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Reply #26: I'm for it to India, but not to Europe... [View All]

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Darranar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-23-04 08:07 AM
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26. I'm for it to India, but not to Europe...
In order for third world nations to build up their economies, they need to have a trade surplus. One way to achieve this is through movement of jobs.

What I'm not in favor of is the sort of reckless, harmful outsourcing currently practiced by the elite. There should be effective restrictions and world-wide labor laws, to prevent rampant unemployment here and wage-lowering competition everywhere. And the government should raise taxes on the top 1% and use the money for more government jobs for the unemployed and foreign aid so that the inherent problems with market-based development can be reduced. The problem is not outsourcing; the problem is outsourcing without restriction, regulation, or counter.

And while we're at it, reform (or eliminate) the WTO, the World Bank, and the IMF. And withdraw from NAFTA.

The global system needs to be regulated, but if it is totally eliminated the opportunities for development will be greatly reduced.
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