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Originally Posted by blind2web
A study by PriceWaterHouseCoopers a couple of years ago showed that it was actually beneficial to move certain jobs abroad as trade increased between the two countries in the long-run.
Thanks
B2W
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These are slogans but the fact remans that for every job moved from the US to India, there is one more unemployed American with advanced (or fairly advanced) skills. I fail to see how this benefits BOTH countries.
As for the increase of trade between the two countries this is another gimmick and politician's slogan. Sure, the trade between China and US increased signifficantly. Now there is hardly anything that is manufactured in the US. The most recent vicitm being the US textile industry. The trade deficit with China is around $200B. Can you tell me how this benefits the American citizen, one who doesn't trade on Wall Street?
Can you also tell me how the brain drain benefits the US? Computer science is not an attractive proposition to an American kid anymore. No jobs, or few jobs. The US is beginning to lag in technology and science behind countries such as China and India. Can you tell me how this benefits BOTH trading "partners"?
China is increasing its millitary potential, using money earned from trade with the US.Meanwhile US soldiers have no, or mediocre bullet proof vests. Can you offer some of the benefits of the trade with China to the American soldier?