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Well actually ...
It creates a lot of oppertuninities for the country.
It creates a lot of jobs for the poeple which gives them more money then .
A lot of 3rd world countries microprocessor companies give accomandations to their workers.
And they provide them with food.
The company will build nice buildings and facilities in the country.
ETC /./ ETC
So really both countries benefit from it |
I wouldn't say both countries benefit.
Look at how we have such an extreme maldistribution of wealth in the United States. The wealthy own most everything.
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The company will build nice buildings and facilities in the country.
ETC /./ ETC |
Great, nice buildings for people being underpaid. How unfair, no minimum wage, but office space will make up for it.
From the export/import standing, how the hell can we export anything back to these countries when they are too poor to buy because we pay them so little. India's middle class, on average, is worth only ONE FIFTH of the US's average middle class. This isn't the peoples fault, this is exploitation. The sad thing is that the American citizens aren't even getting anything out of it except less jobs and 10 dollars off a processor (whoopty ****ing doo). It just creates an extreme trade deficit (as we have now). So the American people lose their jobs because we aren't exporting goods for them to work on.
The United States thrived with heavy tariffs for many many years. And when they flirted with free trade after world war 1, what happened? Oh yes, the biggest stock market crash in all of history.
Currently, we see massive tariffs being placed on foreign steel. Because it's ruining the US's steel business. And the same thing will happen to anything else that can be made elsewhere.
I am not mad at you, but pissed at the United States for signing NAFTA and the FTAA.