Hey, if I want to fly to Shanghai for my McNuggets, that's my business.How does a company like McDonalds benefit from the sending of american jobs to china, india, mexico,etc.?
Cheap labor.How does a company like McDonalds benefit from the sending of american jobs to china, india, mexico,etc.?
It's very simple. If they pay an American to make their Happy Meal鈩?toys, cups, wrappers, etc, then they pay at least minimum hourly wage. If they pay someone in a poor country to do it, they might be able to get away with paying just a few cents a day.How does a company like McDonalds benefit from the sending of american jobs to china, india, mexico,etc.?
Some countries produce things at lower cost. Not all such coutries are poor. Dollars fluctuate.
The question is, ehat makes those jobs "American"?
Companies need to be competitive to survive. If McDonalds has everything produced in the US and another burger chain outsources overseas, the other burger chain will have a major price advantage and put McDonalds out of business.
Americans during te Cold War were able to keep businesses from going abroad to find labour by creating a polarized world of rich vs poor nations. Now that it's over, these companies can produce in China and elsewhere with relative ease bringing the balance of rich and poor to a more reasonable level.
As poorer nations standards of living increase, richer nations standards of living must go down to balance out.
Today, the minimum wage in the US is too high. People make too much money to compete internationally.
In the near future, wages will need to decrease. Jobs will take more people overseas. Rich and poor will be spread across the globe more evenly. It will not be "American" jobs as it never was. It's just jobs and the best employees will still make the most, only this time they will come from any nation, not just certain ones. Americans will be forced to compete with more abitious, thinner people for the same jobs and therefore many Americans will go broke while many others from around the world will have a better chance to make it rich.
McDonald's doesn't care about American jobs, it cares about profits, as it should, it's a business. There's nothing in it for McDonlad's to keep paying fat lazy over demanding Americans $8 an hr, tens of thousands of dollars in insurance, sky high rents and operating costs etc to keep jobs in the US. The US is the least competitive / desirable nation to manufature in.
Americans don't grasp business though. If the government had brains they'd work harder to keep the US competitive for manufacturing. They'd realize they can't be a country of 300,000,000 people all in the service industry. The money has to come from somewhere. There's your debt. 12 trillion in the whole and no end to the borroeing in sight. Well not until the US economy completely collapses and min wage hits $3 an hour. Then the US will become competitive again.
Anyway, now I'm just drifting...
well because of racist, socialist idiots like are little obama fraud in the WH it is becoming harder and harder to run a successful business in the US so anyone who wants to provide jobs and create wealth is forced to go elsewhere...some how obama thinks this will "fix" the economy, well at least that is what the crack head has been saying while he sens billions in tax payers money to his big business buddies that helped buy him the election, unions being at the top of the list
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