Dr. Walter E.Wlliams on downsizing

Dr. Walter E.Wlliams on downsizing, the nature of business and media's misrepresentation of businessmens' motives.

Category:

Nonprofits & Activism

Tags:

• economics
• labor

[rantventrant]

Walter Williams is awesome

[dtpac]

American companies would likely NOT outsource but for one thing, and that's the federal government. Look at the taxes American business is forced to pay. So, overseas they go where labor is cheaper and less red tape stands in the way. And they pay less in overall taxes. The first goal of business is to make a profit, not bend over and smile while the government rapes them.

[1963danno]

@thomasst2 AH sorry , there is no forcing of wages. If a company decides to be affiliated with a union then they are merely subject to the terms of the collective bargaining agreement with said union. They are not forced to be a union company by anyone nor are the workers forced to be union members. If wages get to deemed to high then the union company will not survive

[1963danno]

Corporate downsizing is a euphemism for let's fire all the people who are actually producing something and keep a lot a people who are not producing anything.

[1963danno]

I believe this guy is an effeminate heterosexual

[Killedkennyagain]

@dtpac High taxes is why I closed my small business, I could not even pay for new equipment I needed or maintenance of the old equipment because of the excess taxes.

[prettylyricsmarie]

@panther9mm actually I wasn't at best buy on black friday. I didn't even shop on black friday. I don't know what you are talking about sorry.

[panther9mm]

@BRYAN351 you must be white american and a liberal too. throwing around your political correctness like you are a police with a badge

[panther9mm]

@prettylyricsmarie excessive greed is you. i saw you waiting in line at best buy on black friday. next time, don't be greedy, and give me your place in line

[panther9mm]

@SSgtParmer housing those chinese kids in a sweatshop is inhumane. you should be ashamed of yourself for taking advantage of those underpriviliaged. everybody knows that the true cycle is supposed to be the american has the job, and gives foreign aid to the other countries.  there is no need for the rest of the world to work because americans are so productive, and will be treated fairly because of the unions

[prettylyricsmarie]

The problem with downsizing, is greed is a an addiction and at times a mental illness...Excessive Downsizing and excessive greed will only lead to chaos and violence/revolution in the future...Eventually there will be too many downsizing of companies, and too much greed, people won't have enough to survive, food, clothing, shelter, etc. and people will be fighting over what's left...