Well, let's set the record straight; the jobs belong to the company that offers them, not to a country, person (or group of persons) or any locale. Wherever the jobs are or go, they don't belong to us, the employees. They belong to the company. We in America, used to understand this. As far as bank loans relating to hiring, here's a clue for those that buy that logic; businesses don't like to borrow money to hire people. Businesses hire people because there's enough demand for the product or service that justifies hiring workers.
As an employer, I often tell candidates that I can give them a job but it is up to them to keep it. You might be surprised at how many people in America think it is the employer's responsibility to provide jobs and conform to wishes the employees dictate.
The mentality in America has shifted and many believe that if a business moves its operations out of the U.S., the company is just being greedy.
If we understand nothing else about the jobs situation, we must know that many business decisions have to do with government regulation and market competition. I.e. if my company makes widgets in the U.S., complying with all governmental regulations and makes a profit of 1% per widget and a competitor manufactures overseas, ships to the U.S. and is able to sell for less than my company I won't stay in business long. And if you say that government regulation in the U.S. exists to ensure safety and quality standards exceeding the rest of the world you would be dead wrong. Yes, those regulations were originally intended for such reasons, but today many government operations are so inept they exist for the mere purpose of justifying someone's job. I have seen this first hand. If you still think I'm wrong about this ask yourself the following; why do many U.S. corporations send quality and safety inspectors to their overseas plants to ensure proper procedures are followed? I'll tell you why; they want the best quality, but not to put up with bureaucratic hassles so prevalent in America.
The United States of America was founded on the basic principle that government should have limited power over the governed. Over the years, we've demonized businesses and come to believe that all corporations make significant profits and therefore, should be able to bear the costs of many of our expenses (both private and government, i.e. healthcare, retirement savings, education, road construction, etc.). Businesses, like families, don't have an unlimited amount of money. Therefore it might be better to rid the country of many of the onerous laws, restrictions and regulations that hinder businesses from growing. I'll get into some of that in a future post.
For now, we should remember that it is cost and demand, for goods and services, that dictate whether businesses hire, fire or move their jobs.
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