Friday, April 17, 2020

Its Just Business

What I find interesting is how policies and decisions that were wanted by American Business owners and generally pushed by Republicans are now presented as liberal ideas.

For those of us old enough to remember, the NAFTA agreement was pushed by Ronald Reagan and the first Bush administration before it was taken up by Bill Clinton who got it passed with a lot of Republican senators (34) voting for it.

The people who want a global economy are in fact the owner of large businesses who want to reduce costs and increase profits by utilizing the cheapest available labor and goods.

This has nothing to do with immigration, the manufacturing jobs went away, partly because of trade and partly because of automation, but the immigrants who came here didn't take them.

Global trade has in some ways been very successful in reducing prices and improving economies in other parts of the world while leading to economic disruption here.

Much of this was inevitable since economics will always favor the more efficient method since that leads to a more competitive product.

Fine Swiss watches once dominated the market but have been replaced by mass produced battery operated ones.  They do maintain a high priced niche.

In fact watches in general have been replaced largely with cell phones except as pieces of jewelry

Simply put the old order that existed pre and post world war 2 has been replaced by businesses who simply make decisions that increase profits.  Being part of a community or treating workers as stakeholders is something that is used as PR but which doesn't survive a cheaper location.

It not personal, its just business.

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