also, the pollution regulations that we have here, china for example does not have. thus much cheaper goods made there. thus, walmart is the number one retailer of china imports.
so you are not speaking greek to us. we agree.
i don't fully agree with you about outsourcing. heaven forbid a CEO making a few million, takes a pay cut or changes his bonus structure, to warrant keeping more jobs here. yes, the government plays a big role, but so does corporate greed. greed is a harder problem to solve, though.
but how a CEO could layoff say 100+ people, and not take a paycut, and yet, his stocks go up? that is not the government, that is greed. and that happens all the time.
the corporate world could take a few lessons from warren buffet.
edit to add >> i don't begrudge anyone their earned due. If you work hard, and you earn being a millionaire, great. but if your company is struggling ...for whatever the reasons...from a humanitarian standpoint...think of every way you can keep your staff working, even if that means the CEO and the rest of top mgmt, takes a huge paycut to do it. Until you get back on your feet. I worked for a company a few years back whereby the CEO didn't receive a salary for one year, to keep employees. That showed incredibly humility in a time where people were truly worried if they were going to be jobless or not. (in the $40 to 60k salary brackets)
Not only will you keep your employees, but the productivity of those who viewed that CEO as going above and beyond, soared.
Win win for everyone.
I'm being simplistic, and I understand that outsourcing isn't as cut and dry as this. But, it's not as cut and dry as you say, either. Somewhere in the middle, perhaps.