Monday, October 22, 2012

The old saying "The bane of my existence" now U.S. policy, as in Bain Capital.

The whole outsourcing debate isn't really a debate anymore, it's now a necessary evil in our global economy. We don't have a choice, so what's all the whining about? Many Americans just hope they won't see $1 an hour jobs while they're in the workplace. But our kids...well, at least we won't leave the large deficits? Even that won't be true.

The days of being a good corporate citizen are over now, since discovering community outreach programs, local support of public facilities and area sports teams weren't necessary to their success. 

In fact, it's just the opposite. With conservative pundits and radio talkers more concerned with vilifying liberal policy, they don't seem at all concerned that the following party attitude will drain the U.S. of its buying power, cause the deaths of its citizens, see a decline in educating the public, leave our seniors homeless and humiliated, avoid social responsibility, and protect corporations from the whims of any political party. 
MSNBC: In his book “Unintended Consequences,” Edward Conard, the former Bain Capital partner and an outspoken supporter of Romney, championed offshoring as a way to improve cost-efficiency and deliver value to consumers:
"Let’s not kid ourselves about just how cheap offshore labor really is. We not only pay substantially less per hour, we also avoid the costs we would incur if these workers immigrated here. We don’t pay for their medical expenses when they show up in the emergency room without insurance. We don’t pay for their pension costs if they don’t save for retirement. We don’t pay for their children’s public education. Nor do we pay for their out-of-wedlock children, their unemployment benefits and workers’ compensation, their slip and fall torts, their wear and tear on our public infrastructure, and the cost of their drunk driving, drug use and other crimes. We outsource pollution, its adverse effects on our health, and its clean-up costs. Neither the employees nor their employers are here to vote and seek political handouts."

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