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Originally Posted by Perfectlap
it is truely amazing how few people realize that the govt has neither the pockets nor the man power to move that unemployment needle from 10% to 5%. That is entirely up to consumer's choices. If they buy from companies that have an interest in taking on more U.S. workers then we will see big movement on jobs.
If we continue to buy from companies that are morely likely to take rising revenues and simply send jobs off-shore, then we get what we have today. Compounding matters is that companies that export jobs to lands where labor equals 1/10 of U.S. wages (not including benefits of course...) are obviously more attractive to Wall Street. We argue about which way the govt should or should not spend a trillion dollars to stimulate job creation while sending 12x's that amount to companies that export jobs, both blue collar (China) and white collar (India).
What Congress could do is simply start a campaign to encourage consumers to buy from companies A thru Z which have pledged increasing jobs X% in 2011.
A yearly pledge of sorts. Surely they will want something in return but at least we are informing the consumer about which companies have a long term plan that involves American workers. Andy Grove who built Intel was recently complaining about this in the tech sector recently in a Wall Street Journal Opinion piece: "every tech firm wants to send every job possible to China as part of a 'China Plan'...but where's the USA Plan?".
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buy american.....wait...isnt this an import forum ?