
At 08:15 AM 8/10/96 -0400, Scottauge@aol.com wrote:
I was watched CBS reports a couple nights ago about how all these blue collar and now white collar jobs are going across seas.
So a possible way to protect jobs is to protect the knowledge on how to do them. In essence, knowledge is money, cuz that is what we usually want for it now-a-days. "Oh you want me to do that for you, hmmmm, lets see...."
The first axiom of economics is "Wants are unlimited." I'm glad that they're "shipping all those jobs overseas." The more people we have working the more goodies are produced. If the labor of US workers is freed up, then they can go about producing something else valuable that they didn't have time to produce before because those "third worlders" weren't doing their fair share back when they were trapped in feudalism or fabian socialism. You can't get more stuff (wealth) unless everyone is out there working to capacity (consistent with their desired work/leisure tradeoff). DCF