Tuesday, November 19, 2013

Adam Smith (Garrett Elderkin)

As I am an economist, I believe that it would be very beneficial to our economy because, we could have people making the products that we need faster, and for less money. The only way that the idea of "Shifting jobs overseas to take advantage of cheap labor sources and natural resources is the best possible solution for our economy." would be effective is if the government did not take control of the entire operation, for example, it would ony work of the government didnt cotrol the overseas wages, the overseas taxes on goods and thing like that. I'm not saying that buisinesses can send jobs overseas and pay absurdly low wages, or make people work existential amounts of hours either, there would have to be some boundaries on what the businesses can do.

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