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Originally Posted by ASAP
I've got so much to say that my keyboard literally doesn't have enough characters...
The part that you fail to understand is that anything and I mean anything can be outsourced, there may be minor legal and medical exceptions but as a whole, nearly everything can be outsourced for pennies on the dollar. You mention coding, which is arguably one of the easiest things to outsource that both China and India will gladly do for you fractions that we will... or perhaps the AI bots that are starting to code for themselves and a prediction for an over abundance of SW engineers will soon hit... or the fact that many corporate / economic leader says that College Education will soon have little value... It is up to the individual nations to incentivize their population to stay, do business with the country, increase their own manufacturing and be as independent as possible... this is what truly allows a nation to grow... the further we go up the former direction, the deeper trouble we get in... a European Union has basically allowed any individual in any member nation to go work in any nation no questions asked.... now what do you suppose this will do the poorer off nations?... sry, it's not an economic union... its an agreement that works to the favor of the wealthy
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All nations benefit. The degree and the levels where the benefits varies. The poorest people of the poorer nations benefit immediately with higher paying manufacturing and labor jobs. Overall economic activity increases. Mobility also allowed less skilled labor to move freely where the demand is, lowering input costs at those locations.
Those are real tangible benefits to open boarders concept to open trade.
Again, there will be winners and losers. In fact NAFTA probably account for the loss or displacement of half a million manufacturing jobs in the US.
Should we feel bad? Sure, but we should be angry at the unsuccessful integration of those laborers back into the workforce doing things that is actually needed.