Wednesday, November 20, 2013

Assignment 2 Adam Smith (Grace Mahoney)

Shifting our jobs overseas to take advantage of cheap labor sources and natural resources is the best possible solution for our economy. I believe in the idea of laissez-faire economics. People who believe in a laissez-faire approach to trade believe that the government should stay out of how people run businesses. Laissez-faire means HANDS OFF. If the government were to be involved in the decision of shifting jobs overseas, they would try and prevent this, because the government wants more money for itself. If we shifted jobs overseas, other countries besides our own might prosper. If the government follows the laissez-faire policy, though, businesses would prosper enormously! If labor natural resources were cheaper somewhere else, why would we not go there? It would only save our countries' businesses money, so they can expand further! Plus, if we shift jobs overseas, we are bringing jobs to people who might have otherwise been unemployed and would have starved on the streets! Shifting our jobs overseas to take advantage of cheap labor sources and natural resources is the best possible solution for our economy, because in the end it will only save us money and also bring jobs to the less fortunate.

2 comments:

  1. Female textile mill worker (M. Rodrigue)
    What about the actual people working their hearts out every single day. Farmers have been forced off their lands and driven into the cities. Now we are expected to leave our homes in search of new jobs overseas. As opposed to thinking up an economic prediction, the actual people working these positions should be considered.

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  2. Male London Factory Worker (I. Iannotti)
    I completely agree with the opinion of the female textile mill worker above. Making this country successful should not be solely about a well thought-out economic plan. The people in charge need to take into account the needs of the working class, like me. The people like me make up almost three quarters of the population and if most of the population is unhappy, then what are you truly accomplishing?

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