he's lying. Obama, Is outsourcing real? He pretends it's not. The jobs that are being outsourced are real jobs... keyboard jobs or otherwise. Actual paying jobs. They aren't outsouring because automation is cheaper. ...even if they are. We need to save all manufacturing of all types....new style jobs or old style jobs.
It's funny how the Democrats have become the anti Labor party and Republicans are now the pro Labor party
Brayden Campbell
Obama: Your fucked.
Hunter Reed
but if if if if if if if if if if if if if we bring jobs back
Cameron Ross
Obama forgets that he loves poo in the loo immigrants so fuck you if you plan to work in stem.
Jeremiah Perry
See this shit was funny back when those jobs were in manufacturing. I mean who wants to do that shit anyways right? However now all of our six figure starting tech jobs are going overseas too. This is starting to get out of hand.
Xavier Young
D O K I E K E
Dylan Butler
>how are you going to bring them back >he doesn't have an answer he's stated multiple times, tax the shit out of companies that outsource jobs.
fucking liberals
Owen Edwards
Nobody can make textiles in this country competitively. And nobody should *want* to because those jobs suck dick.
Comparative advantage *IS A THING*.
Jackson Flores
kill yourself kike
you only want that cheap east asian labor.
Anthony Ward
>trying to negotiate deals with other countries to raise THEIR wages and environmental standards
Pls gib jobs and money to me too mr president obongo
Jason Nguyen
speak english please.
Luke Morris
Shit will get messy in the sweatshop countries when suddenly the western world no longer need cheap labor.
John Mitchell
No shit? Because that lets products be cheaper so more people can buy more of them?
Brody Hill
>no one can effectively compete with slavery so we should just allow it
Not even mentioning that most clothes made in asia are polyester and designed for planned obsolesce.
I can buy a pair of levis that are ruined in less than a year or a pair of US or Japanese jeans a little more that last significantly longer
Aaron Peterson
>implying that skilled labor won't also be shipped over there once their workforce gets educated
Noah Morales
>buying jap jeans
weeb get out.
Kevin Mitchell
Are there any companies in which someone brought their company back to America like Obama says?
Connor Powell
I was unaware making a deal with someone else for them to buy your labor and for you to sell it was slavery. Like... Woah. Mind = blown. Freedom of association = slavery. Wooooah...
John Foster
>lets pay whites lower wages so they can live like impoverished Chinese
Kill yourself, kike
Easton Bell
It was an inevitable conclusion. Are Americans really that naive to believe their cost of low-skilled labor would compete on the international market? Automation is only going to further exacerbate the employment prospects of low-skilled, unqualified workers. I am not a fan of Obama, but outsourcing was a occurring problem before Obama decided he wanted to be a politician. It's only going to get worse.
Austin Bailey
That's fine too. Do your best wherever you are. More things and smarter people is a good thing. Economics is not a zero sum game.
William Watson
Trump is Obama's owner?
what a House Nigro
Christian Nguyen
It is when you live in a country where there is a low standard of living and low wages and you have no choice but to work in sweatshops
again please kill yourself, kike.
Aiden Carter
i have no problem with that
Leo Reed
You don't have to work for a wage you don't like. And nobody has to pay a wage they don't want to pay. Deal with it Jamal.
Colton Parker
You have a choice - you can grow berries on a hillside and sell them. You can fish and sell fish to people. You literally always have a choice - you not liking other choices and preferring others a non-choice does not make, oh Tyrese the Giga-nigga.
John Hill
>More things and smarter people is a good thing
you mean lower wages for workers and higher profits for companies that outsource
kike
>just starve >comparing welfare to working for a good wage
kill yourself, kike
The west was built on high wages for white workers
if you're against it you're another rootless cosmopolitan (jew)
Grayson Smith
The problem is that politicians refuse to do anything to stop it even as more and more of the so-called "new economy" jobs are getting shipped out to India and China.
Jackson Russell
It's not his fault nipland is one of the few places that still makes decent clothes without insane prices.
James Smith
You don't have a choice you live in a shitty 3rd world country with a low standard of living
It is, but you don't understand it. Here's a fun fact: the guy who came up with the whole concept of comparative advantage said you shouldn't have free trade unless you have full employment.
Jordan Nguyen
>any company looking to do business in America must purchase and use American made products
Jackson James
Yeah, what Obama said in this video was really reasonable, even if it's not what the man wanted to hear.
Liam Jones
japs make good raw denim you don't even address the main concern that planned obsolescence is somehow supposed to produce a healthy long term economy
Luis Kelly
>I rely on other people to not starve so everyone else must Well since you're a welfare leech it doesn't surprise me you think that's the case.
Isaac Scott
It's natural progression for nations to transition from manufacturing to service with a basic income. Basically a wealthy elite that own and manage the corporations while the rest of the population services them with supplemental govt provided income.
Nicholas Evans
Grade A senpai. 10/10 white wimminz.
Carson Cooper
yeah they're blind to obvious shit
Jacob Powell
You think having substitute goods is unhealthy? Are you high?
Jack Anderson
>comparing productive work to welfare
kill yourself, kike
comparative advantage was always bullshit
kill yourself, kike
Christian Fisher
OK so who will be paying for all that welfare? Because there is no way in hell it will be the wealthy elite.
Julian Kelly
putting native workers out of business is unhelathy
kill yourself, kike
Camden Scott
comparative advantage with the third world doesn't exist. there's NOTHING that they do better, they only do it cheaper.
if you understand value added chains, if they simply do it cheaper, then all it does it cause a trade imbalance, because in turn, there's nothing that they can buy from us which restores the trade balance.
we need to close off non materials trade with third world countries
Gabriel Lewis
Shitposting on Sup Forums is real productive. Ja ne~
>comparative advantage with the third world doesn't exist. there's NOTHING that they do better, they only do it cheaper Try to recall what comparative advantage means.
Brandon Reed
Wow how come people don't speak like this anymore? All politicians are robotic these days seemingly with the goal to pacify rather than inspire
Wyatt Richardson
>quoting Milton "Crashing Chile With No Survivors" Friedman lmao
leeches like you and jews like you need to be purged
Jaxson James
>*IS A THING*. >namefag
Go back to whatever shithole you crawled out of.
> And nobody should *want* to because those jobs suck dick.
Low level work by non-academic workers will always be needed because you never run out of them.
Instead of 10 year old Bangladeshi children you could hire just uneducated but good workers for a good wage, using more complex machinery than they do in the shit part of the world.
"Competitive advantage" is the acceptance of exploitation for shitty products due to unfair labour differences.
inb4 "b-but you'll pay more"
More people will have work, there will be overall more money in the economy, the extra cost is not a problem.
You have bought the jewish marketing for the globalist agenda.
Jackson Morgan
it means paying shit wages in east asia so that whites in the US can be unemployed.
Gabriel Russell
Any and every protectionist policy throughout all time has hurt the majority of people to benefit a minority.
Being a nigger, I understand why you'd want some gibs me dats though.
Jack Sullivan
His ideas worked great for America though. No idea why third worlders believed that they would help them out however. Sucks to be them I guess.
Dylan Nguyen
There's nothing "natural" about basic income.
"Natural" is organisms clawing each other to shreds over limited resources.
Also. Since the housing collapse in 2007 I've had a phrase lodged in my head, and every year it gets louder:
"Controlled descent."
Christian Gray
yeah but this is the thing not everyone can educate themselves out of unskilled labor jobs, id rather products get more expensive and be made locally then have half the population unemployed and on welfare/crime because there are no unskilled jobs available to them.
Zachary Carter
Protectionism made America the richest most prosperous and productive nation on earth
outsourcing made us a poor shithole again where the working class is getting raped and the rich gloat about it people like you need to die.
Jaxon Nelson
Life is not a zero sum game. You know what happens when other people make a product and the cost for doing so is less? The product can (and almost always is) be sold at a lower price. You get cheaper goods because of free trade, and other people get access to our goods and gain another market in which they can sell their own goods.
Nicholas Edwards
He isn't lying. How are you going to bring back an automated job?
Connor Hernandez
take your "a thing" and shove it up your ass fuckface
Leo Evans
yes additive goods are better. biggest lie ever. Yes I'm sure the Vietnamese are so much better off working for 3 cents a day you can shorts for $40. Instead of creating their own consumer class they're perpetually enslaved by globalist trade.
Blake Gray
Keep repeating that. It'll be false forever. Ja ne, nigger-kun~
Carter Scott
Except, That's not true.
Liam Sanchez
you're forgetting EXTERNALITIES
there's a point in a supply curve where it is internally beneficial to a supplier to keep his production domestic because even though his margins grow by exporting production, the domestic supply of cash falls for his own goods.
this is called exporting negative externalities, you fucking idiot.
when we send jobs overseas to niggersville, we get NOTHING in return, but THEY get a piece of american fiat supply, which then, in turn, devalues our currency and puts us in debt to foreign held equity.
this is what economists mean when they talk about FREE TRADE FOR DEVELOPED NATIONS ONLY
Jace Perez
yeah they worked really great
It is when you remove all production from teh economy
Now we are a debt based economy where all money goes to wall street in the form of interest and rent while productive jobs are moved overseas or flooded with cheap immigrant labor that drives down wages further
your vision is one of debt and poverty
Easton Brown
Thanks for proving all anime posters are shitposters
Christopher Long
avatarfagging while extolling globalism should be a lifetime ban.
Jaxson James
you need to stop reading "econ for dumies" and pick up a book for the CFA.
life isn't zero sum, but ACCOUNT BALANCES ARE ZERO SUM.
sending money overseas causes problems. fucking. period. you autistic asshole
Jackson Morris
Then why do people buy alternatives? Are their tastes *wrong*?
He is lying, automated jobs aren't the factories moving to Mexico, idiot.
Elijah Rodriguez
>how are you going to negotiate >is it a magic wand our president, everybody
Bentley Evans
If they won't pay then it's involuntary population control. Forced sterilization. That won't go over well so they'll be forced to pay the basic income or its open revolution.
It'll probably be a bit mixed of the two. Like cheap modified food that supresses the libido and lowers fertility with out outright eleminating it.
Anthony Wright
the outsourcing policies are wrong you fucking retard
and stop posting that neoliberal kike as if he has anything to say
Nicholas Young
The existence of externalities doesn't make your insinuation that "cheaper not better" establishes a lack of comparative advantage being instantiated. You must have failed miserably in the single econ class you tried to take.
Dominic Davis
>Economically illiterate tripfag
Why are you guys giving him (You)'s again?
Grayson Morgan
It's the summerfags.
Liam Campbell
It just means you have a bunch of poor low paid workers in east asia instead of high paid workers in the west
Jacob Bennett
>Are their tastes *wrong*? Yes. They also eat 5000 calories a day, smoke, abuse alcohol and drugs, enter into thousands of dollars of credit card debit, etc
Adrian Anderson
Show me the country that produces nothing and I'll show you a square circle. We produce the most value per capita out of any country in the world, and that's has continued and will likely continue going into the near future.
Austin Reed
>tripfag animeposter thinks he won't be the first to die of starvation this is rich
Logan Moore
I was unaware posting random anime girls was avatar'ing. You've enlightened me with your intelligence.
Brandon Walker
They're all the same breed of kike. I sincerely hope Trump ruins all of their lives.
Isaiah Stewart
This. Welcome to capitalism
Dylan Price
comparative advantage breaks down in the face of negative externalities that dont exist on the balance sheet
okay, so I hire nigger A to pick my cotton for 1/4th the cost of hiring a white guy. now nigger A has the money to shoot my neighbor and rape his wife, and produce nigger b and c. for the moment, it's still cheaper for me to hire him. is that a comparative advantage, or is that the breakdown of society, whereby I hire a MURDERER and give him money which he uses to kill white people ,and I DENY wages to white people?
is that comparative advantage, you fucking cunt? I think that's FINANCING CRIME
Isaac Reed
You create value. You can literally create value for yourself out of air and dirt.
I actually am strarting to like Obama, IDK if its just juxtaposition against trump and hillary, perhaps its since he does not need to give a shit about reelection. But everything he says here is 100% common sense and correct. Frictional unemployment is a short term problem, long term unemployment is really low, especially amond skilled workers, the new industries america is taking in to replace shitty factory jobs are much better anyway. Back in the day a Vast majority of jobs were in agriculture, the plow cultivator put all those people out of work, the trumpsters of the world were all up in arms about how we were fucked, and what could they all possibly do now? they didn't have other jobs. Turns out the world progressed, and we had a big innovative boom from all the freed up labour, fast forward a while we repeated the phase with factory labour. We are moving passed it. Obama also hit the nail on the head with trump not having a solution. He is gonna bring back all the shitty jobs everyone wants, okaaay how? mass protectionism? he never said how, because every possible solution has serious negative consequences he doesn't want you to consider.
Jeremiah Williams
With enough manpower and enough disregard for life and property, a country could destroy another's well-being through free trade. Comparative advantage is only relevant when your people have something better to do with their time. We don't. We have too many people, and we're bringing in more to prop up failed welfare schemes. The same welfare schemes being the only reason people are willing to tolerate the loss of job opportunities so far. The internationals will happily screw their future over for profits now. They have other markets with much looser standards, they aren't bound by borders, they no longer hold any nationalist sentiment.
Joshua James
A Fucking Leaf
Cameron Cook
Yes some do. But they buy substitute goods from people, and those people benefit from the trade. And those same people at least *believe* they benefit from the trade, or else they wouldn't generally *MAKE* the trade.
Alexander King
>implying I don't tend my own garden and have my own chickens l e l
Brayden Hall
great argument. here is your (you), show your mom, maybe she will put it on the fridge!
Christian Rivera
>And nobody should *want* to because those jobs suck dick. they suck but people need to survive. Taking those jobs away just turn people to welfare
Leo Roberts
What negative externalities are there when I'm a better writer than my editor, but also a better editor, but I'm *more of* a better writer than my editor than I am a better editor and so use my time writing instead? Where is the negative externality Carlos?
Angel Parker
>encouraging societal decay disgusting
Aiden Long
>he doesn't want you to consider. like what?
Landon Rogers
>a country could destroy another's well-being through free trade Expound.
Jack Green
>nonresponses K e k You're fucking brilliant m8. I bet you even graduated high school top 60%!
Alexander Parker
Fuck off bernie, what's your solution? Take away their jobs, let them starve to death, then pat yourself on the back and say how great you are for ending cheap labour?
Christian Collins
Nobody in this country is in danger of not surviving unless they isolate themselves and have no idea what they're doing.
Aiden Howard
> Thinks that paying Americans minimum wage for the same shitty jobs will somehow solve all of our problems