The Reagan Project. Outsourcing.

[WingDinger]

So when corporations outsource to China, India, Canada, Mexico, or anywhere else, they are transferring this wealth creation out of our country. The result is higher unemployment, lower tax revenues, larger budget deficits, and more borrowing from the countries to whom we have outsourced the work. In fact this borrowing then creates even more of a drain on our economy as the debt keeps increasing and is costly to service. Wall Street may be happy as the rich get richer, but Main Street suffers as the middle class become poorer and the poor go on welfare. As this spirals down into more debt the deficit grows even larger.

The CEO’s may have increased their bottom line a few pennies per share by sending those customer service jobs to India, but once thriving communities in the US are now devastated as they struggle with joblessness and foreclosures. Cities and states have reduced tax revenues and cannot afford the necessary services to maintain their communities. Although it now gives corporations lower cost products by having them manufactured in China, we are now seeing a massive drain on the wealth of our own country. In addition corporate taxes are not paid on profits generated overseas. All of those dollars stay offshore and circulate in the foreign economies. While the US suffers this drain on its wealth, the coffers grow ever larger overseas. It is like trying to fill a bucket with a huge hole in the bottom. “There’s a hole in the bucket dear Liza!”

http://newreaganpatriots.wordpress.com/2011/01/14/the-dangers-of-outsourcing/

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Only a small handful of people have looked objectively at the issue. These few and the large number of Americans whose careers have been destroyed by outsourcing have a different view of outsourcing's impact. But so far there has been no debate, just a shouting down of skeptics as "protectionists."

Now comes an important new book, Outsourcing America, published by the American Management Association. The authors, two brothers, Ron and Anil Hira, are experts on the subject. One is a professor at the Rochester Institute of Technology, and the other is professor at Simon Fraser University.

The authors note that despite the enormity of the stakes for all Americans, a state of denial exists among policymakers and outsourcing's corporate champions about the adverse effects on the US. The Hira brothers succeed in their task of interjecting harsh reality where delusion has ruled.

In what might be an underestimate, a University of California study concludes that 14 million white-collar jobs are vulnerable to being outsourced offshore. These are not only call-center operators, customer service and back-office jobs, but also information technology, accounting, architecture, advanced engineering design, news reporting, stock analysis, and medical and legal services. The authors note that these are the jobs of the American Dream, the jobs of upward mobility that generate the bulk of the tax revenues that fund our education, health, infrastructure, and social security systems.

http://www.globalresearch.ca/index.php?context=va&aid=18725

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We need to accumulate the evidence. Reagan bromides about trickle down, and floating boats notwithstanding, we have scant scholarly refutation to fearmongering of protectionism, or anything else but right wing memes.

Sure Clinton didnt help, but the conventional wisDUM was far too pervasive. Show what you gotz.

We need talking point quick challenges. Sure Reagan ruined the USA. But how?

[bart95]

1. US senator working on bill to allow more visas to Indians

(I searched this article for the part where the ghost of reagan had his gun to their heads forcing them to do this, but i couldnt find it)

New York, Mar 25, 2012,(PTI)

Amid Indian IT firms' concerns over restrictive US visa policies for their employees, a top American senator has assured that he is working on a bipartisan bill that will reform immigration laws and allow more Indians to come to America.

Influential US Senator from New York Chuck Schumer and Senate Majority Leader Harry Reid met noted Indian-American hotelier and Chairman of Indian-American Democrats Sant Singh Chatwal at his Manhattan hotel here on Friday.

During the nearly hour long meeting, the three discussed India-US bilateral relations, with Chatwal raising concerns of Indian IT corporations regarding problems faced by them in obtaining work visas like H1B and L1 for their employees.

http://www.deccanherald.com/content/237070/us-senator-working-bill-allow.html

reagan may have been the ringleader, but he had and still has more than a few henchmen

[JHB]

2. Do you want to invest in those trying to get ahead? Or those who already are?

"Trickle down" broke the mechanisms that did the actual trickling. Here's the irony: High marginal taxes, strong unions, and regulation were market solutions that encouraged the development of the middle class by changing the "terrain" of the market to encourage development and reinvestment in your company and work force rather than taking every last cent that could be squeezed. They definitely put a crimp in financial speculation and wheeler-dealing that lets a few people pour lots of money into their own pockets by gambling, liquidating profitable companies, buying out competition, and simply screwing your customers.

I would suggest not putting everything on Reagan: he was a salesman, not a mastermind. Not saying he wasn't vital to it, just that one obvious (and now dead) guy isn't the whole story, it's about beating back the forces that backed him, whose agenda he strapped rocket boosters to.

[pansypoo53219]

3. anti-union.

the reagan democrats fucked themselves good.