What is causing the loss of jobs in America to third world countries? Please explain.?

Question

How does INFLATION play into this picture?

Answer 1

It's the cost of doing business. wages, health care, hippa, workers comp and taxes. Inflation causes all of these to increase the costs associated with our job force, making it more expensive to employ and distribute.

These 3rd world countries make the majority of their money in the quantities they sell to other parts of the world.
a lot of 3rd world countries don't have the same laws of doing business hence passing on the savings to the consumer, that being the western world (primarily)

Answer 2

I can answer in two words: Corporate greed. They want the cheapest labor available, where they don't have to pay benefits or observe local laws. It's being done deliberately, and they don't give a damn about the rest of us. Inflation is happening because our currency is WORTHLESS, based on nothing but O-I-L, and the credit bubble is beginning to burst already. There is a HUGE CRASH a-comin.

Answer 3

labor is cheaper in third world countries, that's the bottom line for outsourcing work from America. The bottom line is profit. It's not going to improve in America, jobs are going to be outsourced to other countries more and more because it costs too much to pay an American worker. Sad but true.

Answer 4

Corporations move jobs overseas to take advantage of cheap labor costs, reduced government regulation, reduced taxes, in order to make more profits, and compete effectively against other global manufacturers which are doing the same.

The U.S. government also gives U.S. companies operating overseas the same corporate tax benefit as if located in the U.S., even though they do not produce local manufacturing jobs which help the U.S. citizen and economy.

As the U.S.A. is the largest consumer market, the willingness of U.S. citizens to purchase products made overseas is driven by better value personal lack of social responsibility, to the detriment of U.S. jobs and the national trade deficit.

'Out of Work? Hungry? Eat your Imports!'

Answer 5

Corporate Managed "Free Trade" Agreements that were negotiated in secret. The Bushs and Clintons approved them all until Hillary, with her campaign nearing, voted down CAFTA.

In the first ten years of NAFTA the U.S. suffered a net loss of over 800,000 jobs. Mexican farmers had to move to the cities and then illegally into the U.S. to find work after their corn crop couldn't compete with subsidized Corporate farmed corn in the U.S. that was exported to Mexico.

The big blow was the Normal Trading Relations deal (1999) and admitance into the W.T.O. of China in 2001. Millions of manufacturing jobs went to China, where low paid workers toil long days with no rights under a repressive undemocratic totalitarian state.

Answer 6

overseas people (who can do the work) need income, and we (USA) needs a good deal so that we can maximize our money so that we can fund a war, pay our bills, keep donating to people in need (like from hurricanes, tsunamis, earthquakes), have our large companies contribute to our own country's needs, keep moving ahead with technology (and doing things like in the medical field), and still maintain good international relations (because we know in times of global change that we need each other).

If you listen to the radio and tv then you'll know that broadcasters, journalists and politicians can't determine if we're in or headed for inflation or recession.

Answer 7

this loss in america is not permanent ,soon this will change. inflation is evrywhere, not only in america

Answer 8

it doesn't. and america creates jobs all the time...labor, goes where it is cheapest to obtain. the unions here have bitten off more than they can chew and employers are sick to death of them...and i don't blame them one little bit!

Answer 9

looking for cheap labor and ant to be more free in their decisions