Quote:
Originally posted by Astrocloud
My point is that the real world economy isn't as Hunky Dorey as some would have us believe. If you want to claim that the economy is on the rise, dandy. Don't expect others to swallow until we see some definite change in the evironment.
Many American companies, (like my student loan company for instance: Sallie Mae), have outsourced their customer service to India. I can see that this is monetarily good for them and could lead in a rise of profits. However, this doesn't necessarily mean that everything is good for those outsourced American workers.
I'm not a protectionist but don't quote numbers until the American people see results. (And if one person on here or another is reaping the benefits of the Jobless recovery... go ahead and gloat a little... But don't expect everyone here to find your argument so convincing).
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Oh so now there's a "real world" economy. I'd better let the Fed know. Here they thought they were capturing the economy by measuring GDP, foolish them.
As far as outsourcing jobs. Nothing new. It's been done to countless other industries. That's the nature of allowing foreign trade and selling public shares of companies. The stockholders want costs to be lowered. It's certainly not the President's fault that you chose the wrong profession.
As far as quoting numbers before the "American people" see the results, you were the one clamoring for quotes in the other economic posts and just because you don't like this one, you want to disregard it. The majority of the American people are seeing the results. That's why they're spending their money. That's why they're buying new houses and new cars and investing in the stock market.