Thread: The Real Causes of Income Inequality

Originally Posted by dnsmith

I do rejoice somewhat, but the real rejoicing will be when the % of the Indian people are middle class as the rate of middle class in our country.In my opinion if 300 million can emerge in the middle class over only 1 million US workers I would say that was a great success. Most of those laid off by our last recession were those who were the least productive. They are making money from all over the world as the US is not the only country whose business are outsourcing to India and China.

Actually, do you get to eat every day? Do you have a roof over your head? Do you have clothes to wear and transportation to get where you want to go? Then count your blessings because there are another 300 millions of poor in India who either sleep on the street, build mud huts covered by thatched roofs they build themselves and who scavenge for food daily. The poor in our country have never seen poverty like that of the bottom third of the Indian population. If I ever see an American that poor I will buy him dinner, take him to a store and buy him clothes and direct him to public housing.

I will admit that you are the first bleeding heart free marketer I have ever encountered.
I lost my career due to a flood of incompetent, low-wage H1-Bs.
And once again, I would love to know the last time you engaged in such a level of conversation such as this with an imported IT slave.

Originally Posted by michael h

Thats a point I tried to make that the west had no interest in developing third world countries ...

Unfortunately we are guilty of that dreadful lack of humanity.

they wanted their resources. Yet governments didn't act in the interest of citizens ... a few strong men enriched themselves in these poor countries. The IMF is one of their tools ... they have many others.

in some countries yes. But in countries making up 1/3 of the worlds population it is not.

However many countries did prosper by protecting their markets. Now America is just like third world countries headed down a path of not acting in the interests of a strong economy.[/QUOTE]No country will continue to prosper if they continue down the road of protectionism they have traveled in the past. What we will have is part of the revolt against the west by Islamic people. If we continue to build our prosperity by denying other countries the same opportunities we will see an even larger part of the world rising up in protest, and that doesn't even speak to the humanity of the issue.

Originally Posted by USCitizen

Answer the question:
Handing jobs, money and technology to India has produced?...

Of course it has. Do you believe we could go to a foreign country and all of a sudden pay wages close to what American labor made? It can't be done. We did pay more than the going wage for the individual country and those country's labor forces are in the flux of economic development. Measure as with a yard stick? No, measurements are done by census which prove that the Indian population has increased its middle class by hundreds of millions.LOL And the right wingers call me a flaming liberal.What callousness? No family in India, but I understand their plight.

Why hasn't a nation of over 1 billion super-humans become peers with the US after at least 30 years?

How long did it take the US to be a super economy? Get real! It will likely take another 3 or 4 decades, and we had better recognize that the sooner the better.

Originally Posted by USCitizen

I will admit that you are the first bleeding heart free marketer I have ever encountered.
I lost my career due to a flood of incompetent, low-wage H1-Bs.
And once again, I would love to know the last time you engaged in such a level of conversation such as this with an imported IT slave.

I have never met an imported IT slave. We have several Indian families here in our small town. One owns the 2 Dairy Queen franchises. One is a dedicated surgeon. Another is a floor manager at the local Michelin tire factory near Midland City. None or slaves, and all came on an H1b visa, some within the last 3 or 4 years. Though you may have has a bad experience, H1bs tend to be competent in their fields and good employees. A couple leave me behind in a technological or economic discussion.

Naptime

[QUOTE=dnsmith;2068913]

Originally Posted by USCitizen

Of course it has.How long did it take the US to be a super economy? Get real! It will likely take another 3 or 4 decades, and we had better recognize that the sooner the better.

30 years of handouts to India...
[1] have made a small percentage of Americans and Indians very wealthy.
[2] has diminished the US middle class and produced an insignificantly sized Indian middle class.
[3] has greatly increased the US poor and produced nothing for the overwhelming percentage and number of Indians.

Keep on posting, you're providing great fodder for failed trade agreements.

Originally Posted by dnsmith

I have never met an imported IT slave. We have several Indian families here in our small town. One owns the 2 Dairy Queen franchises. One is a dedicated surgeon. Another is a floor manager at the local Michelin tire factory near Midland City. None or slaves, and all came on an H1b visa, some within the last 3 or 4 years. Though you may have has a bad experience, H1bs tend to be competent in their fields and good employees. A couple leave me behind in a technological or economic discussion.

They sound like immigrants and they're definitely not IT H1-Bs; you just said so yourself.

Originally Posted by dnsmith

I have never met an imported IT slave. We have several Indian families here in our small town. One owns the 2 Dairy Queen franchises. One is a dedicated surgeon. Another is a floor manager at the local Michelin tire factory near Midland City. None or slaves, and all came on an H1b visa, some within the last 3 or 4 years. Though you may have has a bad experience, H1bs tend to be competent in their fields and good employees. A couple leave me behind in a technological or economic discussion.

I'd have no problem with Immigration or H1b's if the economy wasn't being exported. The issue is prosperity. I lived in a 3rd world country and my maid who got $100 a month and meals, was quite pleased with the pay ... standard compensation was $70 a month. She was pleased because the cost of living was much lower ... not the case in the US ... but much the case in third world countries.

H1b's are just an attack on compensation as Greenspan stated. He and his pals at the FED were solely interested in driving wages down ... not filling a need. When it becomes a need ... letum flow.

Originally Posted by michael h

I'd have no problem with Immigration or H1b's if the economy wasn't being exported. The issue is prosperity. I lived in a 3rd world country and my maid who got $100 a month and meals, was quite pleased with the pay ... standard compensation was $70 a month. She was pleased because the cost of living was much lower ... not the case in the US ... but much the case in third world countries.

H1b's are just an attack on compensation as Greenspan stated. He and his pals at the FED were solely interested in driving wages down ... not filling a need. When it becomes a need ... letum flow.

MNCs are working with India to create a caste system in the US.
It's Class Warfare I tell ye!

Originally Posted by USCitizen

MNCs are working with India to create a caste system in the US.
It's Class Warfare I tell ye!

Its socialism for the majority ... capitalism for a few.

[QUOTE=USCitizen;2068920]

Originally Posted by dnsmith

30 years of handouts to India...

Not hand outs, they worked for their money.

[1] have made a small percentage of Americans and Indians very wealthy.

Made lots of Americans and Indians enough to live on.

[2] has diminished the US middle class and produced an insignificantly sized Indian middle class.

The diminished US middle class is a myth and it it created a middle class in India equal to the entire population of the US, certainly not insignificant by any sane persons reasoning.

[3] has greatly increased the US poor and produced nothing for the overwhelming percentage and number of Indians.

Baloney!

Keep on posting, you're providing great fodder for failed trade agreements.

I most certainly will, and acknowledge you only care about your own pitiful self in the process.

[QUOTE=dnsmith;2068966]

Originally Posted by USCitizen

Not hand outs, they worked for their money.Made lots of Americans and Indians enough to live on.The diminished US middle class is a myth and it it created a middle class in India equal to the entire population of the US, certainly not insignificant by any sane persons reasoning.Baloney!I most certainly will, and acknowledge you only care about your own pitiful self in the process.

So caring about my nation, the US = caring about myself?
OK.

Originally Posted by USCitizen

They sound like immigrants and they're definitely not IT H1-Bs; you just said so yourself.

All people allowed to come to and stay in the country are immigrants. Some just make less than others.