> If you can't afford the labor costs, then your business doesn't get to exist. That's the way the market works.
True for a small local business, but with larger outfits an entire department gets outsourced to a cheaper country. This brings the headache of extra overhead, project management, travel and difficulty in scheduling meetings due to time zones, but at certain scale the companies can handle that.
Do we as a society
* want an economic policy that disadvantages small businesses in favor of large businesses?
* want to initiate a long-term migration of entire departments and then companies and then industries offshore?
If we as a society are completely okay with this, then this seems like a reasonable economic policy.
True for a small local business, but with larger outfits an entire department gets outsourced to a cheaper country. This brings the headache of extra overhead, project management, travel and difficulty in scheduling meetings due to time zones, but at certain scale the companies can handle that.
Do we as a society
* want an economic policy that disadvantages small businesses in favor of large businesses?
* want to initiate a long-term migration of entire departments and then companies and then industries offshore?
If we as a society are completely okay with this, then this seems like a reasonable economic policy.