DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**mirvokrug** · 12-29-2005, 10:13 PM

Correct, Partofme:

The people who have lost the most income are being called upon to pay the most (in % terms) to provide what is left of the safety net for their compatriots.

And meanwhile, the Rich skate out...................

Zedrow,

You've got the overall, except that those corporations are making up profits, or attempting to, which are lost here by gaining revenues from overseas markets.

Thus, the phenom of the 'American' corporation HQed in Bermuda with production facilities in China. and a call center in India.

That is how the 'race to the bottom' is working.

12-29-2005, 10:13 PM	#25
mirvokrug Join Date Oct 2005 Posts 436 Senior Member	Correct, Partofme: The people who have lost the most income are being called upon to pay the most (in % terms) to provide what is left of the safety net for their compatriots. And meanwhile, the Rich skate out................... Zedrow, You've got the overall, except that those corporations are making up profits, or attempting to, which are lost here by gaining revenues from overseas markets. Thus, the phenom of the 'American' corporation HQed in Bermuda with production facilities in China. and a call center in India. That is how the 'race to the bottom' is working.
	Quote