I wont expose the group here, but there's a broad network of technology directors from Amex, that have all been hiring and promoting eachother for 20 years. Very tight nit networks of nepotism, in some cases, brother and sister working together
All that really matters is the Amex brand, and so all the tech was considered back office, and unimportant.
Also, once a company enters some kind of monopoly status, very little matters in the quality of their product.
I have to say I was relieved when my Amex card issuer switched to visa because owning an Amex is a pita. I think they build their business on various rewards programs, the brand itself is garbage in my eyes.
Zero pushback from exec level, zero acknowledgment even though it's obvious. Very deflating for employees.
The conservative base is unfriendly to foreigners and foreign cultures, and claims to prefer American-made goods and services, but will immediately guillotine any internal party member who causes consumer prices to raise substantially--which they would have to do in order to support American workers creating products rather than our offshored counterparts. And the business owners and shareholders who love to outsource generally aren't true blue voters.
The liberal base is in theory pro-union and pro-worker, but will immediately guillotine any internal party member who suggests economic discrimination in favor of native-born industries and workers.
Both parties are being funded by the same people, so both parties play ball with the same set of funders.
Currently, the head of the party is raising and lowering tariffs at will, so I don't quite think this holds anymore.
This is not even mentioning the astounding corruption of a president and his family personally and directly benefiting from these tariffs threats.
Does the party not understand the realities of this? Do they understand and are just lying about it because they're afraid of the leader? Afraid of admitting that they're wrong? I believe people are usually rational but I do not understand a rationalization where choosing to harm American manufacturers and consumers on the whims of a visibly corrupt leader is good, actually.
Most people I know, everywhere in the world have mixed views on most topics.
Let alone the fact that ideologies tend to change, modern rights are way more populist and economically-socialist than they were 2 decades ago. See Poland, Hungary, Italy, etc, where governments make money fall on the poorest, on the elderly, etc ignoring their historical electorate (middle class).
If I could filter "conservatives are X and liberals are Y and it makes no sense" type thought, I would, because it's a driver of this impression.
Well, yes, because discrimination on the basis of where someone was born is illegal. The American liberal base is, and has always been, fine with economic discrimination in favor of those in America (without regard to where they were born or their residency status).
Also, you're resigning the biggest part of the conversation (immigration and residency policy and enforcement, especially with regards to employment) to an implication in a parenthetical?
You add more and more protectionism, it may get some jobs back, but the price is that things get more and more expensive. And not by a few percent, more like by 50% or more. (Just think of how much money an American worker needs to have an ordinary middle-class life compared to a Mexican worker.)
Now consider how much people were angry over the Covid-era inflation and how it was a major factor in Trump coming back (and looks like it's going to be a major factor in Republicans losing the mid-term election this year). Nobody wants prices to go up. Americans say they want protectionism but what they want is a fairy tale protectionism where jobs comes back but prices magically stay stable. It cannot happen, and if the choice is between some other group of Americans in Michigan getting better jobs and you getting your SUV at a "reasonable" price, people will choose the latter. (I'm not digging at Americans - the same is going to happen everywhere.)
It's basically "It's extremely hard to defeat capitalism at its own game." Nobody likes capitalism, but that doesn't mean you'll get popular by defying capitalism.
I personally wouldn't mind a world where consumer goods were much, much more expensive and difficult to acquire, even though it would mean that my life would feel harder and less wealthy than it does now.
What I don't understand is whether or not there's any path to take besides watching the country gently sail along the sunset path into oblivion. Is that it? We gave away the keys to the country's wealth generation mechanism, and now we're at the mercy of the global economy to do whatever it wants? I don't want to compete with foreign firms who can hire foreign labor to compete with me and sell on my territory, but do I simply have no choice?
Why is protectionism working for China?
> People don't buy American cars
53% of cars sold in the US are assembled in the US versus 18% assembled in Mexico.
> things get more and more expensive. And not by a few percent, more like by 50% or more.
The total cost of manufacturing wages only account for 5-15% of the MSRP of a vehicle. So moving manufacturing from an expensive country to a cheap country only changes the price by maybe 10% due to the impact of wages.
When a system takes the money from the economy and delivers it to the capital class and foreign workers, what happens to that economy? We don't know. We're gambling it will somehow be ok. We are also losing the 50% of taxes that comes from individual workers, so add in losing that velocity of money vector going through the government as well.
It doesn't seem like a sustainable system, nor a cheaper system. Only a very risky short term gamble.
This poor fellow talks about what happened to him as if it's something new. This form of outsourcing has been exploited ever since the internet became fast enough!
If anything, it's possible that AI will result in all those Indian offices being shut down.
Don't work harder than your boss. Find a leader who is worth following.
Visa: $3 trillion, 52% Mastercard: $1.4 trillion, 24% American Express: $1.1 trillion, 19% Discover: 0.3$ trillion, 5%
And then, yeah, when the time comes that the work needs to be delivered, odds of it actually being done, let's say 50/50 at best.
Does your manager even want to know the truth? Mine does, but that's only the case because I changed managers 4 times before I found one that I can reasonably believe tells the truth to his superiors.
The Indian manager has the power to fire that employee, finding another job is difficult, so from the employee's perspective it's safe to just say yes.
Obviously, time and time again has proven that outsourcing is not always more efficient.
