So long as things don’t go to extremes, that is, such as is the case at Foxconn, where the pay is so low, work so hard and the hours so long that many workers have opted to commit suicide in order to end their troubles at the firm.
In short, fewer jobs, to a degree, are a healthy thing for the bottom line, if you are an owner of a corporation. Hence it’s one of the reasons why it is always difficult to make drastic changes to the status quo. It’s a zero sum game between the employer and the employee. Owners don’t want to give back so much that it eats greatly into profit making.
Hence the advice to Obama, that perhaps it’s best to let it be – leave things as they are.
It makes sense also in that it’s probably what Obama wanted to do in the first place, so long as he could get away with it. You see, politicians are often like that. They say one thing and then go out and do something different. Obama says he cares about American workers and wants to create jobs, and he appears sincere in rhetoric, but in action he really prefers to do nothing if possible. After all he’s a politician who wants to win elections – and, this year, re-election – and all politicians, as their capitalist backers are very certain, are good people that money can buy. At the end of the day, Obama represents the rich and powerful people of America more than he represents the average working folk.
And the rich and powerful people of America, mind you, are the ones to want to preserve the status quo, not upset it.
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