American business Quote by Ronald Reagan
“We have seen numerous instances in which American businesses have brought in foreign skilled workers after having laid off skilled American workers, simply because they can get the foreign workers more cheaply. It has become a major means of circumventing the costs of paying skilled American workers or the costs of training them.”
About This Quote
Source Speech: Unknown, possibly a political commentary or interview
The statement criticizes the practice of hiring cheaper foreign skilled workers while laying off domestic workers, framing it as a cost‑cutting strategy that undermines American labor.
In simple terms: Hiring cheap foreign workers to replace Americans is a cost‑saving tactic.
Key Takeaway
Support fair wages and training for domestic workers.
Themes
economics
labor
globalization
Mood
critical
concerned
Type
political
economic
When to use this quote
- corporate hiring
- government policy
- workforce planning
Key Concepts
employment policy
trade
cost reduction
Questions to Reflect On
- Should we prioritize cost over skill?
- How can we balance domestic job protection with global talent?
A Different Perspective
It may overlook the benefits of diverse talent and global competition.
