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Jack Welch sucks.

Cheers!

1 posted on 12/02/2012 6:56:01 AM PST by grey_whiskers
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To: grey_whiskers; neverdem; SunkenCiv; Cindy; LucyT; decimon; freedumb2003; ...
Not my piece. But I predicted the flaws in outsourcing 8 or 10 years ago.

Cheers!

2 posted on 12/02/2012 6:57:42 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers
Outsourcing and the disappearance of U.S. factory jobs were the result of what often seemed like irresistible market forces—but they were also the result of individual decisions, factory by factory, spreadsheet by spreadsheet, company by company.

And consumer by consumer, who made it profitable to outsource by buying the cheaper foreign made stuff. Now, many of THEM are unemployed and can't even afford that.

3 posted on 12/02/2012 7:07:50 AM PST by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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To: grey_whiskers
Business practices, after all, are prone to fads

Important point. And I agree that much of the outsourcing boom was nothing more than an ill-advised fad. I saw it at my previous employer where the IT staff was gutted and a huge software project was hired out to an Indian firm.

After four years of missteps, miscommunications, missed deadlines, and missed opportunities, the project was finally brought back in-house. It turned out that the low wages of the Indian programmers were a pretty accurate reflection of their abilities.

And the very act of communicating to the other side of the world was not as easy as the Internet might lead you to believe. As the article points out, some manufacturing will likely not return -- it's just too expensive, for example, to make cheap clothing in America.

9 posted on 12/02/2012 8:57:02 AM PST by BfloGuy (Workers and consumers are, of course, identical.)
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To: grey_whiskers
not just wages in factories, but the degree of flexibility displayed by unions and workers.

Unions have been FLEXIBLE?!?!?! They take all that they can until the employer is no longer viable, then demand more, and refuse to take the last-ditch offer, so that the company fails. This pattern has been repeated hundreds of times in my lifetime, and was just repeated yet again with Hostess.

Just another union shill trying to pretend that they are still relevant or useful.

12 posted on 12/02/2012 10:07:56 AM PST by Teacher317 ('Tis time to fear when tyrants seem to kiss.)
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To: grey_whiskers

Under “Preparedness on the Go”, you might want to consider having a CD or other copy of the family photo album with a family member who is in a different location. FYI, the small bank safety deposit drawers are too narrow for a CD.


22 posted on 12/02/2012 8:03:54 PM PST by bgill (We've passed the point of no return. Welcome to Al Amerika.)
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