Jobs Sellout

The Washington Times ^ | Feb. 20, 2005 | Paul Craig Roberts

[sinkspur]

Roberts, as usual, doesn't know what the hell he's talking about.

[FairOpinion]

Job openings at US tech companies skyrocket- Microsoft:3200, IBM: 1200, Intel: 1000, Cisco: 650

http://www.freerepublic.com/focus/f-news/1346985/posts

[Texas_Jarhead]

I don't think you can really point to that thread, which I read when first posted, as evidence that counters the article.

[sinkspur]

I think you can. In any case, Paul Craig Roberts has turned from an upbeat economic advisor to Ronald Reagan to a gripy, skunk-at-the-party curmudgeon who has nothing good to say about America anymore.

He's got Buchananitis.

[Bobber58]

On Feb. 13, the Dayton (Ohio) Daily News reported jobs outsourcing is transforming Indian "cities like Bangalore from sleepy little backwaters into the New York Cities of Asia." Very quickly, outsourcing helped raise India from one of the world's poorest countries to its seventh-largest economy. If outsourcing is really just a small thing involving a few call centers, how is it transforming sleepy Indian cities into "the New York Cities of Asia"?

this is the insidious part...He uses the alarmist diatribe of another paper to use as a hammer to bash...this is like the Boston Globe using the New York Times as a factual source to support their agenda...echo chamber of spew

[gidget7]

Oh really, well guess who was the biggest assistance, in fact worked as liaison, for a huge Boston company, (who's only role is outsourcing) to outsource millions of jobs to India and China!

MA's own JFKerry

[frannie]

He may not know what he is talking about, but I have been reading about the Hi tech people who have been laid off and their job was out sourced.

Mu daughter in law teaches computer science in college and they are not getting BIG job offers when they are graduated any more.

Frannie

[sinkspur]

Kids out of college should not be getting "big" job offers.

[oceanview]

you can't convince many of the people here - even when you post first hand information, they still do not believe it, and they just attack you and call you a liar.

any american parent sending their college age kids to school for computers or engineering should have their head examined. they are asking their kids to take up a degree for which the curriculum is difficult, to enter a job market where their wages will compete with India and China. that's why american parents are piling their kids into law school.

[NoControllingLegalAuthority]

Roberts is a PhD economist and he indeed knows what he is talking about.

You can reduce the cost of all goods sold in the U.S. by outsourcing all the jobs required to make those goods to third-world countries. The problem is unemployed Americans cannot buy at the reduced prices. Consumers must be wage-earners first.

[lainde]

bttt

[nopardons]

And you two won't be convinced by people who KNOW that both of you are dead wrong.

I happen to know a few IT headhunters very well.They have been swamped,for the past year+ with so many jobs,that they are in a perpetual haze from overwork! There are and have been plenty of well paying jobs in the IT field for AMERICANS!

frannie,the BUBBLE bust years ago and still wet behind the ears,right out of college kids in ALL fields,don't get the big bucks! But there ARE lots of jobs out there....they just don't need "warm bodies" as they once did,before the IT BUBBLE burst.

[Gabz]

And I would venture to say a lot of them are in the collections departments of certain credit card companies.

be 1 hour late with a payment to Providian and the phone will start ringing - caller ID will say the call is coming from California or Texas.......but the call, in fact, is coming from India. Liar is one of the nicer things you get called when you attempt to explain when the check was mailed.

[oceanview]

tell your headhunter friends to look elsewhere - the game is up. the field is entirely broken now, many people who have been (and continue to be) blown out of the field have moved onto other careers out of necessity and/or desire. they have thrown in the towel and aren't coming back. they are math teachers now, real estate agents, have taken government jobs or government-supported ones (defense and homeland security jobs), etc. and at the entry level, college enrollment (and hence graduation) in these fields is drying up - in fact, if it wasn't for foreign national enrollment, americans engineering programs would be drying up. Typically, engineering is a field a person enters because their parent(s) were engineers and would guide them into it. But after seeing what has happened to US tech, those same parents are piling their own kids into law schools now. Talk to some of them like I do every day, ask them if they would send their kids to school for it now.

and this current wave of M&A activity sweeping across telecom and tech - will result in layoffs of 10s of thousands of more white collar technology workers.

[nopardons]

You're delusional,biased,and refuse to look at fact unemotionally.Par for the course of these kinds of threads on FR.

So it shouldn't matter one whit to you,that HB1 people take the IT jobs and/or there is outsourcing.In other words,you should stop complaining about all of it.You can't have it both ways! :-)

[Mind-numbed Robot]

Who is buying all that stuff that keeps the GDP increasing and the economy booming? Maybe it is the illegals and guest workers.

[oceanview]

some data points on this topic here:

http://releases.usnewswire.com/GetRelease.asp?id=43212

[oceanview]

actually, that is partially true. we have strong population growth in the US, and strong debt growth, both of which contribute to economic growth (in certain sectors).