TRUMP: "Outsourcing Creates Jobs in the Long Run"

The Trump Blog ^ | August 29, 2005 | Donald J. Trump

[Steelfish]

The Trump Blog Ideas & opinions from Donald Trump and the TrumpU faculty The Real Estate Investor Training Program

Outsourcing Creates Jobs in the Long Run

by Donald J. Trump Chairman, Trump University

We hear terrible things about outsourcing jobs--how sending work outside of our companies is contributing to the demise of American businesses. But in this instance I have to take the unpopular stance that it is not always a terrible thing.

I understand that outsourcing means that employees lose jobs. Because work is often outsourced to other countries, it means Americans lose jobs. In other cases, nonunion employees get the work. Losing jobs is never a good thing, but we have to look at the bigger picture.

Last year, Nobel Prize-winning economist Dr. Lawrence R. Klein, the founder of Wharton Econometric Forecasting Associates, co-authored a study that showed how global outsourcing actually creates more jobs and increases wages, at least for IT workers. The study found that outsourcing helped companies be more competitive and more productive. That means they make more money, which means they funnel more into the economy, thereby, creating more jobs.

I know that doesn't make it any easier for people whose jobs have been outsourced overseas, but if a company's only means of survival is by farming jobs outside its walls, then sometimes it's a necessary step. The other option might be to close its doors for good.

[Read Write Repeat]

Funny, I outsourced tasks to other American companies employing Americans using a competitive bidding process.

[BobL]

“TRUMP: “Outsourcing Creates Jobs in the Long Run””

Is the Pope Catholic? One has to be a TOTAL IDIOT not to know that outsourcing creates jobs.

[ConservingFreedom]

H-1B ping. Let me know if you're not on the list and want to be added (or are and want to be removed).

[ConservingFreedom]

outsourcing creates jobs.

For who?

[Aliska]

I had a Touch and Sew, bought new in the 60's. I loaned it to a lady and evidently she thought I gave it to her, then she died, I didn't want to pressure anybody to get it back, kind of regret it.

I would LOVE to pick up a Touch and Sew with the basic accessories like a zipper foot.

That machine was heavy, I never bought a cabinet for it, very portable, I loved that machine. Then I bought a cheap Necchi which did better automatic button holes which took a little skill, also stretch stitch for knit material. I used them both.

It had cams as I recall which I never used. I didn't like the buttonhole one as it made ones rounded at the ends, not bar tacked like are done commercially.

The last project on the T &S I was making 8 pairs of pretty scalloped-edge lace curtains for my sunroom. With the Necchi, the lace kept crawling and impossible to get neat hems and casings for the rods. I know there are tricks, but i switched to my heavier and different-feed T&S and got them done.

Please let me know; they were hard to find on ebay. I really would want at least the zipper foot for it, I think mine went with the loan. Thank you for suggesting that! I was wishing I could replace my old one (it never wore out, just got a little banged up, no biggie).

[WildHighlander57]

“...They were saying they have to sign a non-disclosure to get their severance, can’t talk publicly about it. “

They should have signed up here and talked about it.

[ConservingFreedom]

Cruz wants (at last count, in 2013

Here's what Cruz wants today. From https://www.tedcruz.org/cruz-immigration-plan/:

Amend the H-1B visa program to fulfill its original purpose: Work with Congress to pass reform legislation for the H-1B visa program that will:

• Create an advanced degree requirement: Only individuals with advanced degrees in their respective fields may be brought to the United States with an H-1B visa. And preference will be given to those with advanced degrees from American universities.
• Create a "layoff cool-off" period for all H-1B visa applications: Companies must wait one or two years between laying off a worker and bringing in any H-1B foreign workers to ensure that the program is not used to displace American workers.
• Establish accreditation or recognition requirements for overseas schools: The recent lack of federal oversight of the H-1B visa program has fueled a cottage industry of diploma mills. Foreign academic institutions must meet minimum accreditation standards at least as stringent as those imposed on American universities in order to qualify for the advanced-degree requirement.
• Require sworn affidavits describing domestic hiring efforts: Companies will provide sworn statements and documentation that detail their efforts to hire Americans before requesting foreign workers through the H-1B visa program. Individuals who make false statements in these affidavits will be subject to perjury charges.
• Suspend companies from H-1B visa eligibility for failure to help foreign workers obtain green cards: Many companies misuse the H-1B visa program to train foreign workers that they intend to send back overseas to compete with America. The law must impose additional requirements on employers to pursue Legal Permanent Resident status on behalf of their H-1B visa-based foreign workers, or risk loss of access to the program.

"Ted Cruz, Jeff Sessions Roll Out Antidote To Broken H-1B Program: American Jobs First Act" - http://www.freerepublic.com/focus/news/3371276/posts

"Ted Cruz Explains why His Position on H-1B Visas Has Changed" - http://www.freerepublic.com/focus/news/3376485/posts

[saywhatagain]

Interesting. In your contracts used for outsourcing . . . do you have a clause that specifically prohibits the contractor from using services outside USA?

First have to ask are we talking apples to apples, in this case IT to IT and not some other form of service. If comparatively speaking, might be an interesting clause to consider and for us to add to subsequent contracts.

[BlackAdderess]

Go to a local thrift store, they come up periodically and generally are very inexpensive :)

[BlackAdderess]

I’ll keep my eyes open here :)

[Steelfish]

You mean we lose manufacturing jobs and gain Walmart jobs.

[ConservingFreedom]

They key is to use the offshore resources only to handle the "flow" until such time that it is clear it is becoming an ongoing operational expense, then switch to domestic FTEs. The majority of your organization should be FTEs.

It very often is not done that way.

[grey_whiskers]

Is the Pope Catholic? One has to be a TOTAL IDIOT not to know that outsourcing creates jobs.

The whole POINT of outsourcing, is to make jobs...in Third World countries.

(Vanity) Another Look at Outsourcing

(Vanity) A Falling Tide Grounds All Boats

Outsourcing was done for two reasons:

1) The powers that be saw that abortion had lopped off the new generation of Americans, but the Third World had plenty of soon-to-be consumers. The only problem is -- how to get money to the Third World so they could afford to buy our products?

George W Bush said in one of his speeches, that China had to create 25 million new jobs a year to keep up with population growth: a nuclear-armed country with a large group of unemployed military age males is a global threat.

I believe it was Jim Jubak (MSN Money) who once noted that the electricity cost to produce an item in China was five times that in the US.

Third World countries aren't trying for efficiency, but to hire as many people as they can get away with: the economist's shorthand for this is, "You're trying to excavate a road? You don't need a bulldozer. Here's your spoon!"

2) The great American oligarchy bankrupted both the government and the middle class: "put a vacuum hose into their pocket and suck until all you get is lint." They needed new patsies.

The Bush administration went along with it in order to try to buy geopolitical influence, because the Bushes were such effeminate sucks who never really liked America, nor its middle class, preferring a globalist order.

[BlackAdderess]

Bookmark (touch and sew machine)

[smokingfrog]

He doesn’t believe that anymore.

/S

[Georgia Girl 2]

Well as of today Teddy wants to build a wall too. And deport the illegals. So many new ideas since Trump got in. LOL!

[fooman]

good explanation.

[JBW1949]

I know what you’re saying there, but that’s only a part of the whole...
I know I look at some things differently...That happens as time goes by and the country (and world) changes...
In reality, nothing actually remains the same....

[gogeo]

Hang around and see!