Bush: Outsourcing painful, but remedy is worse

CNN.com ^ | Friday, March 3, 2006 Posted: 1640 GMT (0040 HKT)

[Gengis Khan]

NEW DELHI, India (CNN) -- Praising India's expanding economy, President Bush warned Friday that fears about job outsourcing to other nations should not prompt the United States to limit global trade. "It's ... important to remember that when someone loses a job it's an incredibly difficult period for the worker and their families," Bush said in a speech in New Delhi. "It's true that some Americans have lost jobs when their companies move their operations overseas," he said. "Some people believe the answer to this problem is to wall off our economy from the world through protectionist policies. I strongly disagree."

[indcons]

Watching too much Lou Dobbs, aren't you?

[indcons]

ScreamingFist: MNJohnnie is no troll. He is the pingmeister of the daily Rush Limbaugh thread.

[svcw]

Ooop sorry what I meant to say was that his job has been outsourced from Holland to the USA.
The Dutch are outsourcing their jobs to the USA because its cheaper for them to employ people in the US than in Holland.

[ScreamingFist]

Bring it here if you want to throw down....this is where you posted your bologna....

[snugs]

One can never stand still you either move forward or back, to stay with what you know will ultimately mean you will go backwards.

We live in a global economy and we have to react to that. May not like it but that is the reality.

[ScreamingFist]

He is the pingmeister of the daily Rush Limbaugh thread.

So? I haven't seen him defend a position yet. He/she spams and scrams.....just like this thread.

[Logophile]

Many companies require around 10 years of experience in a field to achieve top performance. As an engineer continues beyond that they generally get salary increases. As time goes on management note that they could get the same performance on a particular project from and engineer getting paid at the 10 year rate as the engineer with the 20 year rate. Economic decision making is then in affect and when the time is right the older engineer is replaced. That's the business of engineering.

Let's say for the sake of argument that you are right. For the older engineer who wishes to avoid unemployment, the solution seems obvious: either provide a service that others cannot or accept a lower rate of pay.

[the invisib1e hand]

took a ride through the industrial section - well, what's left of it -- in brooklyn today (OK, the subway was down, and I was on a shuttle bus).

Saw all of the former factories -- that once employed people -- that are now warehouses for imported stuff, or "loft" apartments, or abandoned, or turned into offices for the goofy sorts of service businesses that people try to make a go of, film editing, printing, odds-and-ends stuff (God only knows what sorts of vices).

The moral of the story is that Unionized America cannot compete with Slave-labor China (and its slave-labor nations).

[takenoprisoner]

Perhaps it's time to outsource the President's job...

[Wiseghy]

I honestly don't see how politicos could possibly stop outsourcing without seriously damaging US competitiveness, and creating yet another expensive bloated, do nothing bureaucracy to police it all.

[Logophile]

I honestly don't see how politicos could possibly stop outsourcing without seriously damaging US competitiveness, and creating yet another expensive bloated, do nothing bureaucracy to police it all.

You are exactly right.

[varon]

Bush: Outsourcing painful, but remedy is worse

Yeah, yeah, yeah, I feel your pain. What is the remedy you dread so much, Mr. President...........30 million more Mexicans???

[twidle]

"You are an Economic Ignorant"

There is a happy medium between "isolationist" and "giving away the store" (Destroying the middle class, who are probably doing the fighting for us in Iraq when those countries are not doing their share against Terrrism.)

[WestVirginiaRebel]

Well, there's the main problem-unions and the cost of having to deal with them.

Aside from that, technology and automation have changed manufacturing forever. We can't go back to the days when we needed thousands of workers in a factory. We also can't be 1930's-era isolationists. If we don't give something in return, we can't expect to compete in newly opened foreign markets. Example: Hyundai and Nissan both have factories operating in the U.S. and providing jobs. Do we tell them to take a hike?

[A. Pole]

As time goes on management note that they could get the same performance on a particular project from and engineer getting paid at the 10 year rate as the engineer with the 20 year rate. Economic decision making is then in affect and when the time is right the older engineer is replaced. That's the business of engineering.

It means that only fools will go into engineering.