Posted on 03/04/2006 2:25:11 PM PST by 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."
(Excerpt) Read more at edition.cnn.com ...
Of course. I have done both, and I am well aware of the difference. But as an engineering professor, I am also well aware of trends in enrollment and in hiring.
What you see are companies hiring new engineers right out of school because although, they will initially be an apprentice, their salaries are much lower than the senior engineers who have 10 years of experience or more.
The conventional wisdom has always been that companies lose money on the young engineers. You seem to be saying that a new hire can replace an experienced engineer. I doubt that.
Take a look at how many engineers there are over fifty. Their numbers are low because their salaries are high and companies look for younger engineers, outsourced engineers or insourced engineers to replace them to save money.
Can you provide me some reliable numbers to support your assertion?
"But Americans never backed down from competition, and they won't back down now. And we know that messing with the invisible hand always leads to disastrous results."
SOUNDS LIKE A FOOTBALL PRE-GAME PEP TALK
What's to prove? Competition is competition.
Oh I agree. But that is not the fault of outsourcing per se. If we are smart we will stop taxing ourselves out of the markets we are trying to compete in.
Last Chance. If you continue to annoy everyone on the board with your current freak show, someone is going to ZOT you. I suggest you Freep Mail me and we will continue this man to man. What are your AFRAID of?
Just wait until they outsource our own government to the UN...
At least when that happens, Bush's comments will ring more clearly...
Gold and Gun Powder...can't have enough of either...keep your o-rings lubed...
Of course I have heard of reverse engineering that is why we have have kept our design in house.
We are constantly improving upon it and adding more patents to it. Yes it will be copied regardless of where it is manufactured but if you still have your design team then you can stay ahead of the game.
How so?
Can you
Nonsense. I have asked you nicely to take this out to Freeper Mail. You seem bound and determine to get earn a ZOT.
This is in response to your post #25. I have read your preceding posts and have found you are long on bashing and calling people ignorant...demanding the production of facts....yet supplying none of your own.
The only fact apparent from your posting is you have none of your own.
Take a hint from Chief Justice Roberts...gather all the facts, listen to all of the arguments, then formulate an opinion. Once that is done...make your argument in support of your opinion while reciting your facts.
Also goods are no longer duty free from China I believe because of the agreement for them to join the WTO we now have to pay duty on all Chinese goods coming into Britain.
I prefer not to identify the company or its product.
My point—or rather points—should have been obvious, but I will spell them out for you:
1. The old ways of doing things will not suffice. The grimy, polluting, unionized industrial behemoths of the past are disappearing.
2. Automation has been replacing labor in manufacturing for many years. The hand-wringing about outsourcing is not always warranted. Many manufacturing jobs aren't being exported; they are being eliminated entirely by machines.
3. The plant relied on imported equipment, and would be harmed by restrictions on foreign imports.
4. Quality is what counts. American manufacturers can and do compete with low-wage competitors by being obsessive about quality.
Free trade helps when you export as well as import.
Because of free trade agreements such as NAFTA, I can now send goods to Mexico which will be duty free.
It works both ways.
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