[White House] Report: Exporting Jobs Overseas Will Help U.S

LA Times ^ | Feb 9, 2004 | Warren Vieth and Edwin Chen

[TomGuy]

George could be in trouble...

George knows he's in trouble. The House Pubbies hit him with complaints against his amnesty proposal and spending. Why else is he on the tv news 'circuit' so early? John Gibson on FoxNews was reporting this afternoon that the WH is having 'concerns' about the election. Amnesty is losing him votes. The fiasco Pill bill is losing him votes. Remember, he is President due to the slim margin of some 645 votes in Florida. 2004 election is shaping up to be very close.

[ETERNAL WARMING]

It's bi-partisan on both sides

LOL THat was clear as mud. What I mean by that is that workers of both parties are smarter than they think we are. Politicians on both sides are schmoozing because they're both owned by business interests.

[oceanview]

there have been plenty of ideas posted here; unfavorable tax treatment of US profits for companies that offshore as an example.

I would say this: Bush could win the election running away tomorrow, if he would just use the bully pulpit to criticize companies doing this. Pick one company, IBM, and have Bush say that the federal government will review and cancel all contracts with IBM because of their use of foreign labor. Make an example of the "top dog", and let's see what the other US companies do when they see the leader being taken down.

[Euro-American Scum]

John Dvorak says this will all end after the India job market dries up, and wages start going up.

Does Dvorak know there are what? 600 million Indians? And they are cranking out upwards of a million new college graduates each year, both domestically and from American universities. What may stem the tide is the ever-shrinking U.S. dollar on international currency markets. All of a sudden, the dirt cheap Indian labor may not be so dirt cheap anymore.

[oceanview]

of course, Americans parents see what is going on, they are piling their kids into law schools.

[oceanview]

exactly right. India and China essentially have an infinite supply of labor by US standards.

[ETERNAL WARMING]

of course, Americans parents see what is going on, they are piling their kids into law schools.

I read an article..I think Wall Street Journal...that stated Law is the next field to feel the plunge. They're already outsourcing 10% of the legal work.

[oceanview]

I like your thinking.

[Euro-American Scum]

Well, we could always wait for an Indian/Pakastani war, which would put a big chill on the job market.

If that ever proved likely, I'm convinced the US would blow Pakistan off the map until some veiled terrorist threat rather than upset the Indian gravy train.

[oceanview]

watch for licensing laws for lawyers preventing this.

[Jorge]

Pick one company, IBM, and have Bush say that the federal government will review and cancel all contracts with IBM because of their use of foreign labor. Make an example of the "top dog", and let's see what the other US companies do when they see the leader being taken down.

Right. Let them replace contracts with lower quality more expensive competition to IBM and raise all our taxes to cover the extra costs.

I don't think so. No one can blame a company for outsourcing as a means of remaining competitive in the world market. Unless of course you would prefer they go out of business altogether.

[Last Dakotan]

But it argues that technological progress and rising productivity — the ability to produce more goods with fewer workers — have played a bigger role than trade.

I'm still waiting for the numbers that prove this. You can't explode the trade deficit, lay off millions of Americans, and then proudly blame it on productivity increases.

[Euro-American Scum]

So, the US wants to destroy its own economy?

Blowing up Pakistan wouldn't do a thing to hurt the US economy. Pakistan blowing up India would. We're not offshoring every tech job in sight to Pakistan.

[oceanview]

more expensive? I challenge you to show where IBM has lowered their service costs given that they now use offshore labor? trust me, they have not, I have first hand experience with this.

see any cost reductions in XRAYs or MRIs because they are being read in India? US corporations are simply using offshore labor to add to profits (and executive compensation).

[F16Fighter]

If these outsourced jobs being considered for export originate from Federal or State or local government jobs that "give info," then count me in as an ADVOCATE...

Talk about dead wood.

[oceanview]

government is one of the areas experiencing job growth.