ping!
Just another reason that Kerry is wrong for America.
Kerry has seem to forgotten how much Heintz out sources. Big Surprise There!
Last week I heard Rush Limbaugh said that according to his studies, number of in-sourcing job out numbers the out-sourcing one. I even wrote to Rush asking him to give the data to the President. Sick of Kerry's fals accusations.
Infosys to hire 4,500 more techies: (In India)
Tell it to the people I actually know who were fired so their jobs could be shipped to India.
This deserves an outsourcing bump! Great post, xsysmgr.
Bruce Bartlett is an idiot.
Maybe NRO should follow Reuters and start locating it's analysts offshore.
Sadly, the libs have framed the issue already and the President cannot afford to say tonight that outsourcing is not a problem.
There has been a significant loss of high tech jobs due to outsourcing, specifically programming and technical support positions.
The article argues that dollars invested in India eventually return here, I think it's a very weak argument.
A programmer that made $85k before outsourcing really took off is apt to make $65k now -- if they can find a job. The fact that many can't find jobs for months at a time while laid off is a total drain on the economy. To spin this as cost savings which return to the US is ludicrous.
Both parties are wrong on this issue, but the Republicans are especially wrong by acting as if it's not a problem at all. Denial of the problem is hurting Republicans.
What's even worse is that there has been in increase in insourcing of manufacturing jobs, but the people in States like Ohio obviously are still peeved about the outsourcing of manufacturing jobs over the past decades.
So, while the real controversy here is service related outsourcing, the blue collars are taking this issue to heart and siding against Bush.
In a race that may come down to as little as 1/2 of a percentage point, every high tech vote is needed. It seems the Republicans don't think they need them. We'll see on election day.
At some point, one has to wonder if it is a uniformly good thing that most clothing is imported. Or that much of our manufactured merchandise is made in China (a likely military rival).
I'm not really taking a strong stand either way -- I'm just suggesting that Mr. Bartlett's take on outsourcing is incomplete, and therefore possibly misleading.
Message:
To All American Voters,
I am a senior citizen. During the Clinton Administration I had an extremely good and well paying job. I took numerous vacations and had several vacation homes. Since President Bush took office, I have watched my entire life change for the worse.
I lost my job.
I lost my two sons in that terrible Iraqi War.
I lost my homes.
I lost my health insurance.
As a matter of fact I lost virtually everything and became homeless. Adding insult to injury, when the authorities found me living like an animal, instead of helping me, they arrested me. I will do anything that Senator Kerry wants to insure that a Democrat is back in the White House come next year. Bush has to go.
I just thought you would like to know how one senior citizen views the Bush Administration.
Thank you for taking time to read my letter.
Sincerely,
Saddam Hussein
Tell it to the former employees of C&K Components who don't yet know their plants are closing as the company moves to China.
"Thus, on balance, the U.S. economy gains $1.12 to $1.14 for every $1 invested in outsourcing."
THE BOTTOM LINE.
None of the rest really matters. This type of trade benefits everybody, no matter what the gloomanddoomsayers have said, and have been saying for at least thirty years now.
They were probably saying the same thing when Columbus sailed, too.
First off, many laid-off engineers and other technical people have *not* been able to replace their income. Some see that as an opportunity for sneering - go ahead. But financially, when families have one or two laid-off workers who get new jobs at substantially *less* income, the effect ripples throughout the economy.
How? People forclose on their mortgages. Women who weren't working go back to work (count in social costs of latchkey children; unsupervised teenagers getting into trouble, etc.) Family income and thus spending drop, or consumer debt goes up (adding to foreclosures & bankruptcies.) Medical insurance is lost - resulting in more debt, and long-term consequences to health for the whole family (i.e. greater costs down the road.)
Then consider other consequences. Enrollment in engineering & computer science programs has dropped over the past 2 years by half in many major engineering programs. Less US engineering students means several things: more foreign engineering students (i.e. more security risks.) Less enrollment in these programs means eventually some will be closed.
Less technically educated people means that our society will *lack* a critical mass of math/science literate people. IMO this is a critical *national defense* issue. You simply cannot ramp up "production" of math/science literate people the way you do a cheap Chinese manufacturing company.
So those who poo-poo outsourcing consequences can fiddle while Rome burns - for awhile, at least, until the barbarians show up at the gate with other ideas.