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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.


21 posted on 10/13/2004 10:09:49 AM PDT by 1stFreedom
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To: 1stFreedom
Both parties are wrong on this issue, but the Republicans are especially wrong by acting as if it's not a problem at all.

I agree. Also Nobel Prize winning economist Paul Sameulson is referenced in this the Boston Globe article:

"Free trade is not always a win-win situation," Samuelson concludes. It is particularly a problem, he says, in a world where large countries with far lower wages, such as India and China, are increasingly able to make almost any product or offer almost any service performed in the United States.

If we trade freely with them, then the powerful drag of their far lower wages will begin dragging down our average wages. Our economy may still grow, he calculates, but at a lower rate than it otherwise would have.

33 posted on 10/13/2004 10:46:17 AM PDT by lelio
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