Posted by tdadams:
"...Then why all the ranting and raving? The problem will soon correct itself and American companies will return those jobs to Americans as they see Indian call centers aren't quite the boon they expected..."
The ranting and raving is because in the meantime people are losing their jobs and selling their homes to move away and downgrade. It's a terrible yo-yo effect, and when it finally DOES correct itself, there will be the wreckage of damaged communities and shattered careers with which to contend.
As an optimist, I absolutely believe we will see many jobs return to the USA for a variety of reasons I've mentioned. My rhetorical question is: At what cost?
Regards,
~ Blue Jays ~
My rhetorical questions, back at you, are: What are the costs if we alter the market outcomes and don't allow maximum competition? How does the American consumer (in the aggregate) benefit from protectionist policies?
Answer mine and I will gladly answer yours...you may not like the cold ease and mater-of-factness at which I can rattle off the downside to trade. I do think outside the short-term box; call me crazy.