Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LowCountryJoe

the so-called productivity miracle is a direct result of offshoring - US corporations offshore jobs to lower wage countries, so of course their productivity numbers go way up, especially when they offshore low productivity work like customer service call centers, IT infrastructure maintenance, white collar back office accounting tasks, etc. and those wage savings go right to the bottom line also, profits are up for the same reason, as is executive compensation.


97 posted on 10/14/2004 12:33:57 PM PDT by oceanview
[ Post Reply | Private Reply | To 86 | View Replies ]


To: oceanview
No, no, no. Productivity measures output per U.S. worker.
99 posted on 10/14/2004 12:34:57 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 97 | View Replies ]

To: oceanview
the so-called productivity miracle is a direct result of offshoring - US corporations offshore jobs to lower wage countries, so of course their productivity numbers go way up, especially when they offshore low productivity work like customer service call centers, IT infrastructure maintenance, white collar back office accounting tasks, etc. and those wage savings go right to the bottom line also, profits are up for the same reason, as is executive compensation.

Thank you for making the case for a dynamic labor market and structural change of production. The allocation of labor resources are being reallocated to their most efficient uses. See, markets do work just as learning can occur (as you have properly demonstrated).

125 posted on 10/14/2004 1:14:27 PM PDT by LowCountryJoe (Go, Willie, go!)
[ Post Reply | Private Reply | To 97 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson