Just kidding.
Posted on 10/16/2005 11:01:20 PM PDT by jb6
US has introduced a unique programme that promises a double bonanza for Indians vying for the BPO industry.
Called the SeaCode programme which will be launched in early 2006, it will deal with low cost distant shore outsourcing.
A cruise ship anchored off the California coast will house around 600 IT professionals who will execute global outsourcing projects, working in 12-hour shifts via the internet and microwave communication.
The best part is that those working in the programme will not need an H1B visa, as they will not be operating from land.
At the same time it promises to provide physical and virtual security, including the protection of US Intellectual Property laws.
The wages provided will be much better than what they could earn in India.
This could be a boon to India’s IT professionals, as these figures reveal: In 2004-05, the Indian offshore IT and business-process outsourcing industry will generate approximately $17.3 billion in revenues and employ an estimated 6,95,000 people.
So far, the SeaCode programme has received 1,000 enquiries of which 40 per cent are from India.
The ship would cost between $US10 million and $US30 million (Rs 43 crore to Rs 129 crore )
I've got a lot of Indian friends working here on H1B visas, but something funny about the name "Mk. 48" comes to mind.
Wasn't this posted months ago? http://www.freerepublic.com/focus/f-news/1393225/posts
Isn't this just ducky? Here go more American jobs. You'll never convince me these guys are doing jobs Americans can't and won't do.
It's not about the ability to do those jobs, it's about the PRICE.
US companies want programmers as cheap labor. There are plenty of US-born programmers who can do the work, just not for the fraction they're paying Indian programmers.
Maybe someone should open a cruise ship where they sell marijuana and have hookers and viagra. They would make a fortune! These things are legal in Holland, so if the boat were registered in Holland could they legally stop it?
Weekend cruises for lonely guys? What's next?
Just kidding.
Then he goes on about the great benefits of free trade and that all salaries will equal out. And he's right, they eventually will. The problem is, has anyone sat down to figure out what that will mean? I'd say no.
So I did a quick comparison between China with 1.3 billion people and a per capita income of (in neutral dollars) of $5,600 and America with 295 million and a per capita income of $40,100 (see CIA World Fact Book).
The outcome?
China: income increases 2.3 times
USA: income DECREASES 70%
The equalled out income would be roughly $11,000.
Granted this is simplistic but considering most Europeans have lower incomes then we do and then toss in the rest of Asia, India, Pacific (granted Japan, S.Korea, Taiwan, Australia and New Zealand will pull it up a small but, but not much against another billion in India) and S. & Central America and I'm sure the average will be lower then even $11,000.
Where does that leave the raped American worker? Oh but who cares, the elites will have their utopia no matter the cost to us.
No wonder Carl Marx made a speech PRO Free Trade as hastening world revolution. Our elites are either communists at heart or blind with greed.
Bump
The idiotic CEO's are completely blind with greed. The problem with this metric is that America and the US middle class is the largest consumer of goods and services. When the middle class is gone, who is going to buy the computers, clothes, cars, etc.
As to professors, those who can do, those who can't teach. Their jobs can go to India where you can graduate from the vaunted IIT with a 65% average.
Wasn't this same story posted about a year ago?
I'm just not buying it. Sounds like a really, really expensive way to operate, regardless of the salaries involved. There's no reason such a workforce would need to be physically close to the U.S. They could just as easily be ashore anywhere in the world.
I think somebody is pulling somebody's leg.
That's outside the 2 quarter planning horizon.
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