Well, for someone that does not have a clue about economics, information must look like a dream.
If they brought in someone with less experience or less education or from overseas who would be willing to do your job for a lot less money then aren't you,
That is where you error lies: NOBODY would be willing to do that. I gave enough even quantitative examples in the previous posts for you to see: the question is whether someone can produce the SAME output for less money. If someone else is willing to produce as much and CAN do so for less money, than MY services are indeed overpriced and I am NOT worth my keep. My duty is to ensure that this does not happen by remaining competitive.
You don't know how to compute economic costs and benefits, which leads you to an incorrect reasoning.
The answer to that is simple. Slash your salary by 10% or 20% or 30% or whatever the new prevailing wage is. Not hard at all. In the overwhelming majority of the cases that is all that is necessary.
Correct. That is what I previously said. What are you arguing against?
I've seen outsourcing up close.
Well, you know what happens when you look at the trees up close: you no longer see the forest.
Please go to your car, start the engine, and look at it really, really close. Now that you looked, do you understand the physics of combustion? Of course not. To SEE that, you've got to go elsewhere --- to the classroom and the laboratory.
I suggest that you do the same with economics: study it a little. Looking "up close" at the economy does not give you any more knowledge than looking "up close" at the working engine.
Isn't stereotyping fun?
Here too you do use the word the meaning of which you know not. Stereotyping is making conclusion about an individual on the basis of some representative of a class. Statistics, which I referred to earlier, are an altogether different animal.
Learn something about the subject matter and suspend judgment until then: you cannot learn management or economics by observing what your managers do.
Have a good day.
Then you are living in a dream world.