Gentlemen:
We can decry the outsourcing of US jobs or take a real look at what is going on...try to understand...and anticipate trends and consequences to our advantage.
Outsourcing is a global phenomenom...trade barriers are coming down to varrying degress...some countries like China are still agressively protecting their home industries and invading other markets like ours (but also massively investing in our governments bonds)...but other countries like Brazil are aggresively countering such predatory measures...India is certainly a leader in outsourcing but they are running out of skilled professionals and countries like the Phillipines will benefit by supplying the shortfall ...other countries like Japan need to deal with aging populations and shrinking workforces (while foreign investment in Japanese markets skyrockets).
The bottom line is that gradual massive movements are taking place in reaarangements of supply lines (China from Saudi Arabia) labor forces (outsourcing) markets, and investment capital
Deal with it...national boundaries are becoming economically unviable.
Well put. And outsourcing isn't just an international phenomenon. It also occurs within a country borders. For example, a company based in NYC might outsource a project to a company in Montana, or Mississippi, or anywhere the cost of living is significantly lower.
Ummm, yeah. Which is why China and India are ferociously snarfing every job they can while protecting their own nation's industries.
It's called mercantilism. And the US has forgotten how to play.