To: Willie Green
"I don't think it (a ban on outsourcing) is going to happen. We want to keep our doors open. (And allow all jobs to leave the usa) I believe any effort to restrict market access will adversely impact the U.S. economy. The policy of protectionism will not take us anywhere. (yes but it will prevent you from taking jobs to India)
When no one is left in the USA to pay taxes and all factories are in China and Internet has all customer service, billing and office work done in India people will suddenly wake up. Henery Ford had it right you need a well paid middle class to have money to by his cars. When no one is left except Lawyers, Dentist, Doctors, and Government Workers people will find there is no money left to hire them either. For an economy to work people need to have income and a source of wealth.
7 posted on
06/04/2003 11:04:49 AM PDT by
pwatson
To: pwatson
As a reply to my reply, I just talked to my friend a buyer at my former employer Alcatel. He said by the end of the year he will be out of a job because they will have outsourced 100% of all manufacturing and purchasing, much of it back to the Frogs in France. The Richardson Telecom here in Richardson Texas has now lost something like 200,000 engineering, management and manufacturing jobs permanently in 2 years. Every block has 3 houses for sale on it and 2 that were for sell and now say for rent. But with no one moving into the area from corporate relocations or new jobs they then have foreclosure signs up front. I know much of this is the popping of the Internet bubble, but mostly shadows are left of:
ADC Telecommunications
Alcatel Telecom U.S.
CYRIX Corp
DSC Communications
EDS
Ericsson
Fujitsu Communications Inc.
Hewlett-Packard-Convex
Honeywell-Micro Switch
Intervoice, Inc.
MCI Network Services
NORTEL
Raytheon E-Systems
Rockwell International Corp.
Samsung
Siemens
Southwestern Bell Telephone
Texas Instruments
10 posted on
06/04/2003 11:25:37 AM PDT by
pwatson
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson