Replies

You have failed to answer the prognostication. And further your point, is more applicable if you turned it around. The American IT companies...and all others are going to outsource everything. I.e., in your words "closing up shop altogether." They are in fact still doing that...just via outsourcing. They will then no longer BE 'American' companies. They will be the American-branch sales offices for the foreign enterprise they will in fact have become. American citizens will be the ultimate losers...and will be vastly poorer. AND EXTREMELY MAD. Get real. And you will be unemployed and no longer on Free Republic or any other internet site because you won't be able to afford it.

I see the situation a bit differently.

In general, I am saying that if US companies did not have the legal right to outsource, and other IT companies in other countries could, then US companies would be at a competitive disadvantage because our products would be more expensive and wouldn't have access to a vital IT labor pool to tap into when needed.

Am I happy about losing jobs overseas? No I am not.

Cost cutting won't end, and neither will outsourcing.

Don't worry, Oracle, HP, Seibel, Convergys, DST Systems, Microsoft, Intel, etc. will not be headquartered offshore. If you have an example of a major IT company that has, I'd love to hear about it.

if US companies did not have the legal right to outsource, and other IT companies in other countries could, then US companies would be at a competitive disadvantage because our products would be more expensive and wouldn't have access to a vital IT labor pool to tap into when needed....Don't worry, Oracle, HP, Seibel, Convergys, DST Systems, Microsoft, Intel, etc. will not be headquartered offshore. If you have an example of a major IT company that has, I'd love to hear about it.

First, you should be aware that coporate HQ's don't produce anything. They don't generate any revenues. They just consume. And with China siphoning off most of the Returns on Investment, via 'partnership' requirements... location of the HQ will not yield revenue flows commensurate with that status as formerly.

Second, HQ's are in fact transportable. Many of these Fortune 500 companies are set up as being...'incorporated' non-U.S. entities (HQ's in Barbados, or some other caribbean tax-havens)...even certain critical defense companies.

Third, and most crucially, bearing on the NEP-Scam we are witnessing play out for the second time in a century (some HQ-honchos NEVER learn): When the foreign entities that will in fact control the companies foreign assets NATIONALIZE their assets...the HQ's will go down the drain too...taking their shareholders with them. And you can't say it's a low probability. You have still failed to address the prognostication.

This is not just wrong-headed...it's a sophomoric sophistry. And from this reply with your lipservice about not liking losing U.S. jobs aside (a mere political inconvenience, eh?) I can tell you that you are not concerned about America...only Corporate Headquarters.

Wrong. I believe in free markets, open competition, less government regulation, and a firm believer in Laissez-faire economics.

You seem to have the notion that you are ENTITLED to not have to compete with foreigners for your job. Is this true?