Posted on 10/03/2004 4:22:37 PM PDT by Willie Green
This is just the tip of the iceberg. Much more will be outsourced to India, and India will in due time become a key player with the US in keeping the planet stable. It is an excellent investment. How much has the unemployment rate in the US skyrocketed up again in the last couple of years given the hydra head evils of outsourcing?
That's horrible!
the unemployment rate is meaningless - sure, people are working, they are moving from $70K/yr tech jobs to working at Lowes.
Not necessary. For one thing, countries dependent on US business behave themselves. This helps to keep them nuclearly sane.
Just out of curiosity, Willie, what do you do for a living?
People who think it is would have believed the world was flat 400 years ago.
that's a lot. 210 billion is almost 2% of GDP.
sure, like China - stealing US nuclear secrets and helping North Korea get nukes - and using NK as a nuclear proxy to check US power. They are really behaving themselves alright.
Its GDP growth we would have gotten in the US (we are bumping along at 3%) - but instead China and India are getting.
I dont like outsourcing, but you do have a point.
a strong India will be an excellent counterweight to a growing and aggressive China.
Make it a round $500 billion. Sounds better.
Please produce the evidence of the prole drift of the lower middle class in the US. That's your point isn't it, to wit, folks have moved from designing websites or something to flipping hamburgers? BS.
what am I supposed to do, start my own bureau of labor statistics?
I know some of these people, many actually. And I am not talking about web coders who learned HTML at night school after working at Starbucks. I am talking about real engineers - whose careers and skill sets have been tossed into the dumpsters.
Making broad statements of the facts on the ground based on personal anecdotal evidence simply won't cut it. But then I suspect you aleady know that.
$200 billion outsourced could be 1-2 million jobs per year depending on what they are outsourcing. High tech...2 million, call center 1 million. Not to mention the lost tax revenue, lost loans, lost purchasing power on and on.
The 210 is not from the U.S. alone by a long shot. The EU has been outsourcing a lot to not only India, but to Eastern European countries as well. In fact, most of the world, that has anything to outsource that will increase their profitability, does so.
Is it at all possible that any jobs in the US are created by outsourcing? Say jobs created by lower costs of the product, or folks moving to more value added endeavors, or jobs created by outsourcing due to folks with bucks from outsourcing directly or directly increasing the demand for American goods? Is that at all possible, given that there is no real evidence I know of that outsourcing is hurting the macro American economy?
One of the greatest factors in the fall of the Roman Empire was that the Roman citizens did not want to fight or go to war anymore.
SO- they outsourced the defense. Read your history. Attila the HUN was Roman trained.
John Kerry wants to do this with our military. He wants to include French and German troops in any venture. Another way of looking at is he wants outsource our National Defense.
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