1 posted on
12/25/2002 5:40:15 AM PST by
sarcasm
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To: sarcasm
Some of the Engineering number-crunching of Pratt & Whitney is now being done in India. They already have the commercial engines made 75% in China and in Poland.
To: sarcasm
''Companies are doing it because they feel they can get better quality work for 50 percent of the cost. This is another way of making the US economy more efficient, more competitive, and more prosperous,'' he added. More prosperous for who? Who's left?
To: sarcasm
Left unchecked by the Republicans, this is an issue that could swing many voters over to the Democrat side in 2004. Many boomer age IT workers are being tasked to mentor the Indian outsourcing companies to smooth communications difficulties. The old are being phased out while the young entries into the field are being told they don't have a home. I would like to see a stat on the percent of airline travel increase from India to the USA. They are coming back and forth in swarms.
5 posted on
12/25/2002 5:59:57 AM PST by
doosee
To: sarcasm
Leading the way will be the information technology industry - the sector often credited with fueling the US economic boom of the 1990s - says the Cambridge firm's forecast. Back-office accounting and customer-calling work are already being shipped abroad. But in the future, professional positions in technology, law, art, architecture, life sciences, and business management will be, too, says Forrester. Back a couple of decades ago when all the manufacturing jobs started going away, we were told that these "service" jobs were the wave of the future, that the US would become a "service economy", and that these types of jobs were inherently difficult to export overseas, and thus were more secure. So much for that.
So are we all going to end up just flipping burgers for each other?
To: sarcasm
''Companies are doing it because they feel they can get better quality work for 50 percent of the cost. This is another way of making the US economy more efficient, more competitive, and more prosperous,'' he added. Who exactly will get prosperous?
7 posted on
12/25/2002 6:02:48 AM PST by
A. Pole
To: sarcasm
''There are definitely cost savings,'' said Suzy Punj, senior vice president of Strategic Research Institute in New York. ''You would have to pay someone $40,000 here to do call center or back office work. There, they would make about $4,000, which is a good salary [in India]. There, they receive the perks of car services to and from the house, an apartment, and free lunch. So people stick around.'' So they will get more than this $40,000 American was getting before he was laid-off. In total balance it is a gain.
8 posted on
12/25/2002 6:04:56 AM PST by
A. Pole
To: sarcasm
General Electric Co., Boeing Co., and Nortel Networks Ltd. are among the companies sending programming jobs to India, Ireland, Russia, and China, according to Gartner Inc. in Stamford, Conn As defense industry contractors, I do not see how they can claim to have integrity and outsource to our enemies.
The profit they gain today will be cut off in the not-too distant future, when China can strangle our defense industry and Armed Forces.
To: sarcasm
Sud said technology workers in remote sites have fewer interruptions or distractions, because the corporate office cannot introduce work unrelated to the project at hand.In other words, getting as far away from upper management as possible increases efficiency. I could have told you that!
But I can't see the control freaks at corporate tolerating a trend like that for very long.
25 posted on
12/25/2002 6:39:07 AM PST by
irv
To: sarcasm
What these corporate hotshots are forgetting here is that having your programming done overseas means that your source code - the readable and modifiable format of your company's proprietary software - is now on servers in dusty Bengali office parks, accessible to Allah knows who. Think about what can happen when al Qaeda has access to the software source of every American bank, hotel chain, chip fab, steel mill, chemical plant, power station, and biotech lab.
When the next 9/11 hits, we will lose so fast we will never know what happened.
To: sarcasm
One has to keep everything in perspective and proper balance.
The counter flow of the outgo of tech jobs is being balanced by the inflow, three to one, of Mexican and other third world people that will do the meaningless jobs that Americans will not do.
The proper perspective is that we must look at the double impact we are having on the third world poverty. It is a win win situation for everyone. They are getting hi tech jobs and we are getting lo tech workers.
Our government is doing its very best to make us all equal by eradicating the worthless middle class. One has to admire both parties for having this egalitarian approach to globalization, surely we as voters seem to share their idealism.
47 posted on
12/25/2002 8:11:13 AM PST by
cynicom
To: sarcasm
When you are out of work, your government is not collecting the income tax it needs to feed all its programs and bureaucrats. That is when the government, be it GW's or some new socialist commie pig from the Democrats decide that enough is enough, where is mine.
52 posted on
12/25/2002 8:35:17 AM PST by
SSN558
To: sarcasm
In Massachusetts and in other US tech centers, technology professionals who thought their jobs were secure are struggling to make sense of layoffs. Treat the folks who provide a place to go, something to do, and compensation for doing it as enemies, and they'll go where they are appreciated. The People's Republic of Taxachusetts keeps insisting at the ballot box that they want to be governed by rapacious looters. Sooner or later, companies get tired of sitting around waiting for the next gang rape.
To: sarcasm
These companies are so foolish - they are looking only at the quarterly bottom line. The upshot of this is a devastated US economy and the replacement of the US by India and China as the true economic powers in the world. These managers, Vice-Presidents, and CEOs are STUPID if they don't realize that once the Indians have run the show for a few years, they are going to wondering why are they even working for American management at all. They'll start their own company, with the engineers and people trained by the US taxpayer, and take all the business away from the American companies.
It's only a matter of time before management is shipped off to China as well. Those CEOs who are driving the BMW's now will be hard hit to compete against a Chinese CEO who demands half his salary.
And the end of the American enterprise will be at hand.
74 posted on
12/25/2002 9:30:42 AM PST by
fogarty
To: sarcasm
"
The goal for mValent is to create parallel teams of highly trained employees in the United States and India that will provide the technology infrastructure."Just wait until those nice Indian teams remove the mValent sign over their door and start marketing their own software and put mValent out of business. How will they feel about saving all that money then? This is what happened to the electronics business.
You won't find a lot of PCs made in the U.S. any more, but there sure a lot of foreign companies that market our technology back to us then take the profits offshore.
To: sarcasm
This is about more than what the next generation of Americans is going to do for a living. This is about whether America will go the way of Rome. Rome became dependent upon barbarian tribes for defense, dependent upon other countries (mainly Egypt) for grain. She was reduced to buying peace with a growing unemployed class using the coin of "bread and circuses." Meanwhile, her already corrupt senatorial aristocracy was crushed by an equally corrupt imperial power.
Is this analogy too strained? We already don't have shipbuilding, steel milling, or much other manufacturing. Think of how in World War II we converted huge shipbuilding, automotive, and aircraft industries to wartime production in response to Pearl Harbor. We've lost a lot of what we had then to overseas competition. Much of the rest of our manufacturing has also gone overseas even as the country has grown in population.
Well, that was OK, we said in the 90s. We're going to do more managing and more hi-tech stuff.
Now, as a matter of policy, we're "outsourcing" computer programming, an area in which we excelled until recently, an area absolutely crucial to our defense.
I guess we're going to do more retail, medical services, and fast food?
To: sarcasm
''Companies are doing it because they feel they can get better quality work for 50 percent of the cost. This is another way of making the US economy more efficient, more competitive, and more prosperous,'' he added.That's pretty much the same story we heard when they told us a "service economy" would be our future. They could at least change the wording of their lies.
Somehow, in the minds of too many, "the US economy" got confused with business interests. And "free trade" was/is a buzz word for cheap foreign labor markets.
So those of you Tech. workers (and others) who rallied for "free trade" thinking your work product was going overseas will discover, as many of us already knew would happen, now it's your job going there.
If the rate of speed it's happening is an indication, there's a market for your job...just not for you.
To: sarcasm
I've been saying this for years. Tech jobs, IT service jobs that were to save American workers, won't be there.
I've written to senators and house members about getting rid of H1B or finding a way to stem the tide of American jobs from going overseas and have not even been rewarded with a response.
My idea is to use the current tax structure with tax incentives that reward companies with lower taxes based on the percentage of employees that reside in the U.S.
For example, let's say for argument's sake that the top tax rate a company would pay is 40%. If 100% of that company's employees worked in the U.S., that company would pay zero (0% of 40%)taxes. If that company had 1% of its employees overseas it would pay 5% (5% of the original 40% owed) in taxes. Two percent would bump taxes due to 10%, and so on.
You get the idea. Twist the numbers anyway you'd like to get to the percentage you'd feel is best.
To: sarcasm
Notice the Indian names of the US corporate managers who are in charge of hiring in India? Is there any wonder why most of these people don't even make a attempt to become Americans? They are here for the jobs and the cash,period. They are the camels noses under the tent.
To: sarcasm
There is an upside.
Outsourcing will further accelerate the US trade deficit.
Unsustainable deficits will provoke a collapse of the dollar and government spending.
Goodbye nanny state (and standard of living).
BUMP
277 posted on
12/26/2002 4:34:08 AM PST by
tm22721
To: sarcasm
Dont let your kids plan on a technical carreer, computers, engineering, or in manufacturing. Have them stay away from construction also, since the record inflow of latins will soon take that over too.
You have to steer your kids into high paying carreers that will not be lost to foreigners or to foreign outsourcing.
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