[Doohickey]

I'm still waiting. If I were holding stock in a company that was rushing offshore, I would insist on an accounting of where the cost savings are going. They'd better be going into price cuts (to deliver more business) or research (to potentially deliver more business).

I've always given corporate executives the benefit of the doubt, but my confidence is definately wavering.

[RockyMtnMan]

Ideally those savings would go into new investment in the local economy instead of lowering prices. The net effect would be much more dramatic for the economy at large.

I believe the reinvestment of savings is going right back to India for those new opportunities. This breaks the "trickle down" effect completely.

[Dane]

I'm still waiting. If I were holding stock in a company that was rushing offshore, I would insist on an accounting of where the cost savings are going. They'd better be going into price cuts (to deliver more business) or research (to potentially deliver more business).

I've always given corporate executives the benefit of the doubt, but my confidence is definately wavering

Waiting for what? It seems to be your job as a stockholder to call the CEO's office to show the savings.

BTW, if the savings and productivity are shown, are you going to sell the stock "as a matter of principle"?

[jpl]

I've always given corporate executives the benefit of the doubt, but my confidence is definately wavering.

Say what you will about old Henry Ford and some of his nutty political eccentricities, he was a guy who legitimately cared about the people working for him. He strongly felt that his loyal employees should actually have a decent enough living to be able to purchase his products.

We could use a few more Henry Ford style corporatists in America today.