Along with the automobile industry, many other companies do not think twice about outsourcing to help them cut costs. Seventy-one percent of Americans believed outsourcing was hurting the economy.
I do not think these companies or the government have any real idea what the consequences will be in the long term from outsourcing. I mean we could be competitive in so many other ways like, creating a better education system and turning out more educated highly trained people who are very productive.
This all sounds like it makes a lot of sense. It seems like outsourcing only effects the manufacturing companies, but it goes much further than that. Sixty-two percent of American workers believed the federal government should penalize companies that sent work offshore.
Newswire via Comtex, I think it is quite disheartening for Americans to believe that our government would rather pay people from another country to do the same job many Americans are qualified to do. Outsourcing American Jobs to Foreign Countries Outsourcing American jobs to foreign countries is slowly destroying our economy.
Now that situation is just Ford, many other automobile makers have done the same thing. Gregory Mankiw said,"Outsourcing is just a way of doing international trade. Just imagine how all these little towns and communities across the nation add up, especially in small communities where the local factory or plant is the main source of employment.
Unemployment is rising, the cost of living is rising, and our economy is on shaky ground. So what exactly is outsourcing? I think right now they are Most of these jobs are headed to Singapore and Malasia. Also the apparel industry is affected. Now there are two sides to every story, so allow me to inform you about the people who support outsourcing, and why they say it is good for our country in the long term.
S Newswire via Comtex Newswire via comtex, In Clintwood Virginia, a small town with a population of 1, out of those 1, jobs were being outsourced to India.
It really is sad that we are the people that make up this great country, and yet we are considered expendable in so many ways. That is not justthousand workers either, many of those workers have families and people who rely on them for support.
In Syracuse, New York, Carrier, the maker of air-conditioning and heating units, has closed two of its most productive and profitable factories and laying off 1, workers.
That example took place in only one small part of our country. The makers of automobiles are a good example of a business where the desire to cut costs has driven jobs overseas.
The report signed by President Bush I do believe that the United States needs to be competitive with other countries, but I do not think our government should do this at our expense.
Treasury Secretary John Snow has said, "U. You hear it all the time on the news, and you read about it the paper.
Inonly about 4 percent of money directly invested by American companies overseas went to the developing countries that are most likely to account for outsourced jobs - and most of that money was concentrated in manufacturing.
When I say "our", I mean the working class people of America. We all want to spend less and make more, but where do we draw the line?- Introduction Outsourcing of American jobs overseas is displacing American's in the United States.
American blue-collar workers and the Middle Class American will soon be a word of the past if the US government continues outsourcing the low-skill jobs overseas. THREE ESSAYS ON OFFSHORE OUTSOURCING AND LABOR MARKETS by Joo Youn Park outsourcing has been blamed for destroying American jobs.
As the practice of oﬀshore a long-run consequence of oﬀshore outsourcing. Job destruction tends to happen in the. The Indian economy is greatly affected by outsourcing because they have more jobs and get more revenue from the American companies willing to outsource in India.
The value of the rupee has continued to increase against the U.S. dollar, which in turn increases the costs that exports must incur. Argumentative Essay on Effects of Outsourcing in America.
The sudden increase in outsourcing highly skilled professional jobs may be suspending our position in the world as a lead economic power. Tagged argumentative Essays, effects of outsourcing in america. So what exactly is outsourcing? Well in my opinion, outsourcing is a very selfish way for companies and businesses to save money.
They send jobs to workers overseas who require less pay than an American worker does, in doing this these businesses of course make a larger profit on their goods and services.4/4(1). Bringing jobs back into the U.S may help the unemployment rate, but if goods or more expensive due to higher labor rates then companies might go out of business.
If more business close then the unemployment rate will leap even higher. Outsourcing isn't very good for business's either.Download