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Old 11-23-2004, 10:02 PM   #12 (permalink)
Ustwo
Pissing in the cornflakes
 
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Quote:
Originally Posted by Manx
Rescuing is not the issue (though I'm sure we'd disagree on that one as well) - we're talking about intentionally destablizing your job security in order to specifically benefit a corporations profit. And as we've seen over the past 4 years, coming out the recession, corporations have significantly increased profit while job availability has barely moved.
We are talking about bringing in cheaper help. It happens, no one owes you anything.

I've seen several articles speaking of how offshoring helps the economy in both the long and short run.

Here is the first google hit.

Quote:
Study claims offshoring helps US economy

Outsourcing of US IT jobs to foreign workers is good for the US economy and will result in the creation of twice as many jobs as are displaced, a study claims.

Offshore outsourcing, which the study calls "global sourcing", created 90,000 more jobs in 2003 than it sent outside the US, according to a study conducted by economic analysis firm Global Insight and released by the Information Technology Association of America.

It also said offshore sourcing reducess costs to US companies, allowing them to spend money on new US workers, plus it increases the efficiency of the US economy and results in higher wages and increased exports.

The study estimated that 104,000 US software and services jobs were moved overseas in 2003, but 90,000 more jobs were created as a result of the cost savings associated with offshore outsourcing. It also estimated that in 2008, 317,000 new US jobs will be created as a result from the savings and efficiencies created by offshore outsourcing.

IT worker groups have taken a different view on offshore outsourcing, and the US Congress has been looking at legislation to limit offshore outsourcing.

A representative of the Institute of Electrical and Electronics Engineers-USA (IEEE-USA), which has questioned the benefits of offshore outsourcing in the past, said it was too early to comment.
http://www.computerweekly.com/Article129623.htm

A closed and protected economy is the best way to fuck it up.
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