Outsourcing to countries with lower wages allows the US market to stay competitive on the global basis. Outsourcing also provides US consumers with cheaper goods. This allows US consumers to spend the extra money on many different sectors of the US market. In the long run, outsourcing also helps create managerial or "high quality" jobs for US workers. All of these reasons provide evidence that, contrary to popular belief, outsourcing actually is beneficial to the US economy.
Of course outsourcing is positive. For those who complain about the job losses, think about how many people companies can employ if they are out of business because someone with cheaper labor costs can sell a cheaper product. If you look at the trend of our nations employment sectors we can see about 90% is in the service industry. That is where the middle class resides, not in the manufacturing sector which has been shrinking and will continue to do so.
the U.S sends tons of laborious jobs overseas, that most Americans hate doing anyways, and we also outsource manufacturing jobs and that produce lots of hazardous waste so we don't have to live in filth and walk around with broken backs.......and forces the blue collar worker to become the white collar worker by attending school for a higher education!!
Face it, outsourcing jobs that require low-knowledge to workers who are willing to work below minimum wage means that Americans who can only do those sorts of work here are being out-competed. This means that companies can get cheap work done even more cheaply and the economy would be boosting.
Outsourcing of jobs actually does good for America. The upper classes always seem to make money, regardless of how the economy goes. Corporate profits have remained high through the last few recessions, and these get to rich people through dividend stocks. Wage growth for the lowest classes is nonexistent. But, the ability to outsource things, especially food and manufacturing, allow retailers like Wal-Mart to actually improve the quality of life for poverty-stricken individuals, far more than the government or rest of the economy can.
Outsourcing to Asia and other countries where labor is cheaper has become a trend, and it continues to grow worse. It has no positive impact on the economy, as it takes away jobs that Americans should have got in the first place. Americans get into huge debt to complete college, only to see that most of their jobs are slowly being shipped overseas so companies can make record profits. But those numbers don't mean anything to the common man. When Americans don't work good-paying jobs, it ultimately leads to becoming dependent on welfare, or work at a low-paying job. It could be explained better as the gradual transfer of wealth and skills to other countries, which only makes America poorer.
Americans are specializing in many professional tasks. Most of the factory and blue collar jobs are not attractive for Americans, since they require intensive manual labor and pass less. There are plenty qualified individuals overseas who are willing to do those jobs.
Outsourcing lowers the cost of products and offers Americans more diverse and interesting job opportunities.
Of course outsourcing has had a positive effect because it applies that economic law of the invisible hand. Markets will control themselves and this is the way the American businesses can remain competitive and to succeed. Without outsourcing jobs, corporate America will fail. Off shoring promotes globalization which is the new era of growth for U.S. Business. American business's return their profits to provide future growth the American economy. For every dollar outsourced to India $1.14 is returned to the U.S. Economy. Who can argue with that. For the 72% that say outsourcing is bad, how would our modern economy exist without it. Consumers would be forced to pay much more and for the 100 million of Americans that shop at Wal-Mart each week, they would have further economic hardships. The only negative to outsourcing is immediate job loss but that fact is, outsourcing will provide Americans with better paying higher skilled jobs in the end. Outsourcing allows America to be the innovative nation we were founded as and will allow us to be the executives of global businesses in the end. Investors like returns and without off shoring jobs, corporate America can not produce the returns necessary causing the market to collapse. Let the invisible hand take over, both parties benefit from trade and outsourcing is just trading services. All will benefit in the end.
And when we say investment, you lose now, but you gain greater in the long run. You may lose your clerks, HRs, encoders and so the list of grunt jobs goes on, only to let these people realize that they can do better than working their butts off in a cubicle for 8 hours a day. The way I see it, America will develop into a nation of entrepreneurs, strategists and consultants after a decade (while we keep the dirty jobs). And if you perceive the situation as a sinking boat, you will know that it is us, third-world passengers in the steerage who will get to drown first. Lastly, there is a clear difference between theft, charity work and partnership. Argue with me if it's not the latter. So is outsourcing a dirty crime? No, I don't think so.
And when we say investment, you lose now, but you gain greater in the long run. You may lose your clerks, HRs, encoders and so the list of grunt jobs goes on, only to let these people realize that they can do better than working their asses off in a cubicle for 8 hours a day. The way I see it, America will develop into a nation of entrepreneurs, strategists and consultants after a decade (while we keep the dirty jobs). And if you perceive the situation as a sinking boat, you will know that it is us, third-world passengers in the steerage who will get to drown first.
Lastly, there is a clear difference between theft, charity work and partnership. Argue with me if it's not the latter.
So is outsourcing a dirty crime? Hell no, I don't think so.
Look at how many people are unemployed and living on the streets. If we keep outsourcing then where will people find jobs? Only the rich will survive, but without us regular citizens they won't survive much longer either. Its us people who buy the product and use the product. When resources dwindle, so does the economy, and in turn so does the people. We need a median met between these political problems. If we don't find a solution fast, then to put it bluntly, we will die from our mistakes.
I strongly disagree with outsourcing because of its negative impact on the economy, our unemployment rate, and our citizens, overall. Outsourcing, while a profitable endeavor for big business, realistically hurts our economy by removing manufacturing jobs, which tend to be well paid, also allows companies to evade their fair share of the tax burden. This is one of the causes of the tax increase on the top .7% of tax payers because they are the ones who provide jobs through small businesses. Small business accounts for the majority of job creation in this country, now. By moving jobs overseas or across the border, families are hit hard because there skills are no longer marketable when the main breadwinner is laid off through no fault of his or her own.
It hurts schools and colleges because children miss out on educational opportunity. Of course consumers have less money to spend, and this also hurts small businesses and even big retailers like Costco and Wal-Mart. The taxes that the IRS does not collect on those companies reduce what the country has to fund its programs and ads to the economic downturn. These companies are throwing the very people who made them successful under the bus for the sake of bigger profits. Outsourcing is a fifty billion dollar industry. That fifty billion leaving our country is not only hurtful to the American economy, it hurts our workers.
American jobs need to remain in America to keep the economy strong in this country. If the jobs are in a different country, then how would those jobs benefit Americans? If trickle down economics really works, then our economy would be good right now, but it isn't. Keep jobs here, and the economy will respond.
Bravo corporate America. You have proven the trickle down theory to be true. Unfortunatly, it's all the negatives. You make sure not to allow that money to trickle down. But the job loss, poverty, homelessness slip right through your fingers; aren't you quite the butter fingers? First you destroy the middle class by shipping factory work overseas, which accounted for a majority of middle class. So people now have to obtain a degree, at a substantial cost, to even make above min wage. But it wasnt good enough, now you take our educated positions and send those overseas or hand them out to those with work visas. So that leaves us with your pathetic minimum wage jobs, which can't even cover rent.
Jobs that can be done here are sent overseas. That's unfair for the Americans. We were born here, we deserve those jobs, not people that have nothing to do with this country. We can fix our economy, we just need to work together. Now nothing says "Made in America." We need to change that. Let's make everything here so we can be proud of our country we have worked for for years. The Chinese are making our stuff. Do we want them to keep on doing that or do we want to make our own stuff?
Outsourcing solves the problem of filling low-end, low-paying jobs with individuals from other countries. However, solving this problem creates another, perhaps even more dire, problem, with which we must contend with. We are adding to a rise in our own nations' unemployment rate. It seems like a better solution might be to create incentives for Americans to fill these jobs, rather than sending the employment across the borders.
Outsourcing has a negative impact on the American economy, because current workers are laid off. The loss of worker income negatively impacts the economy, since these unemployed workers cannot buy goods and services. Furthermore, there are hidden costs to outsourcing, which revolve around writing contracts and making certain that the work is properly done, maintaining confidentiality and security, where appropriate. When these are not done properly, it can further impact the economy negatively by producing bad publicity and causing the company's stock prices to tumble.
Outsourcing is one of the worst ideas that greedy corporate heads use to line their already fattened wallets. They want to make more money, so why not pay someone in another country to do the job for a fraction of the cost as hiring an American worker? Well, many have lost their jobs because of this, and these jobs are not always for telemarketers.
I disagree that outsourcing is positive to the American economy because we are in a sorry state with the jobless and unemployment rates. If the jobs that are outsourced were here instead, more people would be working and our economy would not be in such bad shape right now. Imagine if all outsourced jobs were given back to Americans; we'd have a lot of happy people back at work, more money in our country and of course the economy. Outsourcing is hurting us. Even though it's cheaper, it's causing more harm than good.
Outsourcing leads to higher unemployment rates and not only affects less skilled workers but also middle-class America. Companies benefit by paying lower tax and sub-par wages for jobs, which ends up cheating Americans out of work. They do this for a higher profit, but what they don't take into consideration is that more people today are below the poverty line which does not benefit the economy since it reduces consumer spending.