Outsourcing American Jobs to Foreign Countries Outsourcing American jobs to foreign countries is slowly destroying our economy. You hear it all the time on the news, and you read about it the paper. Unemployment is rising, the cost of living is rising, and our economy is on shaky ground.
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.
I have to agree, for the amount of profit these companies that outsource make, they harm the greater good, our national interest. If you had not heard about outsourcing before, now you have a good idea what it is. 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.
Now the chairman of President Bush's council of economic trade Advisers, N.
Gregory Mankiw said,"Outsourcing is just a way of doing international trade. Newswire via Comtex, President Bush'seconomic report says basically outsourcing makes sense. The report signed by President Bush S Newswire via Comtex This all sounds like it makes a lot of sense.
I mean wouldn't you want to save money also?
We all want to spend less and make more, but where do we draw the line? 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.
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The Bush Administration holds seminars on how to outsource American jobs. Treasury Secretary John Snow has said, "U. Companies should outsource to stay competitive. Newswire via comtex, 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.
When I say "our", I mean the working class people of America. 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.
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. 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.
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.
Most of these jobs are headed to Singapore and Malasia. It is too early for many of Carrier's employees to retire; the average worker at the plant is only forty-nine years old.The Outsourcing of American Jobs - The Outsourcing of American Jobs The exporting of American jobs is an issue that is important and will become increasingly so as more and more white collar jobs are shipped overseas.
- This paper argues the morality of U.S. Corporations outsourcing American jobs to foreign workers in other countries as well as the same corporations importing foreign workers to replace large numbers of their existing U.S.
employees with lower wages and reduced benefits.
American technological corporations desperate to cut costs are outsourcing jobs to the developing countries with large talented human resource pool for significantly lesser wages. IT market research firm Gartner Dataquest 1 says that companies outsourcing their software jobs see lower cost foreign labor as a key to growth in because of.
Outsourcing American jobs to Foreign Countries WUI student University of Phoenix COM Professor Olivia Miller August 13, Outsourcing American Jobs to Foreign Countries Outsourcing American jobs to foreign countries is slowly destroying our economy. Smith, Angela, "The Pros and Cons of Outsourcing" ().UNLV Theses, Dissertations, Professional Papers, Location concerns are due to being in a foreign country with no access to face-to-face Moving more jobs back to America is what the public wants.
Outsourcing jobs is when U.S. companies hire lower-paid workers overseas instead of Americans. Here are the types, countries, causes, and impacts. The Balance How Outsourcing Jobs Affects the U.S. Economy. Would American workers be willing to accept the low wages paid to foreign employees?
If not, American consumers would be forced to pay.