the reason these corporate idiots who own companies want to outsource is because its cheaper labor and they don't have to pay the employee have of what they earn so that they can "reap" the profits for themselves friggin greedy bastards. They teach you to go to college so that you can be a thief and learn from the crook who are already in jail for scamming people like Bernie Madoff. The would rather not pay higher wages and pay india employees for being stupid and don't know nothing.
If the US economy tanks due to massive joblessness among other factors I wonder where all these outsourced jobs will go to when all the customers they need to deal with in the first place eventually vanish due to the continuous shedding of jobs.
Offshore Outsourcing has moved beyond the Cost value proposition, beyond consistent quality production, and is now well into Value Creation. For a multitude of reasons, technology advancement, scale of economy, work ethics, this success is developing from outside of the USA labor force and will continue to grow into the futre. Learn more about Offshore Outsourcing and 24/7 Customer, Inc: GOTO YOUTUBE or GOOGLE and SEARCH FOR: 247China or 24/7 Customer, Inc.
I agree with leopardpm. The benefits of immigration and outsourcing (similar things) has overwhelming support in the pages of a first-year economic textbook. This is an issue of free trade versus communism.
I hate to say this but a company in this country is forced to hire unqualified minorities and women or be sued into bankrupcy. Some have to fight labor unions where the only way to get into the union is to have a relative who is in the union. I really don't blame these companies for leaving.
the pay is respective the skill required for the job and the demand for the product.... want a decent wage? Get a job which puts your skills to use, or, improve your skills - no one 'owes' you a certain wage... you EARN it!
If the skills aren't in demand, why is anyone importing workers-- sometimes illegally? If it's not about driving down wages, why are jobs being sent overseas? Is it because Americans don't have the skills to do the jobs? No-- it's because Americans, especially Americans who have improved their skills as you suggest, expect a decent wage. After all, their earning it.
It is not driving down wages, its increasing productivity-Is it better for 1 man to be able to dig a ditch in the same amount of time it took 2 men the day before? Yup. The Chinese have a definite comparative advantage over the US in labor intensive production and it is in our best interest to use their labor so we can put our skills and efforts to more valued areas.
In other words, spend $1 on a product from china (vs $5 on same product produced domestically), and use the saved $4 to generate more jobs, research, and new products.
There is no decent wage. Who decides what is decent? If the government decides what is decent and fixes prices to make them decent, that is communist central planning. Your wage is whatever you get on the labor market, whether it is low or high. That is capitalism. Liberalization of immigration and outsourcing are fundamental to capitalism.
This idea that any government intervention = communism is a sham. There was massive gov't oversight after WWII and what happened? The middle class grew, the US became the dominant global economy, company profits went up, and quality of life improved. As 'deregulation' became fashionable, we got rolling blackouts, Enron, Tyco, increased stratification, and a shrinking middle class. The only thing that's consistent through both is that large company profits grew.
What do you want to do, ban outsourcing or immigration? What is the economic justification for it? If it is economically beneficial to prevent trade in labor between two countries then it is also beneficial to prevent all trade even within a country. Thinking abstractly, you moving out of your house to go shopping is immigration since nation-states are mere legal entities that have no effect on the economics.
I don't know what to make of that last sentence. I hope you don't really believe nations have no effect on economics. But to your first point, I've never said I'm against immigration. But yes, I would like to find a way to penalize companies incorporated in the US, enjoying full protection of the US system, who have replaced their US workers with workers overseas.
the reason these corporate idiots who own companies want to outsource is because its cheaper labor and they don't have to pay the employee have of what they earn so that they can "reap" the profits for themselves friggin greedy bastards. They teach you to go to college so that you can be a thief and learn from the crook who are already in jail for scamming people like Bernie Madoff. The would rather not pay higher wages and pay india employees for being stupid and don't know nothing.
davewc39 1 year ago
If the US economy tanks due to massive joblessness among other factors I wonder where all these outsourced jobs will go to when all the customers they need to deal with in the first place eventually vanish due to the continuous shedding of jobs.
shaider77 2 years ago
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that is very awesome i love this
Carmenwer 3 years ago
"let economic forces find the way"??
wtf indeed.
tbrown55 3 years ago
@tbrown55 thats basically saying lets not do anything and the problem will fix itself
CostlyChris 1 year ago
This comment has received too many negative votes show
check out my video why india hates china
OneTwoThreePeace 4 years ago
wtf
pimpsoldier0 4 years ago
Offshore Outsourcing has moved beyond the Cost value proposition, beyond consistent quality production, and is now well into Value Creation. For a multitude of reasons, technology advancement, scale of economy, work ethics, this success is developing from outside of the USA labor force and will continue to grow into the futre. Learn more about Offshore Outsourcing and 24/7 Customer, Inc: GOTO YOUTUBE or GOOGLE and SEARCH FOR: 247China or 24/7 Customer, Inc.
247China 4 years ago
I agree with leopardpm. The benefits of immigration and outsourcing (similar things) has overwhelming support in the pages of a first-year economic textbook. This is an issue of free trade versus communism.
noraklagrangian 4 years ago
if a corporation was selling babies on the black market and the government made them stop they would call it an obstruction of free trade
d3p3ch3mod3 4 years ago 4
I hate to say this but a company in this country is forced to hire unqualified minorities and women or be sued into bankrupcy. Some have to fight labor unions where the only way to get into the union is to have a relative who is in the union. I really don't blame these companies for leaving.
draghollow 4 years ago
That didn't address shit.
hazonku 4 years ago
welcome back!
DormanCrimeSyndicate 4 years ago
the pay is respective the skill required for the job and the demand for the product.... want a decent wage? Get a job which puts your skills to use, or, improve your skills - no one 'owes' you a certain wage... you EARN it!
leopardpm 4 years ago
If the skills aren't in demand, why is anyone importing workers-- sometimes illegally? If it's not about driving down wages, why are jobs being sent overseas? Is it because Americans don't have the skills to do the jobs? No-- it's because Americans, especially Americans who have improved their skills as you suggest, expect a decent wage. After all, their earning it.
DJAlanGreenspan 4 years ago
It is not driving down wages, its increasing productivity-Is it better for 1 man to be able to dig a ditch in the same amount of time it took 2 men the day before? Yup. The Chinese have a definite comparative advantage over the US in labor intensive production and it is in our best interest to use their labor so we can put our skills and efforts to more valued areas.
leopardpm 4 years ago
In other words, spend $1 on a product from china (vs $5 on same product produced domestically), and use the saved $4 to generate more jobs, research, and new products.
leopardpm 4 years ago
We'll never agree on it, so let's agree on this-- our small discussion was infinitely more intelligent than this forbes video.
DJAlanGreenspan 4 years ago
There is no decent wage. Who decides what is decent? If the government decides what is decent and fixes prices to make them decent, that is communist central planning. Your wage is whatever you get on the labor market, whether it is low or high. That is capitalism. Liberalization of immigration and outsourcing are fundamental to capitalism.
noraklagrangian 4 years ago
This idea that any government intervention = communism is a sham. There was massive gov't oversight after WWII and what happened? The middle class grew, the US became the dominant global economy, company profits went up, and quality of life improved. As 'deregulation' became fashionable, we got rolling blackouts, Enron, Tyco, increased stratification, and a shrinking middle class. The only thing that's consistent through both is that large company profits grew.
DJAlanGreenspan 4 years ago
What do you want to do, ban outsourcing or immigration? What is the economic justification for it? If it is economically beneficial to prevent trade in labor between two countries then it is also beneficial to prevent all trade even within a country. Thinking abstractly, you moving out of your house to go shopping is immigration since nation-states are mere legal entities that have no effect on the economics.
noraklagrangian 4 years ago
I don't know what to make of that last sentence. I hope you don't really believe nations have no effect on economics. But to your first point, I've never said I'm against immigration. But yes, I would like to find a way to penalize companies incorporated in the US, enjoying full protection of the US system, who have replaced their US workers with workers overseas.
DJAlanGreenspan 4 years ago
Assumption: the only options are to send low-paying jobs overseas or bring low-wage workers here. Paying a decent wage is never part of the debate.
DJAlanGreenspan 4 years ago
that was retarted
zdwade 4 years ago
fart
neuaktivschutz 4 years ago
This has been flagged as spam show
copy nd paste this to 10 videos or your mum will die within the next 4 hours...
boyofdawn 4 years ago