Is Outsourcing to Blame for Lack of Jobs?

With the economic downturn, many companies look to send jobs overseas and save lots of money but what impact does that have here at home on the scores of people looking for work. (Nov. 13)

Category:

News & Politics

Tags:

• economy;
• outsourcing
• blame
• lack
• jobs?

[lsecanon1]

i have lost my job twice in the past 5 years due to outsourcing, it is fucking outrageous...

[jennel802009]

How does this man think that outsourcing helps the American economy? This is why America is in the shitter now.

[SummerInTahoe]

I thought this was another Onion News Video! LOL!

[simontimon2]

Large corporation can not survive with-out a big government to back them up

[simontimon2]

Big Government is in bed with Big Corporation. If I were CEO of a major corporation - let's call it the Big Widget Corporation - I would love Big Government. That's because I could:

•lobby Congress to subsidize the widget industry, explaining how vital widgets are to the economy.

•lobby for tariff protection against imported widgets. This will allow my company to gouge American consumers with higher prices.

•lobby for regulations that would drive my smaller competitors out of business.

[rickbar123]

@simontimon2 A powerful gov that is at the mercy of the people and not the corporation is the only solution. The corporation is behind Hayek. The corporation wants a small gov. The corporation is licking their chops.

[simontimon2]

The government isn’t realistically going to manage the economy correctly, they’re corrupt, and they will never even completely understand Keynes in the first place.

Central planning of an economy isn’t just about economics — it’s also about politics. And that’s where the “somewhere in the middle” train leads us — into the abyss, courtesy of fat, corrupt bureaucrats whose only goals are their self-interest. The irony would be amusing if it wasn’t destroying lives.

[rickbar123]

@simontimon2 Hayek, Misis and Freidman were paid hacks. The 3 Stooges sucked a ton of money from the filthy rich writing that dripple. The 3 Stooges, if not for the rich, would have had trouble finding a job in a back woods high school teaching home economics to toothless mountain girls. In fact, for a few years the Mount Perlin Boys sat around in a circle jerk waiting to get paid because the rich saw no value in them. Back to the Beck show for you, class is over. I have no time for a repeater.

[simontimon2]

"F.A. hayek road to serfdom", where government have mistakenly tried to ensure continuing prosperity by centralized planning, which inevitably leads to totalitarianism.

[rickbar123]

@simontimon2 Yes. Price controls were very popular in America. The 40s, 50s, and most of the 60s and 70s saw price controls. See- Selling Free Interprise by Wolf. America never had a waiting list for TVs. You should also read - Capital Moves by I forget who the hell wrote it. "Capital Moves" tells the story of RCAs flush down the toilet in search of cheap labor and less regulation. We the people have small government, the corporations have the power of gov. That needs to reverse.

[simontimon2]

@rickbar123 "Price controls, once very popular in America" since when?

What do you want? ten year waiting list for a TV just like in the Soviet Union.

In the 1950's the US produced the cheapest and highest quality products while paying the highest wages in the World. Back then, government was the size of a supermodel now it's as big as Fat bastard.

PUT GOVERNMENT ON A DIET, OR ELSE HE'LL HAVE A HEART ATTACK AND DIE. simple as that

[rickbar123]

@simontimon2 1- Smoot Hawley was from a time when America exported. The only thing America exports now are weapons. Most of, if not all of those weapon sales are funded by the American taxpayer. Smoot Hawley also was a farm based law. America exports nothing. Who cares about Smoot Hawley ? Economic law states importing everything and exporting nothing makes you Greece. Price controls, once very popular in America, would keep the cost of the TVs down.