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Originally Posted by Stamen
I agree that the education system should be improved greatly, and funded better, but unrealized potential due to unfavorable circumstances has affected the entire world since the beginning of time, and that has nothing to do with outsourcing.
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Outsourcing adds to the problem by
a) increasing the need for retraining (to dramatic proportions, in some cases)
b) effectively reducing incomes due to actual removal of jobs (decreasing supply and driving down wages) or due to a 'atmosphere of fear' where employees are afraid to ask for raises, thus losing money in 'real' dollars while inflation keeps marching on... or sprinting on, in the case of fuel costs, medical bills, et al.
The heavy for-profit education system in north america is not geared to accept, nor effectively retrain, displaced workers as a result of these upheavals.
Yes, good people in bad situations will get the shaft. Outsourcing adds more weight to that.
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And the only regulation I would put on the companies who choose to outsource is that they provide the same benefits (medical, retirement, etc) to their outsourced workers that they would to their American workers (this should include any outsourcing companies that choose to do business in America).
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Good luck with that.
Hell, there's growing numbers of domestic corporations that can't even provide the benefits they've pledged. Anyone here on a United Air pension? Not for long!