U.S 1005 OWNED by OUTSOURCING
 

http://www.nytimes.com/2004/01/26/opinion/26HERB.html


This is what Craig Barrett (the CEO of Intel) has to say.

"I don't think this has been fully understood by the United States," said Mr. Barrett. "If you look at India, China and Russia, they all have strong education heritages. Even if you discount 90 percent of the people there as uneducated farmers, you still end up with about 300 million people who are educated. That's bigger than the U.S. work force."

He said: "The big change today from what's happened over the last 30 years is that it's no longer just low-cost labor that you are looking at. It's well-educated labor that can do effectively any job that can be done in the United States."

In Mr. Barrett's view, "Unless you are a plumber, or perhaps a newspaper reporter, or one of these jobs which is geographically situated, you can be anywhere in the world and do just about any job."

"Companies can still form in Silicon Valley and be competitive around the world," he said. "It's just that they are not going to create jobs in Silicon Valley."

He was then asked, "Aren't we talking about an entire generation of lowered expectations in the United States for what an individual entering the job market will be facing?"

"It's tough to come to another conclusion than that," said Mr. Barrett. "If you see this increased competition for jobs, the immediate response to competition is lower prices and that's lower wage rates."

Outsourcing actually CREATES jobs in that it allows companies to save money on expensive US labor for mature product/service lines. This saved money is invested in new ventures which create new "first line" US jobs/products. When these mature, the cycle begin again with outsourcing.

Only people who are short-sighted will fail to see that outsourcing is a blessing to the economy in general. If it werent' for the "push" of outsourcing and the expanding economic pie it generates.... we'd still be making big tail fin cars in Detroit.

Another sad comment on outsourcing: http://news.ft.com/servlet/ContentSe...012571727 088

From the article

He was then asked, "Aren't we talking about an entire generation of lowered expectations in the United States for what an individual entering the job market will be facing?"

"It's tough to come to another conclusion than that," said Mr. Barrett. "If you see this increased competition for jobs, the immediate response to competition is lower prices and that's lower wage rates."

Does this sound like a good thing to you?

Outsourcing is the future of business. Pretending that it can be stopped is laughable. Either embrace it and run with it, or be left behind shaking your fist at the injustice of a cruel world.

Apparently you didn't read it closely enough and cross reference it with the US' economic history.

stopping outsourcing is like saying you are going to stop file swapping on the web or MP3 sharing.

good luck.

it will be a cold fucking day in hell before i give up my team of Russian and Ukrainian programmers for one slob demanding 160K a year.

Good analogy. The market follows the lowest cost/highest quality provider.

i've got no problems with it... rock on outsourcing... those new workers in weird countries just better have credit cards to buy porn...

And in the 80's everyone thought Japan was going to take over. Where are they now? I am scared!!!
:1orglaugh

I love my Romanian programmer.

Japan has the world's 3rd largest economy, and Toyota just bumped off Ford to become the 2nd largest car manufacturer in the world.

They have done pretty well. Sony :thumbsup

Japan = most technologicaly advanced country in the world.

try again.

:thumbsup

And who is still the largest economy in the world?
I can't remember.:1orglaugh

good shut that shit down in USA,
give us Canadians a chance to BLOOOOOOM :)


haha

Was anyone trying to deny who's still the largest?

No, just dredge up the dopey fears we had 25 years ago about Japan.
Japan has done well for itself and its success didn't change the US's position a bit.
Outsourcing will also be huge and won't change the US's position a bit.

I agree that outsourcing won't change America's position as the #1 economy, but it certainly isn't going to help it maintain that position.

America's economy will continue to grow, but India and China's economies will grow faster, and in the next 25 years China will overtake America as the world's largest economy, and Japan will be overtaken by India as the world's 3rd largest.

India has 1 million new COLLEGE graduates each year...hard to compete with that when they are willing to work for so little. I did the math and Delta Airlines alone saves 60 million per year roughly for shipping 4000 jobs to India.

China is becoming more advanced with their technology and will soon surpass...

The other thing is, there is a whole way around this, did anyone watch 60 Minutes last night? All you would have to do is open up a subsidary in the Cayman Islands. They will then be able to do business with any one of these countries.

What are you guys worried about, you have "Jobs for the 21st Century". Bush is going to make all of you astronauts, I'm jealous.

this is the same argument that was made 25yrs ago.
It didn't happen then, its unlikely to happen now.

Don't even say that, there goes a trillion dollars!! There should be no space exploration right now, unless Bush is on the ship and it never comes back!!

People had that argument about Japan 25 years ago, not China and India.

Rats leave sinking ships.

That is whats really happening in the USA.
"Outsourcing" really means "Get off the boat"

How can this thing make a better America? It can't. There is no way that it can. To many laws, regulations, codes, taxes, labor rights, etc for a business in the United States.

It makes literally no sense to open a tech company in the US anymore.

I believe the US will bottom out and fall into a Civil war...

But then... I am being optimistic. Civil war is the best thing that can happen in the USA to rid some of the burdening laws that hold back progress and commerce.
For a very simple simple example lets note how the abuse of the system is going on right now that is within our very own industry. Acaccia. This sort of thing is happening everywhere and people are getting pissed about it in the US.
You open up a company these days in the USA your likely to get a law suit filed against you for one thing or another...

No, people had that argument about the US 25 years ago.
you're looking at the wrong end of the equation:winkwink: