Outsourcing Options

[*kryogenix*]

What's your take on outsourcing? Here's a bit of background for those who don't know what it is: http://www.foreignaffairs.org/20040501faes...g-bogeyman.html


Personally, I don't really like it. Up until a few months ago, I wanted to become a computer programmer. But I learned that many of these jobs were being outsourced to other countries. However, it does help american business I guess.

[Spirited Away]

well the reason they stopped outsourcing was BECAUSE they lost many and no other reason other than that. though those companies have, the majority are sticking to outsourcing leaving us w. the same problem.

i don't see how outsourcing can benefit america in any way other than better products and etc. the fact remains though that whether or not better products are available in the market doesn't mean people will necessarily buy it. it still leaves those jobless people jobless.

Have you heard of globalization?

That's one of the reason why outsourcing is good. Not only that, it creates opportunities for more domestic industries because labor is affordable and companies are more productive and efficient.

Outsourcing is bad for a number of Americans, but good for the nation as a whole.

In economics, you cannot help that there are winners and losers.

The 'jobless' condition is a short term drawback, however, new jobs will be created.

In basic economics there are absolute advantages and comparative advantages. No matter the case of advantages, trade will maximize efficiency.

By outsourcing, we're trading labor... etc...