A new Department of Labor report finds personal outsourcing is revolutionizing how Americans dont do their own work.
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)
Question: Why is outsourcing a word but insourcing is not?
Isn’t it about time we start rewarding US companies that make insourcing a priority?
Answer:
Answer by min77ion
good point… Might work,,,,,,
But I think that we should force companies that Outsource to pay a descent wage in the area that they moved to….And a decent wage,, (cost of living),,,,, And yes we should reward for coming into the USA aswell……….
Question: What is the fallacy with this pro outsourcing american jobs to china argument?
One person says…”americans sell products all over the world, therefore if (we) expect them to buy (our) products, then (we) must buy (their) products.
Ok, I want to see how many people can explain why this person’s argument is a lie.
how about this argument “Who are you to tell me that I cant make my products in China where labor is cheaper”? whats the fallacy with that argument?
Answer:
Answer by leave my rights alone
the only reason jobs are being sent overseas is because its too expensive to have employees or run a company in the US
every time taxes/fines are increased by the government jobs leave the US to never return, when taxes are raised to the point its not viable to operate in the US the company and/or its jobs leave which mean even fewer taxes can be collected which makes the greedy overpowering US government increase taxes even more
Question: Can somebody please explain to me how outsourcing jobs is good for the economy?
Correct me if I’m wrong, but don’t jobs such as manufacturing jobs build an economy?
Answer:
Answer by King Chrissy MG
it’s not good for the economy at all, look at the crunch you’re having over in the US at the moment.
what are we gonna do when china starts charging for the labour?
Question: Within the computer industry, which segments will have job growth, without fear of outsourcing to other places?
The world of computers is so vast – there are so many sub-divisions of labor. I think about topics like “software engineer” or “network engineer” and I dont fully know what they are. Within the world of computers, are there and areas of work with 1-expected job growth and 2-job security, meaning they wont be out sourced ?
Answer:
Answer by chuckles951
Maintenance, installation and repair. Everything else can be outsourced.
Question: In Foreign Outsourcing, do domestic companies own the factors or do they just pay for the product?
Is that Direct Investment when foreign companies own the factories?
Answer:
Answer by Anjaree
The US company in New York might give the outsourcing either to its own firm in China, or real Chinese firms.In the first case,it is foreign direct investment.In the latter case,it is just a buyer.
Question: Under which administration did outsourcing to China begin?
America is having such issues with all of the outsourcing it does to other countries like jobs being lost and tainted products. I can’t remember the last time I saw something made in the U.S.A. I feel the need to get a little background and knowledge and not feel so ingorant. Any good background info would be appreciated.
Answer:
Answer by Magma H
Way back in the 80′s.
Reagan administration.
Vote for Republican and the country is doomed!
“It did take a Clinton to clean after the first Bush and it might take another one to clean up after the second Bush.”
Question: Will outsourcing to countries like China and Indonesia backfire on American investors?
I fully understand the risk vs return principle—but how long can we continue to do business with government that could potentially turn “against” foreign investors? The closest example I have is with Cuba’s revolution and their nationalization of Texaco’s refineries after Fidel took total power. From a purely business standpoint, such companies like Texaco lost big from such a loss-how can we protect our investments in China–if China decides it’s in their best interest to nationalize American or English, etc owned properties and plants? Any ideas or thoughts would be appreciated. Thanks!
Answer:
Answer by bilez1
no. investments overseas are generating more profit, as a percentage, than similar investments at home. with a recession looming, this trend will likely continue for at least another year. additionally…the leadership in these countries know said investments are good for maintaining harmony among their people.
Question: What are your views on offshore outsourcing?
I’m doing a research paper on the subject and its effects on the U.S. economy. Just trying to see what other peoples opinions are on the matter. I am personally for it but maybe someone can convince me otherwise or further support my beliefs.
Answer:
Answer by Pietro
In a mixed market system, who can say there’s anything wrong with outsourcing? If consumers as a whole cannot choose to buy products from companies that don’t outsource, then the people asking the government to moderate outsourcing is hypocrisy and ridiculousness.
Question: What is advantages and disadvantages of outsourcing for manufacturing company?
Answer:
Answer by Genuis by Design
advantages:
1. cheaper
2. faster
3. better
disadvantages:
NONE
any questions ?
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