Quote from david666:
Ok, regardless your opinion on Asian labor the fact is that most companies who outsource usually say two things. One its the jobs that have huge turnover. Two the jobs they outsource that are high skilled it jobs are the ones that americans don't have degrees in. I.E not enough US enigneers are being produced. They would hire american enineers and programmers but there is too few amerians pursuing those degrees.the main problem is the college degree ratio of americans versus asians. Somehow we need to encourage students to pick high skilled IT jobs which they are not.
Instead of blaming corporate America, try looking at the fundamentals. And just fyi the new trend is to bringing jobs BACK not sending them out. I recommend you study the topic or you will forever be locked in the closet of ignorance.
Enjoy that Koolaid do you?
You say we don't have enough engineers.
Do you know that there are law firms that specialize on advising companies how to write a want ad so they "can't" find someone who is qualified... and oh yeah, that same law firm shows the client how to get an H1B visa worker.
The engineer shortage is a myth perpetrated by corporations to ensure a constant flow of H1B visas and subsidies for outsourcing. There have been many studies done on this.
But let's say there is a shortage of engineers for arguments sake. In a capitalist society, those that invest money to get that degree should be rewarded, right? They should command high salaries, and in turn, more people would chase those salaries and get engineering degrees. But no - the pseudo capitalist corporations can't have that. They cry to government that they are not "competitive" (bullshit) and need to "outsource." So in the end, that college kid now has a huge school loan to pay off meanwhile another kid in India that is debt free gets the job for a third of the salary.
Then you say the jobs replaced have high turnover.
I was in the mortgage business some time ago - I saw entire departments get outsourced. Processing, IT, servicing... they were great jobs and people stayed at those jobs. But the Bank needed to be "competitive." Excuse me, but how many of those mortgages the newly outsourced employees work on does the bank give to people in India? ZERO. Again, the need to stay "competitive" is a myth.
Outsourcing is destroying our middle class so upper management can get fat bonuses - all the while running the company into the ground and screwing shareholders as well.
By the way, JP Morgan - a bank that is receiving a windfall with all the stimulus programs and bailouts enacted thru Treasury and the Fed wants to increasing outsourcing in IT by 25%. I think it's still too early to tell if jobs are really heading back to the US in a significant way. We'll see.