Outsourcing the death of the economy!

[jem]

Why should not web page design job go to India.

People in the states want 4-5000 dollars to make a nice looking web site and do not even guarantee you search engine rankings.

Every thinking person consuming thoses services knows that there is no barrier to entry. It just a takes a little bit of time to learn html and flash.

I see the same with most technology service jobs. They are seriously overpaid for how little they had to do to get the knowledge.

Right now India is providing very educated people for jobs that could be done by the not so educated. Eventually, it will all balance out and the only people getting paid well to make a website are the truly artistic or the ones who guarantee search rankings.


Now I am concerned when an industry that makes real products goes overseas but that is a different story.

 

[fan27]

Here is the way I look at it:

There is a limited amount of capitol on this planet (This, I think most of us can agree on). If a Chinaman can produce a widget for $1.00 and it costs a US worker $10.00 to make the same widget, it makes sense to let the chinaman make the widget. So where does the $9.00 savings go. Cheaper goods for you and me. Now that the US worker is not making the widget what should he do. My suggestion:

QUIT BITCHIN and develop skills that are in demand in the current economy. A hurricane is blowing over my apartment right now. Bitching about it will change nothing. All there was to do was to make the necessary preparations.

fan27

 

[ehud_cohen]

We can't have it both ways... if we are to accept Capitalism, we must embrace outsourcing...

 

[andrasnm]

statement I have EVER seen.
Note the swiss turned their vote against citizenship ease and remain fiercely protectionist. Do you not suppose they are capitalists as well.

Quote from ehud_cohen:

We can't have it both ways... if we are to accept Capitalism, we must embrace outsourcing...

 

[AMT4SWA]

Even when there is a hurricane you can still have some fun!

***** SELL KITES!!!! *****

Good Fortunes!

 

[damir00]

Quote from Audacity17:

Money is made in America by volume. VOLUME VOLUME VOLUME. The man on the dozer can do the work of many, many men.

money is made on volume of people working for you, not on volume of "stuff" an individual worker does for him/herself. the correct answer is "neither" because what excess profits are made possible by the invention of the bulldozer will be eaten up by the cost of the bulldozer and by the flood of competing bulldozers entering the market.

 

[damir00]

Quote from ehud_cohen:

if we are to accept Capitalism, we must embrace outsourcing...

sorry, you have it exactly backwards, outsourcing in a world where capital and goods can move but labor can't is NOT capitalism, it is the opposite of capitalism. if you had outsourcing in a world where labor forces were free to relocate across political boundaries, only then could outsourcing be considered a part of capitalism.

but that's not the world we live in, nor is it the world Walmart wants to compete in.

 

[damir00]

Quote from Audacity17:

Take the vcr. Friends of mine bought a vcr in the early 1980's for over $2000. As more and more were bought, economies of scale kicked in and price came down.

not only does this not support your argument, it actually runs counter to it. consumer electronics is the prime example of an industry that employs huge numbers of people, sells billions of gadgets, and yet has a return on equity lower than just sticking the money in a bank.

 

[Rickshaw Man]

Quote from dchang0:

Dire predictions about outsourcing have never come true. In the 70s, it was the uproar about outsourcing manufacturing to Japan, Taiwan, etc. Long before that, it was outsourcing of agriculture to other nations such as South America, etc.

Remember when America was primarily a nation of farmers and frontiersmen? I don't know about you, but I'm glad they outsourced farming, because I don't want to be a farmer (I grew up next to several cotton and corn farms), and I'm glad they outsourced manufacturing (my dad almost got killed when his shirt got caught in a factory machine), because I don't want to be a factory worker.

I AM GLAD THEY OUTSOURCED EVERYTHING, INCLUDING MY JOB AT IBM, BECAUSE NOW I CAN DO WHAT I REALLY ENJOY. The entrepreneurial spirit of America is one of the few things that will forever be difficult to export (due to long-held cultural beliefs and differences), and it happens to be one of the few things I truly enjoy as a career. I'm sick and tired of the 9 to 9 punch-in/punch-out that I had to endure as a programmer. I considered that MENIAL LABOR, and I'm glad to see it go. Let the Indians and Chinese have it--it pays squat (I hit the programmers' glass ceiling a long time ago), and it's getting to the point where high school kids are coming out better educated in the matured field of software engineering than I am.

In other words, I view the IBM layoffs (which I was smart enough to see coming--I left a couple of months before they laid off my coworkers) and outsourcing as a blessing in disguise. It's like a smoke detector waking you and your family up to get the helloutta the house before the flames come roaring through.

Rather than try to feebly fight the tide with rubber dinghies and plastic oars, I suggest that we all learn to ride the tide and take advantage of the inevitable globalization that will dominate the next 30 years.

Some will say, yea but their are no jobs to keep the economy moving, I think the government will subsidize them. Can you imagine how may baby boomers are going to retire, and how many jobs will need to be filled WOW!

 

[Rickshaw Man]

Quote from AMT4SWA:

If the American middle class ever dies (as some are saying here that it is dying now in America), it is more from their own inability to handle their own personal finances. Outsourcing will have absolutely nothing to do with a decline in the middle class of America, but a lack of financial education will....thanks public schools!!!

Yea you tell um, lets blame the credit card companies.


The three keys to success!

1) work hard
2) stay out of debt
3) save and invest wisely


Follow these three simple steps and you will become financial independent near you retirment years.