Why does everyone think outsourcing looses jobs for Americans?
Lms L asked:
The way I see it is that the cheap jobs are outsourced and the company reaps an increased profit. Then they invest their profits in other things, new products, etc… and then, as a result more jobs are created.
The way I see it is that the cheap jobs are outsourced and the company reaps an increased profit. Then they invest their profits in other things, new products, etc… and then, as a result more jobs are created.
Possibly Related Posts:
- Why is there so much negativity surrounding the issues of imported products and outsourcing?
- What are the socioeconomic effects of outsourcing in India?
- what thesis can I use 4 outsourcing jobs to foreign countries, n what suggestions and ideas do anyone have?
Why do people think outsourcing is bad?
Duh asked:
It allows the products we buy to be made at a cheaper cost and therefore are sold at a cheaper cost to us. Furthermore all the jobs “lost” to foreign nations would be gone anyway because of the incredibly high cost to run a factory in the US. So the way I see it the companies have two options,
stay here, pay high wages and provide worker benefits at immense cost to the employer, lose all profits and go under, then request a federal bailout
or move abroad, pay cheaply, and make profits and stay alive.
So why is outsourcing bad?
It allows the products we buy to be made at a cheaper cost and therefore are sold at a cheaper cost to us. Furthermore all the jobs “lost” to foreign nations would be gone anyway because of the incredibly high cost to run a factory in the US. So the way I see it the companies have two options,
stay here, pay high wages and provide worker benefits at immense cost to the employer, lose all profits and go under, then request a federal bailout
or move abroad, pay cheaply, and make profits and stay alive.
So why is outsourcing bad?
Possibly Related Posts:
- Why with all the outsourcing, have I not noticed any major drops in prices?
- Where are those Economy Geniuses who advised ‘outsourcing’ manufacturing jobs to India & China?
- Why do Americans complain about outsourcing while still demanding cheaper goods and services?
- Have the Democrats stopped job outsourcing and free trade yet?
- How is outsourcing both manufacturing and service jobs good for Americans?