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This is all well and good in theory, but words mean nothing. It's Obama's policies that will continue to drive business overseas for cheap labor and in order to dodge increased taxes on all sides of the aisle, along with the new cap and trade tax which will hurt business and be paid by everyone. Until it's more cost effective for businesses to stay here, they will continue to outsource overseas.
Just how is this going to be done? Really, I would like to know. How?
Most companies in question retain a presence in the US while also having operations in other countries. Ford has factories here and there.
Is he going to order all companies to tear up their foreign ops and move them back here? Is he going to coerce Apple to manufacture their iPods here rather than China?
Does this mean BMW, Mercedes and Toyota are going to pull their factories out of here?
The logistics themselves are a nightmare. And I suspect--- suspect--- that more than a few of these companies were big contributors to his campaign as well as many other campaigns, both Democrat and GOP.
Don't misunderstand. I would love it if companies kept their assembly lines and phone centers here. And I think these visas for programmers are a crock. There are plenty of programmers here and more people who could be trained.
1) Obama cannot stop outsourcing. The only thing he can do is encourage US manufacturing and/or discourage companies from going overseas. This can take a few years. He cannot force immediately anyone to do anything, as some posters suggest.
1) Obama cannot stop outsourcing. The only thing he can do is encourage US manufacturing and/or discourage companies from going overseas. This can take a few years. He cannot force immediately anyone to do anything, as some posters suggest.
Fair enough. How can he do that? Not a challenge, just a question.
Do you realize those same products you want to buy will be at least triple the cost?
Absolutely. In some cases even quadruple. However, people will trade this for permanent jobs that pay living wages.
When people traded their jobs and economic future for cheap video games and DVD players, they were not informed about the consequences. Back in the 80s, globalization advocates painted a rosy picture where everyone wins and there are no penalties. Some also claimed that outsourcing will actually create even more jobs in the US!!! Today we know better.
the only thing that would make this better is saying that he will lower the corporate taxes for jobs kept in the U.S.
The corporate tax rate cut is unlikely to be an incentive because the real rate is already in the low-mid teens. What can (and should) be done, however, is to take away incentives that help reduce the taxes by installing certain criteria (and more importantly, following up on it, revising it every few years).
Quote:
Originally Posted by ViewFromThePeak
Time for companies to move their entire operations overseas to end runaround restrictions placed by Uncle Sam.
Restrictions placed by the founding fathers to control corporations for nation's welfare, and for more than a century since the independence didn't do that. Steps like these certainly won't do any more damage than what we have seen since the 1980s, and more so in this decade.
Quote:
Originally Posted by ViewFromThePeak
The beauty of capitalism is that it can and always has sidestepped government's "infinite wisdom" to define the moral and ethical boundaries of its implementation. Our great leaders are doing nothing more than showing history will repeat itself once again.
It sounds good to be "patriotic" about capitalism using protectionist measures and excessive regulation. Fortunately, the free market is more powerful than the empty suits.
Capitalism didn't imply people becoming slave to mega-corporations. And if history must repeat itself, chances are we will be re-living the ideas that the founding fathers propagated.
As for protectionism, every country looks for its own good. Why do you expect America to play dumb? Do the Chinese do fair trade with us? With Europe? With the rest of the world? Nope. They put restrictions to prevent American businesses from growing within China, yet here we're, playing "nice guys".
Free trade is fine and dandy, but like everything else, it has ample of room for abuse if implemented mindlessly. This may be a moot point, however, if one is fine with significantly lower standard of living here, at least as much to be competitive with third world countries.
Balance is key.
Quote:
Originally Posted by Finn_Jarber
Excellent news. We can breathe a little easier for now. Over the past 6 years our unit has cut apprx 50% of out IT jobs and outsourced them to India. It's depressing to work in an environment where people constantly speculate about the 'next wave' of lay offs. We might actually see some hiring because of this. That'd be good, because that would reflect positively on the company stocks too. The Indians were getting the job done, but they required four times the man hours compared to out guys here. Sometimes we'd see hundreds of hours logged toward a simple task, which should have taken 10 hours, so on occasion they required 10 times more time to get the work done. We also had bad experiences with so called 'Indian cowboy' programmers who barge in to change software and end up causing more damage than good.
+1. I've first hand experience with this issue. I used to work for a major corporation a few years ago as a database administrator. My position was relatively safe since handling of sensitive data beyond national borders was deemed dangerous and was to be kept at home. Application development teams weren't so lucky, however. Initially, it started with only new software development abroad. Then came the idea of somehow passing over maintenance/production support jobs to those teams (in India). However, with restrictions on sensitive data from going outside the borders, access limits were imposed, and usually a programmer here was left for "local business" while rest of the team was overseas.
Then there was a move to tweak the database so even that one programmer wasn't needed and that the database administrators could directly work with offshore teams. They were given production support with some control. They weren't done yet. More changes were asked for, so control was continuously taken away from the DBAs while offshore teams got closer to having full access to everything, interestingly enough, circumventing internal guidelines to sensitive data. The DBA team was being shrunk as a result and I thought it was prudent to leave the company when the first opportunity arrived and I did. As of today, the DBA team there is down to less half what I was a part of about two years ago.
As for the customers... well, they couldn't be more angry with the direction the IT department had taken since about 2001. They have to deal with delays to communicate (given the time difference, and plentiful holidays), and often get products questionable in quality for which the blame goes to the hiring process (high employee turnover, higher pay for lower experience among some of the compromises) and poor communication processes between various teams, including delays. As offshore employees gain experience, protectionism is put in place to ensure they don't leave the job and move to another company (with as many opportunities as they have).
1) Obama cannot stop outsourcing. The only thing he can do is encourage US manufacturing and/or discourage companies from going overseas. This can take a few years. He cannot force immediately anyone to do anything, as some posters suggest.
Yep. This is similar to giving companies subsidies/tax breaks to have them open offices/facilities with the assumption that they will contribute to the local economy by hiring locals and producing goods/services here. When companies don't do that, but still take advantage of those incentives, there should be a way to repeal the benefits. Sometimes companies go as far as creating a one person office to get such incentives.
Just look at all the republicans in this thread celebrating
well even though I went 3rd party this time my history is of one and it sounds good to me although Democrats are in bed with lobbyists for outsourcing also,can you say the name "Clintons".
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