Outsourcing: It's Class Warfare, Stupid !!

you've lost your job ... your company shipped it off to India ... not to worry ... outsourcing is good for our economy ...

makes sense, doesn't it ??? you're just bitter because you might lose your house, your financial security, your family, your retirement account, your dreams for the future ... get over it you whiner ... everyone knows outsourcing is good for the economy ...

are these people for real ???

outsourcing is class warfare, plain and simple ... the management "hit men" are pressured by the very wealthiest, most powerful stockholders to squeeze every possible penny out of the corporation ... a popular retort is to say that x% of Americans own stock so outsourcing benefits everyone ... give me a break ... if you're a wee little tiny stockholder, your share price might creep up a little IF outsourcing reduces labor costs ... how many of the x% would give up their jobs to earn an extra 5 or 10% on their stock investments?

the argument is total bullshit ... the only people who don't care about the fate of the American worker and your job are the wealthy, ruling class ... it's not every wealthy investor who is the enemy; just those without a conscience ...

Highest paid, least useful. Seems like a win-win to me. It would definitely improve the bottom line of the company, plus we may actually get people in that know what the F**k they're doing.



:shrug:

there's an expression "a fish rots from the head" ...

the point of my post was to highlight that even company executives are just "hit men" serving the handful of stockholders who control the power in large corporations ...

whether executives are competent or not, they are certainly seriously overpaid ... the relationship between average worker pay and average CEO pay is way out of control ... the solution isn't getting rid of executives (although I can think of a few I'd be happy to get rid of), the solution is to protect workers from greedy corporations that don't give a damn what happens to them ...

(on edit, it was a rhetorical question)

I understood your point. I was underlining how vacuous and self-serving the premise that underpins outsourcing is.

Its like Col. Sanders explaining to the chickens how we all have a part to play to make the company more profitable.

your chickens are an excellent example of the point i was making ...

No more unions,no more white collar tech jobs,even the states are oursourcing.

My parents and grandparents must be rolling over in their graves because they believed if you worked hard you could make a nice life for yourself.

No more.

I grew up in a fairly conservative area where a bunch of people believed that if they worked hard that they would have a nice life. They looked down on people on welfare and complained about social programs. After all, all that people needed to do was to work hard.
Now in that area unemployment is at about 10%. Several of the better paying factories have closed or layed many people off. At one of those factories, the execuitives told the employees that if they were more efficient that they would save their jobs. For the next several months, production records were constantly being set. Then they were informed that they all did very well but that most of their jobs were being taken to Mexico anyway. Two thirds of the factory, which was anyone who had been there less than 20 years was layed off. All that is really left now for factory jobs pay less than half of what they made.
"People are poor because they are lazy."
Did they ever think how much that hurts for people who bought into that until it happned to them and most people who they grew up with?

Of course the Dems don't always do right by the working folks either. I guess you got to kiss some corporate asses to raise money for re-election.

The employment rate of college grads has been falling since 2000

http://www.epinet.org/content.cfm/webfeatures_snapshots_archive_05132003

this is NOT about generational conflict ... high unemployment rates among college graduates should not be blamed on the older population ... it's important that those of us on the left understand we're all on the same team ...

also, please understand that there are many horrors confronting older workers ... many in their 50's and 60's are being laid off and are finding it very difficult to get rehired ... ever ... older workers often come with higher pricetags after a lifetime of pay increases and promotions ... many companies just don't want to pay for them anymore ...

the point of all this is that when the ruling class exports our jobs, there are fewer jobs for all ... and this applies to both younger and older workers ...

corporate treasury as a piggy bank that they can loot at will.When the corporate profits start to hit the skids, the CEOs speed up their looting before the corporation goes bankrupt.In more traditional societies like Japan, China and India such a behavior would produce so much ostracism that the CEO in some cases will have to commit Hara-Kiri for having dishonred his employyes.Tell that to our people who come to their employement with all the best intentions in the world and get screwed over and over again.

There's the one about how stuff is cheaper when you outsource. Bullshit. Noticed anything getting cheaper?

So, we can either buy 20% less 'stuff', most of which we probably don't 'need' anyway, and have jobs. Or, all this 'stuff' can be 20% cheaper for those few remaining with jobs.

As Lou Dobbs said tonight in response to the Cisco CEO saying that he wants Cisco systems to be a 'truly Chinese company', "Oh Jesus" (Cisco is training 10's of thousands of Chinese university students.)

let's say labor costs are reduced by 20% ...

corporations have several options on what to do with the savings ... one thing they could do, as you correctly pointed out, is reduce their prices to reflect the reduction in cost ...

and your point that those without jobs will not likely be customers is also valid ... in fact, it's not just those who lost their jobs but those who might lose their jobs ... when America loses jobs, consumer confidence declines ...

but there are other possibilities for the reduction in labor costs ... companies could hire even more foreign workers or they could purchase new factories or new equipment ... or, they could distribute any increased profits back to the shareholders ... of course, what they often do is just pay another hundred million or so to the CEO ... either way, American workers get screwed ... and somebody's making a buck ...

it's an interesting thing how unpopular unions have become over the last 30 or 40 years ... it seems to me that this trend needs to be reversed ... white collar workers don't understand this yet ... when things get bad enough, they will ...

standard argument back at them. The argument being that offshoring results in cheaper 'stuff'.

are offshored.

And when the collapse comes, I am sure the GOP, the party of greed and racism, will redirect the ire of the masses to the poor immigrants who came here only to improve their lives, and are probably as much a victim of GOP policies as those offshored from their jobs.

Democratic Ranking member Kent Conrad
http://budget.senate.gov/democratic/index.html

was on the floor yesterday and did a FANTASTIC presentation of what is going on with all the loans we owe to foreign countries. Point is when you owe that much to other countries, they have a lot of leverage to trade. Please read his speech. Also his charts are great.