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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: dave rose who wrote (9460)3/8/2003 4:12:59 PM
From: Lizzie TudorRead Replies (2) of 306849
 
My daughter works for IBM and outsourcing for software is almost 90%, mostly to India.

<<<The advantage increases with the absence of tort lawyer extortions and harassing and fining IRS, EPA, OSHA, EEOC and other regulatory bureaucracies, whose budgets demand a never-ending supply of wrongdoers to be penalized.>>

I think this will be the straw that will really cause our downfall. I cannot imagine starting a business or expanding one if you could locate in a country where they do not harass you with these kind of handicaps.


What do you mean by "straw that causes our downfall"?

India has the one of the most corrupt, paperwork-laden business climates in the world. Its one thing to outsource labor there, quite another to try to actually start a business.

I actually think outsourcing tech tasks to india is good for business, and its looking like H1-Bs are a thing of the past (if the work is commodity it goes offshore, no reason to bring over an H1 or this L1 thing from tata).

I'm more ok with sending work offshore than importing people here to work temporarily under the guise of some "shortage". The work that needs to be done here (and there is a lot of it, especially the "business analyst" role) will have to be paid at US rates, for people that have the cost of living here. The H1-Bs were skirting this fact, allowing people to physically exist here but with living standards far below US standards- that wasn't fair.
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