If your company does this, its contributing to one of the causative factors for the higher unemployment rate.
I am a consultant.
Lizzy...that doesn't make sense. Bush doesn't make the decisions for your company on hiring offshore labor. Nor for any other company to do it either.
It does make sense, if you look at who pays most of the taxes in US, including payroll taxes, because of course the government is spending every cent they get on wars and tax cuts and pork. The US worker on top of already high federal and state taxes pays an additional 14+ K into social security every year. This social security tax is in effect a tax on the working class that the "leisure class" or investors don't have to pay. Of course we all know that Social security is a meaningless expense for anyone under 40, and I can assure you most working professionals want out of it. Bush has done nothing to assist in the inequity of taxation against workers vs. capital, in fact he has worsened the disparity with dividend tax cuts, consequently for a US corporation to hire a US worker they are overburdened with expense, the decks are stacked against the US.
Additionally, by running up the Federal budget deficit with reckless abandon we are not in as strong a position to negotiate with the Chinese to revalue the Yuan, which currently is pegged at 1994 levels (about half of where it should be if you floated it true value against the dollar). This hurts workers most.
Finally, the visa laws are a license for US corps to remove any reliance on US workers. Anyone can see we don't need more foreign work visas, of any kind, now. And yet Bush supports them (see my prior post), why? Because multinationals need visas, not because they are short staffed (as they claim) but because companies like Intel use these workers as sort of "liasons" that can go back to the home country and show local workers the ropes. This is legal, but unethical.
Bush hopes that enough service level (low paying) jobs can be created so that he can be re-elected, while at the same time he persues these disruptive tactics, imho. We'll see how it works out. |
