SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (518008)12/31/2003 3:51:05 PM
From: Lizzie Tudor  Read Replies (1) of 769670
 
The point in this offshoring debate is that we brought all these foreign workers here on work visas in the 90s, primarily as a way to control escalating costs of the US labor force. Then, when the tech bust hit, thousands of these people went back home with their knowledge of US business, and contacts. Now, we have given away the entire industry. Had we kept the knowledge base here, where it belongs, we would have been better off. But the cat is out of the bag now.

The one saving grace in all this is that if you look at companies that have set up huge offshore R&D operations, like Intel for example, they are getting their butts kicked on the design front. These offshore facilities are not up to par- YET. Maybe we can reel some of this work back in. But its hard to make an argument for allowing this to happen in the future, with some new industry.

Conservatives are all for free markets until 1) they have to pay more for labor (hence the work visas) or 2) it cuts into their profit picture (drug companies)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News