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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (8824)7/7/2004 4:36:08 PM
From: ChrisJP  Read Replies (1) of 116555
 
Outsourcing engineering --

I think this is one area that is slightly different that other outsourcing areas.

The big problem with engineering in the USA is that its a very difficult 4-year degree and it doesn't position you for the stratospheric pay like Law and MBAs do.

So most American kids aren't interested in engineering cuz it doesn't lead to a job where you can BS and shmooze your way up the pay scale. Why become an engineer when you can make 6 figures as a home refinancing loan officer ?

So where are companies to go to find good engineering talent ? Offshore.

Although I'm sure engineers in India are cheaper than US engineers, its not to the same degree as factory workers in India/China compared to factory workers here.

Chris "Engineering Degree" JP
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