>Rather than address the root cause of the jobs crisis, which was offshoring, an offshoot of globalization which is untouchable right wing dogma, >
Globalization did not happen with Bush. What was happening for 50 years with manufacturing outsourcing to Japan, Germany, South Korea, Taiwan, Mexico? You may be feeling it more because, this time it happened to technology services. But the numbers in technology services outsourcing are tiny compared to what happened in manufacturing. In the last 20 years, the IT and BPO companies have only created 2 million jobs in India. And truly only 1 million as the indian workforce works at half the efficiency. So at most 1 million jobs have been taken away from the developed nations over 20 years. That is about 50,000 a year. On the other hand, Indians have purchased 400 million cell phones and associated infrastructure, and hundreds of Boeing and Airbus planes over the last 10 years creating jobs in Seattle, San Diego and Silicon Valley. The net effect to all developed nations- a loss of say 25,000 jobs a year, maybe not even that.
So why make such a big deal?
-Arun |
