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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (18055)11/29/2003 9:26:07 AM
From: quehubo  Read Replies (1) | Respond to of 793669
 
After terrorism, my guess is the lack of job growth in decent paying industries will be Bush's biggest challenge his next term.

I am quite alarmed that when I deal with GE both for business and personal interactions I am dealing with a customer service person in India. When I buy a GE refrigerator that fails in 3 months, I call India so they can contact the local repair center 5 miles away.

What alarms me is that as the global economic pie grows the world should be a better place, but its just that for many US citizens their piece of the economic pie is getting smaller.

As corporations outsource skilled and unskilled work overseas you will see more capable people begging for jobs at Wallmart or just unemployed.

I would much rather pay a little more for the refrigerator and keep an unskilled US citizen employed in a customer service job. Now I pay less for the refrigerator and more taxes to support the unemployed.

Well with traditional service and manufacturing jobs going to the low cost bidder, many in the US will find that the military will offer a promising careers in the one service job that no other country wants to provide.

I dont know the answer, but politicians will be on the receiving end of more and more heat from voters.
As corporations move operations overseas not only will we lose personal income taxes we will loose corporate income taxes.



To: LindyBill who wrote (18055)11/29/2003 5:57:33 PM
From: kumar  Read Replies (1) | Respond to of 793669
 
Interesting view from the Indian PM on the outsourcing of work to India by western companies :

timesofindia.indiatimes.com