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 -- Ignore unavailable to you. Want to Upgrade?

To: ThirdEye who wrote (542254)2/18/2004 8:56:57 PM
From: sea_biscuit  Read Replies (1) | Respond to of 769670
 
Actually the weaker the dollar gets, the more costly it becomes to pay someone the same amount of rupees in India. People are praying for the Rupee/dollar ratio to go down to something like 38/1 (from the current 45/1) so that the job losses will at least slow down.

And yes, the tax cuts aren't outsourcing jobs to India. Rather, it is those who are outsourcing jobs to India, are the ones that benefit most from the tax cuts.



To: ThirdEye who wrote (542254)2/18/2004 9:00:19 PM
From: Orcastraiter  Respond to of 769670
 
Outsourcing is happening not because of the weak dollar. It happens because of cheap foreign labor.

Your argument about the weak dollar doesn't make sense with regard to outsourcing. Though I agree a weak dollar helps to hold down the trade deficit.

I hope we never see the day that the dollar falls far enough that US labor is competitive with third world labor costs.

Orca


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News