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To: rkral who wrote (65728)7/3/2004 10:10:24 AM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Ouch! I would disagree with that report when I think of U.S. tech workers, but it's probably true wrt manufacturing workers. Manufacturing workers are usually in unions in the U.S. and they are incented to goof around and cost companies a heck of a lot. Whereas, U.S. tech workers in my opinion are better educated than their overseas counterparts. Unfortunately, U.S. tech workers are overpaid, which makes overseas tech workers a good deal. I think that once a balance is struck, meaning that tech worker wages come down enough, then the offshoring won't be as pronounced.

However, one thing I think all companies need to start thinking about is how are they going to replace all the aging baby boomers when they retire? It's clear that U.S. workers alone won't be enough, if companies want to continue growing. Either immigration or massive offshoring will be necessary to offset the lack of growth in the U.S. civiliab labor force in the coming years.



To: rkral who wrote (65728)7/4/2004 6:11:23 AM
From: Lizzie Tudor  Respond to of 77400
 
yeah,
the report also cites a view among U.S. executives that the quality of American workers is deteriorating.

For one thing I think most of these studies look at cost as well as quality of the workforce, and then you get the US healthcare system built into the mix which unfairly penalizes anybody who lives here. Plus our exhorbinate payroll tax system - add it all up and it costs double to hire someone here vs overseas just to pay for all this "overhead".

I have no doubt that the lingering fear of starvation that affects workers in rural china is a pretty significant motivator for some poor slob to do pretty much anything to hang on to his job when some US company comes to the local chinese province to set up shop. The question is whether we as a society want to exploit the unfortunate circumstances in the world and blame the citizens of the west because they are not suffering.

We don't ask CEOs and executives, or US government officials to compete with 3rd world executives or government officials in terms of pay or productivity- if we did, our CEOs would LOSE. We have the most innefficient management ROI in the world in the US. This is blatantly obvious to most US citizens. It doesn't mean our companies fail, because they are a part of an overall system that works. I have never seen a CEO apologize for their individual sense of entitlement that they were born in the USA and as such allowed to perform rather poorly and reap tremendous rewards for doing so. This same pov should apply to the workforce but somehow these same individuals feel it should not.

I expect some changes to tax law in the US in the next decade as a result of all this globalization. Corporate taxes will be raised and worker taxes lowered. Of course there is always the corporate lobby to try to counter these things but it won't work this time because the country is broke, in large part due to all this outsourcing which was never in plan when corp taxes were lowered to 1930s levels.



To: rkral who wrote (65728)7/5/2004 9:47:34 PM
From: Paul V.  Read Replies (1) | Respond to of 77400
 
rkral, This afternoon, at the YMCA, I spoke with a promoter for the livestock industry who travels the World selling cattle and pigs to foreign countries. He just returned from Russia and the Urcrane. It is amazing his take on what is happening World wide. He indicated than even Mexico is loosing business to China because the labor cost is cheaper. He indicated that Mexico is upset with this loss of jobs. IMO, it will be years (decades) before we see an equalization of wages, salaries and fringe benefits World wide. This morning on MSNBC, one of the programs indicated that the India middle class is now larger than the whole US population. Therefore, with China and India in the equasion the supply of qualified people will far exceed the demand for the changing market.

Just my opinion.

Paul