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bsharma writes "The next round of globalization is sending upscale jobs offshore. They include basic research, chip design, engineering--even financial analysis. Can America lose these jobs and still prosper? Who wins? Who loses?" News.com has a related story about outsourcing.
Another xenophobic story about 'danged furriners takin all me jobs'. Outsourcing, removing obstacles to immigration, and generally allowing people to hire who they want where they want has been shown to be such a universally good thing for all economies involved. I'm getting tired of people whining to the government for new laws because they are undereducated/unmotivated. This is just too convenient of a copout.
You know, one of the founding principles of your great facist^H^H^H^H^H^Hdemocratic nation. Translation "profit at all costs." Why would a profit driven American company hire an incompetent, lazy MCSE moron in-country when they can hire a more intelligent, harder worker for less money in India?
Because Unions are evil and communist and un-American. Haven't you been listening to the mass media?
Unless workers compete with each other and with sweatshop slaves, stockholder value might be slightly lessened. Don't you know it's un-patriotic not to accept a pay cut, or to refuse to work twice as hard when half your co-workers have been right-sized on to the strreet?
And don't even think of pointing out that CEOs' pay increases exponentially even as the middle class becomes destitute. That's just the natural order, and you're a traitor if you don't pledge allegiance to the president. It's your own damned fault if your skin is the wrong color or your daddy isn't a millionaire.