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Outsourcing As A Source Of U.S. Jobs

An anonymous reader writes "The Economic Times, India's leading financial newspaper, reports that Diana Farrell, Director, McKinsey Global Institute during her speech at Nasscom 2004 said that Bureau of Labour Statistics is predicting a job gain of 22m in the US by 2010, against a job loss of 2m, due to offshoring. You can read the full article here."

7 of 948 comments (clear)

  1. Oh yeah... by Kid+Zero · · Score: 0, Flamebait

    The Indians are pushing hard in congress and elsewhere to keep the US from seeing what a massive mistake outsourcing the US job market is. All this is is part of that plan to keep the jobs flowing their way and to gut the USA.

  2. things are bad by Doc+Ruby · · Score: 1, Flamebait

    The Bush stats aren't the facts, they're the propaganda. Your angry denial works just as well when describing your willful ignorance of the additional facts in the posts that you merely deny. Why do you like the growth of the vast multitude of unemployed and underemployed? Why are you so sure of your own job? Do you work for the RNC? Better get your check while there's still money left in the Treasury to loot, or get your head out of the sand and help do something about the lies and misleadership.

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    1. Re:things are bad by Doc+Ruby · · Score: 1, Flamebait

      In spite of the corporate profit lies emanating from Houston, TX and "Clinton", MS (Bush country if ever there was any), Clinton presided over the greatest wealth creation ever seen, possibly short of the aftermath of inventing fire, or maybe the calendar in Egypt. That Reagan/Bush ginormous debt was paid off to a surplus under Clinton's 8 long years of management, no thanks to the Republicans who loot the Treasury at every opoprtunity, hiding their tracks with doublespeak smokescreens of "fiscal responsibility". There's nothing
      responsible", fiscally or otherwise, about the Republicans, unless you mean "guilty" - every Republican administration has been marked by severe Constitutional crises, recessions, wars, and stakes through the heart of the American spirit.

      Don't take so much umbrage at the language in my posts required to keep the foggyminded critics, to whom I'm directly replying, focused on the facts without slipping into denial. At least you recognize the actual conflict: corporations are 1st class citizens, while people are left to pick over their refuse. But democracy isn't a spectator sport, best left to experts. Its strength lies in the tiny ties that bind real people. By just thinking through these issues with an eye to the facts, and your actual interest in selfpreservation, you're doing more than the mediacracy would rather. And by talking with your friends about what really concerns you, instead of the manufactured issues and spin from the pundit class, you bias the national agenda in favor of people, which is what keeps this country rolling forward in spite of the odds stacked against it.

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  3. Re:Some more statistics on the subject by kir · · Score: 0, Flamebait

    I know alot of engineers who are flipping burgers and selling stereos burdened by student loans

    Wait... I thought all the illegal immigrants had those jobs?

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  4. Re:But what *kind* of jobs? by Zarf · · Score: 0, Flamebait

    Sometimes I get the feeling that to these economists going from being a skilled worker to a Deliverator is acceptable as long as I'm employed.

    Yes, it is. These economists don't care a whit about your particular situation. You have to deal with your situation because no one else will. It's not the Economist's job to figure out how to bring back the dot-com bubble.

    Tighten your belt and get a second skill set. Network with the people you take classes with... that you work with... ect. You may be in the position to start moving toward a chem degree and may have more connections than you realize. Monster isn't getting you a job in this economy and neither is having one skill set.

    When I taught undergrads I would tell them that if they could they should double up their degrees. Get Computer Science and something... anything else. Too bad I didn't take my own advice! Go get your chem degree if you can, go back with no major and just take course work toward it... go part time... but do it if you can.

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  5. Re:Some more statistics on the subject by Azghoul · · Score: 0, Flamebait

    LOL. Well, I guess if you haven't seen it, it isn't true...

    At least the grandparent posted some sources, which is better than spouting leftist dire rhetoric like the majority around here.

  6. Re:The rich, backwards by Azghoul · · Score: 0, Flamebait

    Capital gains tax DOES mean something, you nitwit. Someday when you make enough money to invest you'll understand that. A 5% change in the tax rate makes a huge difference in whether or not a particular investment is considered successful or not.

    Your arguments make so little sense I don't know where to begin. The world will be hurt if jobs are created in India or the "fantastically booming" Canada?