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Labor Department Downplays Offshoring
twitter writes "The New York Times is reporting the US Labor Department's first assessment of International Offshoring. The report claims that less than 3% of Q1 2004 jobs were lost to offshoring. Companies were asked if workers had been replaced and taken at their word. A Federal Reserve governor is also quoted as dissmissive. Estimates by Goldman Sachs are 20 times higher. Despite Washington's IP fetish, no one quoted is worried about the export of US research and knowhow. Your job and 830,000 others are gone."
But, but, but, according to GWB's webpage there have been four million jobs added since August! He told me he's optimistic about America because he believes in the people of America!
A new report released yesterday by the Labor Department on mass layoffs found that in the first quarter of this year, 4,633 workers were laid off because their jobs were moved overseas, a mere 2.5 percent of the total of 182,456 longer-term job losses reported by companies in the period.
Excuse me but zero jobs should be lost to overseas workers. You know why? Because companies that do this should be taxed to hell and back for doing it. Make it so fucking unattractive that the companies will NEVER even consider a foreign worker cheaper than a US native. I have a feeling that the person currently running the show wouldn't ever think of THAT. Remember he's optimistic about furthering his "base" of the "have mores".
Vote Bush/Cheney in '84 and you too can be optimistic and believe in the people of America!
At which point they will be outsourced even faster.
As an outsider looking in, it is really sad to see a formerly great country sinking so low.
Funny. That's how I feel when I look at places like France, where the 'world's greatest healthcare system' can't even handle a heatwave without a body-count in the 1,000's, and who jumps into bed with dictator's to try and save their failing socialist economy at the expense of others.
Oh well. It's not my fault!
**>>BELCH
What else would you expect from the New York Times? That paper is so far to the Left that printing anything else would be grounds for losing your job. The NYT drips of rhetoric, lies, half-truths, and bias to such an extent that anything printed there must be taken with a grain of salt and a shot of Vodka - maybe two.
They're printing this soley because the people who work there are Bush-haters; They want to demoralize everyone to make them hate Bush. I don't care if you hate Bush or if you agree or disagree with his policies, but being part of the news media means you have a reponsibility to provide the entire story without bias. There's an editorial page for a reason - the rest of the paper should be the full story, straight fact.
The missing part of the story is mentioned above: The massive amount of jobs GAINED through IN-Sourcing. Right now the American economy is growing like crazy, but the mainstream media refuses to report on this and instead keeps painting Doom and Gloom.
Love sees no species.