Slashdot Mirror
Globalization Decimating US I.T. Jobs
mrraven writes, "According to Ronald Reagan's former deputy secretary of the treasury in this
article in Counterpunch, globalization is destroying US I.T. jobs. From the article: 'During the past five years (January 01 – January 06), the information sector of the US economy lost 644,000 jobs, or 17.4 per cent of its work force. Computer systems design and related work lost 105,000 jobs, or 8.5 per cent of its work force. Clearly, jobs offshoring is not creating jobs in computers and information technology.'" Paul Craig Roberts quotes a number of formerly pro-globalization economists who are now seeing the light of the harrowing of the US middle class. It's not limited to I.T. Roberts quotes one recanting economist, Alan Blinder, as saying that 42–56 million American service-sector jobs are susceptible to offshoring.
Well.. isn't this a nice post...
I'll ignore all the disgusting insinuations about : my age, my education, my intelligence, etc.. etc.. and get to the points you seem to miss:
The number one fallacy they outline in INTRO level econ courses is that "greatest efficiency" or "greatest competition" is not necessarily the goal of economics.
It is to be used as a tool for analysis and formulation of policies.
To make my point crystal clear.. the most efficient cost of production is zero.. in other words slavery.. you can't get much cheaper labor than that.. maybe we should simply skip all these pussyfooting baby steps and just reinstitute serfdom as it was in the middle ages.
btw.. you're speaking to someone with a degree in economics.. and given the abusive tone in your post I think anyone would agree with me when I tell you to STFU and GTFO
VLC FOR MAC IS DYING! IF YOU DEVELOP, PLEASE SAVE IT!!
Just another example of how USA has become a 1st world economy and a 3rd world society.
If you mod me down, I *will* introduce you to my sister!
Does the "Arab street" really believe the average American is dumb enough to believe that line of shit? When you vote for suicide bombers, I'll vote for those who support nuking your country.