It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Well you better hope you've ridden on our coattails and on our pains long enough to be able to carry on without us
Originally posted by Merigold That is capitalism.
No one knows how many service jobs have been outsourced abroad, because U.S. companies are not required to maintain such statistics. And, if outsourcing leads to the creation of jobs elsewhere in the economy, as many economists argue, that is also difficult to quantify. Most estimates of U.S. jobs lost come from consulting companies or industry groups directly involved in outsourcing. Boston-based consultancy Forrester estimates that 400,000 service jobs have been lost to offshoring since 2000, with jobs leaving at a rate of 12,000 to 15,000 per month, says John McCarthy, the company's director of research. Other estimates say up to 20,000 jobs a month may be moving overseas. This is in addition to the 2 million manufacturing jobs that are estimated to have moved offshore since 1983. These numbers are predicted to rise. Management consulting firm McKinsey & Company's economic think tank, the McKinsey Global Institute, predicts that white-collar offshoring will increase at a rate of 30 percent to 40 percent over the next five years. By 2015, Forrester predicts, roughly 3.3 million service jobs will have moved offshore, including 1.7 million "back office" jobs such as payroll processing and accounting, and 473,000 jobs in the information technology industry.
Originally posted by ChristinaA
To compete with China, all we have to do is allow businesses to pay workers next to nothing.
Originally posted by tothetenthpower
What are you talking about?
America put herself in this situation with years of mismanaged budgets and borrowing money from China.
China was minding it's own business until AMERICA decided to outsource jobs to them along with India, and then when we realized that they couln't keep jobs anymore because of the outsourcing, they borrowed billions from China.
China is keeping the US afloat right now. Don't bite the hand that feeds you. You should be waging a war against your government and the corrupt offficials who got you into this mess in the first place.
Originally posted by sapien82
China is only playing by the rules that your country follows