ANSWERS: 3
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Agree Outsourcing of jobs only helps the Mega corporations profits and ultimately do hurt the economy on a global scale. Imagine a company outsourcing jobs to India from the US. People in India get hired at a fraction of the hourly/salaried wage of the US employee. The US customers of this company are irritated by the cultural differences and performance of the employees in India. By no fault of the employees in India. They are just doing the job they were hired to do. The customer base of the US corporation starts to suffer and the profits drop. So this seemingly innocent decision of the US company puts them in the position of making another decision based on there profit margins. They can either pull jobs from India, effecting the Indian economy and putting Indians out of work. Bringing the jobs back to the US. Or they could try and outsource the jobs to another country, say the Philippines. Where they may be able to hire employees at a lower price than India or the US. So this simple decision has a rippling effect to many.
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This is bad for the economy of the country that is containing the company who is outsourcing, but it is good for the economy of the country it is sending the work too. disagree... because many of these super powers do outsource... to say that that none of them did would be hard to believe. yes it is hurting the economy but it is making their pockets explode.
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Agree 100%, that is why I do not like Reganomics and do not agree with McCain. It's totally outdated and I do not trust the corporations since they are no longer completely run by American moguls anymore.
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