Why do we never hear about other countries that outsource to the U.S?
There are so many foreign companies that have opened plants and various facilities here, from car companies to toy factories, but we only hear about what we outsource. We often blame Obama for sending jobs overseas, but don't bring up the jobs he attracts. I'm not taking sides, but it doesn't seem fair. Please state facts; not generalities.
Seriously I doubt there are any outsourced jobs from US to other country. There are contractors, but I don't think outsourcing. You couldn't get an American to work for $1.00 an hour. Really, I'm speaking out of turn because I don't know actual figures. I just know Americans outsource to other countries because they save a buck.
This is another thing about our media that irritates me. In my state there are numerous manufacturing facilities from Germany that have set up. I wouldn't necessarily give credit to Obama because our governor has gone overseas to fight for these jobs, but none the less why doesn't it make national media like all the "outsourcing' does? BMW has a large facility here. It's great for our local economy. They continue to add on and bring more jobs. This makes it to the local news then we never hear about it again.
People are so busy thinking that no one would bring jobs here (because they think this is the greatest nation), when in reality USA workers are cheaper than many of the countries bringing jobs here.
A little quote I found interesting "In 2010, Germany produced more than 5.5 million automobiles; the U.S produced 2.7 million. At the same time, the average auto worker in Germany made $67.14 per hour in salary in benefits; the average one in the U.S. made $33.77 per hour. Yet Germany’s big three car companies—BMW, Daimler (Mercedes-Benz), and Volkswagen—are very profitable....more."
Countries don't outsource or insource jobs...Companies do. This a very global economy. Jobs will go wherever it makes the most sense for them to go based on numerous factors. Among them is the cost of labor, energy and levels of taxation. In many cases because of our vastly diverse financial system, many foreign companies have opted to do business here in the US. As an Example, TD Bank, which is the second largest Canadian bank has expanded rapidly in recent years across the US. On the automotive side, Toyota sells more cars in the US than in Japan. And they are manufactured by US workers in the US. In other areas, mainly manufacturing, the US has not been competitive as a result of some of our labor restrictions. Yet as we become more energy independent, the cost of labor may become less relevant. The point is that capital goes where it is most welcome. The only thing elected officials can do to promote insourcing of jobs created by foreign companies, is to make the US a place that people want to do business in. While in some area's we are attractive, for the most part, we've become less competitive and attractive in an anti business climate. Don't point the finger at the company. They are only doing what they are supposed to do. Make a profit for their shareholders in the most efficient way possible. It's our elected leaders who too often do a bad job of attracting foreign investment.
by sandra rinck 17 years ago
If you haven't yet heard, Obama is planning on outsoursing with India. This is a red flag to me, not because I don't like India or anything like that, but come on...isn't that furthering the decline of the dollar, isn't that costing Americans jobs, isn't this a bad thing?
by oldandwise 13 years ago
Does anyone know Romney's accomplishments in job creations? He says he brings a business approach to creating new jobs, but all he talks about is the Olympics. Would be interested to know what other accomplishments he had, and how many jobs he really created.
by ahorseback 6 years ago
*Laying off or firing thousands of US workers , ATT cuts 16,000 jobs , IBM 30,000 + to give jobs more than likely to foreign nationals who work cheaper . Where is the liberal outrage ?Or are these liber companies ?*Breitbart
by peanutroaster 12 years ago
In what ways is Mitt Romney worse than George W. Bush?I'll start off the discussion with a few observations: 1. He actually profits from shipping jobs to China. 2. No one in his family ever served in the armed forces and he's doesn't even appear to care about veterans. I could go...
by Susan Reid 14 years ago
The jobs report that came out today is dismal.Employers added only 18,000 jobs.Government shed 39,000 jobs.And here's the kicker: "Two years after the recession officially ended, companies are adding fewer workers despite record cash stockpiles and healthy profit margins."So clearly, the...
by El Shaddai 2016 9 years ago
Why do so many people support an increase to minimum wage?I will be the first to tell you that we should help as many people as we can, within reason. Minimum wage jobs are not meant for those with families. Minimum wage jobs should be temporary and/or for college students. ...
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