IT outsourcing in US to increase at 5.9%

[OhioChick]

NEW YORK: The American IT outsourcing market is expected to increase at a compound annual growth rate of 5.9 per cent, from 13.3 billion dollars in 2006 to 17.7 billion dollars by 2011, a new report has said.

There will be continued shift within federal market away from a government-owned, government-operated model towards a contract-operated approach, the report said.

This shift, it says, is fuelled by the impending federal IT workforce shortage, war in Iraq, and federal contract spending slowdown.

The report has been prepared by INPUT which helps companies develop federal, state, and local government business and counts 1,300 members, including small specialised companies, new entrants to the public sector and the largest government contractors and agencies.

http://timesofindia.indiatimes.com/NEWS/Intl_Business/IT_outsourcing_in_US_to_increase_at_59/articleshow/1625772.cms

[MikeNearMcChord]

1. Outlaw Outsourcing or make the tax punishmets severe

on the investment and the income levels. No mercy, no pity!:mad: :argh: :grr: :nuke:

[Aviation Pro]

2. And make it onerous too....

...like 150% of the outsource flow (outsource 17.7 billion, pay 25 billion in tax. Not so cheap now, isn't it bucko?).

[Rydz777]

3. Speaking of outsourcing

Sen Evan Bayh (D-In) says that electronic components of our "smart bombs" are imported from China. Go figure.

[OhioChick]

4. Note in the article

that the reason for the outsourcing increase is due to the retirement of baby boomers.

Funny...I work with over a hundred people and none are baby boomers.