People May Change Their Mind About Outsourcing

[pbca]

Ford just sold Jaguar and Land Rover to an Indian auto maker - when India and China own the manufacturing companies 'outsourcing' (meaning doing the work outside India and China) might become a good thing.

http://www.guardian.co.uk/feedarticle?id=7410509

[Greyhound]

1. Ooo, this could be good.

:popcorn:

[Ganja Ninja]

2. China and India have such a huge mass of humanity that it ...

will be a long time before they have to outsource jobs back to us. And I'd be willing to bet we won't be their first choice.

[pbca]

3. If it gives you any hope

they are leaving the Land Rover and Jag. plants in Britain.

[HughBeaumont]

4. A race to the bottom is never a good thing.

Giving money to one class of people no matter what side of the pond they're on while grossly exploiting (notice I'm using the term grossly because when it comes down to it, we're all being exploited . . . just some more than others) their workforce or firing them altogether for not being cheap enough is detrimental to the economy and long term future of this country.

[PVnRT]

5. It's funny..

The same libertarian types who defend outsourcing and the race to the bottom decry communism because it woud "force everyone to make the same amount of money." Weird.

[HughBeaumont]

9. Not only do they defend offshoring . . . .

They're also against social safety nets of any kind and see no problem watching a fired worker be left in the lurch. Times about a few million, that spells a deteriorating economy.

Isn't Capital L Libertarianism an amalgam of the worst aspects of all political parties combined into one loathsome package?

[Jim__]

6. Why would it be a good thing?

Where would India and China outsource to? The US? Not until the US work force has been broken down to working for slave wages.

[pbca]

7. Not quite

I haven't seen any studies on India but wages in China are rising faster than anywhere in the world. There is still alot of poverty, but there is a growing middle class which is part of what has lead to China's increasing appetite for oil and other resources, as well as finished products. There are 10x more cars in China than there were a decade ago.

So there will come a point where wages between China and the US are somewhat in balance and not necessarily at the 'slave' level.

[Jim__]

8. When Chinese wages are equivalent to ours ...

... we won't be outsourcing to Chine, nor them to us.

Please don't tell me about increasing Chinese wages. I work with engineers in China. I know how they live. Yes, their wages may be higher than a few years ago, but they're still a pittance compared to American wages.