I suppose this should go here, but I really do not think of it as conspiracy.
So, here goes.
We know that HP dumped 30,000 jobs in the US and moved them to China and India. That is fact.
To move jobs to China, a company must train personnel, construct a location to conduct the business AND provide for the infrastructure (utilities) to support the business. The training is extensive because the country is / was not technilogically savy.
India was a different matter. The tech foundation was in place. The facilities may have been in place.
The cost of product would differ based on the factors of elevating the work force, providing the facilities, etc.
But where I am going with this is that it all cost money and where would HP or any other company outsourcing that many jobs get money - banks.
If that is true, and I think it may be, then our own funds have bought our demise.
As I said, this is theory - with a few facts but can others add to this little uh - molehill?
I do think that a company could expand overseas but to take jobs as an export, the company whould not do it with our money.
This may also be one of the reasons that American banks have little money to lend to mainstreet business.
So, here goes.
We know that HP dumped 30,000 jobs in the US and moved them to China and India. That is fact.
To move jobs to China, a company must train personnel, construct a location to conduct the business AND provide for the infrastructure (utilities) to support the business. The training is extensive because the country is / was not technilogically savy.
India was a different matter. The tech foundation was in place. The facilities may have been in place.
The cost of product would differ based on the factors of elevating the work force, providing the facilities, etc.
But where I am going with this is that it all cost money and where would HP or any other company outsourcing that many jobs get money - banks.
If that is true, and I think it may be, then our own funds have bought our demise.
As I said, this is theory - with a few facts but can others add to this little uh - molehill?
I do think that a company could expand overseas but to take jobs as an export, the company whould not do it with our money.
This may also be one of the reasons that American banks have little money to lend to mainstreet business.