Outsourcing of Jobs - Liberal or conservative idea?

Above is another brainfart from our resident economic dunce.

Patrick said:

Above is another brainfart from our resident economic dunce.

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http://www.politicalfray.com/showthread.php?t=2727

Read it. This sort of post will no longer be tolerated.

myp said:

http://www.politicalfray.com/showthread.php?t=2727

Read it. This sort of post will no longer be tolerated.

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Excellent!


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As for my response to the OP, the United States is not centrally planned and hence the government does not decide (in the vast majority of cases) what to outsource or not. As for the issue of outsourcing, it is not inherently a problem, especially if there is a decent tax system in place.

Outsourcing is not a bad idea theoretically. Of course this freedom we all have to go and work with whomever we'd like has hit some economies, while it helped others grow. I'm thinking about web services outsourcing, a thing many US based companies are doing.

I have worked for such companies, who paid me a good price (for my country), while their American clients paid way more. The difference went into their pockets, since I was the one to do EVERYTHING on the site.

Was I pleased? Yeah. I don't care how big their price is, I got a job which allows me to kickstart my career and sites network. Were they pleased? Yes, they made profit.

The problem from my POV is that many web design college graduates might find it harder to get employment, since for many firms it's more profitable to pay me few hundreds bucks than hire them at a premium wage they actually deserve.

So this is bound to start issues in time. But in my case I'm at the right end of the 'stick'. Businesses and people NEED to adjust though, since everything we knew about economics and business is seriously changed in today's global economy.

My big problem with "Outsourcing" is when they outsource with people that can't understand what the customer says. And the customer does not understand 4 out of ten words the customer service person says. Then after having been no help at all they say "is there anything else I can do for you today"?

DodgeFB said:

My big problem with "Outsourcing" is when they outsource with people that can't understand what the customer says. And the customer does not understand 4 out of ten words the customer service person says. Then after having been no help at all they say "is there anything else I can do for you today"?

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Does it make you mad when you go to a restaurant and your waiter is bad? Maybe, but in both cases it would be a problem with bad business decisions not outsourcing or the hiring of employees.

myp said:

Does it make you mad when you go to a restaurant and your waiter is bad? Maybe, but in both cases it would be a problem with bad business decisions not outsourcing or the hiring of employees.

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I have not been to a restaurant in years. Maybe 5 years, maybe longer. But I need to be able to communicate with anyone servicing my account. If not they may as well let the phone ring unanswered and not waste my time.

I had bad service with support from my country (some ISP providers are legendary for their horrid support, especially for the clients who use Macs for instance, since Windows is the 'norm' for many of us, so the support is clueless when they cannot recite their 'poem'). I had bad support in the US with US BASED companies. By god some really seemed to have the IQ of an ant. I had bad support from people who worked from India or god knows where for various other companies. Idiots happen, that's how I like to say. So bad service is no longer 'country based'

Reduce the trade deficit; increase GDP & median wage

Netanyahoo, It is not our global trade but our trade deficits’ that are a significant net detriment to our economy. Trade deficits’ are ALWAYS detrimental to their nations’ GDPs.

I’m a proponent of a proposal to reduce USA’s trade deficit of goods that was first introduced to the Senate in 2006.

The market driven proposal does not favor or discriminate between foreign nations, or between manufactured, agricultural or any other industries’ products. It is self funding; eventually all expenses are borne by U.S. purchasers of foreign goods.

The basic concept is for exporters who choose to pay the federal fees to acquire TRANSFERABLE IMPORT CERTIFICATES, (ICs) for the assessed value of their goods leaving the USA. The fees defray all direct federal expenses due to this proposed policy.

Importers would be required to surrender ICs for the assessed value of their goods entering the USA. Surrendered certificates are cancelled.
This may seem as a boon to exporters of USA goods but it’s actually an indirect and effective export subsidy.

The version of this policy I advocate is completely market driven, funded by U.S. purchasers of foreign good and excludes values of specifically listed scarce or precious minerals integral to goods being assessed.

This trade policy would significantly decrease USA’s trade deficit of goods and increase the aggregate sum of USA’s imports plus exports and our GDP more than otherwise. The GDP bolsters the median wage.

Wage earning families benefit from cheaper imported goods but every day of every year they’re dependent upon their U.S. wages. Regardless of how small the additions to imports’ prices due to Import Certificates, (unlike tariffs) USA’s assessed imports could never exceed that of our exports.

USA consumers will be able to purchase cheap, (but not the absolute cheapest) imported goods. We cannot afford the absolute cheapest.

Refer to: “Reduce the trade deficit; increase GDP & median wage”
Posted upon the Economics board on March 6, 2012, 12:08PM
or to www.USA-Trade-Deficit.Blogspot.com
or Google: “wikipedia, import certificates “.
Respectfully, Supposn

DodgeFB said:

I have not been to a restaurant in years. Maybe 5 years, maybe longer.

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You need to get out more often, bud. Start with McD's and scale up to the Olive Garden. I kid, we have no fast food on my island, and I'm getting tired of my own cooking (I cook for my wife and I). I am jonesing for Dick's hamburgers, but then, of course, I digress.

The tax structure that we have inherited from Clinton and Bush allows the richest corporations to hire tax attorneys that can shelter corporate taxes by simply pushing profits to low tax branches, while pulling losses to high tax countries, like the USA.

Make US corps pay no taxes, and revenue will stay here. The taxes are actually paid by the consumer, so us low rent consumers will get cheaper products, and clever tax attorneys will be out of work. That is a good thing. Increase personal taxes on the slime balls that are screwing us, and stop punishing consumers. Yes, corporations are not people, in spite of what Romney says, they are not anything resembling people. They are the ones that make money at any cost, and they should be. That is capitalism. That is good. Let's truly unleash our capitalism on the world. Make the rich pay a fair share of our tax burden, and we can be whole. (And don't give me that crap that all of our taxes are paid by the top earners. The reality of payroll taxes, sales taxes, property taxes, sin taxes, and flat fees puts a lie to that conservative talking point.)

mogur said:

You need to get out more often, bud. Start with McD's and scale up to the Olive Garden. I kid, we have no fast food on my island, and I'm getting tired of my own cooking (I cook for my wife and I). I am jonesing for Dick's hamburgers, but then, of course, I digress.

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I really can't afford to eat out. I am in poor health and have a very sick wife. It cost too much and is more trouble than it is worth to me. I need to buy groceries and pay bills with my money.

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netanyahoo said:

Outsourcing of jobs is 'Pro-business'.
Is that 'Pro-liberal' OR 'Pro-conservative'?

Outsourcing of jobs has stagnated US economy which depends on consumer spending.
Why not outsource shops/restaurants along with the jobs so that they can find consumers abroad.
Why not ship US voters to those outsourcing countries and solve unemployment problem at home.
We are good at one thing i.e. 'Bomb countries around the world'.

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Netanyyahoo, people functioning within their environments, determining their priorities and goals. They naturally try to do what they believe will best serve their priorities and goals.

USA 's current environment for international trade is essentially a policy of free trade. Consequentially we experience chronic annual trade deficits. Annual trade deficits indicate their nation's aggregate net expenditures for products exceeded the value of all the nation produced that year.

Trade deficits are a negative component within the calculation of their nation's GDP. Unless a nation enjoys what's effectively “full employment”, trade deficits are most detrimental to their nation's numbers of jobs, wage earners, wage earners' dependents, and enterprises more sensitive to those substantial portions of the nation's population.
I'm among the proponents of the improved trade policy described in Wikipedia's “Import Certificates” article.
Refer to https://en.wikipedia.org/wiki/Import_certificates . Respectfully, Supposn