Then we're kinda stuck with it. This may be naive but corporate america has an obligation to the shareholder to push the stock price up, outsourcing helps achieve that goal by reducing operating costs.
I'll talk about Information Technology because I don't know anything else. Did the American I.T. worker price himself out of a job? My recent experience was that the outsourcing company charged more for my job than I am getting paid so I am still employed. Am I underpaid, maybe but I do OK and I still have a job so I am happy.
In the long run outsourcing will hurt more than it helps, my experience is that I end up doing the work anyway b/c offshore is a bunch of fuckups. The waste of having some twit from India do the same task incorrectly more than twice outweighs any cost savings but corporate america is VERY short-sighted, must be all those MBA degrees blocking their vision.
The government regulations and taxes have a big hand in outsourcing. A few days ago in the thread about the new Colorado tax increases was a posting that the tax increase might be the last straw that shuts down a manufacturing plant here. How much does the bookkeeping cost alone add to comply with the tax laws?
The countless regulations and the expenses of proving compliance add a lot to the cost of doing business here. It's a tough balancing act to protect people and not overdo it but we all could come up with ridiculas examples of government regulations. Or out of control regulators on power trips or that are just plain stupid.
+10
I've seen this time after time- the outsourced individuals do not understand the business behind what they are doing... so you wind up having many other individuals having to spend extra time explaining, dealing with testing issues, trouble tickets, etc.. I have to deal with one on a daily basis- and he's getting better, but still doesn't understand the business side of what he's coding for...
but the muckety-mucks see the stock price go up after they announce that they're outsourcing something.. so it's wall street that needs to learn, and it's a slow curve...