Outsourcing Jobs to foreign countries?

Question

Please state pros and cons about outsourcing, and what are some attitudes about this, please state why you think this?????

Answer 1

Con for the U.S. fewer jobs

Pro for the compaines cheaper labor costs and no benefits, taxes, or any other issues, just 1 check once a year

Answer 2

It actually began way back in the 60's, with mainly bookkeeping services being outsourced. It continued, creeping into more and more technical services until by the 70's almost all electronics were being made in Taiwan. Things spread from there, and since there were no tax consequences for doing it, the corporations took full advantage, with no concern at all about the American worker. It was helpful during Reagan's battle to crush all unions. It has been responsible for higher and higher profits every year, none of which was returned to the country the companies started in. It was also contributed to by the lack of engineering and other science degrees from US colleges, while other countries, especially China, began to produce multiples of the degrees in the US.

Answer 3

It is a simple trade off, every time the minimum wage is increased, unskilled U.S. workers are laid off and the work load goes overseas. There are no Pro's for the U.S. in this scenario.