The issue on outsourcing jobs is not only jobs being taken away from Americans but its hurting our economy. There are many other smaller issues that are created when jobs are outsourced. Items such as containers that the items are shipped in, it is cheaper to build a new container where the item is being built than it is to ship the empty container back. That creates a smaller issue of having thousands of unused containers lying around. (Winkipeida, 2013) The larger issues with outsourcing are jobs for American’s being shipped overseas and American citizens being left with out jobs.
Gene Marks, does it becaus... ... middle of paper ... ...m by taking away jobs from our communities it is supposed to help us in the long run. Production workers in the United States want more money paid to them than what company owners want to pay. This forces owners to send work overseas for cheaper production costs, which has good and bad sides. The real question however, remains unanswered as not whether or not outsourcing is good or bad. The real question remains, when we outsource jobs to foreign countries are we selling more than just our jobs to other countries?
Other countries that are suitable to perform the jobs needed may demand less money to finish the jobs. The main purpose of this paper is to explain why businesses should outsource to other countries that can do the work they need at a cheaper cost. Many Americans blame outsourcing for the current unemployment rates, even though the amount of Americans on financial assistance programs that are currently unemployed and are not looking for a job is high. This paper is intended for those that blame outsourcing on the unemployment rates and for American businesses that want to provide quality goods at a reasonable cost for American consumers. This paper will inform the audience on the benefits of why businesses should outsource.
Most US Senators feel that the revaluation move was too small and that China needs to allow the currency to increase in value, especially since 2.5% pales in comparison to the RMB’s predicted undervaluation of 30-40%. China is keeping its 0.3% percent daily trading band against the dollar, which means that even with this move there will not be a lot of volatility in the currency pair. China has many reasons to want to revalue their currency. The revaluation also makes imports cheaper for China. This comes at a critical time when commodity prices are rising.
For years immigration has been a major problem in this country for instance , people just can't decide if Illegal Immigrants are good or bad for this country. I think illegal immigrants are good for this country, because to me it helps the country grow economically, by helping increase employment, attracting tourists and it helps to export products to other countries. But I also understand those who are against immigration, because I know how inconvenient it can be to see immigrants coming to your birth country, taking jobs that cud have been yours and getting access to public benefits and programs. But According to (BECERRA) Illegal Immigrants do contribute to the economy. That proves, Illegal Immigrants do help the U.S. grow economically infect the he states that Undocumented Immigrants tent to contribute more money in taxes than they consume in services it proves that the jobs illegal immigrants take is jobs that legal citizens do not want, because they are low-wage jobs.
The mobility of low-skilled immigrant workers also smoothes economic fluctuations in struggling communities. In truth, efforts to reduce illegal immigration are costly. Since the impact on public services remains unclear, making it easier for immigrants to participate in the American economy will lead to more economic benefits than costs.” (Gale). Low skilled immigrants provide higher skilled workers to have more time for work than doing chore related jobs. They help the economy by allowing the High skilled workers have more time for their job and increasing the productivity in High skilled jobs.
The consumers don’t pay close enough attention to where the products are made. Therefore, consumers are spending extra money and are causing outsourcing to thrive. The lack of knowledge Americans have on the subject of consumers affecting outsourcing is leading our country to economic stress but if we begin to recognize the issue, the jobs we could potentially save may be our own. First, we will look at an example of how consumers inadvertently continue to assist companies with outsourcing. The problem consumers do not realize is that by paying for some name brand products, we are allowing outsourcing to take place.
If the United States manufactured the products Americans tend to want/need then they would lose money because of the labor and material costs are rather high compared to China. Some clothing that I own such as exercise shorts which were made in Cambodia were pretty cheap. This can be for a number of reasons but the most obvious one is the material used to produce the shorts as well as the quality of them. The material used is not extremely terrible but it is definitely not the best. The shorts were worn a few times before the seams began to come apart.
Most of these jobs are taken over by China citizens through outsourcing or companies re-locating to China. In addition, China has continually increased the percentage of debt the US owes it. The implications of this scenario are far reaching. Firstly, this scenario gives China a political leverage over the US. An increased amount of debt owed to China therefore works to counter the US influence in world politics in favor of China.
Something must be done. To solve the recent onslaught of economic problems caused by outsourcing, the United States government must lower the cost of running a corporation in this country. Outsourcing has many problems. One major problem with outsourcing is the language barriers. People in different countries speak different languages, naturally, and have different ways of saying things.