What Is Outsourcing?
Economy; Posted on: 2011-04-27 18:32:11 [ Printer friendly / Instant flyer ]
Those who believe in and support the Empire are merely shuffling chairs on the Titanic. The elites hate you and believe you fit for slaves. And they shall make you slaves if you let them. -- DH
Once upon a time in America, virtually anyone with a high school
education and the willingness to work hard could get a good job. Fifty
years ago a "good job" would enable someone to own a home, buy a car,
take a couple of vacations a year and retire with a decent pension.
Unfortunately, those days are long gone. Every single year the number
of "good jobs" in the United States actually shrinks even as our
population continues to grow. Where in the world did all of those good
Economists toss around terms such as "outsourcing" and "offshoring" to
describe what is happening, but most ordinary Americans don't really
grasp what those terms mean.
So what is outsourcing?
essentially means sending work somewhere else. In the context of this
article I will be using those terms to describe the thousands of
manufacturing facilities and the millions of jobs that have been sent
overseas. Over the past several decades, the U.S. economy has become
increasingly merged into the emerging "one world economy". Thanks to
the WTO, NAFTA and a whole host of other "free trade" agreements, the
internationalist dream of a truly "global marketplace" is closer than
News Source: the economic collpase blog