The economy is one of the most varied topics on the political frontier that is constantly debated, though there is no obvious solution to the United States perpetual economic problems. Held within the crumbling economy of today, are many ongoing controversial issues that plague our once healthy nation. One such problem is job outsourcing, an issue with many schools of thought giving the topic its controversial nature. The exportation of jobs offshore is job outsourcing. This, to some, is believed to be a benefit to our economy. According to a brief report from the National Center for Policy Analysis, “Increased economic globalization has caused jobs to move to the United States as well as away from it, and because of the higher, increasing productivity of American workers, the jobs that move here pay more than the ones that leave.” In addition, the report stated an increase in product availability, stronger demand for United States jobs, competitive gains for small businesses and a rising standard of living as a benefit from outsourcing.
A common detail among sources on job outsourcing was, those who are laid off commonly received higher paying jobs than previous jobs. “Over the past 15 years, corporations report an eighty-two percent increase in in-sourced jobs compared to a twenty-three percent increase in outsourced jobs.” The problems of outsourcing are it has immediate and constant affect on the unemployment rate, rising at a rate that shows no sign of slowing. The fact is it directly correlates to existing jobs of the United States, and their removal, creating progressively more jobless Americans than ever before. Though in the very distant future we can reap the benefits of that outsourcing, largely, Americans have no jobs and often in this lazy economy, go without for months on end. This just hurts our current economy, creating more struggles and causing less spending, which is needed to get out of the current economic despair. Outsourcing is a way for greedy corporations to make more profits, lay off more workers who have seniority and corresponding wages, and to end up bringing in new workers at starting salary.
The Essay on An American Economy Job Outsourcing
Greg KonigesLaura GronewoldENEX 101. 37 May 12, 2005 An American Economy Globalization is a very pressing issue in the American culture today. Within any economy, globalization will cause many problems while at the same time solving many others. This is true because there are many factors involved with globalization, one of the most important being job outsourcing. While at first glance and from ...
According to the president of e Innovate, Bill Bryant, “America is losing more than two-thousand jobs a day across every field due to outsourcing.” Outsourcing is affecting American industry and it will only become a larger issue. Senator Kerry would benefit most in this coming election from placing the proper sanctions and regulations on corporate America. The Constitutional government set fourth by our fore fathers, was built upon by amendments to properly adjust to changing times and continue to protect American way of life. Within are checks and balances to properly support the structure we call government. By passing a bill, which Kerry could propose, one could properly monitor corporate activities. To protect the best interest of our nations economical future, Kerry could also propose peace talks and international trade with more foreign economies to slow the effects of job outsourcing.
This would save American Jobs, create additional income to American markets and economy. In conclusion, the best interest of the people is to cut down job outsourcing. For Kerry, saving the middle class is his priority. Since the cost on our economy far outweighs the benefits of job out sourcing, Kerry is against it. Marc Waters September 5, 2004.