According to a recent report on the Global Research website, the outsourcing of US jobs represents a larger threat than terrorism.
That's a pretty big claim. The story cites a new book, Outsourcing America: The True Cost of Shipping Jobs Overseas and What Can Be Done About It, published by the American Management Association, and penned by brothers Ron and Anil Hira, that mounts a strong indictment of a one-sided corporate view.
The authors state that there is a lot of corporate bluster, but no real pubic debate on the issue -- with non-corporate views dismissed as protectionism. In the book's forward, Lou Dobbs, CNN anchor and host of that network's Exporting America, says, "Many of our business leaders have lost all sense of responsibility for their country, communities, employees, and the public trust. These leaders have promoted the false notion that American workers are not capable or are overpaid."
Long discussed in terms of the manufacturing sector, outsourcing now includes white-color jobs in IT, financial services, and customer service. Until I can read the book, now safely tucked into my Kindle, I wanted to ask you for some real frank comments on this issue.
If the debate hasn't taken place yet, let's get some input from all sides in one place. Here are my questions to you:
1. I hear repeatedly that a "free market" will redress this job loss. Unfortunately, we don't have a free market -- so what can balance out this loss of jobs?
2. Do you agree with this statement by Dobbs: "The truth is that American workers are the most productive in the world. They shouldn't be forced to compete for their jobs with Indian or Chinese workers who can afford to earn a fraction of US wages. Corporate America cannot expect to charge American prices for their products but pay third-world wages for their labor."
My question here involves many issues -- productivity, the current state of our educational system, the economic/political climate for US corporations during the past several years. Do these have an impact as well?
3. So, on to education. If our STEM graduates are not getting hired, and if other countries are competitively preparing their youth for STEM jobs, is this a major factor today and in future outsourcing in your opinion?
4. What is the impact of immigration policies in the US?
5. What do you see as the bottom-line problem here?
6. Finally, although my questions could go on for hours, are there solutions, and if so, what solutions do you think are even possible given the conditions that exist worldwide, not just in this country?
7. OK, I know I said finally, but I thought of one more. If it is true that a real debate hasn't taken place on this issue yet, where should this debate take place? Who should the players be?