CSC To Cut 1,800 Domestic Jobs, Add 2,000 Offshore Workers 1257
CSC To Cut 1,800 Domestic Jobs, Add 2,000 Offshore Workers 1259
Kamal R. Prasad When blue collar jobs left but the technological sector expanded there was always an option to give people more education to get a better job. HOWEVER...
Kamal R. Prasad
And if US does not produce anything anymore what they would pay to "people in India" to do the work for them ?
It is ridiculous to see you guys not figuring out that this "outsourcing thingy" it is ONLY a fast way to bring US population in poverty and not a sustainable model. If US does not produce anything anymore, there will not be anymore any Consumer Debt demand for offshore products once everybody reach their Credit Debt limit and depleted their savings and buttets.
Then, US economy will collapse entirely and with it India that developed a whole economy on the premises of outsourcing will completely collapse too.
The only way to do outsourcing as a sustainable business is to prevent declining in US disposable income by some intelligent and well planned ways of outsourcing only the surplus of demand. This will generate a much slower growth in India and China but will be sustainable indefinitelly.
However, US does not controll in any way how oursourcing is done, but the corporations are doing it into an anarchical way following a destruction plan of US middle clbutt to drive wages as low as in China and India.
This is what I call: "RIP & RUN economics". In the end, everybody will be hurt, (India included) by the complete collapse of the IS economy. The only winners will be a few multinational corporations that will own everything on Earth.
CSC To Cut 1,800 Domestic Jobs, Add 2,000 Offshore Workers 1258
Nospam You could extend the same model to the manufacturing sector -which lost its jobs to China. The blue collar worker couldn't buy any...
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