The outsourcing of America’s jobs

The article discusses the effects of outsourcing on the American Middle Class. Many people in USA are now becoming 'India-aware' but are they not aware how developed nations and their coporations have been exploiting developing nations from years. But again we cannot blame them, cause almost all developing nations are headed by fully corrupt politicians.

The outsourcing of America’s jobs


Today, consistent with economic globalization policies, corporate America is either importing less-costly immigrant labor or shipping jobs out of America and into underdeveloped countries, where profits can be maximized. Jobs are being taken out of the U.S., while President Bush is busy telling Americans that they will see more jobs.

At the same time, he is pushing to reduce regulations on industry to increase overseas trade. And who do you really think is going to reap the benefits of any proposed tax relief? Government is coerced into fostering legislation that allows corporations to carry out their plans (i.e. The North America Trade Agreement, etc.). Hence, major corporations are downsizing their American workforce and at the same time exporting jobs into Mexico, Latin America, Taiwan, China, India, Russia and other parts of the world.