Tuesday, March 2

The Outsourcing Discussion : Slashdot Again

Again on Slashdot:
The full outsourcing discussion posted on Slashdot.org by Hemos.

GileadGreene writes "Thomas Friedman of the New York Times recently did an interesting Op-Ed piece [The silver lining of outsourcing overseas ] about the "silver lining of overseas outsourcing": the growth that it generates in the US job market as Indian companies outsource work that US workers are better at. Apparently total exports from US companies to India have grown from $2.5 billion in 1990 to $4.1 billion in 2002 as well. So maybe this outsourcing thing isn't so bad after all." Ultimately, free trade works out well; I think one of the issues is that white collar jobs are just beginning to feel the pinch, and are acting like manufacturers did in the 1970s and 1980s.