As the election season/Primary is approaching to its conclusion, we see more and more discussion on Outsourcing, if the outsourcing is good or bad for the economy
we have two sides of the coin in this country, one that says Outsourcing is good for the country, it creates more value to the product. It adds job up in the value chain. On the other hand we have some including the currently contesting candidates that is adding fire to the fuel, having a stance that Outsourcing of jobs creates jobs loss, and is bad for the economy.
I would cite one study by National Buureau of Economic research study conducted by economist from Havard and University of Michigan that found that more investment by US firm in other countries leads to more domestic investment and has positive impact rather than negative impact.
so the question is on what basis do we say Outsourcing is bad!!!!!
we have many companies from world over setting up thier shop in USA and brining in new job opportunities like Toyota, Kia, Honda, to name just a few
Thursday, March 6, 2008
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