Outsourcing
By: Artur • Essay • 294 Words • June 6, 2010 • 1,351 Views
Outsourcing
There has been much concern in today’s media about the topic of outsourcing. It has risen gradually over the last couple of decades, and now that we have technologies like the internet, outsourcing is becoming more and more popular. It may seem like a good thing ideally, but it has negative impacts as well. Most companies outsource because labor is much cheaper in other parts of the world. What greater way to maximize profits then by spending less on labor? Even if it does mean laying off current American employees. That is the mentality of many business owners in the US. Outsourcing American jobs to other foreign countries is slowly destroying our economy. Unemployment is rising, the cost of living is rising, and our economy is slowly heading towards inflation.
“Never have there been fewer business leaders willing to commit to the national interest over selfish interest, to the good of the country over that of the companies they lead.” (Dobbs, 2004). I have to agree, for the amount of profit that these