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> From: rick.baird@xxxxxxxxxxxxxxx > > While true, this has always been true and > we've always found our way out of the problem. Forward thinking societies > will find something else they are better at than the rest of the world. This time around is different. Typically, the jobs that were being farmed out were fairly low on the food chain - they tended to be those jobs which relied more on labor than brains. As these jobs were offshored, it freed companies up to employ more of the higher-paying jobs that required more education or training. At the same time, the money that was saved was poured back into the economy, because the companies continued to pay American workers higher salaries as they moved up the rungs of the pay scale. This created the concept of an "upwardly mobile" population, wherein the idea was to continue to make companies more profitable so that they would in turn create more high-paying jobs for American workers to settle into. That was the unspoken contract. Unfortunately, the American companies, especially the multinationals, no longer live by that contract. Instead, the profits generated from cheap labor (as well as all the other cost-cutting we've seen over the years in things like managed health care) no longer go to generate jobs. They instead are put into the pockets of the shareholders and the corporate officers. Officers receive huge bonuses while laying off thousands of workers. This is reprehensible. No company should be able to pay bonuses while shedding payroll, but that's what we do because the boards of directors don't really care what happens to the American economy. Outsourcing and visas are doubly exacerbating because not only do you have the upfront loss of the worker, you also lose that person's tax income into the economy, as well as the costs of real estate and equipment in the case of outsourcing. My problem with the phrase "this has always been true" is the fact that, no, this has never been true. In the last four years, we have added only two million jobs to the economy, the lowest number since 1956-1960. No, this isn't the same concept. Unless we start seeing growth of 300,000 jobs a month in the next couple of months, we may not be able to recover. And that doesn't even address the fact that others have outlined that, by outsourcing the high-level jobs, you remove the motivation for youngsters to enter the field, thereby losing it forever. Please, write your Congressional representatives. www.fairus.org www.numbersusa.com Joe
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