What can the U.S> do to stop the over-dependence on outsourcing?

Have to become more competitive. Lower corporate tax rates and fewer regulations. Less government as a percentage of GDP.

Have to become more competitive. Lower corporate tax rates and fewer regulations. Less government as a percentage of GDP.

KC_Hokie

[QUOTE="KC_Hokie"]

Have to become more competitive. Lower corporate tax rates and fewer regulations. Less government as a percentage of GDP.

Canon-Gatorade

[QUOTE="Canon-Gatorade"][QUOTE="KC_Hokie"]

Have to become more competitive. Lower corporate tax rates and fewer regulations. Less government as a percentage of GDP.

KC_Hokie

....remove minimum wages

pass anti-union legislation

let the iron law of wages take its course

let people starve 

[QUOTE="KC_Hokie"]

[QUOTE="Canon-Gatorade"] What benefit is there to lowering corporate tax rates? Why have we not done this already?Canon-Gatorade

And lowering corporate tax rates means more profit for corporations which means more investing which means more spending, jobs, etc.

A weaker dollar would do the trick -Sun_Tzu-

....remove minimum wages

pass anti-union legislation

let the iron law of wages take its course

let people starve 

BossPerson

[QUOTE="Canon-Gatorade"][QUOTE="KC_Hokie"]Allows corporations keep a higher percentage of their profits which they can reinvest which included hiring. We haven't touched our corporate tax rates since the mid-80s.

KC_Hokie

And lowering corporate tax rates means more profit for corporations which means more investing which means more spending, jobs, etc.

[QUOTE="KC_Hokie"]

[QUOTE="Canon-Gatorade"] But the mid-80's America did not have a debt problem. So what is the difference now and then when talking about changing corporate taxes? An excuse i have heard many people use.Canon-Gatorade

And lowering corporate tax rates means more profit for corporations which means more investing which means more spending, jobs, etc.

[QUOTE="-Sun_Tzu-"]A weaker dollar would do the trick KC_Hokie

[QUOTE="KC_Hokie"][QUOTE="-Sun_Tzu-"]A weaker dollar would do the trick -Sun_Tzu-

Have to become more competitive. Lower corporate tax rates and fewer regulations. Less government as a percentage of GDP.

KC_Hokie

I vaguely recall an explosion of debt.

[QUOTE="BossPerson"]

....remove minimum wages

pass anti-union legislation

let the iron law of wages take its course

let people starve 

Canon-Gatorade

Unions are bad, and minimum wages are bad.

[QUOTE="KC_Hokie"]

Have to become more competitive. Lower corporate tax rates and fewer regulations. Less government as a percentage of GDP.

MakeMeaSammitch

I vaguely recall an explosion of debt.

[QUOTE="-Sun_Tzu-"][QUOTE="KC_Hokie"]Would work if every other country in the world isn't doing the same exact thing.KC_Hokie

[QUOTE="KC_Hokie"][QUOTE="-Sun_Tzu-"]A weaker dollar would do the trick -Sun_Tzu-

[QUOTE="-Sun_Tzu-"][QUOTE="KC_Hokie"]Would work if every other country in the world isn't doing the same exact thing.Canon-Gatorade

[QUOTE="Canon-Gatorade"][QUOTE="BossPerson"]

....remove minimum wages

pass anti-union legislation

let the iron law of wages take its course

let people starve 

GOGOGOGURT

Unions are bad, and minimum wages are bad.

[QUOTE="MakeMeaSammitch"]

[QUOTE="KC_Hokie"]

Have to become more competitive. Lower corporate tax rates and fewer regulations. Less government as a percentage of GDP.

KC_Hokie

I vaguely recall an explosion of debt.

We would see the same thing with corperate debt.

Maybe if CEOs weren't payed so well, we could afford to create more jobs here at home.

[QUOTE="KC_Hokie"][QUOTE="MakeMeaSammitch"]bush did that. 

I vaguely recall an explosion of debt.

MakeMeaSammitch

We would see the same thing with corperate debt.

Maybe if CEOs weren't payed so well, we could afford to create more jobs here at home.

[QUOTE="KC_Hokie"][QUOTE="MakeMeaSammitch"]bush did that. 

I vaguely recall an explosion of debt.

MakeMeaSammitch

We would see the same thing with corperate debt.

Maybe if CEOs weren't payed so well, we could afford to create more jobs here at home.

[QUOTE="BossPerson"]

....remove minimum wages

pass anti-union legislation

let the iron law of wages take its course

let people starve 

Canon-Gatorade

[QUOTE="-Sun_Tzu-"][QUOTE="KC_Hokie"]Would work if every other country in the world isn't doing the same exact thing.KC_Hokie

you've referred to the stock market as the private economy

you do not know what the difference between GDP and GNP is

you don't know what a liquidity trap

you've been unable to explain how the US budget deficit is harming the economy

and now here you are talking about international trade and I'm suppose to think that on this subject you actually have any idea about what it is you are talking about 

all you have to do is convince large corporations to pay people livable wages instead of outsourcing for half (or less) the cost. i mean, you won't convince them because it ends up in the pocketbooks at the top, but i guess you can try.

[QUOTE="KC_Hokie"][QUOTE="-Sun_Tzu-"] Hokie stop trying to act like you know anything about economics -Sun_Tzu-

you've referred to the stock market as the private economy

you do not know what the difference between GDP and GNP is

you don't know what a liquidity trap

you've been unable to explain how the US budget deficit is harming the economy

and now here you are talking about international trade and I'm suppose to think that on this subject you actually have any idea about what it is you are talking about 

all you have to do is convince large corporations to pay people livable wages instead of outsourcing for half (or less) the cost. i mean, you won't convince them because it ends up in the pocketbooks at the top, but i guess you can try.

z4twenny

[QUOTE="-Sun_Tzu-"][QUOTE="KC_Hokie"]Would work if every other country in the world isn't doing the same exact thing.Canon-Gatorade

There are some companies (GE for example) proving that they can make their products more efficiently by having all the parts be made under one roof. Thus insourcing to the US  has become a key strategy in padding the bottom line. If we can get more companies realize this also we can probably entice them to come our shores improving upon our country's infrastructure. I know that spending, even when it means investing in the future is unpopular, but if it increases private sector jobs I think that it could gain real support.

Well if you WANT to stop outsourcing, then reduce taxes, neutralize unions, and cut down on regulations and licensing.

But if you think outsourcing is totally bad, then you know nothing of economics.  Of course it sounds bad with the villianous corporations giving jobs to foriegners, and the media tells you it's bad, so it is, right?

Nope, if a company can get something made ina another place for cheaper, that's good.  It creates savings for the business that allows it to hire even MORE people domestically.  The wealth and efficiancy created by outsourcing enables companies to expand in the US.  New jobs replace the outsourced ones.  It's a natural part of free-trade.  It even HELPS them because they leave undesireable factory work to work more pleasent and higher paying jobs.  Unemployment would be worse without globalization (outsourcing) America still creates millions of new jobs.  The only reason why Joblessness stayed high was because the population growth was even greater.

Don't let the politicians scare you.  It's called trade, and it's not all bad.

There are some companies (GE for example) proving that they can make their products more efficiently by having all the parts be made under one roof. Thus insourcing to the US  has become a key strategy in padding the bottom line. If we can get more companies realize this also we can probably entice them to come our shores improving upon our country's infrastructure. I know that spending, even when it means investing in the future is unpopular, but if it increases private sector jobs I think that it could gain real support.

Serraph105

There are some companies (GE for example) proving that they can make their products more efficiently by having all the parts be made under one roof. Thus insourcing to the US  has become a key strategy in padding the bottom line. If we can get more companies realize this also we can probably entice them to come our shores improving upon our country's infrastructure. I know that spending, even when it means investing in the future is unpopular, but if it increases private sector jobs I think that it could gain real support.

Serraph105

[QUOTE="-Sun_Tzu-"]

[QUOTE="KC_Hokie"]I do. Every country is devaluing their currency right now except Switzerland trying to increase exports. It's not working since everyone is doing it. KC_Hokie

you've referred to the stock market as the private economy

you do not know what the difference between GDP and GNP is

you don't know what a liquidity trap

you've been unable to explain how the US budget deficit is harming the economy

and now here you are talking about international trade and I'm suppose to think that on this subject you actually have any idea about what it is you are talking about 

[QUOTE="KC_Hokie"]

[QUOTE="-Sun_Tzu-"] Off the top of my head:

you've referred to the stock market as the private economy

you do not know what the difference between GDP and GNP is

you don't know what a liquidity trap

you've been unable to explain how the US budget deficit is harming the economy

and now here you are talking about international trade and I'm suppose to think that on this subject you actually have any idea about what it is you are talking about 

-Sun_Tzu-

So what you're suggesting won't work. We've already exhausted that option.

Emulate China.

Deregulate companies; regulate workers.

Well if you WANT to stop outsourcing, then reduce taxes, neutralize unions, and cut down on regulations and licensing.

 

But if you think outsourcing is totally bad, then you know nothing of economics.  Of course it sounds bad with the villianous corporations giving jobs to foriegners, and the media tells you it's bad, so it is, right?

 

Nope, if a company can get something made ina another place for cheaper, that's good.  It creates savings for the business that allows it to hire even MORE people domestically.  The wealth and efficiancy created by outsourcing enables companies to expand in the US.  New jobs replace the outsourced ones.  It's a natural part of free-trade.  It even HELPS them because they leave undesireable factory work to work more pleasent and higher paying jobs.  Unemployment would be worse without globalization (outsourcing) America still creates millions of new jobs.  The only reason why Joblessness stayed high was because the population growth was even greater.

 

Don't let the politicians scare you.  It's called trade, and it's not all bad.

 

GOGOGOGURT

[QUOTE="GOGOGOGURT"]

Well if you WANT to stop outsourcing, then reduce taxes, neutralize unions, and cut down on regulations and licensing.

 

But if you think outsourcing is totally bad, then you know nothing of economics.  Of course it sounds bad with the villianous corporations giving jobs to foriegners, and the media tells you it's bad, so it is, right?

 

Nope, if a company can get something made ina another place for cheaper, that's good.  It creates savings for the business that allows it to hire even MORE people domestically.  The wealth and efficiancy created by outsourcing enables companies to expand in the US.  New jobs replace the outsourced ones.  It's a natural part of free-trade.  It even HELPS them because they leave undesireable factory work to work more pleasent and higher paying jobs.  Unemployment would be worse without globalization (outsourcing) America still creates millions of new jobs.  The only reason why Joblessness stayed high was because the population growth was even greater.

 

Don't let the politicians scare you.  It's called trade, and it's not all bad.

 

Canon-Gatorade

Kc stop dave123321

[QUOTE="GOGOGOGURT"]

[QUOTE="Canon-Gatorade"] Why do you suggest removing the minimum wage? One excuse I always hear is that it is placed there to ensure job income at a livable level. also, anti-union?Canon-Gatorade

Unions are bad, and minimum wages are bad.

Unions cause workers to be lazy, because they can't get fired.  It makes it harder for new people to get the job, and nothing ever gets done because of all the regulations and requirements.  Also, it stops the creative juices from flowing, and make everyone slightly unhappier.

Minimum wages are not needed to keep pay high.  In fact, it would be higher without it.  Economist Don Bourdreaux puts it better than I can.  I quote: "Even a casual glance at reality reveals that worker compensation is determined by the supply of, and demand for, workers, and that pay does not fall to any leagally allowed minimum.  I it did, then physicians, accountants, morticians- even supermodels, rock stars, and doctors- would be paid minimum wage."

[QUOTE="-Sun_Tzu-"][QUOTE="KC_Hokie"]Would work if every other country in the world isn't doing the same exact thing.KC_Hokie

Nothing.

Why? Capitalism.

You have a software business.  You want to make money.

Why pay an American $150k a year plus benefits when you can hire an equally (if not more) qualified Indian for example to do it for $20k a year and no benefits?

They could completely remove corporate tax, that wouldn't change the cheapness of overseas labor.  What do you suggest we do? Introduce market wide US protectionism... 1000% tariffs on all imports... Tell the rest of the world we aren't going to buy foreign, but they should buy from us at an extreme premium... What are you stupid?

Not to mention less risk/liability overseas... I know someone who works for an oil company overseas... They hire on-site guys to do some of the skilled work on rigs and ships for pennies on the dollar what it would cost to send a European/American out there... Some guy recently had his arm crushed in an accident... If that happened to an American, he would get severence in the hundreds of thousands and probably sue the company for millions... The on-site local (from Southeast Asia) that it happened to was given $10,000 and sent on his way after having his arm amputated.

[QUOTE="Mafiree"][QUOTE="KC_Hokie"]I do. Every country is devaluing their currency right now except Switzerland trying to increase exports. It's not working since everyone is doing it. KC_Hokie

Nothing.

Why? Capitalism.

You have a software business.  You want to make money.

Why pay an American $150k a year plus benefits when you can hire an equally (if not more) qualified Indian for example to do it for $20k a year and no benefits?

They could completely remove corporate tax, that wouldn't change the cheapness of overseas labor.  What do you suggest we do? Introduce market wide US protectionism... 1000% tariffs on all imports... Tell the rest of the world we aren't going to buy foreign, but they should buy from us at an extreme premium... What are you stupid?

Not to mention less risk/liability overseas... I know someone who works for an oil company overseas... They hire on-site guys to do some of the skilled work on rigs and ships for pennies on the dollar what it would cost to send a European/American out there... Some guy recently had his arm crushed in an accident... If that happened to an American, he would get severence in the hundreds of thousands and probably sue the company for millions... The on-site local (from Southeast Asia) that it happened to was given $10,000 and sent on his way after having his arm amputated.

Squeets

Yep.

Nothing.

Why? Capitalism.

You have a software business.  You want to make money.

Why pay an American $150k a year plus benefits when you can hire an equally (if not more) qualified Indian for example to do it for $20k a year and no benefits?

They could completely remove corporate tax, that wouldn't change the cheapness of overseas labor.  What do you suggest we do? Introduce market wide US protectionism... 1000% tariffs on all imports... Tell the rest of the world we aren't going to buy foreign, but they should buy from us at an extreme premium... What are you stupid?

Not to mention less risk/liability overseas... I know someone who works for an oil company overseas... They hire on-site guys to do some of the skilled work on rigs and ships for pennies on the dollar what it would cost to send a European/American out there... Some guy recently had his arm crushed in an accident... If that happened to an American, he would get severence in the hundreds of thousands and probably sue the company for millions... The on-site local (from Southeast Asia) that it happened to was given $10,000 and sent on his way after having his arm amputated.

Squeets