Outsourcing
TOPIC: Outsourcing is a normal function and the government should not interfere – NO
Outsourcing of U.S. jobs to overseas locations is an inevitable step in the growth of our economy and should be allowed to evolve naturally and without government intervention. Outsourcing increases the number of U.S. jobs, improves wages and has resulted in a healthy economic growth.
Global Insight's chief economist, Dr. Nariman Behravesh, recently led a research team to determine the impact outsourcing has on the U.S. economy and the I.T. industry. In their findings, it was reported that global outsourcing saves money, giving companies the ability to create more jobs within the United States (90,000 new jobs in 2003). The report also revealed that outsourcing can increase the net pay of U.S. workers by helping keep inflation and interest rates low and productivity high. Real wages for U.S. workers increased 0.13% in 2003 and could climb to 0.44% by the year 2008. (Brunelli 2004)
The......
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Approximate Word Count: 544
Approximate Pages: 3 (250 words per double-spaced page)
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