From the first report we have learned a bit about the harms of shipping jobs overseas and how it causes harm to the U.S economy now it this second we can get into the juicy details and help explain the problems of off sourcing jobs to other countries. From the last report we have learned that America has lost about total of 8 million jobs in just 30 years not only is this bad for the American economy, but it also makes America look bad since with less jobs usually tend to crime which cause danger to the citizens of America. Also, another problem with off-shoring jobs to foreign countries would create more jobs for them while not thinking about the working class in the states. An example would be 35 big brand name companies created more jobs in the past two years while America only got a one fourth of these jobs foreign countries got 3/4ths of jobs making many people still jobless. Also With companies that tend to like to outsourcing they do not need to maintain as many facilities in the US and thus they are not taxed and thus the government does not make get money for the services it supplies. also companies that outsource do not need to follow the same production requirements as those of companies staying in the US.
Outsourcing is good for some businesses but not necessarily good for the economy or the American population. When companies outsource they nearly always save money, and are able if they want to reduce or lower the prices of their …show more content…
Thailand 381, Sri Lanka 49-72 Bangladesh 68, and Laos 110 with these low cost no wonder these Countries send their jobs over to these
Outsourcing is good for some businesses but not necessarily good for the economy or the American population. When companies outsource they nearly always save money, and are able if they want to reduce or lower the prices of their …show more content…
Thailand 381, Sri Lanka 49-72 Bangladesh 68, and Laos 110 with these low cost no wonder these Countries send their jobs over to these