Well one of the big factors involved in the outsourcing to India is that the US government subsidizes the offshore projects. ...Overseas Private Investment Corporation, a U.S. government agency that helps American businesses invest overseas and encourages economic development in emerging markets, to provide loans of up to $250 million per project.
. I am an America firster who wants the immigration laws enforced so we are not importing H1B and L1 foreign guest workers specifically to increase the American unemployement numbers and who thinks that if producing stuff outsde the USA and importing the products to the USA is such a wonderful idea why does it need tazpayer funding?
No, I do not say the US worker can not compete in a free market but I do say the current market is a rigged game with the American taxpayer hit on to subsidize shipping jobs offshore. reference article for above quote is at Here.
posted on 06/12/2003 4:56:21 AM PDT
(Stay well - Stay safe - Stay armed - Yorktown)
Exactly right and I would add that many of these same companies farming out jobs overseas probably receive fedgov contracts to augment their commercial revenues. If true, this means we have a scenario where our tax $ flow to companies who intend to eliminate American workers wherever possible and use fedgov subsidies to move those same jobs to third world countries.....I can hear the music from the old Looney Tune cartoons now!
posted on 06/12/2003 8:24:56 AM PDT
by american spirit
(ILLEGAL IMMIGRATION = NATIONAL SUICIDE)
OPIC Mission Statement
to mobilize and facilitate the participation of United
States private capital and skills in the economic and social development of less developed countries and areas, and countries in transition from nonmarket to market economies, thereby complementing the development assistance objectives of the United States.
Government direction of private capital the less fortunate..hmm, that seems kind of familiar. Kind of like "From each(American taxpayer) according to his ability,
To each( third world country) according to his need "
I can imagine Mr. Marx is grinning from ear to ear right now.
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