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My comments

• Self-serving logic
  According to the logic by our genius corporate and government leaders, the more offshoring the better it would be for Americans and our economy. So we'd achieve nirvana if ALL the service and manufacturing are done oversea.
  From the perspective of the man in the street, US companies are just shifting their market to other countries when laid-off Americans have no money to spend, thus diminishing the multiplier effect (hopefully our leaders know what this is). They are also giving away the industrial (IT) revolution of the 21st century that is key to economic prosperity - India is prospering while we're stagnating. If the motive is to share our pie with the Indians or Chinese, then this is a splendid policy and is well proven.
  
  Some say our problem is education - this is completely hogwash. The problem is that there's no incentive for education - when a roofer makes more money than an engineer. There's no incentive when kids realize that they have no job after wasting all their time and money in school - just look at the declining enrollment in technology curriculum.
  
  Some say that we'd just have to be retrained or move on to even higher tech jobs. I would like to know what higher tech jobs are out there that would accomodate the thousands of unemployed. Most Americans are not that smarter than anyone else, we just have higher "self-esteem", aka arrogance. Even if we would all want to be nano-tech scientists, 95% of us would be incapable of reinventing ourselves as such. I myself, as a middle aged IT worker, am thinking about retraining to be a mechanic - and it's not because I'm any less educated or less capable than the IT bloke from Mumbai. But I certainly don't have the brain to be a nano-scientist.
  
  Looks like our CEOs are incapable of finding real solutions to their incompetence so they'd just have to jump on the offshoring bandwagon - an easy way out. Just like I've always said - your position in life has nothing to do with your real ability, it's just dumb luck.

  May 6, 2004

  0 replies

• Self-serving logic
  According to the logic by our genius corporate and government leaders, the more offshoring the better it would be for Americans and our economy. So we'd achieve nirvana if ALL the service and manufacturing are done oversea.
  From the perspective of the man in the street, US companies are just shifting their market to other countries when laid-off Americans have no money to spend, thus diminishing the multiplier effect (hopefully our leaders know what this is). They are also giving away the industrial (IT) revolution of the 21st century that is key to economic prosperity - India is prospering while we're stagnating. If the motive is to share our pie with the Indians or Chinese, then this is a splendid policy and is well proven.
  
  Some say our problem is education - this is completely hogwash. The problem is that there's no incentive for education - when a roofer makes more money than an engineer. There's no incentive when kids realize that they have no job after wasting all their time and money in school - just look at the declining enrollment in technology curriculum.
  
  Some say that we'd just have to be retrained or move on to even higher tech jobs. I would like to know what higher tech jobs are out there that would accomodate the thousands of unemployed. Most Americans are not that smarter than anyone else, we just have higher "self-esteem", aka arrogance. Even if we would all want to be nano-tech scientists, 95% of us would be incapable of reinventing ourselves as such. I myself, as a middle aged IT worker, am thinking about retraining to be a mechanic - and it's not because I'm any less educated or less capable than the IT bloke from Mumbai. But I certainly don't have the brain to be a nano-scientist.
  
  Looks like our CEOs are incapable of finding real solutions to their incompetence so they'd just have to jump on the offshoring bandwagon - an easy way out. Just like I've always said - your position in life has nothing to do with your real ability, it's just dumb luck.

  May 6, 2004

  0 replies