Tuesday, January 4, 2011

OUT sourcing


Executive are always into cutting expenses. Their favorite word seems to be DOWN size. Well, what they are doing is moving factories overseas. Also, they are big on OUT sourcing. Fact is, over 50% of out sourcing is to India due to its low wages. What that means is less jobs for americans. In fact, there has been a decline in american people taking college courses. Hardest hit is computer programming. It is hard to compete with people from india or china that make less than the minimum wage.

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