"To wrap it up, if your point is that "outsourcing" is simply a labor
arbitrage play then you're missing 80% of the picture. "

I think you are missing the whole picture.

Take Apple.  Number one Tech company in the world.  Very profitable.  Yet
they outsource labor to sweat shops in China, where conditions are so bad
that 10 workers killed themselves in one month, instead of using the US
workforce.

How much more would the iPad cost if an employee made 15 per hour with FICA
and SS taxes, insurance, matching 401K, etc, etc instead of 50 cents per
day.



"Lots of people say they're saving money with outsourcing.  Then their
companies go bankrupt."

Lots of companies don't outsource and then go bankrupt.  So what?



"US companies will morph to services companies or they will die."

Which is terrible.  With no manufacturing base, one is at the mercy of those
who can manufacture.


J

-

Suppose you were an idiot, and suppose you were a member of Congress; but I
repeat myself. - Mark Twain

The monstrous evils of the twentieth century have shown us that the
greediest money grubbers are gentle doves compared with money-hating wolves
like Lenin, Stalin, and Hitler, who in less than three decades killed or
maimed nearly a hundred million men, women, and children and brought untold
suffering to a large portion of mankind. - Eric Hoffer


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