From the numbers posted above you would think that global outsourcing is bad right? Well this is not the case. Those that are against global outsourcing only have a few claims one being the loss of American jobs. This is true, there is a decrease in American jobs, but this is only temporary. When people start spending more money the economy will pick up, thus creating more employment opportunities. In case people have forgotten, we are still in or slowly coming out of a recession. As a result, jobs were lost anyway. For instance, many airline employees lost their jobs because airline companies were losing money because people were scared to fly after 9/11. Losing money=lay-offs. The airline companies losing money had nothing to d

China and India alone represent more than one-third of the world’s population. As more quality jobs are created in these countries, wages will rise, standards of living will rise, and their citizens’ appetites for global goods and services will rise. Ultimately opening up other countries’ markets.

o with outsourcing. There are no concrete facts that say global outsourcing is bad for the U.S. economy. It is funny how people are just now making an issue out of outsourcing, when outsourcing has been going on for the last 40 years. In those past forty years I have seen nothing but prosperity for the U.S. our markets are expending, our economy is growing, and our production is escalating. So what is really going on? Why are people viewing global outsourcing as a threat, when it should be an opportunity? An opportunity to explore new global economies, and expand our own economy in the process.

The recent economic crisis worldwide has brought outsourcing to the forefront as a way of reducing cost and better shaping business for long-term competitive advantage. Companies can save millions of dollars a year by sending work to other countries. Not only are the costs of supplies and raw materials cheaper, but the operating costs overseas are less expensive as well. According to Gartner Analyst, Rita Terdiman, “cost savings that can run as high as 40% are simply to compelling to ignore” (Julia King, 2003). Ultimately, American consumers get lower prices on goods and services produced at lower costs overseas.

Instead of concentrating on debating whether global outsourcing is an opportunity or threat, we should be focusing on the future and how to benefit from the evolution of global economics. Whether we like it our not global outsourcing will continue; so instead of talking about how good and bad global outsourcing is, we need to be talking about how to live with it.

Terdiman further noted that outsourcing helps companies realize long-term goals to increase IT (Information Technology) staffing flexibility, and gain access to world-cla

Some topics in this essay:
China India, Bill Moyer’s, Southeast Asian, Information Technology, Silicon Valley, According Evalueserve, , India” Samuelson, Ultimately American, Friedman Globalization, global outsourcing, jobs leaving, american jobs, jobs created, costs overseas, global outsourcing bad, companies losing, outsourcing enhances, 2004 pg, samuelson 2004, airline companies, companies losing money, 2004 pg a19, limiting global outsourcing, airline companies losing,