Re: Does Outsourcing Piss you off?


"Straydog" <asd@xxxxxxxxx> wrote in message
news:Pine.NEB.4.63.0603110305460.28911@xxxxxxxxxxxxxxxxxxx
.....

I've seen more than half a dozen studies showing that the lower
socio-economic end of our population really is seeing a decline in their
income, so something is happening to hurt that population.

Hi,

Is your "lower socio-economic end of our population" the same as the lowest
2 income quinties? Or maybe the lowest one income quintile?
If so, what is the time period for your half a dozen (6?) studies? Please
give links to them because the census data does not support that claim for
the time frame in question-namely the period of Globalization since 1975 or
so.

http://www.census.gov/hhes/income/histinc/f01.html

And of course those bottom income quintiles aren't composed of the same
people as they were in 1975.

There are lots
of studies showing a large proportion of people over 40 who get laid off
in connection with an offshoring of jobs never get as high paying job as
before they were laid off.

??? What does that mean? There are millions of people over 40 who get laid
off, and some of them don't end up with a higher real income. That has
always been the case.

Some of this is due to illegal immigration from
Mexico, too.

But the issue in this thread is "outsourcing" not immigration (legal or
not). If anything, doesn't outsourcing of jobs to 3rd world countries
discourage immigration from them? If the jobs go to them, they don't need
to move here for those jobs.

.....

The only people in the US who have seen vast increases in their pay are
the CEOs and certain high end financiers.

And movie and rock stars, and pro atheletes and...

But the point here is that there has been a huge increase in the incomes of
the poorest people in the world as a result of outsourcing and
globalization.



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jim blair (jeblair@xxxxxxxx) Madison Wisconsin USA.
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