Monday, July 12, 2004

A Fool's Take on Offshore Outsourcing writes about the complexities concerning the offshore outsourcing debate.

"It's a complex issue. Supporters argue that if more American jobs remain here, including manufacturing jobs, Americans will face higher prices for products and services, since American workers are paid much more than those in developing nations and other countries. They make a good point that firms need to do what's best for shareholders, which means maximizing profits."

"But detractors' arguments also have merit, noting that many Americans are losing valuable jobs and not easily finding replacement work. They also say that if Americans are turned off by offshoring, then companies associated with it will lose favor and possibly business."


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