Outsourcing is of course almost a 100% job loss.
I am not sure you know what the term means if you think there are no jobs on the other side of the transaction.
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Outsourcing is of course almost a 100% job loss.
Outsourcing is of course almost a 100% job loss.
I am not sure you know what the term means if you think there are no jobs on the other side of the transaction.
In a recent episode of Anthony Bourdain's travel show, he was in China.
And it was interesting that one of his guest was one of China's top economist.
And his answer to Anthony's question - What is the greatest challenge facing America and China? - His answer surprised me..."what to do with the people who are no longer needed to contribute to the economy"...he went on to say that through technology, out sourcing, robotocs and mergers - it is a simple and increasing fact that the economy needs less people to produce and serve what the population needs and wants are. So what do we do with the increasing number of people who are not needed?
This is a fascinating topic.
Do we lower the retirement age, therefore providing more jobs to developing families?
Provide "payment" to one adult family member for staying home?
Screw them?
This isn't a future problem, in China it is a HUGE problem...and as sure as you are reading this. it will be a HUGE problem in America certainly in the next decade.
Less people are needed to service the economic wants/needs of the public. It is an indelible fact, that is getting worse.
So what is the answer?
In a recent episode of Anthony Bourdain's travel show, he was in China.
And it was interesting that one of his guest was one of China's top economist.
And his answer to Anthony's question - What is the greatest challenge facing America and China? - His answer surprised me..."what to do with the people who are no longer needed to contribute to the economy"...he went on to say that through technology, out sourcing, robotocs and mergers - it is a simple and increasing fact that the economy needs less people to produce and serve what the population needs and wants are. So what do we do with the increasing number of people who are not needed?
This is a fascinating topic.
Do we lower the retirement age, therefore providing more jobs to developing families?
Provide "payment" to one adult family member for staying home?
Screw them?
This isn't a future problem, in China it is a HUGE problem...and as sure as you are reading this. it will be a HUGE problem in America certainly in the next decade.
Less people are needed to service the economic wants/needs of the public. It is an indelible fact, that is getting worse.
So what is the answer?
Yeah....not a good answer in a country that murdered 70 million people.....
... China, with its 1.6B people, apparently, by their top economist's assertion, still has an overpopulation problem and hasn't enough that needs doing for substantially all of them to be gainfully and productively deployed doing something. ....
Outsourcing is of course almost a 100% job loss.
I am not sure you know what the term means if you think there are no jobs on the other side of the transaction.
really?
You think I don't know that...hmm...I was wandering though...did YOU know that when outsourcing occurs, that the end job is paid literally 1/20th or less of the original job? Plus no benefits?
So - in your mind then, it is an even trade? Is this what your are inferring?