North American Network Operators Group|
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RE: Cisco moves even more to china.
Outsourcing is a way of life. It is a result of free trade policy. It has been happening for a long time in the other industries. There are very real benefits to the outsourcing. It helps keep our cost of living down (I live in California). On the other hand, it is very hard on the folks whose livelihood it is affecting. On the the other hand, there can be some concrete steps that can be taken to alleviate the problem in US. More education and training would help the displaced folks better adapt to the changing landscape. Did you know that only 7% of native born Californians go to graduate school? Government should invest in infrastructure or give tax incentives to companies investing in infrastructure. Building infrastructure provides base on which innovation flourishes. There should be pressure built on foreign governments to play by the rules. For instance, if a country were to have fixed currency instead of allowing it float, then it is using unfair practices. Allowing currencies to float in countries where the outsourced jobs are landing would increase their buying power and the cost differential goes down very quickly. This country (USA) has always been on the cutting edge of innovation for generations. They have always managed to come up with the next level of innovation to come out on tops. They have been doing it for years and there is no reason to believe that it won't happen again. Don't listen to all the doom and gloom being spewed. Vinay Bannai