Thought you guys might find this article interesting.

http://www.itaa.org/itserv/docs/execsumm.pdf

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I love the line that says 244,000 of 516,000 new IT jobs will remain in the US. Without outsourcing, there will "only" be 490,000 new jobs.


hmmm....

If we outsource, we create 244,000 jobs for Americans. If we don't, we create 490,000 jobs for Americans.


That finding alone tells me we can more than double the number of IT jobs if we don't outsource.


KERRY FOR PRESIDENT!

Bush will keep letting big business outsource all day long. Right now, businesses are NOT taxed on any revenue made from workers in other countries until it is transferred back to American currency. That means Bush is actually giving businesses an INCENTIVE to outsource.

Kerry actually wants to get rid of the tax incentive from outsourced jobs to slow down or stop all the jobs going overseas. Kerry also wants to give small businesses a tax credit for money spent on new jobs.

244,000 jobs over the next 5 years is terrible. That's less than 50,000 jobs per year. They don't even mention if that number is gross jobs or net jobs. We have more kids graduating college with IT degrees than that each year.

Oh well.... I'm glad I have a job already.

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"Bush will keep letting big business outsource all day long. Right now, businesses are NOT taxed on any revenue made from workers in other countries until it is transferred back to American currency. That means Bush is actually giving businesses an INCENTIVE to outsource."

During the cold war laws promoting American Corporation expansion into foreign countries were passed. The reason for the laws was to help mitigate the risk of sending capital into risky economies and to promote expansion by making it profitable for them. If they were not taxed until the money came back to America they would be able to put their profits into their over seas business ventures making more capital available for further expansion. Our government wanted American Company expansion into non-communist countries to help keep them from turning communist so that we would not have to fight them in the long run. Have you heard the saying that no country with a McDonalds has ever attacked America? These laws were passed long before Bush was elected to office. In fact it is possible that Kerry actually voted for the laws. I am not sure when these laws were passed. Kerry has been in the Senate for quite some time now. Why does Kerry have to become President before he proposes new legislature concerning the issue?

The largest Small Business Association NFIB supports Bush and not Kerry. http://www.nfib.com/cgi-bin/NFIB.dl...gation/home.jsp

Last edited by badger11 on 03-30-04 at 11:51 PM

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