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Reply #27: The problem with outsourcing to countries like India or China is [View All]

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CanIgonow Donating Member (192 posts) Send PM | Profile | Ignore Mon Aug-23-04 08:10 AM
Response to Reply #17
27. The problem with outsourcing to countries like India or China is
that with nearly 1.3 billion people in India and about the same in China, when one section of the population moves up in the economic ladder, there is another rung in the ladder that is there waiting to take its place.As both India and China have an enormous number of graduates coming out of their universities, there is very little likelihood of wages going higher.If anything, the markets for American corporations in India and China are exploding and soon they may dwarf the size of the markets in the US.I am simply not optimistic
short of a congressionally mandated restriction on outsourcing.

That brings me to another question: Is there any resistance to outsourcing in Germany and Britain and Japan? I am sure these countries are just as affected by this problem as we are.
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