Comments on: The Future of Jobs in America
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- Why invest $Trillions into Innovation when all the production jobs from that innovation is done Overseas? All the Innovations of the last 200 years have been OutSourced.
Why work hard when American Corporations are OutSourcing and InSourcing (H1B and L1 Visas) good Professional jobs? I will soon move to China to design and manufacture the iPhone and Nexus.
Why study hard at any University when American Corporations are OutSourcing and InSourcing (H1B and L1 Visas) good Professional careers? Bachelor and Master of Science diplomas are nolonger worth the paper they are printed on.
Why graduate from High School when a Computer Specialist salary will soon be the same of a worker at a McDonald Restaurant?
Without good paying jobs, there are no incentives to study for anything. I guess that is why America is dead-last in science and math. - Reply to this comment
- It is easy to enter and work in the USA:
http://www.cis.org/articles/2009/back509_t10.jpg
http://www.travel.state.gov/visa/frvi/statistics/statistics_4391.html
http://travel.state.gov/visa/frvi/statistics/statistics_4582.html
H-1B Visa Demand Rebounding:
http://www.eweek.com/showblog/56980/H1B-Visa-Demand-Rebounding/
More demand for H1B visas in 2008 than in 2007.
http://www.computerworld.com/s/article/9142163/H_1B_visa_use_by_U.S._firms_holds_steady_in_09?source=CTWNLE_nlt_dailyam_2009-12-14
Congress Getting hard on H1B Visas:
http://www.computerworld.com/s/article/9141198/New_H_1B_hiring_bill_takes_aim_at_tech_firms?source=CTWNLE_nlt_dailyam_2009-11-20
GW Bush Hated U.S. Professional Workers:
http://www.eweek.com/c/a/IT-Management/H1B-Visa-Beef-May-End-Up-in-Supreme-Court-183236/?kc=EWKNLNAV11202009STR3 - Reply to this comment
- Why invest $Trillions into Innovation when all the production jobs from that innovation is done Overseas? All the Innovations of the last 200 years have been OutSourced.
Why work hard when American Corporations are OutSourcing and InSourcing (H1B and L1 Visas) good Professional jobs? I will soon move to China to design and manufacture the iPhone and Nexus.
Why study hard at any University when American Corporations are OutSourcing and InSourcing (H1B and L1 Visas) good Professional careers? Bachelor and Master of Science diplomas are nolonger worth the paper they are printed on.
Why graduate from High School when a Computer Specialist salary will soon be the same of a worker at a McDonald Restaurant?
Without good paying jobs, there are no incentives to study for anything. I guess that is why America is dead-last in science and math. - Reply to this comment
- Lots of new job openings in the Congress soon.
Lots of new world order police jobs too but you have to travel.
Lots of jobs if you are not legal and willing to get paid under the table. - Reply to this comment
- I work in IT with a lot of Infosys personnel mentioned in the story, the problem is 3 fold:
1) Why are jobs getting outsourced? cost. You need to pay an American twice as much. Managers don't care where the work comes from, because if their bonus is tied to project cost, they will pick the cheapest option.
2) Why American employees are not competitive. cost & skill/creative deficit. I've had cases where outsourced personnel i.e. Infosys will quote 80 hours for a 2 hour job. They get the job because the management (i.e. the same ones picking the cheapest option) don't know how difficult something really is.
3) Education. I am not able to hire good help near the largest university in the country. I go online and there are eagar, willing, nice, and cheap programmers willing to do the work I need. I've tried and hired a few college students only to fire them after a few weeks because they were playing xbox vs. working or they just did very poor work. I even tried to pay them premium but got better results for less money over seas. - Reply to this comment
- By their actions and inaction government and corporate America have proven they are not listening and do not support the American people or their will. Nowhere in any debate on jobs or healthcare should any American even hear the words Democrat, Republican or partisan. These debates are way above politics and the pork and lip service that comes with it. It appears the words "We The People, Of The People, By the People and For The People" have been replaced by "For Us, By Us and About Us".I try not to make the mistake of believing that the actually care what I think.
They do however believe in votes and money. Every incumbent at every level of government can and should be voted out of office to a man or woman. Corporations and banks who export our jobs, pay interest at 1% and lend at 29% while robbing our 401ks should be identified and targeted and not supported. Don't buy from the Walmarts or bank with the Lehman Brothers. Don't vote for people who tag bills with pork and support failed trade policies that makes jobs and people expendable. I would like to see an organized effort to address these issues. I would still like to beleive the power still resides with "We The People" and would enjoy seeing a tru democratic system tested. Maybe they will listen. - Reply to this comment
- This news article states that not many young people are entering the field of engineering in the USA. The reason for this is straightforward. Most young people want to undertake a course of study that leads to employment and does not force them to move to another country. Engineers build things and manufacture goods. We currently do little of either in the USA and the trend is not positive. It is hard to encourage young people to enter the field of engineering in good conscious.
Jobs have been lost ? and they are not coming back - because it is cheaper to make goods elsewhere. It is that simple. And jobs will continue to be lost as long as this is the case. It is impossible for our goods to be the low cost goods under the current system of valuation.
Why can't the American worker compete with foreign resources? The American worker manufactures products in a manner that does not harm the environment. What is the value of product that is manufactured in a way that respects our planet? The American worker values the wellbeing of his fellow workers and therefore works in a safe manner. The American worker makes products that are themselves safe and effective. What is the value of a product that is manufactured in a way that respects the value of human life? The American worker has to support the American government, fight the war on terror, and carry the ideal of freedom for the entire plant. No one should be surprised that the American worker (America) cannot compete on economics alone.
As long as foreign manufacturing and services do not meet the same standards and ideals that respect the planet and basic human rights, America (the American worker) will become poorer and less employed. A system that values these intrinsic properties of goods made in the USA must be implemented for all goods sold in the USA that are manufactured/serviced elsewhere. America needs to get smart. America?s role goes much further than pure economics. Do Americans really want products that are made by countries that do not afford their people basic human rights? If America wants such products then perhaps America should be poor. - Reply to this comment
- "One in six Americans, 17 percent, is underemployed."
Now that is a whole lot different from the 10% we have heard for months. That is likely not accurate.
What I believe is happening is that Americans are losing high paying professional jobs to foriegn outsourcing. Educated Americans that are finding new work are finding it a substantially lower salary. They are off the unemployment roles, but they are making much less money. This hurts the economy because the make less, spend less, and pay less taxes. More money is lost overseas. - Reply to this comment
- Want to create jobs, start breaking up the big greedy companies that have gotten us to this point. Start with Wal-Mart, who sent our middle class jobs and factories overseas.
Break up the oil and energy companies that kept ramping up prices and profits as our economy faltered.
Break up the big banks that created the housing bubble by giving loans to everyone and anyone.
Revamp our trade relations. Countries we trade with must pay there workers the same as U.S. workers. This would fix most of the problems with illegal immigration, which has driven down wages.
Ban lobbying in Washington or the States. No campaign donations from business's, special interests or organizations.
Term limits for all elected officials. - Reply to this comment
- SMALL BUSINESSES - THE BACKBONE OF AMERICA
PROBLEM: HOW DO WE SAVE THEM AND GET OUR PEOPLE BACK TO WORK?
When a crisis occurs, the first thing one always does it to take actions that prevent the situation from getting worse (i.e. prevention) and then one starts fixing things (clean-up). We are now in a financial crisis, and so we should look at what happened under FDR. He did some preventative measures (i.e. closed the banks and reorganized), and then spent the next 8 years doing clean-up. Why so long? What did he miss? It took a spending of 3.6 trillion dollars for World War II (in today?s dollars over a period of 4 years) and an education GI bill to get things going again. Ok, we had a small recession every 10 years - the periodic ups and downs of the market place which expands too quickly and then needs to pull back again. The periodic ups and downs are part of the capitalistic economy that we have. Why? Simple, because we are dreamers. We borrow to build a future, and sometimes we borrow too much. So, a slight correction happens almost
like clockwork.
So what happened to the small up and downs cycles - Sept 11th. We busted after that, and to help things, credit was eased up - too much. When the houses double in price, which spelled big trouble because it was not based on true value. Interest only loans for houses is nothing but rent, not a building up of equity capital (i.e. savings). Now houses have declined in value too much (i.e. people owe more on the house than
the house is worth), but this is having a very bad effect on the economy. Why? The small businesses can no longer take out temporary loans against their personal houses to get them through the seasonal slowdowns. For the construction industry it is the weather. For the retail businesses, who have to buy their Christmas inventory 8 months ahead of time, it is the non-Christmas season. For the car dealerships, it is trying to sell cars during off seasons - after Christmas and before tax return time. Almost all businesses have slow cycles every year. The small business owners borrow money to get by, and then make it up doing the good times in the year.
FDR's administration made a mistake. Small businesses fell by the way side and currently the same phenomenon is happening in this recession. Some cities have 17% employment already. The small businesses are closing. Small businesses employ over 60% of the people in the U.S that are in the non-farming sector. We talk about the IBMs, the Microsofts, etc, but together they employ less than 40% of this country's work force.
We need to allow all viable small businesses to get loans quickly. We need to back up loans for small business with a strict viability criteria, so that the banks and the federal banking auditors will allow them to make these temporary loans to our small business while we come out of this bad recession. Right now, the owners of the small business, have been using their main asset, their homes, for obtaining those precious small loans to get by during the slow times. Their homes cannot be used now. So, what do we do?
We change the loan rules. Most businesses that are over 5 years old, and in the black the 5th year, are viable. So, let us allow a 5+ year business using its year end statements the ability to take out a loan against (1) its capital assets or (2) its net profits from last year or (3) its net profits + its long term capital expenses. Long term capital means items bought that will last at least 3 years. Item 3 is essential, because anyone that owns a business knows that at the end of the year the end game is to not pay taxes. This is done by buying capital that one can use to expand or use in the next year, and ride it off as an expense.
The key to preventing a long draw out recession is to help our small businesses. Let's not repeat history. We need to quickly take the actions necessary to prevent a financial crisis from turning into a long drawn out recession. Small business loans are a preventive measure, not a fix-it measure. Let's get our people back to work quickly with good permanent jobs. The other alternative is to spend 3.6 trillion dollars and have an educational bill to go to college which provided us the necessary stimulus to take us out of the depression. Does this sound familiar? It seems to be the current track of the bills coming out of Congress. It would be cheaper today to help our small business community get back on track, and have them start hiring people now. The recession will recede quickly with direct stimulus money in the most effective place, our small business sector, the backbone of our economy. It is the entrepreneurship of our people, which make this country as great as it is. Their dreams and hard work are indispensable. - Reply to this comment
