Wednesday, October 13, 2004

What is outsourcing?

excerpt from second presidential debate:

GIBSON: Senator, I want to extend for a minute, you talk about tax cuts to stop outsourcing. But when you have IBM documents that I saw recently where you can hire a programmer for $12 in China, $56 an hour here, tax credits won‘t cut it.

KERRY: You can‘t stop all outsourcing, Charlie. I‘ve never promised that. I‘m not going to, because that would be pandering. You can‘t.

But what you can do is create a fair playing field, and that‘s what I‘m talking about.

This is my view. I'm not for or against it. But just the facts.

In the e-economy boom, outsourcee countries are essential players pushing millions of $ into outsourcer. It was part of the global trading policy that outsourcer proposed. If that is the case, then everybody should enjoy the global trading one day or other.

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