| Bob Weaver|
The "outsourcing" or shifting of hundreds of thousands of white collar, high tech jobs to China, India and other foreign
countries is good for the U. S. economy, according to N. Gregory Mankiw, Chairman of Bush's White House Council
of Economic Advisers.
"Outsourcing" is corporate lingo for telling workers "You ain't got a job." It joins other soft words for job loss like down-sizing, right-sizing and layoff.
The loss of white collar jobs follows the loss of millions of blue collar jobs to foreign countries, where labor is cheap and
benefit packages are scarce.
White collar jobs are now part of the "giant sucking sound" - free trade, world trade, open markets, WTO, NAFTA and GATT.
Washington politicians, economists and corporate America say it is good for America.
With most of West Virginia's low to middle-income production jobs going abroad, such an endorsement would not come
from the state's unemployed blue collar workers.
Several thousand jobs, mostly low-paying jobs, have left the Little Kanawha/Central West Virginia region to foreign countries in the past seven years.
Many workers have lost their retirement and health benefits, including retirees.
This is the dumbing down of the American pay check, most certainly damaging the American Dream and the American middle class.
Now high-tech workers who have earned $40,000-$90,000 a year are being replaced by high-tech professionals in
India and China for $25,000 or less.
Mankiw made glowing comments regarding the jobs going abroad,"More things are tradeable than were tradeable in the
past and that's a good thing."
Meanwhile, America's trade deficit ballooned to an all-time high in 2003, reflecting the
hearty U.S. appetite for foreign-made cars, clothing and TVs.
The total trade deficit neared $500 billion, 17.1 percent larger than the previous record set in 2002, the
Commerce Department reported this past week. The deficit with China alone was close to $124 billion record.
Most economists said this is a good thing, while America's manufacturers contend that China is deliberately undervaluing
its currency, the yuan, by as
much as 40 percent. That would give China a big trade advantage against U.S. companies.
Still, at the slightest bend in the road, China attacks the American democracy.
America, particularly since the Iraqi war, seems to have few friends around the world, a significant failure in foreign policy.
The latest snapshot of trade activity comes amid rising tensions over global trade and worries about movement of U.S. jobs to other countries.
Little concern has been expressed among America's corporate giants or America's politicians in the past 25 years.
The tension is among American workers and families who are struggling to find a job, work two jobs and make ends meet.
There is tension within state governments that are not getting enough tax money to make ends meet. Fewer jobs, fewer taxes. The Bush
administration is proclaiming an "increasing economy" based on low paying service jobs.
Hundreds of thousands of jobs from major U. S. Corporations are on the fast track to be moved abroad.
In the middle of this strategy, it is more noteworthy to repeat - the National Deficit has reached an historical high under the conservative leadership of President George Bush, after a breather where the budget was balanced.
It is so out of control that Bush's conservative Republicans are no longer remaining silent.
CNN's Lou Dobbs has been reporting on the Exporting of America for some time, and has released a list of
companies "confirmed, that are either sending American jobs overseas, or choosing to employ cheap overseas labor,
instead of American workers."
The Corporate List:
Advanced Energy Industries,
Alamo Rent A Car,
Alpha Thought Global,
American Management Systems,
A.T. Cross Company,
Bank of America,
Bank of New York,
Black & Decker,
Cadence Design Systems,
Circuit City, Inc.,
Computer Sciences Corporation,
Cooper Tire & Rubber,
Delta Air Lines,
Document Sciences Corp.,
Dow Chemical ,
Electronics for Imaging,
En Pointe Technologies,
Ernst & Young,
Financial Techologies International,
First American Title Ins.,
Guardian Life Insurance
The Hartford Financial Services Group,
The Holmes Group,
ITT Educational Services
Johnson & Johnson,
National City Corporation,
New York Life Insurance Co.,
Otis Elevator Co.,
Pearson Digital Learning,
Pratt & Whitney,
Procter & Gamble,
RCG Information Technology,
Rohm & Haas,
RR Donnelley & Sons,
State Farm Insurance,
The Sutherland Group,
Thrivent Financial for Lutherans,
Toys "R" Us,
Union Pacific Railroad,
Washington Group Intl.,
Wolverine World Wide,
Fox News reported this week new legislation is being introduced by a group of Senate Democrats that American
employers would be required to warn their employees and affected communities before moving any jobs overseas.
That brings little comfort.
IBM has been quietly moving tens of thousands of their jobs abroad, a few thousand at a time, one of hundreds who have begun serious "outsourcing."
"This week, Americans learned something important. Exporting jobs isn't an accident — it's administration policy,"
Senate Minority Leader Tom Daschle, chief author of the bill.
"This is Alice in Wonderland economics. Nearly every state in the nation has lost manufacturing jobs, and contrary to the
administration's economic theories, there is nothing good about it. The administration is putting corporate profits ahead of
American jobs. And the exporting of jobs is hurting millions of Americans and countless communities across the
While lawmakers on both sides of the aisle have begun hitting the administration over its support for outsourcing.
Politically, both parties have been on the "free trade" bandwagon.
It had just gotten worse, much worse, during the Bush administration.
Opponents to the free and open trade agreements feel the economic playing fields are
so uneven, that American workers are getting the shaft.
With America's newly acquired Trillion dollar debt rising to all time heights under the Bush administration, job losses increasing and wages
falling - something will give.
With the presidential campaign bearing hard on the American voters,
the most important issues could well be lost in the affray.