AMERICA'S WEAPON OF MASS DESTRUCTION - More Jobs Going Abroad

(02/16/2004)

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:

3Com, 3M

Accenture, Adaptec, Adobe Systems, Advanced Energy Industries, Aetna, A.G. Edwards, Agere Systems, Agilent Tech., AIG, Alamo Rent A Car, Albertson's, Alliance Semiconductor, Allstate, Alpha Thought Global, Amazon.com, AMD, American Express, American Management Systems, American Standard, Amphenol Corp., Analog Devices, Andrew Corp., AOL, Applied Materials, A.T. Cross Company, AT&T, AT&T Wireless, A.T. Kearney, Avanade, Avery Dennison

Bank of America, Bank of New York, Bank One, BearingPoint, Bear Stearns, Bechtel, BellSouth, Best Buy, Black & Decker, BMC Software, Boeing, Brocade, Bumble Bee

Cadence Design Systems, Capital One, Carrier, Cendant, Cerner Corporation, Charles Schwab, ChevronTexaco, CIBER, Ciena, Cigna, Circuit City, Inc., Cisco Systems, Citigroup , Coca-Cola, Comcast Holdings, Computer Associates, Computer Sciences Corporation, Continental Airlines, Convergys, Cooper Tire & Rubber, Cooper Tools, Countrywide Financial, COVAD Comm., CSX, Cummins

Dell Computer, Delta Air Lines, Direct TV, Discover, Document Sciences Corp., Dow Chemical , DuPont

Earthlink, Eastman Kodak, Eaton Corporation, EDS, Electroglas, Electronics for Imaging, Eli Lilly, EMC, Emerson Electric, En Pointe Technologies, Equifax, Ernst & Young, Evolving Systems, Expedia, ExxonMobil

Fair Isaac, Fedders Corporation, Fidelity Investments, Financial Techologies International, First American Title Ins., First Data, Fluor, Ford Motor, Franklin Mint

Gateway, GE Capital, General Electric, GlobespanVirata, Goldman Sachs, Goodrich, Google, Greenpoint Mortgage, Guardian Life Insurance

The Hartford Financial Services Group, HealthAxis, Hewitt Associates, Hewlett-Packard, The Holmes Group, HSN, Humana

IBM, IndyMac Bancorp, Infogain, Innodata Isogen, Intel, Intl. Paper, Intuit, ITT Educational Services

Jabil Circuit, Jacobs Engineering, Jacuzzi, JDS Uniphase, Johnson Controls, Johnson & Johnson, JPMorgan Chase, Juniper Networks

KANA Software, Kaiser Permanente, Keane, KeyCorp, KLA-Tencor, Kwikset

Lawson Software, Lehman Brothers, Levi Strauss, Lexmark International, Lifescan, Lillian Vernon, Linksys, Lionbridge Technologies, LiveBridge, Lockheed Martin, Lowe's, Lucent

Maritz, Marshall Fields, Mattel, Maytag, McDATA Corporation, Medtronic, Mellon Bank, Merrill Corporation, Merrill Lynch, Metasolv, MetLife, Microsoft, Monsanto, Morgan Stanley Motorola

Nabco, National City Corporation, National Life, National Semiconductor, NCR Corporation, neoIT, NETGEAR, Network Associates, Newell Rubbermaid, New York Life Insurance Co., Northwest Airlines

Office Depot, Ohio Art, ON Semiconductor, Oracle, OshKosh B'Gosh, Otis Elevator Co., Owens Corning

palmOne, Parker-Hannifin, Parsons E&C, Pearson Digital Learning, Pericom Semiconductor, Perot Systems, Pfizer, Pitney Bowes, Planar Systems, Portal Software, Pratt & Whitney, Primus Telecom, Procter & Gamble, ProQuest, Providian Financial, Prudential Insurance

Qwest Comm.

Rainbow Technologies, Radio Shack, Raytheon Aircraft, RCG Information Technology, Regence Group, Rogers, Rohm & Haas, RR Donnelley & Sons, Russell Corporation

SAIC, Sanmina-SCI, SBC Comm., SEI Investments, Siebel Systems, Sikorsky, SMC Networks, Solectron, Sovereign Bancorp, Sprint, Sprint PCS, Starkist Seafood, State Farm Insurance, State Street, StorageTek, SunTrust Banks, Supra Telecom, SurePrep, The Sutherland Group, Sykes Enterprises, Synygy

Target, Tecumseh, Telcordia, TeleTech, Tellabs, Texas Inst., Thrivent Financial for Lutherans, Time Warner, Toys "R" Us, Triquint Semiconductor, Tropical Sportswear, TRW Automotive, Tyco Electronics, Tyco Intl.

Union Pacific Railroad, Unisys, United Online, United Tech.

VA Software, Veritas, Verizon, VF Corporation

Wachovia Bank, Washington Group Intl., Washington Mutual, WellChoice, Werner Co., West Corporation, Weyerhaeuser, Whirlpool, Wolverine World Wide, Wyeth

Yahoo!

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 country."

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.


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