It isn't just IT workers and accountants losing to outsourcing.

[gulliver]

It's everybody.

Our network sysadmin (a Bush voter) was kind of gloating about how programming salaries were headed down. So I asked him, "When our jobs are shipped overseas, whose network are you going to administer?" Sobered him up.

Then all of these IT people and accountants are going to start looking for the jobs that can't be outsourced. By the law of supply and demand, those jobs will therefore pay less. And a lot of people are going to lose those jobs.

No one is safe from outsourcing. If you own a home and whole sectors of white collar workers are put out of work or forced to take huge pay cuts, they won't be able to afford to buy your home -- at least not at its current price. Then home values have nowhere to go but down.

This outsourcing trend, under the guise of free trade, and using loopholes in L-1 and H-1B visa laws to accelerate (by insourcing), must be addressed.

[brokensymmetry]

1. Excellent points!

I can grasp these concepts. And a lot of other folks here on DU can grasp them too. The question is...why can't our leaders?

[mindem]

2. Studies by Gartner, Inc

show that U.S. firms struck around 120 billion dollars worth of outsourcing deals in 2003 - an increase of 44 percent over 2002. They project another 33 percent increase this year. It's like trying to stop a glacier. As long as corporate priorities center around an ever increasing bottom line and huge returns for the investors the average American is going to be in for some real hard times.

[Ilsa]

3. A Bush Idiot LTE blamed the unions naturally.

Blamed people for wanting $20/hr jobs when India will take them for $10/day. I wonder when his job will be outsourced and how he will manage getting by on $10/day. Didn't seem to be bugged at all by corporatism.