Tuesday, September 28, 2004

Outsourcing

As I read the news of the plethora of Presidential issues that need to be addressed, I still fail to see any answers to outsourcing.

Mr Bush follow's the doctrine of helping business, which isn't bad. However it doesn't address the problems of corporate greed in exploiting the vast and fast new Broadband supply which allows service jobs to be performed overseas for a fraction of the cost.

Likewise, Mr Kerry has a pro union position which will do little to aid those most severely impacted by the continuing migration of work to cheaper sources.

Businessmen follow the creed of Gordon Gecko. Greed is good. In their quest to gain advantages and up their stock a few dollars, they have no regard for the middle class or their displaced workers.

What these stock worshippers have forgotton is it is not a right to run a business here, it's a priviledge.

My answer to the outsourcing problem is simple. If a company is US based and contracts a services position overseas, tax the difference between what it's paying for the overseas asset and the fair market wage in the US. If Microsoft hires 1000 programmers in India for 500 dollars a month, the US Government needs to tax them 65,000 dollars per Indian and also surtax them for Health coverage for those displaced workers.

Removing Tax incentives is not punishment, as Mr Kerry suggests. Giving Small Business is not the answer, as Mr Bush suggests. Neither will have any effect.

The only way is to hit companies where it counts, in their wallet.

The problem is the Washingtonians stopped working for the people a long time ago, and now work for the special interests. The Special interests are the same companies who are outsourcing people en masse.

The answer is a grass roots push, and massive lawsuits against companies unfairly outsourcing. A few lawsuits will not be an issue, but when they turn into hundreds with an endless amount of red tape and bad press, then perhaps we'll see a shift in the tide..