Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
"We the people of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America." What a paragraph! This sparse, 52-word opening of our Constitution did not merely launch a fledgling nation--but a bold experiment in democratic idealism.
Sign up for email alerts, from breaking news to weekly commentary:
Also in this issue:
Have a gander at the whole store here...
Home | Contact | RSS | Privacy policy | Copyright Public Intelligence, Inc., all rights reserved 1999-2011
OUTSOURCING AMERICA
For some years now, corporations have outsourced most
of America’s call-center jobs to India. Well, you
said, you’re more skilled than that, so you won’t
worry about it. Then you saw accounting jobs, legal
research, and architectural drafting going to India,
too—but, hey, you do sophisticated stuff, so you
can’t sweat those losses.
Next, our country’s high-tech computer jobs started
being shipped to India—and, uh-oh, that’s getting
close to what you do. Still, you said, I’m a
professional, by gollies, so I’m okay.
Maybe not. Such outfits as Citigroup, Boeing, and Eli
Lilly are now moving out the work of whitecollar
elites—including investment banking, aircraft design,
and the clinical testing of drugs. “Highend
outsourcing” is the new wave, and it’s pulling away
the professional work of well-educated Americans
who’ve been enjoying six-figure salaries, nice homes,
and the good life.
Economist Alan Binder, a former top official at the
Federal Reserve, says, “We have, so far, barely seen
the tip of the offshoring iceberg, the eventual
dimensions of which may be staggering.” How
staggering? Binder says that up to 42 million
American workers— about one-third of us— are looking
at a rude awakening.
What’s next? Binder says America needs to increase
jobs that have to be done in person so they can’t be
outsourced— jobs like doctor and police officer.
Yeah, well, I’m thinking we’ll need lots of police
work to employ everyone who can’t be a doctor!
And...how, exactly, are the rest of us to pay for
seeing the doctor?