The Prosperity of Big Business Has Become Disconnected from the Well Being of Most Americans {Reich}

[xchrom]

http://www.nationofchange.org/problem-isn-t-outsourcing-it-s-prosperity-big-business-has-become-disconnected-well-being-most-ameri

President Obama is slamming Mitt Romney for heading companies that were “pioneers in outsourcing U.S. jobs,” while Romney is accusing Obama of being “the real outsourcer-in-chief.”

These are the dog days of summer and the silly season of presidential campaigns. But can we get real, please?

The American economy has moved way beyond outsourcing abroad or even “in-sourcing.” Most big companies headquartered in America don’t send jobs overseas and don’t bring jobs here from abroad.

That’s because most are no longer really “American” companies. They’ve become global networks that design, make, buy, and sell things wherever around the world it’s most profitable for them to do so.

[rfranklin]

1. Does Apple really need an "on call" army of factory workers?

Apple employs 43,000 people in the United States but contracts with over 700,000 workers overseas. It assembles iPhones in China both because wages are low there and because Apple’s Chinese contractors can quickly mobilize workers from company dorms at almost any hour of the day or night.

http://www.nationofchange.org/problem-isn-t-outsourcing-it-s-prosperity-big-business-has-become-disconnected-well-being-most-ameri

[Egalitarian Thug]

2. K&R They haven't been American since at least the 70's. n/t

[Romulox]

3. This is the standard NEO-LIBERAL cant, and would be right at home at CATO. Reich unmasks himself,

for anyone who had thought him a "liberal standard bearer".

So forget the debate over outsourcing. The way we get good jobs back is with a national strategy to make Americans more competitive — retooling our schools, getting more of our young people through college or giving them a first-class technical education, remaking our infrastructure, and thereby guaranteeing a large share of Americans add significant value to the global economy.

[brentspeak]

4. Exactly. Reich is still trying to cover his a$$ for

cheerleading NAFTA into law. The nation is in an economic tailspin partly due to cheap labor shills like him.

[antigop]

5. Yeah. We give young people a first-class technical education so they can be unemployed

because the tech jobs (including R&D) have moved overseas or the jobs are being taken here by h-1b and L1 visas.

[xchrom]

6. Yes - I posted a pretty good article on the Skills Shortage myth

Yesterday? Or the day before? Nobody cared.

[freshwest]

7. Excellent piece. Thanks.

For visibility:

[treestar]

8. So true. It's no longer "what's good for GM is good for the nation"

That Apple Executive who said, "It's not up to us to solve America's problems," hello, they are global. And we should never bail them out in any way after we've heard that said!