Outsourcing: Ripoff Nation
The article I read is titled “Outsourcing: Ripoff Nation." Outsourcing has been a major contributor to companies trying to bring costs down. One of the most famous countries to outsource to would be China. Many companies have found that by moving their manufacturing facilities to China they can cut costs dramatically, but those companies are finding out that there are also some consequences involved in relocating to China. Since China is so good at making products so cheap, they will make imitations of the products they see move into the country. They are usually able to make them cheaper, so they are able to sell them cheaper. The article says that competitors in China are able make and market their imitated product in as little as two years. This problem is discouraging many companies from outsourcing to China. I think that this is finally giving Americans an advantage when it comes to outsourcing. More companies will likely keep their manufacturing jobs here and provide more jobs for U.S. citizens. This will only benefit our economy. Prices might go up a little because of the more expensive costs, but a company will be able to keep their competitive advantage longer by staying here.
Posted by TR at 2/13/2007 03:42:00 PM