I Have an Idea, Let's Outsource Unemployment!!

I came across a YouTube video that discusses the issue with outsourcing American jobs and corporations to overseas countries.  Companies are beginning to start up in countries such as China, India, The Philippines, and Panama where workers are used to being paid by pennies each day rather than America’s minimum wage standards.  As I look at almost everything I own in my dorm room, I notice that they are all products of labor in China.  Although I can say I am please with the work they’ve done, I must admit that I am a little distraught that they can take a way so many of our jobs.  I am in school as most people either are, have done, or will do, to get a high degree of education. I do not want to get out of college only to realize that the major I chose to peruse will get me nowhere in America. However, there are some people that don’t blame outsourcing for our bad economy and actually promote it. Alsbridge Incorporated, an outsourcing consultant that advises companies on how to move jobs overseas to save a lot of money. CEO, Ben Trowbridge, argues that without outsourcing companies wouldn’t be able to invest in other things that grow their products and support them. He believes that outsourcing actually helps the economy and allows companies to stay competitive. Others, like President Obama, are very against outsourcing and its affect. He plans to end tax breaks for those companies that continue to send jobs overseas and states that, “One of the keys to job creation is to encourage companies to invest more in the United States.” Also, in order to increase local hiring, Obama also gave a speech in January suggesting a $5,000 credit for every job a company creates and an overall limit of $500,000 credit per company for taking advantage of such benefits. Personally, I agree with Obama’s plan to rid the action of outsourcing.  We should set a goal to bring jobs back to America so we can boost our economy before we try to help struggling foreign nations boost theirs. Limiting outsourcing would be a big step to fixing unemployment in America!