How is outsourcing affecting American Citizens, its not...

How is outsourcing affecting American Citizens, its not only taking jobs away from us Americans but is also hurting our US economy. Outsourcing is when a company such as Apple sends jobs overseas to a country such as China and has factory workers there assemble the product for a much lower price. Yes this lowers the price of products but we have to take into account how many jobs this it taking from American citizens. Outsourcing jobs does lower the price of products but jobs should stay here in the US to build our economy and give American’s their jobs back. The issue on outsourcing jobs is not only jobs being taken away from Americans but its hurting our economy. There are many other smaller issues that are created when jobs are†¦show more content†¦(Outsourcing Ruining Americas Economy and Devasting U.S. Workers | Economy in Crisis, 2013) The way companies are taxed when they outsource also affects us. When I company outsources they are taxed less causing the gove rnment to receive less money which ends up giving Americans less. That money could be used to building new roads, bridges, school, etc. Jobs such as factory workers would employ many of the unemployed in America. Even jobs for the middle class are now being outsourced such as computer and technology. Not having a job doesn’t allow people to buy homes, pay taxes, or even profit companies. Companies outsourcing are not always about providing humane working conditions. Outsourcing also may not benefit other countries economy. (Ellis-Christensen, 2013) Outsourcing has grown dramatically in the past few years due to the flexibility offered new information technology. Within the next five years it is estimated that $365 billon or 15 percent of financial service industry current cost will be moved off shore. (Federal Deposit Insurance Corpartion, 2013) Large companies are sending a job overseas to foreign countries for what they save is creating saving. After you take into account e verything that goes into sending the jobs overseas things such as shipping, management, and even a place for the workers to work. After all those cost are added up it gets more expensive than whatShow MoreRelatedOutsourcing And Offshore Outsourcing : Outsourcing1038 Words   |  5 PagesRunning Head: Outsourcing and Offshore Outsourcing 1 Outsourcing and Offshore Outsourcing Natasha Bing Grantham University Outsourcing and Offshore Outsourcing 2 Abstract (Greaver, 1999) proclaims that outsourcing is of a strategic nature and that the decision-makingRead MoreOutsourcing : Outsourcing And Outsourcing1541 Words   |  7 Pagesyears, although outsourcing has been seen as a common method used to achieve a successful business, many literatures on Information System still believe that most of the software could be better off build in-house and this can also be supported with the fact that there are evidences of organisations that took a significant damage from outsourcing. Therefore, whether or not a company should outsource part of their projects, it all depends on how the organisation manages its outsourcing system. 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