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Maya2001 -> RE: Outsourcing (1/19/2008 9:47:41 PM)
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quote:
ORIGINAL: domiguy
I will buy the most competitive product available....You can bury your head in the sand. The global economy has arrived. Sink or swim folks. Buying American is a concept of a lost time. Just because something is no longer manufactured here does not mean that it is crap.
As other countries economies rise it makes it harder for companies to succesfully outsource. There is a cost that is understood by outsourcing these jobs...It is more than just dollars and cents. I assure you that many jobs that are outsourced to India the people are not making 5 to 6k a year but much, much more. It is a competitive field. So if you don't offer something unique or valued you can be replaced....Nothing new here.
But go on and bitch....Piss in the wind....Or yell at the rain. Things are going to get worse before they get better, but the times they are a changin'. Not to recognize this fact requires some type of delusion.
An autoworker in the US makes about $60,000 thousand a year
here is the Tata website which states their wages http://www.tatanano.com/tatamotors/index.php?option=com_content&task=view&id=36&Itemid=131
Tata is targeting a price of 100,000 rupees one lakh, in Indian terms of measurement or about $2,500 at current exchange rates, for its small car. That sounds impossibly cheap in the West but remains three times higher than India's annual per capita income. The average pay for factory workers at Tata Motors is just $5,500 a year.
Domiguy you are right things will get far worse, the story about Delphi with the last employee contract which happened to be owned by GM but they sold and then interfered with the employees negotiations with their contract settlement is a very good example of what it to come yet
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