Manufacturing Industry Moving Abroad
The problem of manufacturers relocating to different areas of the world to produce goods is a problem that has been around for decades. The appeal for manufacturers to move overseas is clearly seen. According to Sen. Carl Levin, "Cheap labor, no safety standards and no environmental standards" (2) are prime reasons why many jobs are being moved overseas. According to the Labor Research Association, "The new attention in the media to the export of jobs did not develop until white-collar jobs began to evaporate along with manufacturing jobs and no replacement jobs appeared. The export of jobs is no longer just a question of factory jobs. Forrester Research reports that 3.5 million U.S. white-collar jobs will move offshore by 2015-about 200,000 jobs a year- to low-wage counties such as India, China and Mexico" (Exporting the Blame 1) Wages in these counties compared to that of the United States are a clear indication of why manufacturers are so eager to try out the overseas markets. According to the Labor Research Association, A U.S. company can hire a software developer in the U.S. for $60 an hour, or one in India for $6 an hour. So what's to be done to combat the desire of companies to move to other countries? In a utopian society
In the case of workers across the board losing their jobs and families suffering because of that there is clearly something that the government should do. In a society where the ever changing face of technology is changing there is no safeguard against being unemployed unless something can be done. As a result lay offs are incurred because businesses cannot afford to keep people employed when the cost of operating is far exceeding the revenue that is coming in and that makes it hard on manufacturers to keep producing their product when they are taking a hit in their wallet. So the question is should the government place a tax on the profits the earnings that these companies make? Should the government establish some form of program to make new jobs to replace the ones that are being lost overseas? I believe that the government should step in and produce and help control the problem that puts millions of people out of work. Many companies have had to hire one or more persons just to handle government regulations imposed on them. The middle class or often called the "working class" of the United States is suffering. Something in terms how the Social Security taxes are taken out of our paychecks are taken out there should be a tax taken out to safeguard us against our job being lost. Depending only on the help of the unemployment services that are provided is not enough. " (3) As it has always been said all along that when consumers aren't spending the economy is at a stand still and declines because when we don't spend money, people do not make money and neither do businesses. (2) The impact of manufacturers moving their business overseas has prompted the government to try to establish ways to combat the darting of business overseas. This adds to the cost of doing business, but also takes away a lot of time the business should be using to pay attention to customers, employees and the growth of the business". So the fault cannot be placed in free-market investors. As stated by the Labor Research Association , "Bush in pressuring China to devalue its currency, adding credence to the idea that blame for the joblessness in the U. Many solutions could be offered to combat the problem of manufacturers moving but as much as we would want a perfect solution to the problem, it's not really at fault of the investors or the manufacturing companies for wanting to get the most out of their companies as far as profit. The stand the government takes in helping those who are suffering from the loss of their jobs is an important topic that will surely be felt all the way to the Election of 2004.
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