Insourcing call of President Obama
Today’s newspapers flashed the already existing anti outsourcing sentiment of President Obama in a better way by calling it “Insourcing”.
Although the article mentioned more on manufacturing side, it certainly does not leave the IT sector from its generic definition. If I would have been in place of Obama, probably I would also have acted this way and probably even earlier. It is not possible for a country like US to continue to prosper and help other countries prosper unless the local population is taken care of.
“ Americans have to start reworking on their definition of “want vs need”. “
It is not possible for a retail chain store to generate customers to buy products from their stores when all the products they sell is from Asia and all the backend work is done in countries like India.
The local population cannot be just consumers, they also have to earn by working somewhere and there is a balanced ecosystem supported by local companies and helped by government must exist. It certainly does not mean that outsourcing days are numbered in US, but rather far from that. America has to learn to be more frugal and conserve resources which can be used judiciously.
Lots of money and wealth has resulted in everyone consuming more than what they can contribute. All of this has resulted in higher cost of living and finally higher salaries and compensation that are many times higher than any other Asian country.
The only way America can turn the outsourcing tide back is by reducing waste and bringing down the cost of living for its population. American car industry should produce cars better than Japan, have judicious decision on utilization of technology labors instead of using headcounts as they come cheap from India, don’t buy or produce things which are not needed and focus back on higher value generation.
Americans have to start reworking on their definition of “want vs. need”. This is not going to be easy, certainly not in near future, but may be a starting point which will shape up another change in America.
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