Raising the standard?
Lawrence A. Tillinger
IN “THE CHINA SYNDROME” (OCTOBER 2003), you say that “IT outsourcing … work is done in other countries where labor is generally cheaper.” This causes unemployment and reduced business capital investment in the outsourcing country. Why do you not mention that the costs of consumer and business goods and services are also generally cheaper in those countries to which the work is outsourced? Offshore IT outsourcing exports employment and the business capital investment that goes with it. The employees in those other countries are not being exploited by low salaries and wages; rather, they are having their standard of living raised.
Lawrence A. Tillinger
SFLI
Morristown, New Jersey
COPYRIGHT 2004 CFO Publishing Corp.
COPYRIGHT 2004 Gale Group
