12.09.2004

Outsourcing the CEO could save thousands of jobs Seacoastonline.com (12.9.04)
So the problem is skilled workers losing their good high–paying jobs (the backbone of our most recent economic boom... ah, the Clinton years) to workers making much less overseas. But what do we do about it?

Outsource the CEO!
It's the right and reasonable solution to the outsourcing problem.

Wow. It's like this guy is reading our mind.

When an American programmer makes $60K and a Ph.D.–holding, English–speaking Indian programmer $6K, that's hard for companies to resist. Add in the pensions you can skip here by laying off older Americans in favor of young Indians. You can also use special visas to bring some of those foreign workers here to push down wage rates for the jobs that remain in the United States. And you can stop paying for health-care benefits because they're covered by government in many other countries. The savings just get bigger and bigger. And you'll move to the lower U.S. tax bracket for overseas operations. Plus you'll pocket the tax subsidies given by other countries to attract offshoring work.

That would be what we like to call "the Nutshell."
And if those Indians get uppity and start raising their rates, you'll just threaten to move the jobs to China, with even more millions desperate for work, willing to work for less and less.

Then, with the savings, you could invest in new products and create new jobs back here at home, right? Well, assuming you still think of America as home, an idea that doesn't actually have much meaning to a multinational corporation except when it's angling for local subsidies.

Some folks (like those nice people at Bush Co.) would call that kind of talk "Unamerican"... but not us. We call it "The Truth."

And you probably will create some new jobs, though it's unlikely they'll number anything like the jobs you killed. Just what those jobs will be in isn't clear. New fields such as "stem cells" and "nanotechnology" get talked about, but they're not substantial yet, and the same countries eating up the information technology jobs are busy educating low-cost workers for these new fields too.

Hey, those depend on that "Evolution" that Satan–worshipper Darwin espoused and they're trying to brainwash our kids with in the public (read: heathen/liberal/socialist) school system!
(By the way, that was sarcasm. All hail Lord Satan!)

But hey, the Americans who still have jobs will get to buy your product at lower prices. Well, after stockholders get a dividend and top execs get more options and a bonus, that is.

Wait, wait: we might be in love. This is good stuff right here...

But let's get back to this idea of "outsourcing the CEO" which intrigues us mightily...

Why doesn't this outsourcing analysis apply to the CEO and other top execs?

Hmmm, because the rich get richer and the poor get the picture? (to quote Midnight Oil) By the way, this kind of talk is considered "class warfare" by the Investment Class who have been waging it on the Middle Class and Poor for years so they should know.

You'll see it suggested a thousand times in angry discussions about outsourcing, from information technology workers laid off in their 30s, 40s, or 50s and unable to find another job for years.

Outsource the CEO first, they say. Then talk to me about outsourcing my job.

I think someone is going to be getting a visit from the F.B.I.

Talk about overpaid: American CEOs used to make 30 times as much as the average worker. Now they make 400 times as much. Add in the stock options, mega–pensions, corporate jets, club memberships, loans that don't have to be paid back, and the CEO total take is even richer.

There's the fat to cut, the waste to eliminate.

Yes, yes: fat to cut, waste to eliminate. Wait... is he talking about some kind of revolution? What are we Europeans? No, we're Americans and that sort of stuff makes us nervous because it might mean higher prices at the Wal–Mart or that NASCAR would be pre–empted. Hell, we don't even bother to have real elections in this country anymore (see there's that White Hot Anger we've been feeling since November 3rd).

As always, read and decide for yourself.

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