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	<title>Comments on: Outsourcing: How Much Is Too Much?</title>
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	<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/</link>
	<description>Citizen Economists is an online economics magazine written by citizen journalists. These ordinary citizens provide reports and commentary on the current events affecting the economics of the fields they work in.</description>
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		<title>By: J.D. Seagraves</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/comment-page-1/#comment-1592</link>
		<dc:creator>J.D. Seagraves</dc:creator>
		<pubDate>Mon, 29 Sep 2008 18:24:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.amateureconomists.com/blogs/?p=304#comment-1592</guid>
		<description>Walter - The money hasn&#039;t returned yet. But it will. It has no intrinsic value. There&#039;s no need to hold it for its own sake. Eventually, it will return -- and that won&#039;t be a good thing, by the way. Keeping the money out of circulation &quot;strengthens&quot; the dollar. Putting it back into the domestic market will weaken it, cause prices to rise, etc. It&#039;s an inevitability. The culprit is not India or China but the Federal Reserve System that makes these trades (real goods and services for worthless paper) possible.</description>
		<content:encoded><![CDATA[<p>Walter &#8211; The money hasn&#8217;t returned yet. But it will. It has no intrinsic value. There&#8217;s no need to hold it for its own sake. Eventually, it will return &#8212; and that won&#8217;t be a good thing, by the way. Keeping the money out of circulation &#8220;strengthens&#8221; the dollar. Putting it back into the domestic market will weaken it, cause prices to rise, etc. It&#8217;s an inevitability. The culprit is not India or China but the Federal Reserve System that makes these trades (real goods and services for worthless paper) possible.</p>
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		<title>By: Raymond</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/comment-page-1/#comment-1580</link>
		<dc:creator>Raymond</dc:creator>
		<pubDate>Mon, 29 Sep 2008 01:54:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.amateureconomists.com/blogs/?p=304#comment-1580</guid>
		<description>Rule 8A is another form of intervention in the economy by the government along with monetary policies that caused the housing bubble.       There&#039;s your goat.

If you are still eating then you&#039;re still grocery shopping,
do you only buy made in America products?


I admit I do have a self serving response on the subject of outsourcing-----

(1)  Lower prices for goods save me money.

(2)  Lower costs frees up more of my income to save a little more for my kids education,   and perhaps buy a little more
Coca Cola stock.    I believe the Indians and Chinese will drink more of the stuff.</description>
		<content:encoded><![CDATA[<p>Rule 8A is another form of intervention in the economy by the government along with monetary policies that caused the housing bubble.       There&#8217;s your goat.</p>
<p>If you are still eating then you&#8217;re still grocery shopping,<br />
do you only buy made in America products?</p>
<p>I admit I do have a self serving response on the subject of outsourcing&#8212;&#8211;</p>
<p>(1)  Lower prices for goods save me money.</p>
<p>(2)  Lower costs frees up more of my income to save a little more for my kids education,   and perhaps buy a little more<br />
Coca Cola stock.    I believe the Indians and Chinese will drink more of the stuff.</p>
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		<title>By: Walter Nodelman</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/comment-page-1/#comment-1557</link>
		<dc:creator>Walter Nodelman</dc:creator>
		<pubDate>Sun, 28 Sep 2008 01:40:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.amateureconomists.com/blogs/?p=304#comment-1557</guid>
		<description>Walter responds …
 
Raymond, on Sept 25 said:
Lower costs frees up more of AMERICAN’S INCOME to save and invest.   

That statement ignores the situation of Americans having no jobs and NO INCOME.  The Home Depot story talked of American JOBS in China, and paychecks or INCOME from those jobs also in China.   

How did Raymond get back to “AMERICAN INCOME”?

Employment is not at 94% as the U S Labor Department falsely announces.   That number would be a lie, a gross  overstatement, even if that number were transposed.   

I personally, with multiple college degrees and multiple decades of high technology experience, have been seeking employment since 9/11 happened.   That is typical today.

J.D. Seagraves, on Sept 25 said:
Money used to purchase foreign goods ultimately has to RETURN to the country of origin. … they’re going to eventually use it to buy something.  

Seagraves assumes money returns to my town from India and China.  
However, Americans can not find employment to produce INCOME, and here is one reason why….

SBA MDB Rule 8A  (Small Business Administration of the Federal Government, MINORITY Disadvantaged Businesses,   Rule 8A.).

Moves a MINORITY individual or organization to the HEAD of the QUEUE to obtain work.   

For instance,  moves Adil ( www Adil com ) and 
Fourth Technologies of INDIA ( www Fortek com )  and 
( www uciny com )  to the head of the line to obtain work.   

The WORK goes to their local branch office in the USA (manned by Asian Indians who are a minority population in the USA).   From that local branch office - the acquired work then goes to thousands of Cubicles in India, where it is worked on.    

Rule 8A is a huge advantage in keeping America&#039;s work in India&#039;s Cubicles.   

Check out the named websites.   These companies and others brag about their &quot;8A&quot; certificates, and their Asia addresses.    They are laughing at us on their websites.

Don’t talk about “American’s INCOME” while foreclosures are a national problem roiling the Congress and Wall Street. It is caused by unemployed Americans.  That in turn is caused by “8A” and also the wholesale BUYERS of Home Depot.

The money in paychecks which reach India and China never returns to my state to make mortgage payments to our banks.    

Walter A Nodelman</description>
		<content:encoded><![CDATA[<p>Walter responds …</p>
<p>Raymond, on Sept 25 said:<br />
Lower costs frees up more of AMERICAN’S INCOME to save and invest.   </p>
<p>That statement ignores the situation of Americans having no jobs and NO INCOME.  The Home Depot story talked of American JOBS in China, and paychecks or INCOME from those jobs also in China.   </p>
<p>How did Raymond get back to “AMERICAN INCOME”?</p>
<p>Employment is not at 94% as the U S Labor Department falsely announces.   That number would be a lie, a gross  overstatement, even if that number were transposed.   </p>
<p>I personally, with multiple college degrees and multiple decades of high technology experience, have been seeking employment since 9/11 happened.   That is typical today.</p>
<p>J.D. Seagraves, on Sept 25 said:<br />
Money used to purchase foreign goods ultimately has to RETURN to the country of origin. … they’re going to eventually use it to buy something.  </p>
<p>Seagraves assumes money returns to my town from India and China.<br />
However, Americans can not find employment to produce INCOME, and here is one reason why….</p>
<p>SBA MDB Rule 8A  (Small Business Administration of the Federal Government, MINORITY Disadvantaged Businesses,   Rule 8A.).</p>
<p>Moves a MINORITY individual or organization to the HEAD of the QUEUE to obtain work.   </p>
<p>For instance,  moves Adil ( www Adil com ) and<br />
Fourth Technologies of INDIA ( www Fortek com )  and<br />
( www uciny com )  to the head of the line to obtain work.   </p>
<p>The WORK goes to their local branch office in the USA (manned by Asian Indians who are a minority population in the USA).   From that local branch office &#8211; the acquired work then goes to thousands of Cubicles in India, where it is worked on.    </p>
<p>Rule 8A is a huge advantage in keeping America&#8217;s work in India&#8217;s Cubicles.   </p>
<p>Check out the named websites.   These companies and others brag about their &#8220;8A&#8221; certificates, and their Asia addresses.    They are laughing at us on their websites.</p>
<p>Don’t talk about “American’s INCOME” while foreclosures are a national problem roiling the Congress and Wall Street. It is caused by unemployed Americans.  That in turn is caused by “8A” and also the wholesale BUYERS of Home Depot.</p>
<p>The money in paychecks which reach India and China never returns to my state to make mortgage payments to our banks.    </p>
<p>Walter A Nodelman</p>
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		<title>By: J.D. Seagraves</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/comment-page-1/#comment-1508</link>
		<dc:creator>J.D. Seagraves</dc:creator>
		<pubDate>Fri, 26 Sep 2008 05:07:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.amateureconomists.com/blogs/?p=304#comment-1508</guid>
		<description>Money used to purchase foreign goods ultimately has to return to the country of origin. What are the foreigners going to do? Cherish it for its intrinsic value? No, they&#039;re going to eventually use it to buy something. Otherwise they&#039;re trading real goods for worthless paper.</description>
		<content:encoded><![CDATA[<p>Money used to purchase foreign goods ultimately has to return to the country of origin. What are the foreigners going to do? Cherish it for its intrinsic value? No, they&#8217;re going to eventually use it to buy something. Otherwise they&#8217;re trading real goods for worthless paper.</p>
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		<title>By: Raymond</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/comment-page-1/#comment-1497</link>
		<dc:creator>Raymond</dc:creator>
		<pubDate>Thu, 25 Sep 2008 13:48:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.amateureconomists.com/blogs/?p=304#comment-1497</guid>
		<description>Lower prices for goods helps reduce Americans cost of living.

Lower costs frees up more of Americans income to save and invest.</description>
		<content:encoded><![CDATA[<p>Lower prices for goods helps reduce Americans cost of living.</p>
<p>Lower costs frees up more of Americans income to save and invest.</p>
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		<title>By: Walter Nodelman</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/comment-page-1/#comment-1490</link>
		<dc:creator>Walter Nodelman</dc:creator>
		<pubDate>Thu, 25 Sep 2008 01:34:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.amateureconomists.com/blogs/?p=304#comment-1490</guid>
		<description>The issue is not the price of toilets.   It is PAYCHECKS IN CHINA.
---
Home Depot has many stores with few customers and no selling.

Home Depot announced that it is cutting prices to try to induce a return of customers who buy.  

Home Depot fills its stores with stuff made in Communist China.   Nothing is labeled &quot;Made in USA&quot;.   All of the paychecks for those products got cashed in China. 

All of the now unemployed Americans have no paychecks and are unlikely to reach for their empty wallets when they are inside a Home Depot. 

But, Home Depot management thinks that cutting the price on toilets is going to solve the problem. 

That is like blaming the Wall Street meltdown on mortgage foreclosures. Again, the real problem with mortgages is homeowners whose jobs are in China, thanks to the wholesale merchandise BUYERS at Home Depot.</description>
		<content:encoded><![CDATA[<p>The issue is not the price of toilets.   It is PAYCHECKS IN CHINA.<br />
&#8212;<br />
Home Depot has many stores with few customers and no selling.</p>
<p>Home Depot announced that it is cutting prices to try to induce a return of customers who buy.  </p>
<p>Home Depot fills its stores with stuff made in Communist China.   Nothing is labeled &#8220;Made in USA&#8221;.   All of the paychecks for those products got cashed in China. </p>
<p>All of the now unemployed Americans have no paychecks and are unlikely to reach for their empty wallets when they are inside a Home Depot. </p>
<p>But, Home Depot management thinks that cutting the price on toilets is going to solve the problem. </p>
<p>That is like blaming the Wall Street meltdown on mortgage foreclosures. Again, the real problem with mortgages is homeowners whose jobs are in China, thanks to the wholesale merchandise BUYERS at Home Depot.</p>
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		<title>By: IT Outsourcing India :: Outsourcing: How Much Is Too Much? :: September :: 2008</title>
		<link>http://www.citizeneconomists.com/blogs/2008/09/23/outsourcing-how-much-is-too-much/comment-page-1/#comment-1468</link>
		<dc:creator>IT Outsourcing India :: Outsourcing: How Much Is Too Much? :: September :: 2008</dc:creator>
		<pubDate>Wed, 24 Sep 2008 03:06:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.amateureconomists.com/blogs/?p=304#comment-1468</guid>
		<description>[...] So what is offshoring? Offshoring, or outsourcing, means the taking of a job and giving it to someone else who is in another country. Obviously this person needs to be paid, albeit at a lower cost. Now an economy works by everyone contributing something. This means that the customer who is at a supermarket is actually serving someone else somewhere. So a customer in a grocery store can become the salesman in a shoe shop, and a teller in the grocery store will become the customer in a shoe shop. Read More Article&#8230; [...]</description>
		<content:encoded><![CDATA[<p>[...] So what is offshoring? Offshoring, or outsourcing, means the taking of a job and giving it to someone else who is in another country. Obviously this person needs to be paid, albeit at a lower cost. Now an economy works by everyone contributing something. This means that the customer who is at a supermarket is actually serving someone else somewhere. So a customer in a grocery store can become the salesman in a shoe shop, and a teller in the grocery store will become the customer in a shoe shop. Read More Article&#8230; [...]</p>
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