Comments on: Your Salary Not Slashed Yet? Just Wait, it Could Still be Offshored

By: sutski

sutski — Thu, 15 Oct 2009 09:23:43 +0000

Hmmm is manufacturing really the solution ?? These days a factory is so automated, you only need a few people. I have a friend starting a £0.5M project in the UK to make environmentally friendly shower soap dishes!!!

He is planning to employ 6 people…and only 3 on the production line…

Manufacturing jobs are going the same way as Agricultural jobs.

Automate or Die…

Which leaves Project Management (like the new electro car manufatureres), building houses, healthcare and food distribution to lead the next boom….

Indeed.

By: Nun

Nun — Thu, 15 Oct 2009 02:36:16 +0000

Brazil is recovering quickly with a roar, yet they have maybe the most protectionist economy in the world. The endless US claims of free-trade-at-all-cost ignore currency issues and basically BS.

By: diddley unemployed

diddley unemployed — Thu, 15 Oct 2009 01:25:05 +0000

So what’s wrong with that, as I’ve been told many many times. It’s all about the free movement of labor, or in this case the free movement of jobs, and the ability to find the lowest wage costs.

In reality what we currently have is an inverted pyramid structure. This is where we outsource all low level jobs until the only thing we have left are the top upper management positions.

What we really need to do is rotate that pyramid 180 degrees and start at the top instead of the bottom.

Just think if we could outsource the CEO positions of all the top management at all the Wall Street firms to India. Think of the millions in salary and bonuses we could save.

Heck the billions in salary and bonuses to Goldman Sachs CEO’s alone would pay the salaries of lowest level workers for years.