Quotes About Offshoring

We have offshored a lot of our industry for critical supplies, critical health care supplies, and critical medicines to save money.

There are companies that are cutting their costs by over 50% by offshoring.

When the manufacturing decline began in earnest in 2001, the main culprits were the offshoring of jobs to China, with which we have no trade deal, and automation.

In a globalized economy, where corporations are held to the almighty dollar and raising the stock price involves layoffs, overworked staffs, and offshoring, this strategy I've shown you of cutting developer costs is making good code obsolete. As developers, we're going to be asked/told/conned into writing twice the code in half the time if we're not careful.

The offshoring of American jobs by global corporations and the deregulation of the U.S. financial system have resulted in American economic failure.

I'd grown up in a working class neighborhood in Baltimore, a place hard hit by the offshoring of numerous heavy industries - steel, textile, shipbuilding.

In the West we spend half our time fretting about low-skilled immigrants. We should be worrying at least as much about high-skilled offshoring.

Offshoring is like the winter. You don't ask if it is good or bad - you ask what do you do about it. The answer is you dress warmly.

Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the appropriate incentives and discourage undesirable behaviour. It does not bully or threaten particular firms or portray traumatised refugees as a security threat.

Lesser-skilled workers suffer the entire burden of lower wages but capture only a portion of the benefits from lower-priced offshore goods.

the financial markets had helped accelerate the offshoring of jobs and the concentration of wealth in a handful of cities and economic sectors

From the 1970s, there has been a significant change in the U.S. economy, as planners, private and state, shifted it toward financialization and the offshoring of production, driven in part by the declining rate of profit in domestic manufacturing.

Marx and Lenin were ahead of their time. Marx wrote before offshoring of jobs and the financialization of the economy. Lenin presided over a communist revolution that jumped the gun by taking place in a country in which feudal elements still predominated over capitalism.

By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China.

Neoliberalism's guiding principle is not free markets, nor fiscal discipline, nor sound money, nor privatization and offshoring – not even globalization. All these things were byproducts or weapons of its main endeavour: to remove organized labour from the equation.

Jobs offshoring began with manufacturing, but the rise of the high-speed Internet made it possible to move offshore tradable professional skills, such as software engineering, information technology, various forms of engineering, architecture, accounting, and even the medical reading of MRIs and CT-Scans.

If there is any one country the United States is likely to engage in military conflict with over the next several decades, it certainly is a rapidly militarizing China. And if you were an American business executive contemplating an offshoring decision, would you really want all of your company's eggs in the China basket when such a conflict arises over Taiwan or Tibet or territorial rights in the South China Seas or access to oil in the Middle East?