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Outsourcing Grows as a Business Strategy

Outsourcing will not stop by itself. The US government must take measure to discourage it; otherwise, jobs will continue to be moved overseas. This will cause fundamental errosion of the earning power of Americans, as more and more Americans will be losing employment, and the tax burden of those remaining employed will increase. Ultimately, the earning power of the US dollar will diminish as the US will lose its ability to produce exports (by abandoning its manufacturing to the Asian countries), which it needs in order to pay for the goods it will be importing. A service economy, which is what the US is becoming, cannot maintain its standard of living.