Sunday, April 29, 2012

A Good Old Fashion Boycott

As companies strive to cut costs in an effort to impress shareholders by increasing their earnings per share, more and more jobs are being sent overseas.  People will work for 10 times less in other countries so why not cut the workforce in the U.S and send the same work to India, China or the Philippines.  If their work is just as good as ours for a tenth of the cost then it's a win win right?

Well, the answer is not quite that simple.  For one, the American economy is still not out of a recession and really never will be as long as this continues to happen.  It is only furthering the income gap between the rich and the poor, and more importantly it is knocking more of the middle class into the lower class of the income game.

People have power in numbers and a boycott of companies practicing this extreme cost cutting should probably be boycotted if Americans want a fighting chance.  I mean these companies want Americans to buy their products, yet are not providing the jobs needed to do so.  Of course this boycott will never happen because it is too hard to unite enough people to make a damper in a companies income.  Actually we have the technology to do it, but most people lack the dedication or sacrifice to pull this off.  And who knows if companies really care about Americans anymore.  Companies go after emerging growth markets to buy their brands and what better way to do that than by employing those same people where the largest growth is happening.

These are just random thoughts and I believe the whole world should have the same opportunities as we do in the United States, however it is just difficult to swallow when it is at the expense of us.  What started as phone support for credit card and phone companies is now moving to data analysis, marketing and technology development.  Jobs aren't disappearing, they are just being moved for a lower cost alternative.

I will continue expanding on this article with hard numbers and facts instead of random thoughts.

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