The article on the 20-year old embryo is interesting. Imagine the implications: you could be 20 years younger than your twin brother. Maybe the key to living to be 100 is to be in cold storage for the first 20 years of life.
If outsourcing creates two jobs for every one lost we should be near full employment, even in these times. Where are the jobs?
This is the same argument used for lower taxes. If only taxes were lowered we would create more jobs. Well, taxes are at an all time low, where are the jobs?
I’ve always thought that all of that junk about how athletes need antioxidants and supplements was just a fancy way of selling them protein powder.
We buy all of that stuff that they sell at GNC because we think we “need” it. In reality, we’re deluding ourselves into thinking that everyone that jogs in a 5K is a super athlete.
Erik: Very few jobs are outsourced. Even if there were three domestic jobs created for every one outsourced it would put only a tiny dent in the unemployment rate.
Ken,
Here is a partial list of industries that use outsourcing as a business model:
Information Technology:
– Equipment
– Software applications
– Facilities and utilities provision
– Systems software and tools
– Systems integration
– Consulting
– Personnel
– New programs and systems development
– Data conversion
– Systems management, control and operation
– Communication equipment, software and systems
– Responsibility for troubleshooting
– Audit trails
– Physical security
– Data security
– Pickup and delivery
– Backup operations for data and programs
– Disaster recovery capabilities
– Maintenance
– Data entry
– PC service and installation
– Installation of software and applications
– Help Desk
– Periodic processing and regular reporting
Human Resources
– Recruiting, training and development
– Organizational structure and staffing requirements management
– Tracking company goals and strategies
– Manager and employee training
– Create and manage a performance appraisal system
– Benefits administration
– Assistance in operating costs reducing
– Employee relations improving
– Write and update affirmative action plans
Accounting and finance outsourcing
– Preparation of financial statement
– Ledger maintenance
– Account reconciliations
– Accounting systems design
– Accounting staff training
– Depreciation schedules
– Accounting software assistance
– Monthly and year-end closing assistance
– Payroll and sales tax return preparation
– Payroll and payable processing
– Controller and bookkeeper staffing
Logistics outsourcing
– Manufacturing
– Telecommunications
– Financial services
– Energy
– Healthcare and pharmaceuticals
– Media and entertainment
– Business services
– Travel, Transportation & Hospitality
– Retail
Outsourcing services may also include
Customer Support
Facilities
Real Estate Management
Outsourcing software development
Custom Manufacturing
Product Sourcing
PCB Design & Layout
Prototyping
Engineering
Tooling Design
Injection Molding
Production
LED Application
and many more… http://theoutsourcingblog.com/industries-outsourced/
The intertubes are filled with information for those brave enough to venture out of their comfort zone.
“Now it’s a baby.” What was it for the 19 years it was on ice?
No surprise about outsourcing. That is what international trade is all about.
I wonder if there is any limit to how long you can keep an embryo. This sounds eerily like the Woody Allen movie, Sleeper.
The article on the 20-year old embryo is interesting. Imagine the implications: you could be 20 years younger than your twin brother. Maybe the key to living to be 100 is to be in cold storage for the first 20 years of life.
If outsourcing creates two jobs for every one lost we should be near full employment, even in these times. Where are the jobs?
This is the same argument used for lower taxes. If only taxes were lowered we would create more jobs. Well, taxes are at an all time low, where are the jobs?
I’ve always thought that all of that junk about how athletes need antioxidants and supplements was just a fancy way of selling them protein powder.
We buy all of that stuff that they sell at GNC because we think we “need” it. In reality, we’re deluding ourselves into thinking that everyone that jogs in a 5K is a super athlete.
Erik: Very few jobs are outsourced. Even if there were three domestic jobs created for every one outsourced it would put only a tiny dent in the unemployment rate.
Ken,
Here is a partial list of industries that use outsourcing as a business model:
Information Technology:
– Equipment
– Software applications
– Facilities and utilities provision
– Systems software and tools
– Systems integration
– Consulting
– Personnel
– New programs and systems development
– Data conversion
– Systems management, control and operation
– Communication equipment, software and systems
– Responsibility for troubleshooting
– Audit trails
– Physical security
– Data security
– Pickup and delivery
– Backup operations for data and programs
– Disaster recovery capabilities
– Maintenance
– Data entry
– PC service and installation
– Installation of software and applications
– Help Desk
– Periodic processing and regular reporting
Human Resources
– Recruiting, training and development
– Organizational structure and staffing requirements management
– Tracking company goals and strategies
– Manager and employee training
– Create and manage a performance appraisal system
– Benefits administration
– Assistance in operating costs reducing
– Employee relations improving
– Write and update affirmative action plans
Accounting and finance outsourcing
– Preparation of financial statement
– Ledger maintenance
– Account reconciliations
– Accounting systems design
– Accounting staff training
– Depreciation schedules
– Accounting software assistance
– Monthly and year-end closing assistance
– Payroll and sales tax return preparation
– Payroll and payable processing
– Controller and bookkeeper staffing
Logistics outsourcing
– Manufacturing
– Telecommunications
– Financial services
– Energy
– Healthcare and pharmaceuticals
– Media and entertainment
– Business services
– Travel, Transportation & Hospitality
– Retail
Outsourcing services may also include
Customer Support
Facilities
Real Estate Management
Outsourcing software development
Custom Manufacturing
Product Sourcing
PCB Design & Layout
Prototyping
Engineering
Tooling Design
Injection Molding
Production
LED Application
and many more…
http://theoutsourcingblog.com/industries-outsourced/
The intertubes are filled with information for those brave enough to venture out of their comfort zone.
Erik,
See Tyler Cowen’s editorial in the NYT Business Section today. Outsourcing isn’t hurting US workers. It is helping them.
Greg,
Did you read where the author stated they could not correlate the study?
It was an opinion piece masquerading as a study.