jeremichylinski
Rookie
- Sep 18, 2011
- 1
- 0
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We are spending billions of dollars to bail out American industries such as Automotive, Banking, and investments and this is all being done in the name of Stimulating the American Economy.
While I laud the effort, I believe that there is so much more we can do rather than simply throwing money at the problem. We must take a page out of President Obamas book and insist that any company accepting assistance conform to a strict set of guidelines similar to the cap on CEO salaries. In fact I believe that the quickest way for the stimulus package to be felt here in the United States is to couple onshoring with the bailout.
For years American companies have spent billions of dollars using resources in various other countries for the simple reason that it was cheaper. While this may have added to the companys bottom line it did nothing for the economy. Tax dollars that would have gone to support our government at all levels were siphoned off and the impact is more severe in that the dollars that would have been spent in the United States are now used to bolster foreign economies.
Some of this is understandable since in many cases the required resources were not available in the United States, however many of these jobs are offshored simply for convince sake. The best example of this are the various call centers that most American Companies use today. It is very unusual to call Customer Support for any large company and not get a foreign sounding person on the other end. The same is true for almost all telemarketers.
This is a travesty. Go into almost any depressed inner city and we have a impressive willing work force that could assume most of these responsibilities with just a little government incentive. And the best part is that for the first time in recent history the government is a position to make this happen. With just this one simple low cost move we would start to pump billions of dollars into our economy while at the same time helping those most in need.
I could easily go on to describe how this could be implemented but I am sure that it will be worked out by the people in office.
But for my part, I urge you to resist passing any stimulus package that does not include something in this arena.
While I laud the effort, I believe that there is so much more we can do rather than simply throwing money at the problem. We must take a page out of President Obamas book and insist that any company accepting assistance conform to a strict set of guidelines similar to the cap on CEO salaries. In fact I believe that the quickest way for the stimulus package to be felt here in the United States is to couple onshoring with the bailout.
For years American companies have spent billions of dollars using resources in various other countries for the simple reason that it was cheaper. While this may have added to the companys bottom line it did nothing for the economy. Tax dollars that would have gone to support our government at all levels were siphoned off and the impact is more severe in that the dollars that would have been spent in the United States are now used to bolster foreign economies.
Some of this is understandable since in many cases the required resources were not available in the United States, however many of these jobs are offshored simply for convince sake. The best example of this are the various call centers that most American Companies use today. It is very unusual to call Customer Support for any large company and not get a foreign sounding person on the other end. The same is true for almost all telemarketers.
This is a travesty. Go into almost any depressed inner city and we have a impressive willing work force that could assume most of these responsibilities with just a little government incentive. And the best part is that for the first time in recent history the government is a position to make this happen. With just this one simple low cost move we would start to pump billions of dollars into our economy while at the same time helping those most in need.
I could easily go on to describe how this could be implemented but I am sure that it will be worked out by the people in office.
But for my part, I urge you to resist passing any stimulus package that does not include something in this arena.
