Hi everyone,

The thing why people outsource jobs is because most of the times they get the same quality and product for 1/10 th the price. Let me give you an example - sometime ago i bought two earphones. One made in the peoples republic of china and the other in the usa. They were exactly the same even in quality and technology ut the earphone made in china was 1/10 th the price. The people in the developed world were complacent thinking that people in india and china would take alot of time to catch up but they were wrong. They caught up in half the time.

There's only one way i see in countering this effect is to have indirect taxes or an all right out flat-tax rate for both coporate and personal and simple innovation.

The innovation part is particuarlly interesting because cost of living in the USA is high so the only thing people from the computer industry can do is create even cheaper equipment and software by using technology.

But let's go back to the earphone story. Sometime back i went back to the USA and i met this manufacturer that was selling earphones that was cheaper than the indians and chinese. This manufacturer told me that due to globalisation he had to compete globally and that only way for him to counter the eventually hollowing of his industry was to improve his technology(innovation) and sell in huge volumes.

Well that what i think

Richard West