Wednesday, December 3, 2008

Change

This is another "idea" sent to President-elect Obama's change.gov web site.
    I'd like to see the administration create more jobs. The country needs them. But it matters what type of job is created. An out of work computer programmer may not want to (or possibly cannot) take a job as a construction worker that was created for the sake of creating jobs. It matters where the jobs are created. One reason the economy is in a recession is because a lot of IT (information technology) jobs have been "offshored" - companies cut costs by replacing domestic employees with contracted, lower wage workers in other countries (typically India in this industry, but not to single them out, there are other countries too). By moving jobs offshore, these companies are moving money out of our economy (for a U.S.-based company, a U.S.-based employee will spend money in the U.S. economy, while an India-based worker will not, so money is taken out of our economy), and that doesn't help. What I'd like to see the new administration do is to get those jobs back in THIS country. It will give great help to the flow of our economy.

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