The Last Of The Millenniums

Just because it always has been, doesn't mean it always will be

‘Romney Tells Press To Call It ‘Offshoring’ Not ‘Outsourcing’

 

“You know, you can put lipstick on a pig,” Obama said, “but it’s still a pig.”
From : http://abcnews.go.com/blogs/politics/2008/09/obama-says-mc-1/

‘“This is a fundamentally flawed story that does not differentiate between domestic outsourcing versus offshoring’.

‘Technically, the campaign is correct. The official definition of outsourcing is pushing activities outside of the company that could have been performed in-house. A company can outsource, while keeping the activity domestic. Offshoring is the practice of sending jobs overseas’.
From : http://thinkprogress.org/economy/2012/06/22/504690/romney-doesnt-dispute-he-helped-send-jobs-overseas-tells-press-to-call-it-offshoring-not-outsourcing/

‘Actually, The Washington Post article is based on research of SEC disclosure forms that reveal that Romney was instrumental in moving American jobs overseas’.

‘The Romney campaign didn’t bother with disputing the facts and research in the article. Instead they adopted a Clintonesque ‘it all depends on what the definition is’ parsing of outsourcing versus offshoring’.
From : http://www.politicususa.com/mitt-romney-slides-panicked-free-fall-outsourcing-claims.html

 

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3 thoughts on “‘Romney Tells Press To Call It ‘Offshoring’ Not ‘Outsourcing’

  1. Corporate Software Inc. helped distribute U.S. software around the world. The overseas call centers referenced in the WaPo article were based in Europe and Japan, and serviced international customers of U.S. companies in their local languages. Modus Media also helped American companies sell their products internationally.

    Fukunari Kimura, Professor of Economics at Keio University in Japan has done a comprehensive study to determine the effects of offshoring on domestic operations. It was discovered that “they experience greater job creation at a rate as high as 8%”. The “statistics” and “formal analysis both suggest that globalising manufacturing firms are less likely to reduce their domestic employment than other firms. Firms that go abroad expand employment at home relative to non-globalizers.”

  2. Barneysday on said:

    In my company a few years ago, the color paint was outsourced to a Chinese company, with 80 people losing their jobs. Perhaps the good professor might explain how those lost jobs did not reduce domestic jobs.

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