Well we sure as hell know, the top dogs aren't going to ship their own jobs overseas. This is why the top 1% is growing faster than ever and corp profits are skyrockering... they make more money by not having a "middle class" to pay, just themselves and cheap labor overseas. Until the government get's serious about this issue, it will keep getting worse. We need true incentive for this who keep jobs here and real pentalties for those who don't.
Actually they often inadvertently do ship their own jobs overseas. Consider:
1. Gawdawfultek Company manufactures innovative video cards and motherboards. Gawdawfultek is located in the Silicon Valley, a very high cost area of a high cost state, so it pays quite a lot in wages.
2. Gawdawfultek starts to outsource its manufacturing to Smelltek in Taiwan, allowing it to lay off its manufacturing crew, but keeps the design in the USA. Smelltek gains expertise from Gawdawfultek, Gawdawfultek enjoys low labor cost and low regulatory burden.
3. Profits soar, allowing the Gawdawfultek honchos to indulge themselves in the little things like air conditioned golf carts with computerized ball washers, corporate retreats, a corporate jet, and executive assistants with breasts larger than their heads.
4. Gawdawfultek's design engineers, no longer working daily with hardware, start making errors in design. Initially they are small errors, which Smelltek soon learns to find and fix before going to silicon.
5. Smelltek offers to do the board level design for no additional cost. Smelltek avoids the problems in fixing someone else's design, Gawdawfultek enjoys fewer delays and can lay off its design team. Even more profits! The Gawdawfultek honchos can now afford the luxuries that make life worth living, like personal press secretaries, corporate dog walkers, $700 fountain pens, and team-building junkets that would make a Congresscritter blush. At this point, Gawdawfultek refers trade press directly to Smalltek, since Gawdawfultek no longer has anyone who understands the details of current technology. Instead, Gawdawfultek is focused on "the big picture."
6. Smelltek launches its own brand of Smelltek innovative video cards and motherboards, including all those advances its engineers devised but which Gawdawfultek could not think to ask for. The trade press, having worked directly with Smelltek engineers, reviews their products and gives them glowing reviews. Smelltek sells its products for a reasonable mark-up; without the bloated Gawdawfultek profit tacked on, Smelltek enjoys a large competitive edge with profitable products which are better and much cheaper.
7. Enraged at this backstabbing, Gawdawfultek contracts another manufacturer. However, Gawdawfultek no longer has anyone visionary, or even anyone who can design a decent video card or motherboard. The trade press points out that the rebranded Gawdawfultek products are simply hugely overpriced generic crap. Profits drop catastrophically, market share plummets, stockholders revolt, pneumatic-breasted executive assistants become overweight temps, and management is kicked out shortly before Gawdawfultek either goes tango uniform or is bought up at fire sale prices for a few remaining patents from the glory days.
8. Smelltek honchos hire executive assistants with breasts larger than their heads and begin to calculate the profit from moving production to China.
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