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.
*****snip******
8. Smelltek honchos hire executive assistants with breasts larger than their heads and begin to calculate the profit from moving production to China.
This is something I've been saying for a while. All of these offshoring companies have literally
created their own competition, by flat out giving away all of their trade secrets in search of short term profits. Extremely short sighted, and I'd almost dare to say that these companies get what they deserve. GM is now planning to design and build a hybrid electric vehicle in China. They defend it by saying that it won't hurt US jobs because they're designing a vehicle
for the Chinese market. Yeah, and you think those Chinese engineers and factory workers are idiots, that they aren't capable of learning something from you about how to make a leading edge hybrid electric vehicle? You're shooting yourselves in the foot.
It used to be that a company prided itself on what it was capable of. It saw its own strength reflected in the trade secrets it held, the manufacturing muscle it could flex, the sheer pride in simply saying, "
We do this." One of the largest corporations of the US industrial revolution, the Pennsylvania Railroad, did
everything themselves. They designed and built all of their trains in house, with their employees. They ran huge testing facilities in order to find the most efficient light bulbs for their passenger cars, or refrigeration units for the produce cars, or a more advanced braking system, etc. Companies like that measured their growth through increased capabilities, not
just increased profits. Corporate officers today only care about the bottom line, they aren't interested in what the actual company itself
does.