“Right now in the U.S. there is a deficit of 1-million-plus technology jobs,” says Anurag Kumar, CEO of iTexico, an Austin-based software-development company. “We’re not lifting and shifting anything from the United States to Guadalajara. We’re helping companies in the U.S. by providing talent that they don’t have here. … We’re helping U.S. companies build jobs faster.”
Many Americans want to have it both ways. They complain when U.S. companies create jobs in other countries, then complain also when people from those other countries immigrate to the United States to get meaningful work. I’m not concerned about immigration, but those who are ought to see the value of developing solid industries in Mexico so that industrious people don’t need to wait in immigration lines (or sneak across the border) to come here.
The free market is the best way to increase prosperity for everyone. Lower-cost alternatives reduce wages in certain industries because of the resulting competition. But it’s not a zero-sum game. Because I was able to outsource that website mentioned above, I was able to cost-effectively start a project. Low-cost labor allows people with new ideas to start businesses, and such enterprises create more jobs in the long run. That’s how free economies work., writes Steve Greenhut.
from Hit & Run https://ift.tt/2GIFwJC
via IFTTT