From: (pyjamarama)

I guess Sandi still has his cancer-wish option...

U.S. Offshore Outsourcing of Computer Software and Services to Grow 26%
Annually


WALTHAM, Mass., March 30 /PRNewswire/ -- Global Insight, Inc. announced
today the release of a new study, "The Impact of Offshore IT Software and
Services Outsourcing on the U.S. Economy and the IT Industry," commissioned
by
The Information Technology Association of America (ITAA), the leading trade
association for the IT industry. The Global Insight research team was led by
chief economist Dr. Nariman Behravesh, who is recognized as one of the
world's
most accurate economic forecasters. Nobel Prize winning economist Dr.
Lawrence R. Klein, the founder of WEFA and a Global Insight associate, made
significant contributions to the Study.
The in-depth Study found that global sourcing of computer software and
services, while displacing some IT workers, actually benefits the U.S.
economy
and increases the number of U.S. jobs. According to Study findings, the U.S.
economy has much to gain from global sourcing and an environment of free
trade, open markets and robust competition. Benefits include job creation,
higher real wages, higher real GDP growth, contained inflation and expanded
exports resulting in increased economic activity.
According to the Study, U.S. spending for offshore outsourcing of
computer
software and services is expected to grow at a compound annual rate of almost
26%, increasing from approximately $10 billion in 2003 to $31 billion in
2008.
During the same period, total savings from the use of offshore resources will
grow from $6.7 billion to $20.9 billion. Using offshore resources lowers
costs and boosts productivity. As a result, inflation is lower, interest
rates are lower, and economic activity is higher. The increased economic
activity creates a wide range of new jobs, both in IT and other industries.
While there are some dislocations that affect both industries and regions,
the
overall economy adjusts so that offshore IT outsourcing actually creates new
jobs. Over 90,000 net new jobs were created in the U.S. through 2003. The
number of net new jobs is projected to grow by 317,000 in 2008. The impact
on
U.S. jobs does vary by industry sector, with the major beneficiaries for the
next five years being construction, transportation and utilities, education
and health services, wholesale trade, and financial services.
"The benefits of free trade clearly provide a boost to the U.S. economy,"
stated Dr. Behravesh. "Using offshore resources reduces costs, dampens
inflation, lowers interest rates, increases spending and creates additional
jobs. The challenge is to help displaced workers transition to other
productive activities," he concluded.
The Study estimates the total number of new jobs by state, by examining
each state's industry employment concentration and its forecasted industrial
growth. The results of the Study indicate states that are larger and more
economically diverse will gain the most new jobs through sheer size such as
California, Texas, Florida, New York, Illinois, Ohio, Pennsylvania and
Michigan. However, the states that will lead in terms of expected growth in
the number of new jobs will be Kansas, Nevada, Washington, Arizona, North
Carolina, Colorado, South Carolina, Iowa and Georgia, according to the Study.
"We have long held the position that worldwide sourcing creates more jobs
and higher real wages for American workers," said ITAA President Harris N.
Miller. "Now we have the data that prove it. This research replaces fear
with sound economic analysis, allowing for an informed approach to the global
marketplace."
Note: For more information or to view the Executive Summary of "The
Impact
of Offshore IT Software and Services Outsourcing on the U.S. Economy and the
IT Industry," go to http://www.globalinsight.com/ITAA. For information on
obtaining
the full Study, go to:
https://www.itaa.org/events/register...m?EventID=1036

About Global Insight
Global Insight, Inc. (http://www.globalinsight.com/) is a privately held
company formed to bring together the two most respected economic analysis,
forecasting and financial information companies in the world, DRI and WEFA.
Global Insight provides the most comprehensive economic coverage of
countries,
regions and industries available, using a unique combination of expertise,
models, data and software within a common analytical framework to support
planning and decision-making. Global Insight collects and delivers economic
and financial information to clients and also provides a broad range of
consulting capabilities. With its April 2003 acquisition of World Markets
Research Centre, Global Insight also provides the world's first same-day
analysis and risk assessment service covering 196 countries and 4 industries,
providing insightful analysis of market conditions and key events around the
world. The company has over 3,300 clients in industry, finance and
government
with revenues in excess of $70 million, over 600 employees and 23 offices in
12 countries covering North and South America, Europe, Africa, the Middle
East
and Asia.

About ITAA
The Information Technology Association of America (ITAA)
(http://www.itaa.org)
provides global public policy, business networking and national leadership to
promote the continued rapid growth of the IT industry. ITAA consists of over
375 corporate members throughout the U.S., and a global network of 53
countries' IT associations. The Association plays the leading role in issues
of IT industry concern including information security, taxes and finance
policy, digital intellectual property protection, telecommunications
competition, workforce and education, immigration, online privacy and
consumer
protection, government IT procurement, human resources and e-commerce policy.
ITAA members range from the smallest IT start-ups to industry leaders in the
Internet, software, IT services, ASP, digital content, systems integration,
telecommunications, and enterprise solution fields.


This sort of information is useless to people on the left. First, they don't
care, they only hate those who don't share their views. The idea that they
could be wrong or that some other philosophy could be right is not even a
consideration. They made up their minds when Bush won the election that he was
evil just as they did with Reagan.

The fact that other countries outsource never dawned on them. The fact that we
have a surplus in this area because other countries spend more money here
having us do work for them will just be ignored.

ITAA/Global Insight Study Finds IT Outsourcing Results in Net U.S. Job Growth




LOL!!!

Do you believe that bull****, Pyjama Boy? Is everyone that was laid off in
'01, 02, 03, back at work making the same money? Are your boyfriends all cool
about their jobs again or are they nervous as hell that they'll be next? Will
you be opening your ****ing eyes or are you afraid?

Net U.S. Job Growth
From: (tor b)

ITAA/Global Insight Study Finds IT Outsourcing Results in Net U.S. Job
Growth




LOL!!!


Not really an argument.

Do you believe that bull****, Pyjama Boy? Is everyone that was laid off in
'01, 02, 03, back at work making the same money? Are your boyfriends all
cool
about their jobs again or are they nervous as hell that they'll be next?
Will
you be opening your ****ing eyes or are you afraid?




You are ignoring "insourcing" by other cvountries having us do work for them,
currently about a 74 Billion dollar imbalance in our favor.

Sam Byrams wrote:

The fact that other countries outsource never dawned on them. The fact that we
have a surplus in this area because other countries spend more money here
having us do work for them will just be ignored.


The question is, which jobs will be outsourced and "insourced"-and to
where. Growth industries in the US from this are going to include a
lot of crappy drone jobs on the low end and a few executive positions
"on top" and continuing to lose will be manufacturing jobs.

http://www.ktvu.com/money/2928911/detail.html

Well, there go 13,000 jobs. Yet the stock went up. Something
is messed up if the value of a company goes up while they plan
to cut over ten thousand jobs.

Oh - most are in California, which will cause more skilled
workers to compete for lower-end jobs. Heaven help you if
you only have a B.A.

"Michael McKelvy" wrote in message
nk.net...


That's pretty much the situation now, except in place like Inglewood, Ca.
where they voted to keep out a Wal-Mart that would have created over 1000
jobs in a city with 26% unemployment among 18-26 year olds. It would have
boosted the city's sales tax revenue from $80,000.00 to 5 million dollars.
Bright bunch those leftists.



it was more complicated than an up or down Wal Mart vote. The
proffer would have exempted Wal Mart from local zoning and
development laws. I would have voted against it for that reason,
not because I aof beingm anti-Wal Mart.