Finally the truth is out

In today's edition of USA Today there was an interesting article that finally published what some of knew to be true, but nobody was saying. In this debate about jobs, especially those that are going offshore, the argument has been that sending jobs offshore will create new jobs back home. The insinuation has been that they will also be better jobs. Well the data says it is not so! The data says, yes we are creating jobs alright, but on average they are lower paying jobs, and often part time or barely permanents jobs since they are heavily in the service sector, such as food services. So this is really going to help us in the long term. As our skilled, high paying jobs go offshore to other counties to lift their economies and standard of living, we are lowering ours and creating a larger and larger very low paid underclass. The divide between the haves and havenots will keep growing. The social consequences of that are not trivial. The economic impact on the US is also significant. There may be more jobs, but since they are low paying the taxes being paid to run the country are decreasing and the overall spending power of the average American is dropping. This is not what we expect and is not the plan we want. So be careful when you are told things are getting better, do not be blinded by statistics. They may not be painting the true picture!