Amid the coming election and the controversy in the economy over job creators and job killers, alas a bipartisan bill aimed to curtail the massive push of U.S. jobs overseas has hit the House floor. Introduced last week by House Representatives Tim Bishop (D-N.Y.) and David McKinley (R-W.Va.), the long-anticipated pro-jobs legislation would punish U.S. corporations that continue to outsource jobs to offshore call centers making them ineligible for federal government grants and guaranteed loans.
The House bill is supported by the Communications Workers of America (CWA), which claims thousands of U.S. customer service representatives have been out of work. The union represents 700,000 workers, including 150,000 customer service reps.
According to the proposed bill, call center customer service representatives working overseas would also need to disclose their locations upon request and would have to offer callers the option of being transferred to a U.S. call center.
Ron Collins, CWA's chief of staff, said that Americans have been losing decent-paying call-center jobs so that large corporations can save on labor costs. Despite the country being riddled with unemployment, Fortune 500 job creators like Apple, GE, IBM, and AT&T continue to shamelessly export American jobs overseas.
According to Plunkett's Outsourcing & Offshoring Industry Almanac 2010, offshoring was a $500 billion global industry in 2009. And, call centers are one in 61 distinct industry groups participating in this growing corporate scheme for cheaper labor.
To grasp why some of the country's largest job creators have become behemoth job killers repositioning jobs overseas, you need to understand "ultra capitalism." In the scheme of things, the business move maximizes the scale of economy and increases shareholder's profits in seismic proportions. For every American white-collar customer service position traded to a call center in India or the Philippines, the dramatic reduction in the labor rate can easily cause thousands of dollars to be saved on payroll and employment taxes. Plus, it allows a U.S. employer to skirt labor law compliance and to strip health care, unemployment, and pension plan benefits.
As a sequel to union-busting, offshoring is likely to perpetuate the high unemployment rate. While union busting simplifies the task for corporations to fire American workers, shipping jobs overseas allows corporations to pay much lower wages. But if passed, the bill will strong-arm corporations to remain as a U.S. job creators rather than job killers. Hopefully, it can also help bring much-needed American jobs back home, which would be a good step to reduce debt and create more domestic jobs.
Vic Chevalier is an author who empowers people and small business owners to achieve financial prosperity. His articles at http://www.DebtFreeLeague.com and financial blogs offer invaluable debt relief and credit restoration tips.
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Economics Article FeedFind More ArticlesSearchSimilar ArticlesWays to Avoid Chapter 7 BankruptcyRecent ArticlesHow To Solve The Homeless SituationProgressivism Isn't Progress, VIIIHow Secure Is Your "Secure" Job?A True Comparison Of Increasing Debt Between Bush And Obama AdministrationsHow To Compete With ChinaWould Einstein Think Us Insane?What Will Happen If Greece Defaults?A Cluster of (Minor) ErrorsThe US Recovery Is Producing SurprisesA Sigh Of Relief For The Economic Status Of The USSubmitted On December 13, 2011. Viewed 13 times. Word count: 425.MLA Style Citation:Chevalier, Vic".".13 Dec. 2011EzineArticles.com.26 Jan. 2012
Chevalier, V. (2011, December 13). . Retrieved January 26, 2012, from http://ezinearticles.com/?Proposed-House-Bill-to-Punish-US-Job-Killers,-Reward-Job-Creators&id=6756290Chicago Style Citation:
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