Here is the synopsis of our sample research paper on Is Outsourcing Leading to an Economic Decline in the U.S.?
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Essay / Research Paper Abstract
This 3 page paper explores the contention that outsourcing is leading to an economic decline in the U.S. Bibliography lists 1 source.
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3 pages (~225 words per page)
File: D0_HVOutDec.rtf
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that observation. Discussion When a person sees his job disappear to someplace like Mumbai, Manila or Shanghai, he is quite likely to become angry and depressed, and start blaming the
"foreigners" for taking his job. This in turn can lead to a belief that outsourcing is the cause of the stumbling U.S. economy, and its easy to see why people
believe this. After all, jobs are disappearing overseas at the same time that the economy is declining. But research does not support this conclusion. Many articles, of which the example
cited is typical, state that outsourcing is actually helping the U.S. economy-or will in the long run-and that although individuals who lose their jobs are quite understandably upset and believe
outsourcing is having a negative effect, that belief is untrue. The U.S. economy has been stumbling along for almost eight years, with such things as the war in Iraq, the
concentration of wealth at the top, the war on terror in general and other ill-advised government policies destroying the middle class and contributing to the decline. But outsourcing doesnt appear
to belong with this group. According to a report done in 2004, outsourcing, especially of information technology (IT) jobs "has created tens of thousands of new jobs in the United
States" (Outsourcing creates jobs, study says, 2004-hereafter "Outsourcing, 2004"). Global Insight added that the "cost savings and use of offshore resources lower inflation, increase productivity and lower interest rates ...
This boosts business and consumer spending and increases economic activity" (Outsourcing, 2004). This survey stated that there were approximately 90,000 new net jobs through the end of 2003, with a
"total of 317,000 net new jobs through 2008" expected to be created (Outsourcing, 2004). This study also said that "outsourcing added some $33.6 billion to U.S. gross domestic product (GDP)
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