Global Competition
Content
Introduction
Job losses due to outsourcing
Living in a world of global competition
Outsourcing health care
Introduction
The issue of health care in the United States is very much a cost issue and a jobs issue, as follows:
When we lower our costs, we’ll increase the visits to the doctor, which will mean more health care, which will mean healthier, longer lives. Those are not only common sense conclusions, but we have the recent comparative data to six countries which clearly documents the relationships.
When we lower our costs, we’ll be more competitive, and we’ll add, recover and save jobs.
We are not competitive today.
See the GDP comparison among the free-market countries.
Job Losses Due to Outsourcing
Job loss over decades. Your background may have nothing to do with manufacturing or economics or finance. But you may know what has happened economically: either from high school or college … or from television programs and/or headlines of newspapers during the last 30 or so years. The United States has lost an incredible number of good jobs due to GLOBAL COMPETITION.
Expansion of outsourcing in more recent years. In more recent times, such as the last 10 years, this trend of losing jobs is now beyond manufacturing and retail sales and more into purely service/support jobs, such as can be done via information technology (computers). For example, perhaps you already saw that television program some years ago which showed that many of our U.S. tax returns are now being prepared by rooms full of people sitting at computers in another country(s).
Tax Returns. A quick internet search for “outsource tax returns” gives over 150,000 search results as of October 2010.
Examples: here … and here with corresponding FAQ’s.Other Professions. Besides Certified Public Account (CPA) jobs, we could identify others.
Living in a World of Global Competition
It’s about cost. Companies are always on the look-out for how they can run their company while minimizing their expenses. That applies to many companies, but certainly manufacturing and retail sales.
In other words to have our country survive economically we need to be competitive with other countries, such as health care costs.
Our status is that we are NOT competitive today, as very clearly seen in the introduction.
Outsourcing health care.
As you can see by knowing about medical tourism, one of the hottest outsourcing topics now is health care. Probably similar to what occurred for the outsourcing of U.S. tax returns to India, now people are determining where the best places in the world are to get health care. For example, when a person knows that they could get a specific kind of eye surgery or knee surgery or other surgrery done very well in a specific country for a great price, then the person will strongly consider traveling to that country to get the surgery done there.
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