Personally, the practice of offshoring is abhorrent and to be avoided. It takes jobs away from qualified American workers simply for a company to save money. Many companies pay their offshore employees extremely low wages that lead to sweatshop like working conditions for many in the manufacturing industry. Companies are entitled to make a profit, but when it is at the expense of the workers who create their products, then massive profits are simply wrong. In addition, the globalization of many major companies has the potential to affect worldwide economies if something goes wrong, and that could have disastrous results in the U.S. And around the world. The practice of offshoring may be cost effective, but in the end, it seems that it could be very detrimental to the United States and the world.

In conclusion, offshoring may have some benefits, as in keeping the prices of some manufactured items lower than if they were manufactured in the United States, but it is a poor business practice for many reasons. It hurts the American...

The American economy is turning downward for a number of reasons, and if America continues to lose large amounts of jobs to downsizing, it can only mean a weaker economy in the future, and could even mean recession.
References

Bivens, L.J. (2006). Offshoring issue guide. Retrieved from the Economic policy institute Web site: http://www.epi.org/content.cfm/issueguide_offshoring21 May 2007.

Brown, S.P., & Siegel, L.B. (2005). Mass layoff data indicate outsourcing and offshoring work. Monthly Labor Review, 128(8), 3+.

Jones, G. (2005). Multinationals and global capitalism: From the nineteenth to the twenty-first century. Oxford: Oxford University Press.

Ramstack, T. (2004, June 10). Union shielding sought from 'offshoring'; Ranks of organized labor swell as workers struggle to keep their jobs. The Washington Times, p. C10.