Monday, May 11, 2020

Shipping American Jobs Overseas Essay - 1021 Words

Shipping American Jobs Overseas Did you know that â€Å"the nation has lost more than 2.5 million manufacturing jobs and more than 850,000 professional service and information sector jobs, due to overseas shipping since 2001? (Aflcio)† It is clear to me that some big business companies don’t value the protection of employees very highly. By some big business, ill single one out and state that Goldman Sachs has shipped approximately 500,000 American jobs overseas in the past few years. That’s about half of the total net job loss during these past years (Aflcio). This shows that companies are reluctant to stay in American and scared of the current economic situation. It upsets me to see American jobs being shipped overseas at such a rough time†¦show more content†¦should receive those tax cuts. Financials have revealed that oversea companies receive government procurement contracts worth billions of dollars along with their tax breaks. Not only are these b usinesses getting cuts on their finances they get financial aid to help them. This money comes from American taxpayers, and it goes towards a business that does not provide any help towards the country that is assisting it (Aflcio). The jobs that they do offer are located halfway around the world; this does no good for the hard-working American. â€Å"These taxpayer-financed benefits usually come with very few strings attached; allowing companies to skim additional profits by performing publicly funded work overseas (Aflcio).† I believe that, in this day and age, companies are always trying to take advantage of the government and find loop hole. Laws concerning the distribution of government procurement should be reformed to not encourage the shipping of jobs overseas, but to promote the growth of a business in America with the assistance of government procurements paid for by the taxpayers who live in the country. Forlini 3 To solve these problems I believe that we need to remove other incentives to ship jobs overseas by taking away the benefits of doing so. One way to remove incentive of shipping jobs would be to implement a national health care system that would benefit the business, so health careShow MoreRelatedMade In America1076 Words   |  5 Pages â€Å"Made in America† The trend towards outsourcing overseas and the slowly decreasing of American manufacturing has made it very difficult to find American-made goods, but not impossible. There are a few small businesses that are still dedicated to manufacturing goods in the United States, but in today’s society, they are hard to come by. 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