Burgess Owens: “the word ``outsourcing'' ought to be branded into the minds of every young American. The folks with great hopes that if…”

“the word ``outsourcing'' ought to be branded into the minds of every young American. The folks with great hopes that if they stay in school and get an education, become a programmer or technician, that they were guaranteed a job, but outsourcing beyond the movement of manufacturing jobs, which has taken place already and taking jobs away from people who are not educated, entry-level people, the outsourcing is going to take everything. The highest and most complex jobs in science can be outsourced. You can have Russian and Chinese physicists, space experts in Japan, India. They are the people who will be filling those positions while the corporations that we have given the contracts to make big profits because they can get those people by paying them in 1 year what a scientist or a technician would cost for a month here. That outsourcing is a concept that ought to be branded into the mind of every young American. That is the death knell of our economy because as they do that, they take the last group of jobs that we feel secure about, and take away our consumer spending power. Our economy is driven by consumers, and it seems corporations do not care about that. They are looking at their individual bottom line, how much they can make. In one of the papers in my area there was a front-page article about the bonuses received by corporate CEOs at Christmas time. One of them got $18 million as a bonus, one got $4 million, $7 million. They want more.…”