People

Title: Outsourcing of Jobs

I. Introduction

A. Outsourcing is becoming very popular with US companies in modern times.

B. Outsourcing has it pro's as well as it con's

II. Pro's

A. Increased foreign trade

1. Better trade realtions with other countries

2. Inreased profits for US

3. Lower trade deficet

B. Cheaper to make products

1. Lower price to consumer

2. Better service by retailer or company

3. Increased spending power of Americans.

III. Con's

A. Impacts on Economy

1. Millions of Americans losing jobs.

2. America losing its independence in the market.

3. Millions of dollars not recirulated back into economy.

B. Loss of Status.

1. Americas status at levels at WWII times.

2. America no loner leader in science and quality of living

IIII. Conclusion

A. Outsourcing is either negative or positive depending on which indivdual you are speaking to.

B. Outsourcing will continue