The Lion's Pride , Vol. 5 (Feb. 2016) | Page 59

provided by outsourcing allows them to become very wealthy. However, they are only thinking short-term. These business executives are being ignorant of what they are losing. They are losing the ability to compete with the foreign companies that have utilized our outsourced technology. They are losing some very valuable people in the company. They are also losing many American consumers due to the unemployment and lack of well-paying jobs caused by offshore outsourcing (Roberts 2010). They may also end up hurting their reputations. Businesses are increasing their profits through offshore outsourcing at the expense of the United States and the world. Works Cited Armour, Stephanie. “Outsourcing Critics Cite Labor Laws in Other Nations.” USAToday.com. N.p., 22 Mar. 2004. Web. 4 June 2015. http://usatoday30.usatoday.com/money/world/2004-03-22-labor_x.htm. Armour, Stephanie, and Michelle Kessler. “USA`s New Money-Saving Export: White-Collar Jobs.” USAToday.com. N.p., 5 Aug. 2003. Web. 26 May 2015. http://usatoday30.usatoday.com/money/workplace/2003-0805-outsourcing_x.htm. Ensinger, Dustin. “Trade Deficit Responsible for over Half of National Debt.” economyincrisis.org. N.p., 27 July 2011. Web. 19 May 2015. http://economyincrisis.org/content/trade-deficit-responsible-over-halfnational-debt.