The Impact Of Outsourcing And Offshoring On The United States Economy

Outsourcing and offshoring; both a way to obtain goods from an outside or foreign supplier at a lower cost. These methods both could be good and bad for the United States economy, but in my opinion I believe that they negatively impact our country. I believe this because it hurts smaller businesses, decreases the amount of jobs, and can lead in faulty/cheap products.

By placing large chain retail stores into rural towns, like Walmart, will ultimately hurt the small businesses surrounding it. Walmart relies on outside countries to import all their products in at a lower price, rather than making it in the United States. Yes, the decrease in prices could be good for some people in the area but think about all the “mom and pop” shops. People will not be going there for their necessary supplies,they will be heading to the local Walmart to pick it up for much cheaper. This unfortunately

The elimination of these factory jobs will lead in an enormous decrease for workers in this country. A quote from Economically Policy Institute states, “The Walmart-based trade deficit with China alone eliminated or displaced over 400,000 U.S. jobs between 2001 and 2013.” This unfortunately leads the American people who are on the line of poverty, who are willing to work the minimally skilled jobs even more difficult to find employment. When looking for something to be done, outsourcing could lead the main company into trouble. For example with the plane airlines sending their planes to be checked by not fully certified workers. This lead to one plummeting into a house killing everyone on board. By having other people do these safety checks can put many innocent lives in jeopardy. I believe by creating our own product here may be expensive, but it would keep the actual qualified workers working and making