Moshe Vardi Quotes

The United States and Arizona are both losing jobs to offshore locations.

Low-wage jobs have gone offshore. We need to innovate to stay competitive.

The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.

Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore.

Our great history has been that people came to Michigan because you didn't have to have a college degree to get a good-paying job. Consequently, we have got a larger number of our population that right now are facing outsourcing, et cetera, without higher or advanced degrees.

If you're a global company you are going to have jobs overseas. The reality is if we start taxing those jobs at a rate that makes them noncompetitive in those markets, the reality is that we're going to lose business.

Outsourcing is inevitable, and I don't think it's necessarily treating people like things.

The Bush Administration and the Congress have to stop ignoring this crisis in international trade. The longer we ignore it, the more American jobs will move overseas. It's just that simple.

Every day more Americans watch their jobs being shipped overseas.

Globalization: We get cheaper running shoes—You lose your job!

The factories that moved overseas used to provide not just high-paying jobs but also a sense of purpose and community.

If we ramp up capabilities in China, including additional 737-related work, the actions that we'll take are actions that ultimately allow us to grow jobs in the U.S.

Outsourcing, in and of itself, isn't responsible for the erosion of America's high tech infrastructure. The short-term thinking that led to a lot of bad outsourcing decisions is the root cause. And short-term thinking isn't a problem confined to the executive suite. It's a problem in Washington and in our society as a whole.

By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China.

Offshoring manufacturing jobs left Americans with fewer high-value-added, well-paid jobs, and the U.S. middle class downsized. Ladders of upward mobility were taken down. Income and wealth distributions worsened.

One of the major forces driving the decline in wages and the concentration of wealth at the top is the offshoring of American jobs overseas - reducing wages not only in manufacturing but also across the economy.

In America, our jobs are being taken away from us. Companies, as we speak, are signing documents with Mexico and other places to move.

We lead in exporting jobs.

What I worry about is not just Nissan, but Japanese manufacturers losing motivation to maintain production in Japan. The high yen is definitely a headwind.

We are now paying the cost of people who move jobs overseas as taxpayers, and people are appalled when they hear that.

The other part of outsourcing is this: it simply says where the work can be done outside better than it can be done inside, we should do it.

And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.

The more worrying feature of the new global corporate structures is their capacity to devastate national labour markets by transferring their operations to cheaper locations overseas.

Businesses are no longer receiving the cost savings from outsourcing that they once did.

American families be warned, if the White House doesn't send your jobs overseas, they'll send your kids.