why are we selling our country to foreign companies?
612207
It's because our government is run by greedy politicians who sell us out to the highest bidder. A dictatorship would end this corruption.
1142601
There are no countries for sale.  You'd have to start a coup and overthrow the government, establish a monarchy or dictatorship, and learn to be paranoid.  There are some islands in the Arabian Sea or the Persian Gulf that are for sale.  They're manmade islands.  The contractor building them is making several islands that form a map of the world.
887784
Why not get out and use some of the money you and your corrupted friends steal from foreigners.
416153
It's not a way to improve competitiveness at all. It's a way for local companies to increase profit margins by importing cheaper inferior quality crap made in a Chinese sweat shop. It also causes an increase in foreign debt which isn't a good thing and it also costs local jobs.
324099
When we import products from other countries we spend US currency to purchase them. This money then goes to fuel the economy of whichever country the product came from. (We pay applicable taxes on these products that go to our local city,state and federal government.) If other countries do not buy our products and we keep buying there products this affects jobs and the value of our money. A devalued dollar can work both ways. It will affect US citizens in a negative way and affect foreigners in a positive way. Hopefully the people we trust to keep this balance can manage to keep it in check. I hope this answer puts some light on the topic.
23872
There are many different levels to this question.  The responsibility to shareholders is a big one.  They could offer free calls, but if that causes hardship for the company and in turn to the "average joe" shareholder, it would be fiscally irresponsible.\n\nMore importantly, in your example, the servicemen overseas are not originating their calls on circuits owned by our American telephone companies.  Those foreign companies still collect their fees for calls leaving their countries and in most cases those fees are far greater than what we are used to paying here in the US.  Their infrastructure doesn't compare to ours and the costs are higher because of it.
1001829
I can say that I am mad about the outsourcing of jobs and the dependence on foreign items, but I cannot answer the question based on facts. My opinion is that we're being outsourced because its cheaper to produce things outside the US. Our dependence for foreign items comes with the outsourcing of jobs and perhaps that we can't preoduce itmes for ourselves fast enough that we look for outside items. I would like the politicians who benefit or support outsourcing to be ousted from Congress.
460540
The US loves to spend the money of its hardworking residents on worthless imports like yourself. I bet the government would give you money just to live here, probably enough to live in a penthouse apartment and then set you up in a law practice after you graduate and then you and your friends could take all your profit buy a plane and kill thousands of the people who funded your stay here... All this without even speaking English... DAM ain't we great
917273
To make profit for their shareholders, no other reason.  That is why any business is started.
479719
If you are talking about the US there are a few major reasons. \n\nFirst outsourcing is killing the US economy. The top growing job from what I understand is in outsourcing companies. \n\nWage scale has created a situation where white collar workers cannot retreat to trades or labor without suffering a dramatic loss in lifestyle. Ilegals have taken over whole industries. Trying to get a job as a framer for example in an area that has a large number of ilegals is almost impossible for a non-hispanic or even a Hispanic who does not speak Spanish.  By working for far less than most American's can afford to work the pay scale on such jobs has  dropped considerably. \n\nA sluggish economy and collapsing credit means there are fewer oppotunities to start a new biz and fewer new businesses are surviving. \n\nWe are falling behind on innovation. Education is getting more difficult to aquire, especially in math and sciences. Research budgets are being slashed or elimanated completely. \n\nTaxes are too high. My taxes two years ago would have paid for my car brand new. What I paid out in taxes over a five year period would have bought my house. How can anyone save when taxed to death like that? \n\nA 2 income family is a must today. Women cannot choose to work they must. This means a large number of families that might be a one income family are forced to be two income famiilies taking jobs from singles and lower income brackets that also need the same jobs. \n\nOther nations are finding their competitive edges. China and India in partuler are blooming economies that would compete with us even if we were not stupid enough to just ship our industry over to them. So the export market is getting tighter each year. \n\nThe US has for years traded favorable access to our markets in exchange for political concessions. We do not have the wealth to do this any more. \n\nNAFTA has left a trail of destruction in both the US and Mexico. It was designed for trade between the US and Canada and purely to not appear racist Mexico was included to the detriment of all. Both the US and Mexico has lost jobs over it. US highways are now less safe just to add insult to injury. \n\nUnions have made it economically cheaper to move many industries overseas. This takes away the factory and management jobs. It takes away maintence and building jobs. It also takes away service industry jobs that these people would have generated. \n\nCorporate stupidity. The obession over this quarter's bottom line is the biggest culprit. It has led major companies coming apart at the seems as little as five years later when a company chooses to make a profit this quarter ignoring the implications down the road. This is by far the biggest reason. Take outsourcing for example. Once you outsource enough of the IT jobs the next generation of software will be written over there not here. Who needs managers when all the jobs are over there? Would it not make more sense to hire managers who live close to where the actual work was being done. What exactly is going to prevent these workers from hijacking the knowledge they gained working for a US company and starting a competing company based over there? Nothing, this company will have a sudden huge edge over the stupid US company that gave it's ability to compete away. \n\nCompanies make deffective products, products which have engineered obsolescence. Companies feel like they can shove whatever they want down the consumer's throat and that the consumer will take it. Big Corps who are laying off workers then paying exec multi-million dollar bonous and other what amouts to theft from the company payments. The simple attitude that the consumer is somehow an enemy assures so many stupid decisions on the part of corporations. \n\nFixing this will be a difficult task as so many people will scream the second you try to make a real change. Big Biz and special interst groups have bought legislation to assure this outcome without
80960
Cheap labor and decreased taxation by basing larger percentages of the company in nations with lower taxes.  Also many consulting firms like TATA in India are tied to the government and make it easier for companies to do business in their country when we offshore our jobs there.\n\nWin win for them.  Lose lose for the USA.
684285
why?  is yours up for sale?
1169405
Money talks and the money is at the top of our corporations.  Those individuals at the top of the corporate ladder make more money based on profitability of the company so of course they are outsourcing.  This began long ago when industry began leaving the northeast and midwest and began moving to the south where the labor was cheap and the tax breaks were huge.  Now India, China and elsewhere are far cheaper.  Don't blame it on the rest of the world, our greed has done this to us.
373729
We must not mind too much. We are paying for it by buying a lot of stuff from them. Stuff that used to be ours but it was just too much work for us so we exported it.
484161
because the people of the country are infamous for being dishonest businessmen.  Often, as customers left the markets, they could be heard yelling 'e gyped me, 'e gyped me'.
432750
Good point.  The jobs being outsourced overseas are better jobs than those left here, too.\n\n[ADDED] Lancelot (below) needs to do some research, as well as take his Econ 101 again.  He and the rest of the Bushie/right-wing ilk just LOVE simplistic explanations without substance.  Let's take Lancelot to school for a few moments....\n\nCorp tax rates in the US are among the lowest in the industrialized world - effective rate is 14% (that's net of tax break incentives, allowances, and subsidies provided by the government), which is lower than Lancelot's individual marginal rate.  Further, US corps, and many corps worldwide, WANT to do business inside the U.S. - we have the best intellectual property and copyright laws in the world as well as the greatest transparency in accounting standards (Enron notwithstanding and in fact making the point).  It's our TAXES that support the courts, SEC, Treasury, and other institutions that make our business climate so favorable to corporations.\n\nContrast this with the corruption and bribery that corporations have to put up with in many emerging overseas economies.  It's no wonder that the U.S. is THE country in which to launch a new business.\n\nTax rates have absolutely, positively nothing to do with the flight of jobs overseas.  Not that it isn't happening, and not that EVERYTHING is perfect about our economy.  Jobs really are going, and we have to face important issues about this.  But there are other factors - and not corporate tax rates - which are at play here.
167944
India is a large country and there is a wide scope for any business. The reason is simple the mass is too large, if we are able to take 10% of the population and would like them to have our product, its means we take over a large part of sale, that is to say may be 50% of europe.. will add more info soon.