What types of regulation should the government enforce to regulate outsourcing and why?
The government was created by our founding fathers to help run America. Laws and regulation are established to protect and serve the American people. Outsourcing is becoming more prevalent in our society and as a result, yes government should intervene to regulate it. Businesses have the options of receiving government funds and in return should be regulated by the government. Job security and pricing is both a stake when it comes to outsourcing. It is important that the government intervenes when necessary, especially when it comes to protecting the American people.
The types of regulation in effect have mostly to deal with tax cuts on a federal level. Many businesses who outsource often receive government funding to promote outsourcing. While on a state level many businesses can only outsource a proportion of their business if they want to receive state funding. State and Federal legislators are often at battle when it comes to outsourcing. The conflict between what is good for the country as a whole is often conflicted with what is good for the state.
This paper will outline the pros and cons of outsourcing and how it affects the United States economy in regards to jobs and cost. Briefly, I will discuss the history and time line of outsourcing, while explaining the progress of outsourcing. This progress will include comparing ancient outsourcing to the outsourcing in the 21st century. I will also go into great detail about the differences between state and federal legislation in regards to outsourcing. Lastly, I will conclude with more options to regulation in regards to outsourcing. These options will include regulations that deal with labor laws how America can increase jobs.
Introduction
According to Webster’s Dictionary, outsourcing is the contracting out of a business process, which an organization may have previously performed internally