A lot of things changed in last 6 years since I wrote this article. We now have a new president, new policies, and priorities of his administration. Somehow I feel he’s also of the same view with which I wrote this article. this is pure imagination, “What if” scenario. Many of you expressed your views on the article, I thank you for that!

Slowly and gradually I noticed a lot of Americans are now buying American, growing American and making in America. Some started boycotting Chinese goods. More or less I still agree that in short to medium term this ban on Chinese imports would exert tremendous pressure on the world economy, a new recession will result.

But in the long run, say 15-20 years from now, the American economy will get more benefit than any of the other economies in the world if we ban Chinese imports today.

At this blog, I only talk about our finances. Let me break the trend and give you some food for thought. This is about the economy as a whole, not our own personal economy. This is about outsourcing and the trend here in the US. If outsourcing hasn’t really impacted you yet, it will be soon. Either in a positive or negative way.

Be watchful and be acquainted with the socio-economic changes happening around you. So, important to grow One Cent at a Time.

Let me first give you my opinions here, about outsourcing, and, the recent trend of American job outsourcing. Over the last weekend, I came across three different news reports on the web. All related to outsourcing trend and the political and economic impact of it. The three articles covered the aspects of: