{"id":1351,"date":"2012-07-15T18:33:00","date_gmt":"2012-07-15T18:33:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/xenobamia_071512\/"},"modified":"2012-07-15T18:33:00","modified_gmt":"2012-07-15T18:33:00","slug":"xenobamia_071512","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/xenobamia_071512\/","title":{"rendered":"Caught in the xeno-bamia crossfire, these are dangerous times for the “outsourcing” industry"},"content":{"rendered":"
<\/p>\n
What's in a word?<\/p>\n<\/div>\n
The industry known as “outsourcing” is currently under its greatest-ever attack.<\/strong> \u00a0President Obama has made attacking Bain Capital’s promotion of itself as a “one stop outsourcing shop” as the focal point of his campaign. \u00a0And this is a serious attack – he has $512m in campaign money left to burn, and only $25m a month is currently being spent on attack-ads from both parties – the worst is yet to come <\/em>(from both sides).<\/p>\n
Without getting (overly) sucked into the politics, this election is becoming so nasty, so vehement and so contentious, that common sense is taking a backseat to negative politics, as many of the anonymous donors of hundreds of millions of dollars of Super PAC money demand victory at all costs, regardless of the collateral damage along the way.<\/p>\n
Worryingly, for the business and IT services industry, we are all now caught in the crossfire. \u00a0This is quickly developing into an attack on “outsourcing” that is going mainstream, where many pundits and voters, not familiar with the complexities of global business, are jumping on the bandwagon. As a British subject observing these shenanigans in amazement, I am increasingly wishing this election process could hurry up and be concluded, so this country can finally get back to creating policies, as opposed to this civil war of partisan politics,\u00a0which is focused almost entirely on negativity, where winning at any cost<\/em> seems to be the order of the day for both parties. \u00a0I sincerely hope the global economy can hold up through November, as we endure this painful – and, quite honestly, rather shameful period in our history.<\/p>\n
“Outsourcing” is the symptom of an increasingly competitive global economy, not the cause of America’s economic woes<\/span><\/strong><\/span><\/p>\n