Out of curiosity, and without wanting to get into the whole is it good/is it bad/is it fair thing:I see this proposal has been submitted to the house:
What is it that the people who complain about off-shoring want done about it.
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The proposed Defending American Jobs Act, introduced on Wednesday, requires federal agencies that provide grants or loan guarantees to businesses to obtain reports on the number of employees those companies have inside and outside the United States, and on how much each group is being paid. One year after the bill becomes law, which is unlikely to happen this year, grant or loan recipients would be required to disclose how many domestic employees have been laid off as a proportion of the company's total global work force.
Here's the catch: If more U.S. workers than foreign workers received the ax, the company would be "ineligible for further assistance" until it started hiring American employees again.
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I think (a) it's doomed, (b) it's probably a bit limited in scope because the big stick only applies to a limited number of companies, and (c) it's probably a good idea - at least it's a formula that encourages companies to think twice about layoffs, though it completely misses outsourcing (where the US company doesn't actually have any foreign employees, just a contract with a foreign company).
Cheers Russell C.
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