Outsourcing, part 2

As discussed in the previous post, millions of white-collar jobs are going to be outsourced to India over the next 10 years. This process has a big effect on the tax base, because these are primarily upper-middle-class jobs that are leaving. According to this article: As jobs leave, taxes do also:The loss of these jobs would not be a concern if economists thought that these millions of jobs were going to be replaced with even better, higher-paying jobs in the U.S. Apparently, many economists do not feel that is going to happen.

Now imagine the outsourcing trend combining with the loss of manufacturing jobs to robots, as well as the loss of service sector jobs to robots, etc. See Robotic Nation for details.

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