My Point of View on How Outsourcing is Affecting Social Security

My Point of View on How Outsourcing is Affecting Social Security.

Our Entitlement pyramid is crumbling and outsourcing is one of the culprits.

We are creating an inverse pyramid by having less employees contributing to
support the present time retirees.

The outsourcing business has a detrimental impact on U.S.
Employment, the U.S. Economy and the U.S. Treasury, because the
money is expended abroad and normally it does not come back.

The outsourcing business is growing day by day in America.

Employment (payroll) is the basis used in theory to calculate future
benefits.

When you outsource a job:

U.S. may have a unemployed american.
U.S. will not received Social Security taxes from this unemployed American.
U.S. will not receive Medicare Taxes from this unemployed american.
U.S. will not benefit from consumer spending from this unemployed american.
U.S. will have to cover the uninsured through medicaid because this
unemployed american.
U.S. will lose all the direct and indirect benefit of having that unemployed
american working.
U.S. is exporting its working capital.


U.S. must maintain quality in education so our jobs are not exported to help
other countries. We need the help ourselves.

Our social security program is in trouble Our Medicare program is in trouble
Our health insurance industry does no contain cost.
Our future retirees are in trouble.

Jose F Padro
2009

Any tax advice included in this written or electronic communication was not
intended or written to be used and it cannot be used by the taxpayer, for
the purpose of avoiding any penalties that may be imposed on the taxpayer by
any governmental taxing authority or agency.