I’m seeing a huge mind shift toward outsourcing, even for finance jobs that require a significant amount of judgment and expertise. This has been going on in IT for some time, but it is rapidly working it’s way up the food chain.
It’s been going on for 30 or 40 years, with manufacturing being shipped overseas prior to IT. It’s just finally hit your neck of the woods.
Is it any wonder that we have enjoyed such a vibrant consumer based economy when a working class couple with perhaps $60,000 per year of household income can borrow over $500,000 (tax free) and buy whatever they want with the money?
Oh, it isn’t just consumers. It appears to me they’ve learned it from the executive and legislative branches of their government- look at how the federal debt took off around 1980 and has barely looked back.
