An American Economy Globalization is a very pressing issue in American culture today. Within any economy, globalization will cause many problems and at the same time solve many others. This is true because there are many factors involved in globalization, one of the most important being labor outsourcing. While at first glance and from what has been reported in the media, job outsourcing is definitely not healthy for the economy. However, upon closer examination, the opposite may be true. Outsourcing work, while initially burdening the workforce, is helpful in creating a strong economy. Work outsourcing creates an initial loss of jobs in the affected area. This happens because in a global economy the idea is to move your workforce to the most efficient location. Of the outsourcing that occurs in the United States, less than 30% has even been sent overseas (Reed Business Information, 7), meaning that jobs are moving from one city to another in the United States. This is simply smart business because often, depending on the business, other parts of the country are cheaper than others. Often, however, the workforce is not displaced but simply replaced with similar but cheaper ones available in a low-wage country. The old workforce is now out of work and must relocate or retrain. This concept is often considered cutthroat because people are only interested in the immediate negative effects and not the possible positive outcomes. Let's take IBM for example. They will be announced in January...