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mrtopproduce Posted by: mrtopproduce
Jul 4, 2009
Black in America

Join the conversation as CNN takes another hard look at the myths, the facts, the stereotypes and the realities of being black in America.

 

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Yes and No
jae1837 Posted by: jae1837 // 10 months ago // viewed 353 times
Owings Mills, Maryland // embed media

Seven years ago I was starting a new job as a Software QA Engineer with Compaq Computers.  Three years later, my job went to India without me.  No matter how much more training I had, it is hard to imagine that I would have kept that job since the engineer in India had a salary that was only 1/3 of my own.  This is the brutal fact of globalization.  Everyone who loses their jobs lost them not because they were inefficient workers, but because the cost of labor overseas is only a fraction of our own.  How is this possible?  Because their cost of living is a fraction of our own.  How do we compete against their cost of living?  Now I have gone to graduate school and work in a completely different industry.  I almost earn the same amount of money as I did before I was laid-off, but now I have a school loan I have to pay off.  I am happy, but financially worse off.

In response to assignment: Are you better off?
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