Monday, 5 November 2012

How the Presidential Election Will Impact IT Outsourcing

The issue of offshore outsourcing and its impact on American jobs has been front and center throughout the 2012 U.S. presidential campaign. But as election day draws near, both President Barack Obama and former Massachusetts Governor Mitt Romney are singing more or less the same tune on the subject-offshoring is bad; job creation is good.

But what will be the actual impact of the presidential election on offshoring and outsourcing in general? Will a Romney administration set a different tone on the subject of offshore job creation if he takes office?

Would a second Obama term result in new taxes on offshoring or increased skilled worker visa requirements or restrictions? Will either candidate's policies encourage domestic sourcing? And what's to come for public sector outsourcing at a time when federal, state and local governments are under increasing cost pressures?

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