Reply #120: Yet his people said in Feb 2004 outsourcing was a GOOD thing [View All]

[rainbow4321]

Can't have it both ways, chimpboy...what kid wants to go into a field that will be outsourced. I can round up several thousand adult Texans who took math/science seriously as kids and look where it got them..unemployed from layoffs/outsourcing.


http://www.post-gazette.com/pg/04041/271362.stm

The movement of U.S. factory jobs and white-collar work to other countries is part of a positive transformation that will enrich the U.S. economy over time, even if it causes short-term pain and dislocation, the Bush administration said yesterday.

The embrace of foreign "outsourcing," an accelerating trend that has contributed to U.S. job losses in recent years and become an issue in the 2004 elections, is contained in the president's annual report to Congress on the health of the U.S. economy.

"Outsourcing is just a new way of doing international trade," said N. Gregory Mankiw, chairman of Bush's Council of Economic Advisors, which prepared the report. "More things are tradable than were tradable in the past. And that's a good thing."