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Does outsourcing help the economy?

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  • Does outsourcing help the economy?

  • #2
    Originally posted by Fishbone@Mar 31 2004, 11:21 AM
    It's funny how Kerry never mentions the jobs that are created.
    Asked what he would do differently in Iraq, Kerry said, "Right now, what I would do differently is, I mean, look, I'm not the president, and I didn't create this mess so I don't want to acknowledge a mistake that I haven't made."


    • #3
      Or this:

      The single most important factor explaining lagging job creation is the astonishing gains in labor productivity that have been achieved in the U.S. economy in the past few years," Bernanke said in remarks prepared for delivery to the Duke University Fuqua School of Business in Durham, North Carolina.
      and this

      The ITAA said the migration of tech jobs to low-paid foreigners has eliminated 104,000 American jobs, nearly 3% of the positions in the U.S. technology industry. But that's nothing, the ITAA said, compared with the home-brewed dot-com meltdown that has eliminated more than twice that many jobs since 2000.
      And that is just jobs eliminated in tech firms, not even counting jobs that were lost due to the recession thereafter