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Politics : Don't Blame Me, I Voted For Kerry

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To: Lizzie Tudor who wrote (4560)2/29/2004 1:04:02 PM
From: Nikole WollersteinRead Replies (1) of 81568
 
here is another from the same source:
The US lost 2.9 million jobs in the 2001 recession, and job recovery has been slow. So, in an election year, political rhetoric on outsourcing is understandable.



But even if some protectionist barriers come up, they will barely dent outsourcing: the gains are too huge to be ignored.
American companies that do not outsource will be bankrupted by global rivals that do, and bankrupt companies do not employ people.
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