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

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To: JakeStraw who wrote (12948)4/7/2004 9:18:07 AM
From: zonkieRead Replies (1) of 81568
 
<"Falsely putting words in Bush's mouth is deception," Fact Check reported last week. >
------------Do you mean that junior doesn't stand behind what his own administration says?
______________________

Bush economic report praises 'outsourcing' jobs
Tuesday, February 10, 2004

By Warren Vieth and Edwin Chen, Los Angeles Times

WASHINGTON -- 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."

post-gazette.com
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