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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (24667)8/8/2003 1:00:54 PM
From: Karen Lawrence  Respond to of 89467
 
America the Morass

What does this shifting of jobs overseas mean for the U.S. economy?
We really don’t know. One of the problems is that the rhetoric on one side has been somewhat alarmist: “These shops will leave and we won’t be able to do anything about it.” It’s probably not entirely correct but there is some truth to what they say. On the other side, companies don’t really want people to know what’s going on. Policy makers seem to be at a loss at what to do. They may say that this an irreversible trend, it’s just global capitalism at work, free trade. I think it’s a bit of a red herring. This is not all beneficial to the U.S. economy, as some seem to be arguing.