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  • From: David R.Matusiak <dave AT matusiak.org>
  • To: "Internetworkers:http"@happyhouse.metalab.unc.edu://www.ibiblio.org/internetworkers/ <internetworkers AT lists.ibiblio.org>
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  • Subject: [internetworkers] Just how stupid *are* you?
  • Date: Tue, 10 Feb 2004 11:31:56 -0500

Pretty dense if you're still believing the reports from Washington DC.
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http://seattletimes.nwsource.com/html/nationworld/ 2001854367_bushecon10.html

Bush report: Sending jobs overseas helps U.S.

WASHINGTON — The movement of American 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 has become an issue in the 2004 elections, is contained in the president's annual report to Congress on 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."



  • [internetworkers] Just how stupid *are* you?, David R . Matusiak, 02/10/2004

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