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High tech job flight threatens our security and prosperity.
The dramatically quickening flight overseas of high tech and professional jobs represents the ultimate betrayal of American workers by current U.S. trade and globalization policies. At risk are Americans' future livelihoods, our country's world technological leadership, and thus our national security.
During the 1990s tech boom, globalization supporters confidently made a promise to Americans: If they seized new opportunities to retrain and re-skill themselves, they could stay ahead of global competition, easily move from vanishing smokestack manufacturing to the better paying "industries of the future."
Yet in the next decade, literally millions of jobs in fields ranging from software engineering to financial analysis to accounting and even government record processing are likely to move to low-wage countries like India. And the technological knowhow to make the world's most advanced products--including weapons--will move with them.
Even during the tech boom, the globalizers' promise rang hollow. For example, though growing rapidly, the total number of technology and professional jobs remained meager. And ...
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Source: HighBeam Research, High tech job flight threatens our security and prosperity.