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Outsource, outsource, and outsource some more: a boon to the American economy.(The Economy)(Column)
WHEN President Bush's chief economist, Gregory Mankiw, observed in February that foreign outsourcing "is probably a plus for the economy in the long run," reaction was swift. In a press release the following day, John Kerry thundered: "Unlike the Bush Administration, I want to repeal every tax break and loophole that rewards any Benedict Arnold CEO or corporation for shipping American jobs overseas." Hillary Rodham Clinton chimed in: "I don't think losing American jobs is a good thing. The folks at the other end of Pennsylvania Avenue apparently do." Even Republican House Speaker Dennis Hastert piled on, saying the ex-Harvard professor's "theory fails a basic test of real ...
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...potential benefits to a small firm of foreign outsourcing, the board called for attention...concerns, and adds that the issue of foreign outsourcing has long been debated by the Institute...the responsibilities inherent in foreign-outsourcing arrangements. He also says that...
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...s a hot trend that will continue growing. Offshore or foreign outsourcing of customer support could even be used by the companies...cons for distributors. Money, as usual, was the reason foreign outsourcing came about, and it was software developers who started...
- Foreign outsourcing accounts for 2.5% of Q1 job losses.
- News wire article from: The America's Intelligence Wire June 10, 2004 700+ words
(From CBS Marketwatch (Stories)) WASHINGTON (CBS.MW) - Few U.S. jobs are lost because of foreign outsourcing, Labor Department data show. In its first-ever estimate of outsourcing, the Labor Department said moving jobs overseas accounted...
- UPDATE 1-Few U.S. jobs lost to foreign outsourcing, data show.
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...Marketwatch (Stories)) Byline: ELIOTT C. McLAUGHLIN WASHINGTON (CBS.MW) - Few U.S. jobs are lost because of foreign outsourcing, indicating that concerns that U.S. companies are exporting jobs may be overblown, Labor Department data...
- Foreign outsourcing no threat to U.S. jobs: study: Majority never leave U.S.
- News wire article from: The America's Intelligence Wire June 11, 2004 700+ words
(From Financial Post) Byline: PATRICK WALTERS WASHINGTON - The bulk of outsourced jobs never leave U.S. shores, the government said yesterday in a new report suggesting concerns over American workers losing jobs to cheaper foreign labor may be exaggerated. Nine percent of non-seasonal U.S. layoffs
Source: HighBeam Research, Outsource, outsource, and outsource some more: a boon to the American...