Reflections on the "New American" Revolution
Monday, February 16, 2004
 
Bush economic report praises 'outsourcing' jobsIn a new report this week President Bush “said 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.” The LA Times notes that Bush, who personally signed the report before it was released, “supports the shift of jobs overseas” despite 8 million Americans being out of work, and analysts predicting “as many as 2 million U.S. white-collar jobs” could be lost from more outsourcing.

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