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eve won't touch this
so I alone
have to .....
its a chunk of unadulterated
delong neo-blubberand it needs chopping up
like its headed for a wok===================
======================t'is about the gains and loses
from outsourcing"As with any change in technology
that increases the volume of international trade
in goods and services ....""the "outsourcing" of service-sector jobs
creates winners and losers--""but almost surely more and bigger
winners than losers"" Big winners are workers
in poor countries who get better jobs
working for firms that can now export
services to rich core countries
like the United States"" The major losers
are those who previously held
the now-outsourced service-sector jobs
in the United States,
who must now find new and different jobs
and almost surely find that their skills
are worth less.""But even in the United States
the losses to the losers
are outweighed by gains to winners"" American workers who find their skills
in industries in higher demand
as foreigners spend their increased dollar earnings""American consumers who see the prices
of what they buy fall",
" and American shareholders and managers
who see the profits of their companies increase"
". We should worry about the distributional consequences
of "outsourcing" and how policies can cushion and offset them"" But we should never overlook that
--as is almost surely the case with expanded trade--
"outsourcing" increases the total size
of the economic pie "
Posted by pinky at June 28, 2006 01:05 AM