The 725 Billion Dollar Lie

(Headline from the Los Angeles Times)
"2005's Trade Gap Tops $725 Billion"
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This is a $725 Billion LIE!

    There is no trade GAP!

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NYT: Outsourcing up the Ladder: Time to Get Serious

The New York Times today published an article on the topic of outsourcing. Steve Lohr, the author of the article, contends that outsourcing is climbing the skills ladder. What he means by this is that the jobs that were originally outsourced were simple assembly tasks. After these jobs were outsourced, companies began to outsource higher skill jobs, such as computer programmers. Now, outsourcing has progressed up the skills ladder to include such highly skilled jobs as engineers and scientists.

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Diaries

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