April 2, 2004

Outsourcing Jobs

From Instapundit comes this link to a story saying that the number of jobs created is greater than the number of jobs lost to outsourcing: bq. Bell and BMW illustrate the flip side of the election-year debate in the United States over job "outsourcing." While U.S. companies including Hewlett-Packard Co., the world's second- largest computer maker, and AIG Life Insurance Co., the world's largest insurer, have transferred white-collar work to low-wage countries such as India and China, more jobs are coming the other way, according to government estimates and trade analysts. bq. "Any way you slice it, the world is creating or transferring more jobs to the U.S. than we are doing to the rest of the world," said Daniel T. Griswold, a trade specialist at the Cato Institute, a research organization in Washington. bq. India's Essel Propack Ltd., Taiwan's Teco Electric & Machinery Co. and Denmark's Vestas Wind Systems A/S all have built plants in the United States in the last year and a half. We have a farm - you can visit the site at BrownSnout - we recently bought a tractor. The Vendor? Kuboat (Japanese). The factory where it was built? Torrance, California and Lincolnshire, Illinois (engine) Posted by DaveH at April 2, 2004 11:18 AM