The truth about outsourcing

The outsourcing of jobs has become a red herring for the media and politicians. Outsourcing is a normal, healthy part of the evolution in the US workforce - one that creates American jobs, boosts productivity, and improves the standard of living for all US citizens. In fact, far more US workers lose their jobs to technology than to outsourcing. But an interesting phenomenon occurs as economies seek greater efficiency: low-quality jobs are destroyed, while high-quality jobs are created. Another reality ignored in the outsourcing debate is the business the rest of the world outsources to the US.