HERE’S MORE ON OUTSOURCING from the New York Times. More support for my prediction that this will be an election issue:
Now political groups are offering estimates. The Progressive Policy Institute, which is affiliated with the Democratic Party, will soon publish its calculation of manufacturing jobs shifted overseas since George W. Bush took office just before the recession began, said Rob Atkinson, a vice president. Not surprisingly, the estimate — imputed from trade data — is on the high side: 800,000 jobs lost to overseas production.
Not surprising at all.