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Bush Report: Sending Jobs Overseas Helps USWASHINGTON — The movement of American factory jobs and white-collar work to other countries is part of a positive transformation that will enrich the U.S. economy over time, even if it causes short-term pain and dislocation, the Bush administration said yesterday.
The embrace of foreign "outsourcing," an accelerating trend that has contributed to U.S. job losses in recent years and has become an issue in the 2004 elections, is contained in the president's annual report to Congress on the U.S. economy.
"Outsourcing is just a new way of doing international trade," said N. Gregory Mankiw, chairman of Bush's Council of Economic Advisors, which prepared the report. "More things are tradable than were tradable in the past. And that's a good thing." [more]
Ok, so the loss of millions of American jobs is ok because . . . "more things are tradable." Fuck that nonsensical bullshit. Kucinich talks about getting into office and stopping corporations from moving factories overseas by declaring it an "issue of national security." I love that guy; I hope he continues to add to the national conversation after the primaries. Kerry speaks of "Benedict Arnold CEOs." We should remember the most apt term for what these transnational corporations are doing today by continuing to move their labor to whatever country happens to be cheapest at the time: "a race to the bottom."
If progressives need a unifying vision--and I believe that they do--it will take shape in a new form of globalization: a humans-first globalization instead of a corporate-first globalization. From the bottom up, and that means a livable wage, decent working conditions and an environmental standard which fits in with the Kyoto Accord. The current transnational race to outsource (starting in manufacturing in the US and now growing within the white collar sectors)--and not just out of the US, but from one cheaper country to another--is a race back in time to the beginnings of the industrial age circa 19th century. Fuck that shit. This planet can do better.
noted by Dr. Menlo 2/10/2004 03:09:00 PM
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