Economic Report vs SOTU

[bonemachine]

So, according to the 2004 Bush Economic report, outsourcing jobs is good. For example, outsourcing medical jobs will help controll spiraling medical costs!

But wait, in the SOTU, didn't Bush promise we'd be ADDING skilled jobs, like those in medical professions?




Shipping jobs to low-cost countries is the "latest manifestation of the gains from trade that economists have talked about" for centuries, said N. Gregory Mankiw, chairman of the White House Council of Economic Advisers. Just as U.S. consumers have enjoyed lower prices from foreign manufacturers, so too should they benefit from services being offered by overseas companies that have lower labor costs, he said.

http://www.washingtonpost.com/wp-dyn/articles/A26982-2004Feb9.html



America's growing economy is also a changing economy. As technology transforms the way almost every job is done, America becomes more productive, and workers need new skills. Much of our job growth will be found in high-skilled fields like health care and biotechnology. So we must respond by helping more Americans gain the skills to find good jobs in our new economy.

http://www.whitehouse.gov/news/releases/2004/01/20040120-7.html

[bonemachine]

1. Seriously

How can we add jobs to a field that we are outsourcing?