US Treasury Secretary: Outsourcing can HELP the economy

[ringmastery]

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040330/ap_on_el_pr/snow_outsourcing_3

CINCINNATI - Treasury Secretary John Snow says outsourcing of American jobs, a hot issue in the presidential campaign, can help make the economy stronger.

"It's part of trade," Snow said. "It's one aspect of trade, and there can't be any doubt about the fact that trade makes the economy stronger."

Snow said in an interview with The Cincinnati Enquirer that technology is allowing U.S. companies to downsize and become more efficient by linking contract workers through the Internet.

"You can outsource a lot of activities and get them done just as well, or better, at a lower cost," Snow said during a stop here Monday. "If we can keep the American economy strong and growing and expanding, we'll create lots of jobs."

Snow's comments on outsourcing followed remarks on the same subject last month by N. Gregory Mankiw, chairman of President Bush (news - web sites)'s Council of Economic Advisers, who stirred controversy by suggesting that shipping U.S. service jobs overseas could be good for the economy.

[phillybri]

1. Rather it can help those who DON'T LOSE THEIR JOBS...

Idiots...:grr:

[Career Prole]

2. Their complete lack of empathy never fails to astound me n/t

[Buns_of_Fire]

3. In other news,

the boosh* administration says that two glasses of undiluted chlorine bleach, ingested at breakfast and dinner, can assist in removing many undesirable organisms from the human gastrointestinal tract. :eyes:

[Mandomaniac]

4. In other news...

The Bush administration came out today with a startling fact that the moon is actually made out of cheese.

[Rincewind]

5. outsourcing

I think Mr. Snow's job should be outsourced, that would help strengthen the economy.