In-sourcing jobs

Well, here's an interesting fact that John Kerry is certainly never going to tell you.

While reliable figures aren't available for the last two years, the Commerce Department estimated on March 18 that the number of Americans employed by U.S. affiliates of majority non-U.S. companies grew by 4.7 million from 1997 through 2001. In the same period, the number of non-Americans working at affiliates of majority-U.S. companies abroad rose by 2.8 million.

Is out-sourcing really the problem that the media tells us it is? Of course not, its just something people are preaching to try and get Kerry elected. If John Kerry creates any laws that restrict out-sourcing, he will certainly cripple other countries from outsourcing jobs to us. Say 'goodbye' to those Mercedes-Benz and Nissan factories.

"Any way you slice it, the world is creating or transferring more jobs to the U.S. than we are doing to the rest of the world," said Daniel T. Griswold, a trade specialist at the Cato Institute, a research organization in Washington.

Any attempt to protect our US companies by restricting free trade, like what Bush disastrously attempted with his steel tariffs, is always going to have a negative impact on our economy.