Re: Fed vice chairman: 56 million American jobs could be outsourced



Bob wrote:

Can you provide an argumentation why do you believe the "Offshore
Outsourcing" is a bubble ?

It depends how you define "bubble", since this mess is 100%
our own fault. This trend will continue as long as our federal
government continues to reward corporations for exporting
as many jobs as they can, which is precisely what our federal
tax code has been doing since 1986.

This is also my assumptions. It won't go away until drastic measures
are taken by government to balance the trade. Or until US economy collapse
if we are unfortunate enough to get another Republican-Libertarian
administration.

I do not see any conditions to be a bubble. This is the reason I asked for
explanations.
.



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