As U.S. job growth languishes and more white-collar jobs are “outsourced” to such places as India, the political repercussions grow and the defenses get stranger.
Yashwant Sinha, external affairs minister of India, was quoted in The New York Times on Monday saying “The U.S. has to realize that by outsourcing, its companies remain competitive and save jobs.”
Whose jobs are saved is left unsaid.
Separately, N. Gregory Mankiw, chairman of President Bush’s Council of Economic Advisors, justified the president’s support of outsourcing by saying it’s “just a new way of doing international trade. More things are tradable than were tradable in the past. And that’s a good thing.”
Someone better tell India that. Sinha had earlier told the Times that India opening its markets wider to “help create other jobs in the United States” was “not the way to go.”
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