Mises Wire

The Crisis That Never Was

The Crisis That Never Was

As we’ve seen with the manufacturing “crisis,” the “outsourcing of America” is a total farce. As reported in today’s NYT (registration required) and WSJ ($), the total number of jobs lost due to outsourcing was 4,633—only 2.5% of the 182, 456 jobs reported lost during the 1st quarter of this year. I’ve already emailed these articles to Lou Dobbs.

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