Administration Continues to call Outsourcing Good!

[mburbank]

Treasury chief calls outsourcing a plus for US

By Robert Gavin, Globe Staff, 3/31/2004

Treasury Secretary John W. Snow, in the latest sign that the Bush administration intends to directly defend free trade despite the loss of American jobs overseas, argued in an interview published yesterday that outsourcing ultimately helps the US economy.

Snow told The Cincinnati Enquirer that outsourcing "is a part of trade . . . and there can't be any doubt about the fact that trade makes the economy stronger." The comment echoed those made recently by two of President Bush's top economic advisers, N. Gregory Mankiw, chairman of the Council of Economic Advisers, and Stephen Friedman, director of the National Economic Council, who also suggested that shifting some jobs overseas would benefit the United States.