skinner Wisconsin
08/08/16 1:52 pm
Yes, outsourcing is inevitable in a globalized economy as businesses seek to reduce their costs. Outsourcing can be prevented in certain industries where America has a comparative advantage but we will never be able to bring back jobs in sectors like manufacturing, because the United States will never be able to match the lower labor costs in developing countries. That's okay though. The United States will still be able to specialize in other industries and we are still the world's largest economy where businesses would be foolish not to invest.
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