Outsourced jobs create better budgets for comanies to invest in innovation. Remember, an 'isolationist economy' will kill America and American jobs! Really? As another poster asked, if this is true, then why isn't India outsourcing their work? As matters stand, their economy is growing more quickly than our own.
China has high tariffs. More than that, they have a currency pegged to the dollar - this is all the very opposite of the free-trade ideal so widely espoused, and so seldom practiced.
It is interesting, is it not, that the UN favors free trade. Most of the UN's policies are not favorable to the US. Now, might it be possible - just possible - that free trade is not in our best interests?
Folks, India cannot outsource jobs, they have none! We provide them the remedial jobs. They then make money and BUY our products.
Get this...we give them a buy ecoonomy of our products. We don't want them to be the one's that own the jobs - right? Then they own the innovation...control the future.
America should control the innovation and then control the future! Think this over folks.
There is no way that India will ever overtake us, unless we become isolationists and force them too!!!