From the article:
One of the most obvious falsehoods about job outsourcing is that it raises unemployment. Huh? Since 2001, during which criticism of outsourcing has hit a crescendo, U.S. businesses and entrepreneurs have created 9.9 million new jobs. The current jobless rate of 4.5% is below the average in any of the last four decades.
With this logic, couldn't you substitute "job outsourcing" with "illegal immigration"?
In economic terms “illegal immigration” is surplus of a particular resource i.e low skill human resource which acts as a drain on the economy at least for the short run.
“Job outsourcing” is reallocation of resources to optimize for greater competitiveness, profitability and overall return on the investment.
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