[Texgreen] Outsource all jobs?

Roger Baker rcbaker@eden.infohwy.com
Wed, 13 Jun 2007 08:23:10 -0500


Fortunately not. For real job security, you need to refine your  
skills at bartending or waitressing.  -- Roger

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<http://baltimorechronicle.com/2007/061107Roberts.shtml>

How Offsourcing Undermines America
by Paul Craig Roberts

Princeton economist Alan Blinder, a former vice chairman of the Federal
Reserve, says that the entire range of tradable professional services  
can be
offshored. I agree with him. He estimates the number of these jobs at
approximately 50 million.

Should such displacement occur, what occupations would absorb such  
numbers
of economically displaced Americans? As I have documented  
relentlessly, in
the 21st century the US economy, according to the nonfarm payroll  
data of
the Bureau of Labor Statistics, has been able to create net new jobs  
only in
nontradable domestic services, jobs such as waitresses and bartenders  
and
health and social services. Free trade ideologues claim without evidence
that the lost jobs will be replaced by better jobs. They do not  
explain why
any such better jobs, should they materialize, would not themselves be
offshored.