
raisinbran20 asked
WASHINGTON — Under new legislation introduced by a group of Senate Democrats on Thursday, American employers would be required to warn their employees and affected communities before moving any jobs overseas. The Jobs for America Act was introduced in response to President Bush's annual economic report, released Monday, in which he highlighted the benefits of sending jobs to other countries. 'This week, Americans learned something important. Exporting jobs isn't an accident — it's administration policy,' Senate Minority Leader Tom Daschle, chief author of the bill, told reporters on Capitol Hill. 'This is Alice in Wonderland economics,' Daschle, D-S.D., continued. 'Nearly every state in the nation has lost manufacturing jobs, and contrary to the administration's economic theories, there is nothing good about it. The administration is putting corporate profits ahead of American jobs. And the exporting of jobs is hurting millions of Americans and countless communities across the country.' Lawmakers on both sides of the aisle have begun hitting the administration over its support for outsourcing. House Speaker Dennis Hastert (search) said that Gregory Mankiw (search), chairman of the president's Council of Economic Advisers (search) and the primary author of the report, is way off-base when he describes outsourcing U.S. jobs as 'just a new way of doing international trade.' Mankiw's theory 'fails a basic test of real economics,' which is that an economy suffers when jobs disappear, Hastert said Wednesday in a written statement. Outsourcing (search) is when American companies transfer jobs from the United States to places like India, China and Mexico. India is an increasingly popular destination for jobs because of its cheap, educated and English-speaking labor force. Among the jobs that are migrating are those of telemarketers, software developers, radiologists, and most recently journalists. Reuters news service just announced plans to
45 answers · 0 comments
Answer this yourself in the app
See how this splits by age, gender, and region in the app.