In Defense of Outsourcing
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One of the less edifying features of the presidential campaign season has been the contest between Barack Obama and Mitt Romney to define the other as the true “ outsourcer-in-chief .” Party surrogates have also gotten in on the action, with the result that outsourcing has become a political hot potato. That’s unfortunate because obscured by the thicket of bipartisan demagoguery is the fact that outsourcing, while not without its drawbacks, is a net positive for the U.S. economy that deserves to be defended on its merits. At the most basic level, outsourcing is form of trade.
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