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06-01-2011, 01:37 AM #1
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Paul_Craig_Roberts: Offshoring Destroyed the US Economy
Offshoring has Destroyed the US Economy
Politics / US Economy
May 31, 2011 - 04:37 PM
By: Paul_Craig_Roberts
These are discouraging times, but once in a blue moon a bit of hope appears. I am pleased to report on the bit of hope delivered in March of 2011 by Michael Spence, a Nobel prize-winning economist, assisted by Sandile Hlatshwayo, a researcher at New York University. The two economists have taken a careful empirical look at jobs offshoring and concluded that it has ruined the income and employment prospects for most Americans.
To add to the amazement, their research report, “The Evolving Structure of the American Economy and the Employment Challenge,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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