Monday, February 23, 2004

The other side of Outsourcing

"I took him to a factory outlet center. In the back of the Rockport store they were having a clearance of shoes made in China or Indo-someplace. I bought him a pair of fine leather shoes for $24. You shoulda seen my boy's face light up."

Free trade is helping that lady make ends meet because her hard-earned dollar now has more buying power. If those fast-talking protectionists had their way, the high cost of living would deny her boy those shoes.

Just wanted to be somewhat balanced here and present the other side of the argument as suggested by William Safire - arch conservatist pundit for the NY Times. As you can see, it is a complicated issue.

Quote of the Day:
"If the automobile had followed the same development cycle as the computer, a Rolls-Royce would today cost $100, get a million miles per gallon, and explode once a year, killing everyone inside."
Robert X. Cringely, Info World Magazine 

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