Offshore Face-Off: Paul Craig Roberts vs. Jagdish Bhagwati

Moving jobs overseas can cut a company’s costs. But is it bad for the U.S. economy? Two economists debate the issue. By TIMOTHY AEPPEL  Staff Reporter of THE WALL STREET JOURNAL May 10, 2004; Page R6 Does offshore outsourcing hurt the U.S. economy by draining away jobs and investment, or does it ultimately make the U.S. stronger? Is it a cost-cutting tactic that should…

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