Thursday, June 10, 2004

This Calls for A Major Economic Policy

From today's WSJ (link requires subscription):
THE U.S. SAID that 4,633 workers lost their jobs to "offshoring" during the first quarter, in the government's first attempt to count the number of workers who get fired when their jobs are transferred overseas.
Out of a labor force of about 142,000,000 workers, that is .0032% of all workers. I'll even take a yearly number and say it's .013%.

Should the U.S. enact major economic policy changes for 0.013% of workers?

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