Are We Exporting Our Jobs to India and China?
Many people fear that we are losing manufacturing and even white-collar, information-technology jobs to low-wage workers in developing countries such as India and China. In Congress proposals exist to restrict trade with China or to make it more difficult for U.S. companies to outsource or hire foreign-born workers. Are those fears justified, or is flexibility in the location of manufacturing and information jobs essential for American companies to remain competitive in a global economy? Come hear two experts discuss the surprising facts about the trade, investment, and employment trends that are reshaping the U.S. economy.