April 02, 2004

Given the choice, would Americans prefer a European style society which puts roadblocks in the way the companies that wish to fire workers and as a result has fewer companies wanting to hire? Some will accept less prosperity and opportunity in return for more stability and security (unions do that) but the trend is not going that way. It seems that in the private sector the majority does not. While it is easier to get laid off in America than in Europe it is also easier to find a job in America. The result is a constantly rejuvenating economy. Take the former rust belt where the complaints about outsourcing are the loudest. Data shows that Ohio has imported 242,000 jobs, Indiana 163,000 and Michigan 244,000. Outsourcing isn’t a symptom of America's decline it is part of a process that prevents decline.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format