As we think about renewing our economy in 2010 figures like these are critical to examine … and we should review whether the tax code benefits firms who offshore jobs… maybe the government should publish a monthly list of companies, by name,
that are exporting jobs and the number of jobs shipped overseas… maybe consumers would make choices according to where firms operate… I would…
If we are going to rebuild our economy we must create jobs in the United States… our hollow economy becomes more hollowed out…
From the Economists View…
~~~ ” Sudeep Reddy summarizes a report from the Dallas Fed on “Labor Market Globalization in the Recession and Beyond”:
‘Virtual’ Immigration Continued Rising During Recession, by Sudeep Reddy, Real Time Economics: The global economic downturn spurred declines in physical immigration — the movement of people across borders — in 2008 and 2009. But a new Federal Reserve Bank of Dallas report says “virtual” immigration — moving the work rather than the workers — continued to grow…” ~~~