Job loss point and counterpoint
Louis Uchitelle reports (in the New York Times) on efforts to count the jobs lost in the U.S. as manufacturing activity is "outsourced" overseas - but Brad Delong points out fundamental flaws in the exercise. Uchitelle: "A Missing Statistic: U.S. Jobs That Went Overseas" This link will go dead before too long, but DeLong quotes essential bits from it here, in his response: "Not the Right Number to Report".
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