Does Outsourcing Affect The Economy

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Think about this--Does offshore outsourcing hurt the U.S. economy by draining away jobs and investment, or does it ultimately make the U.S. stronger? This is a question asked by Tim Aeppel from the Wall Street Journal. He continues, “Is it a cost-cutting tactic that should be encouraged, or should it be punished in some way? The issue has become a hot button this election year.” The issue of outsourcing is to obtain goods or a service from an outside or foreign supplier, especially in place of an internal source. Now this becomes a difficult controversy when compared to the fact that outsourcing creates jobs but these benefits are spread out over time and hard to quantify. That line doesn’t work anymore, since service jobs, including high-skill

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