] The movement of American factory jobs and white-collar
] work to other countries is part of a positive
] transformation that will enrich the U.S. economy over
] time, even if it causes short-term pain and dislocation,
] the Bush administration said yesterday.
]
]...
]
] "Outsourcing is just a new way of doing international
] trade," said N. Gregory Mankiw, chairman of Bush's
] Council of Economic Advisors, which prepared the report.
] "More things are tradable than were tradable in the past.
] And that's a good thing."

[ WHAT!?! -k]

The Seattle Times: Nation & World: Bush report: Sending jobs overseas helps U.S.