Jeremy wrote:
] According to the election-year bluster of politicians and
] pundits, the outsourcing of American jobs to other countries
] has become a problem of epic proportion.
]
] Fortunately, this alarmism is misguided.
]
] Outsourcing actually brings far more benefits than costs, both
] now and in the long run. If its critics succeed in provoking a
] new wave of American protectionism, the consequences will be
] disastrous -- for the U.S. economy and for the American
] workers they claim to defend.
]
]
] This article appears in the May/June 2004 issue of Foreign
] Affairs.

Drezner pinpoints why there is such a strong backlash:

When it comes to trade policy, there are two iron laws of politics. The first is that the benefits of trade diffuse across the economy, but the costs of trade are concentrated.

RE: The Outsourcing Bogeyman