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.

So all that's left in the US is service industry? Skilled work needs to stay in America. Technology and information drive innovation, and a country of salespeople just isn't going to keep up.

/me rolls eyes.

Bush report: Sending jobs overseas helps U.S.