Economics wins again. Many people argue that the offshoring of lots of U.S. jobs is inevitable; after all, "those" people work for a lot less. (Remember H. Ross Perot in 1992 talking about the "giant sucking sound"?) But economics predicts that low wages, per se, are not enough to induce businesses to relocate. Productivity must also be taken into account. Many foreign workers, whether through lack of infrastructure, education, experience, or other reasons, are not as productive as U.S. workers. So, offshoring will not always be a good deal. This Newsweek report concurs. ("Onshoring" is now all the rage!)

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