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House Committee Begins Examination of Offshore Outsourcing's Impact RRS feed

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  • At a congressional committee hearing focusing on the impact of IT offshoring, U.S. Rep. Bart Gordon (D-Tenn.) warned that soon the best jobs may all be located overseas. "If current trends continue, for the first time in our nation's history, our children may grow up with a lower standard of living than their parents," said Gordon, chairman of the House Committee on Science and Technology. The hearing included testimony from a four-member panel of policy analysts and industry representatives, and was the first in a series of "fact-finding explorations" on the impact outsourcing is having on U.S. workers and the domestic economy. Martin Baily, chairman of the Council of Economic Advisers during the Clinton administration, said the United States is benefiting from the influx of talented scientists and technologists who want to study and work in the United States, but that such foreigners are not treated well by the U.S. government. Baily said the United States needs to do more to strengthen its educational systems and encourage students to major in science and technolog
    Thursday, June 14, 2007 8:38 AM

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