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Mar 09

Bringing the Jobs Home: How the Left Created the Outsourcing Crisis, and How We Can Fix It

Location: The Heritage Foundation's Van Andel Center

Every night on the news, it's the same story: More American jobs are moving from Indiana to Indonesia, New Jersey to New Delhi, California to Calcutta. High-paying technology and middle-management jobs - the ones we most want to keep inside our borders - are being lost to foreign workers who provide cheaper labor. The giant sucking sound is no longer just heard in factories and rural areas.

Politicians on the left blame this outsourcing phenomenon on capitalist greed and "Benedict Arnold CEOs" who care about nothing but the bottom line. Todd Buchholz exposes the myth behind that and other gross mischaracterizations. Isn't American business doing exactly what it is supposed to: cutting costs, staying competitive, operating efficiently, making sound decisions for shareholders?

Instead, we should consider the off-shoring of American jobs as a major warning bell: After decades of failed government policies coming from anti-business liberals, the United States is getting soft around the middle and less competitive on the world stage. Buchholz uncovers the truth about the outsourcing crisis and, unlike anti-business critics, offers meaningful solutions that can make us muscular and competitive on the world stage again.

TODD BUCHHOLZ is an internationally known commentator on the world economy, technology, and financial markets. He is a former White House Director of Economic Policy under President George H. W. Bush and has advised investment firms such as the Soros Fund, Goldman Sachs, and Tiger Management. A regular commentator on the PBS Nightly Business Report, he often appears on CBS, CNN, and CNBC. Buchholz is the author of New Ideas from Dead Economists, Market Shock, and From Here to Economy. He is a recipient of Harvard University's annual teaching prize, awarded by Martin S. Feldstein.

More About the Speakers

Todd Buchholz
Author

Hosted By

John Edward Hilboldt John Edward Hilboldt

Director, Lectures & Seminars Read More