Sen. Fritz Hollings: Industrial Policy: "Two years ago, Alan Blinder, the Princeton economist, estimated that in ten years the United States would lose thirty to forty million jobs to offshoring. That's an average of four million a year. And losing two million jobs in the last three months, Blinder's estimate is on target. The economists' plan, the Obama plan, the House plan, the Senate plan, all plans create at best four million jobs in two years, with less jobs created than are lost."
(Via Huffington Blog.)
