Free Republic

That's what all the anticipation was about? The Government Accountability Office (what you and I remember as the General Accounting Office) last week issued a long-awaited report (which was supposed to be out last spring) on the nettlesome issue of offshoring/outsourcing. If you missed the report, you didn't miss much. The GAO report can be neatly summarized by this sentence from the report's abstract: "Government data provide limited information about the effects of services offshoring on U.S. employment levels and the U.S. economy." (GAO didn't look at goods production offshoring/outsourcing.) The agency noted that "the reasons for the growth in...

GARRISONVILLE, Va. — When Paddy's Steakhouse & Pub opened in December 2002, a 12-ounce prime rib sold for $15.99. Today, after a run-up in beef prices and a growing clientele, the menu lists that same cut for $19.99. "You don't want to change your prices because people will think that you're trying to rip them off," said owner Michael Brosnan, who absorbed the higher costs for several months before reprinting the menus. "But you've got to do what you've got to do." With energy and raw-material costs on the rise and demand for goods and services picking up, gasoline, milk,...

<p>April 7, 2004 -- WASHINGTON - President Bush yesterday visited Arkansas to promote his new job-training program, while John Kerry charged that Bush's jobs record is a loser.</p> <p>Speaking in El Dorado, Bush said he will boost the federal job-training program from 200,000 to 400,000, and vowed to make science and math a bigger requirement in vocational schools.</p>

Indo-Asian News Service US mortgage bank Abbey has announced that it would outsource some of its back office works to India with a view to cutting cost, angering the workers' union who say the move will result in large-scale job losses. Abbey is discussing its outsourcing plans with MsourcE, which provides accounting, payroll and processing services to a host of companies globally in Bangalore and Pune, reported silicon.com. Amicus, a trade union that represents insurance and financial services workers, has called for an immediate meeting over the pilot project of Abbey. "Outsourcing is a fact of global life but it...