Outsourcing
By: Mike • Essay • 294 Words • May 11, 2010 • 789 Views
Outsourcing
As most of us are aware, our economy went from bad to worse to horrible. Why is that one might ask or one might say it is because of the Bush administration. But truly, can you point the finger at just one political party and put the entire blame on that administration without any reservations?
It was mentioned in an article by Mortimer B. Zuckerman, that the Bush Administration has a problem, "a big problem" (U.S. News & World Report; 2004). The stated claim was the promised tax cut would give Americans jobs, which is in high demand. According to the Council of Economic Advisers, they predicted, did not promise, but PREDICTED total job would average out to be 306,000 a month totaling a little over 3.3 million new jobs by the end of 2003. That is a pretty large number when you think about it. Does that mean we have over 3 million American unemployed? Consequently the article failed to mention that the endorsed tax relief for families by lowering tax rates