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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 13, 2004
Page
7
The Gazette editorial argues Iowa's three public universities will see near flat or modestly rising budgets for next year despite a rebound in the economy. Total spending reaches 3.13 billion with most growth in non educational areas like hospitals and athletics and state aid cut by 163 million since 2000.
The piece argues offshoring and outsourcing create net gains through higher profits, R&D funding, and productivity. It cites historical job shifts, projected growth in tech and service sectors, and estimates of net job gains, urging policies for lifelong learning over protectionism with expert notes from John Manzella.
In a critical essay Amy F. Isaacs of Americans for Democratic Action argues that shipping jobs overseas harms the U.S. economy and workers. She cites wage losses, reduced purchasing power, and calls for stable domestic jobs over corporate profit driven outsourcing.
In 2003 the Small Business Committee held two hearings on globalizing white collar work and offshoring high skilled jobs. Sen. Daschle introduced February legislation requiring firms exporting American jobs to warn workers and communities, while the Jobs for America Act of 2004 remains a focus for more details.
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