CEOs criticize offshoring

This is interesting, not so much for what it says, as for who says it, a group of U.S. CEOs organized as the Horizon Project.

Concerns about Trade & Economic Growth mostly manifest themselves in the nation’s record – and still growing – trade deficit, and in the disappearance of valuable chunks of its economy due to offshoring. Underlying these highly visible phenomena is the growing divergence between the national interests of the United States and the interests of many U.S. multinational corporations which, if given their druthers, seem tempted to off shore almost everything but consumption.

From the Horizon Project: Report and Recommendations (pdf).


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