Guests: Theodore Roosevelt IV, managing director, Lehman Brothers; Marc Chandler, senior vice president and chief currency strategist, HSBC; Abby Joseph Cohen, chair, Investment Policy Committee, Goldman Sachs & Company; Ethan Harris, chief economist and managing director, Lehman Brothers; and John Lipsky, chief economist and managing director, J. P. Morgan Chase & Company.
Outsourcing has been characterized as a threat to American jobs and companies by some, while others claim it is necessary to stimulate overall economic growth. What effect does outsourcing really have on economies that are sending jobs overseas? How does outsourcing affect economies that are receiving the influx of jobs?
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