By Ros Krasny Fri Aug 25, 12:03 PM ET JACKSON HOLE, Wyoming (Reuters) - Take that, Lou Dobbs. Despite much handwringing and political posturing, the surge of job outsourcing, by increasing productivity, has actually helped raise real wages for low-skilled U.S. workers, according to two Princeton University economists. They countered critics of outsourcing, including high-profile CNN host Dobbs, who charge that transferring U.S. jobs abroad hurt American workers' well being. Full article … [Read more...]

“Once again, this is a shining testament to the world-class Filipino worker,” An interesting story today about the tiny island of New Caledonia.  The island is owned by France, one of the last vestiges of France’s former empire and is rich in Nickel and Cobalt ores.  One might wonder why France didn't staff this project with French citizens ... especially the huge, whining contingent that was bitching so loud about discrimination and lack of opportunity that they almost … [Read more...]