Is Insourcing Coming Back to the U.S.?

OK, now I am impressed. Senator Hillary Clinton—who hasn’t really done much to catch my attention so far—has come up with an “insourcing” agenda for American business in the 21st Century. I am glad to see that someone is actually talking about this issue. It is refreshing to say the least, considering the record of her opponents.   In 2003, Sen. McCain authored an amendment that undermined long-standing rules requiring the U.S. military to only purchase equipment, defense systems and components manufactured in the United States. This set the stage for the Air Force’s decision to outsource the production of refueling tankers for the American military to Airbus. Had Boeing won the contract, over 44,000 new jobs would have been created here in the U.S. As for Obama, at a campaign stop in Iowa back in 2007, he stated his support for using taxes to reign-in companies that send jobs overseas as well as enlisting education and infrastructure im... [Read Full Article]