Economic Policy

Is Offshoring really bad for America?I dont think so. Remember the ferver in 70s about manufacturing, however later on it worked out to America growing in faster growth industries while rest of the world conitnued economic growth thru taking low end jobs.Off shoring to India in service industry is a similar repeat of macroeconomic shifts. Overtime it will create opportunities for Americans to focus on higher growth areas like Genetic Engineering, Biotechnology, creative industry etc. This may be an end of knowledge worker era in America and beginning of Creative Worker (tm) era.If recent offshoring growth is really ushering the Creative Worker (tm) era in America, then it will bring to American life tremendous wealth of improved quality of life.