As the Obama campaign targets Mitt Romney’s record at Bain Capital, political ads and the commentators who follow them have zeroed in once again on the issue of outsourcing. Senate Democrats rallied to the cause proposing the “Bring Jobs Home Act” on July 9, only to see it die by filibuster last week. This bill had many flaws, but its biggest mistake was opposing the global growth of American companies. Both economic sense and basic decency suggest that our policies should encourage more employment in the United States.
Yet we should never discourage our companies from bringing jobs and knowledge to the world’s poorer places. The Bring Jobs Home Act would have had just that effect.