Treasurer Snow on offshore outsourcing

On a visit to Ohio, Treasury Secretary John Snow says outsourcing jobs can help the economy. A couple of nuggets from his comments: “It’s one aspect of trade, and there can’t be any doubt about the fact that trade makes the economy stronger.” “I was struck by the fact coming in this morning, the number of foreign companies that have operations right here, proudly displaying their logos. America can compete with anybody. What we need to do is not build walls but tear walls down.”