26.2.04

TODAY'S OFFSHORING ROUNDUP. The Superintendent maintains that offshoring is often the efficient response to an individual who seeks a Wilmette-level income with less than Waukegan-level skills. Alan Greenspan (via Joanne Jacobs) agrees. Ken at Chicago Boyz takes a look on the bright side. Stated simply, there is room for more people to move to Wilmette and become relatively more prosperous. Econ Log follows a similar tack, challenging people to consider the possibility that Wilmette residents who fear the Waukeganization of their economy end up poorer as a consequence, a point Truck and Barter echoes. Tyler at Marginal Revolution looks at the mindset of the Wilmette residents, suggests that they're not thinking clearly.

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