Millionaire Larry Summers ($20 million) forgets to mention that it’s people like him who are more prosperous with outsourcing — and people like us who aren’t:
Headlining the keynote speakers at the forum was renowned economist Dr. Lawrence Summers, former director of the White House National Economic Council under Barack Obama. Summers, who served as president of Harvard University from 2001-2006, said in his speech that global sourcing is a key to economic success.
“There are those today who would resist the process of international integration; that is a prescription for a more contentious and less prosperous world,” stated Summers. “We should not oppose offshoring or outsourcing.”
