Larry Summers sings the joys of outsourcing, and yet President Obama pretends to sing a different tune:
Summers’ appearance at the World BPO/ITO Forum also seems to contradict the Obama administration’s claims that it is battling outsourcing. At a recent “insourcing” event held at the White House, President Obama said that he wanted the United States “to be known for making and selling products all over the world stamped with three proud words: ’Made in America.’”
In recent weeks, there have been rumors that Summers will be nominated to head the World Bank — despite having signed off on a memorandum during his first tenure there that praised the advantages of dumping pollution in developing nations — by President Obama. One has to wonder if the administration is at all troubled by Summers’ continued advocacy on behalf of big corporations as it mulls once again installing him in a position of great influence.