Bond, Secret Agent for Outsourcing [1]
Submitted by Diane Farsetta [2] on
The U.S. Commerce Department's under secretary of technology, Phil Bond, said "excit[ing] kids" about science and math "as early as elementary school" is a good way to counter the movement of high-tech U.S. jobs overseas. Bond opposed legislation prohibiting outsourcing [3] (being considered in 37 states), saying [4], "If we embrace isolation and reject working with the rest of the world, it will be to our detriment." Bond spoke at a forum titled "Offshore Outsourcing - Opportunities, Risks and Rewards [5]," organized by the pro-outsourcing industry group Information Technology Association of America [6]. At the same event, Banc of America Capital Management's chief marketing strategist claimed, "The great misconception is that U.S. companies go abroad for cheap labor."