Vice President Joe Biden in his speech at Grand Rapids, Michigan told the audience about 'in-sourcing'.
The Vice President insisted that when the Administration took office, we were in the middle of a recession, the economic free fall. We came back again. We ended the war in Iraq, and the American manufacturing is back. The American reputation is back among those nations on earth. He said,
Your generation hears the word out-sourcing. But the next generation will hear the word 'in-sourcing' as often as your generation hears 'out-sourcing'.
The Vice President Biden said, the Chinese labor cost goes 20% up annually, and the shipping cost is going up. The companies are bringing back jobs back home.
The Vice President insisted that when the Administration took office, we were in the middle of a recession, the economic free fall. We came back again. We ended the war in Iraq, and the American manufacturing is back. The American reputation is back among those nations on earth. He said,
Your generation hears the word out-sourcing. But the next generation will hear the word 'in-sourcing' as often as your generation hears 'out-sourcing'.
The Vice President Biden said, the Chinese labor cost goes 20% up annually, and the shipping cost is going up. The companies are bringing back jobs back home.