James Davis: “Forrester Research, Inc., has predicted that American employers will move over 3.3 million white collar service jobs…”

“Forrester Research, Inc., has predicted that American employers will move over 3.3 million white collar service jobs amounting to about $136 billion in wages overseas over the next 15 years. There are clearly sectors of our economy that are among the most vulnerable. About 14 million jobs, or 11 percent of the U.S. total that have been identified at risk, are jobs that involve telephone call centers, computer operator, data entry operators, business and financial support, parallel and legal assistants, diagnostic support services, and finally, accounting, bookkeeping and payroll. This is a phenomenon which we are experiencing right now throughout the country, Democrats, Republicans, Independents. There is no nobody who will escape this. The question is, how will we deal with it? We have to be honest. We cannot bring a lot of these jobs back. We can offer the Trade Adjustment Act, which the gentleman from Washington (Mr. Smith) has introduced with a growing number of Members of Congress, Democrats and hopefully Republicans, that will provide support for people who are displaced by trade or outsourcing.”