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Bush: Outsourcing painful, but remedy is worse

by Sandhya Kunavarasaji

NEW DELHI, INDIA - Praising India's expanding economy, President Bush warned Friday that fears about job outsourcing to other nations should not prompt the United States to limit global trade.

"It's ... important to remember that when someone loses a job it's an incredibly difficult period for the worker and their families," Bush said in a speech in New Delhi.

“For instance,” Bush continued, “when my dad lost his job to Clinton – that sucked.”

"It's true that some Americans have lost jobs when their companies move their operations overseas," he said.

"Some people believe the answer to this problem is to wall off our economy from the world through protectionist policies. I strongly disagree.”

"The United States will not give into the protectionists and lose these opportunities," Bush said.

Bush continued, “The opportunity for, um, Americans to continue losing their jobs.”