http://story.news.yahoo.com/news?tmp...d=694&ncid=716

White House officials already were reeling from the assertion of N. Gregory Mankiw, chairman of the president's Council of Economic Advisers, that "outsourcing" American jobs overseas was good for the U.S. economy in the long run. Mankiw later apologized and said he had been misunderstood.
Holy Shiza, this guy is huge! He wrote my second year econ textbook. He knows his shit.

No matter that many mainstream economists agree with Mankiw
No doubt they do.