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Etymology of "Virtual Immigration" - By Rob Sanchez

The Dallas Federal Reserve and the Wall Street Journal created quite an internet buzz when they used the term "virtual immigration" to describe the offshoring of jobs. The following excerpts were copied from the published article on the Dallas Federal Reserve Bank website. The first two quotes merely define what "virtual immigration" and seem innocent enough, but the next two are very elitist in tone as immigration and offshore outsourcing are reduced to commoditized financial transactions. Download entire article in PDF format.

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