Offshore outsourcing originated from Adam Smith's ideas and is becoming a popular tactic for US companies. While it offers advantages like lower costs, job losses are a concern. The document argues that outsourcing benefits the economy in the long run by creating higher quality jobs and a more competitive business environment. It allows companies to focus on core functions and governments to focus on important matters. While some jobs are lost, studies found that new jobs were created, and better jobs increased. Outsourcing therefore proves beneficial for households, businesses and governments.