>the fact huge layoffs and outsourcing are followed by small gains in jobs
There weren't "huge layoffs" in this recession. Job loss was smaller than the average post-WWII downturn - appx 1.6% vs. an average of 2.2%. What was unusual was the slowness to recover. And outsourcing, as I'm now saying for the 101st time, was only a small culprit; the CWA/WashTech count <http://www.techsunite.org/offshore/> is 228,679 over four years - or the equivalent of one month's normal job growth over the last 50 years.
Doug