Corporations pushing for job-creation tax breaks shield U.S.-vs.-abroad hiring data

[appleannie1]

So secretive are these companies that they hand the figure over to government statisticians on the condition that officials will release only an aggregate number. The latest data show that multinationals cut 2.9 million jobs in the United States and added 2.4 million overseas between 2000 and 2009.


Some of the same companies that do not report their jobs breakdown, including Apple and Pfizer, are pushing lawmakers to cut their tax bills in the name of job creation in the United States.

Corporations pushing for job-creation tax breaks shield U.S.-vs.-abroad hiring data - The Washington Post

 

[rdean]

Corporations shield data.

Republicans shield corporations.

Circular logic.

 

[Londoner]

During the Cold War, Reagan claimed moral superiority over the Soviet Union and 3rd world because American workers made good money and had generous health & retirement benefits. (Meanwhile, workers in other parts of the world made only pennies and lived in slums)

American labor was different because the explosive profits on top were broadly shared with society. Indeed, those profits were used to construct a This created a powerful generation of middle class consumers that didn't exist in the world. Why? 3rd world workers didn't make enough to consume.

But then Reagan did something shady. He quietly dismantled the labor conditions in America that made us better than the 3rd world. He did this because his corporate backers were sick of paying high labor costs - they wanted more profits for the wealthy shareholders. So over the cost of 30 years the Reagan Revolution disciplined American labor by breaking unions, cutting wages/benefits, and shipping jobs to sweatshops (the very sweatshops Reagan claimed superiority over).

Now, capital ships jobs to wherever there is an impoverished, politically powerless workforce willing to work for less. Before long, America will have a middle class so downtrodden that they will work for pennies a day and live in slums.

Reagan's dream will be realized. Capital will have cheap labor in America.

You might ask: but if we pay workers pennies a day - and if we strip their health care and entitlements -- how can they afford to consume? How can they afford to buy things so that all our shopping malls don't have to keep laying people off? How can we get all the jobs back if there are no consumers with money?

(Whoops)

(Welcome to the crisis of Reaganomics. By driving down labor costs, you "fired" your consumers)

 

[dilloduck]

Business needed no help from anyone to ship jobs out of the country. Globalization is a bitch for America. Global financial moguls call the shots and have the media spread the word. I'm glad to have lived in America's finest years.