sealybobo wrote:
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What I'm saying is that the GOP gave tax breaks to companies to get them to hire. Instead of hiring, they either let people go and sometimes moved their operations overseas. Then they got tax breaks FOR moving overseas. Yes it is true. The GOP House Ways & Means committee pre 2006 gave tax breaks to companies that were going overseas. Screw that.
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On the date 27 September 1992, 60 Minutes' Ed Bradley reported on the United States Agency for International Development (USAID), a taxpayer funded agency that promoted the movement of manufacturing in this country to foreign lands -- El Salvador, Honduras, Guatemala, China, and etc. This agency actively advertised to the American companies that they could get low interest loans to close down their American manufacturing interests and establish manufacturing overseas, and at labor costs of 57 cents per hour rather than the high wages in the US.