asterism
Congress != Progress
Nice spin.
Simply, there is a tax break for moving your business. In country or out of the country. And Romney lied about that. For he has used that tax break frequently.
So, do we want a President that trys to eliminate a tax break for moving factories and jobs out of the nation, or do we want a President that has a record of using this tax break to move factories and jobs to China, then lies about it?
Seems to be a clear choice to me.
an honest way to present your question...
Do we want a president who does not understand how operating costs are a write off..
or do we want a president who knows how to apply operating costs as a write off.
FYI...your whole post is a pile of shit.
LOL. Call it operating cost, or anything you like. We, the taxpayer, are rewarding the people that ship our jobs overseas. And you are supporting that. As a middle class working American, I deeply resent your attitude toward me and my fellow working Americans.
We have a clear choice this election. Vote for somebody that will try to keep the jobs here, and make this country stronger and more wealthy, or vote for someone that only cares about making 1% of the nation more wealthy. Simple as that.
You actually think the current President will try to keep the jobs here and can make this country stronger and more wealthy? His record is exactly opposite that.
From 2008 to 2010, U.S. trade with China alone cost about 450,000 American jobs because of the growth of Chinese exports, said Robert E. Scott, a pro-labor advocate at the liberal Economic Policy Institute.
According to a study by the U.S. Bureau of Economic Analysis, large American companies in 2010 barely added any workers in the United States, increasing their numbers by 0.1 percent, while they expanded their foreign workforce by 1.5 percent. That was business as usual between 2004 and 2010, the bureau reported, foreign affiliates hired 2 million workers while 600,000 were added by the companies at home.
Obama’s record on outsourcing draws criticism from the left - The Washington Post
Chris Townsend, political director of the United Electrical Workers labor union that represents roughly 5,500 GE employees in the U.S., said the company has closed more than 30 U.S. plants since Obama took office. GE would not confirm the number.
GE "is a company that, despite the constant claims of growth, continues to shrink in the United States, Townsend said. These are a mixture of things from garden-variety, old-line manufacturing plants to electrical apparatus service facilities, sometimes something to do with servicing. Several of them were GE Capital.
In the last few months, Boeing has ramped up business in China. In September 2011, the company signed a 10-year contract with the state-owned Shanghai Aircraft Manufacturing Co. to build horizontal stabilizers for the 737 jet. The contract is the companys largest with a Chinese supplier. And in March, Boeing announced partnership with the Commercial Aircraft Corp. of China on energy research.
Several other corporations represented on the jobs council also rely on outsourcing.
Xerox, for example, has a business model that depends on providing its outsourcing services to other companies worldwide. In its most recent annual report, Xerox said it is the largest worldwide diversified business process outsourcing company in the large and growing BPO market.
American Express, one of the pioneers of outsourcing call centers to India in the 1980s, still depends on outsourcing functions [and] relocating certain functions to lower-cost overseas locations, according to its most recent SEC filings.
Obama Jobs Council Packed With Outsourcing Companies