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"American" companies created more jobs overseas than here in America...

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 04:49 PM
Original message
"American" companies created more jobs overseas than here in America...
Edited on Thu Jul-07-11 04:50 PM by kentuck
last year. I think the figure was something like 2.4 million jobs created overseas?

So here we are.

The American worker is suffering in a very bad jobs market. Yet, there they are. Sitting on almost $2 trillion dollars in cash and not creating any jobs here for our people.

Then, the Republicans say we need more taxcuts for these same people that are sitting on $2 trillion dollars and moved millions of jobs overseas. Obvious even to a blind man, the Bush taxcuts did not work. But, the Republicans refuse to let the facts stand in their way.

Since record profits and trillions hid in their mattresses have not given them an incentive to hire more people, the Republicans say, "Let's give them more!"

I say "Fucking No!!!"
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Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 04:53 PM
Response to Original message
1. Why do we pretend that
these multi-national companies are American companies? They utilize employees, markets, resources and locations around the world. That makes 'em multi-national. Not American.

And our dumbshit politicians are too stupid to realize that.

Or too bought and paid for corrupt.
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badtoworse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 05:13 PM
Response to Original message
2. What do you think it would take for them to invest here...
Instead of overseas? Obviously the investment capital exists, but companies are finding better investment opportunities elsewhere. How do we fix that?
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 05:19 PM
Response to Reply #2
3. When Americans make the same wages as Chinese and Indonesians?
The low cost of labor is the "investment opportunity" they are looking for.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-07-11 05:43 PM
Response to Original message
4. You would think the US Tax Code encourages outsourcing
:sarcasm:
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