Romney the Outsource King
Mitt Romney’s company, Bain Capital, from which he made his fortune, boasts on their website about their Outsourcing Acumen.
It takes about 10 Indian Employees to make up 1 American Employee in pay. Why would they hire American for ten times as much?
Mitt Romney Chief Adviser: Romney Is Like ‘Etch A Sketch’
Republicans are the Kings of Outsourcing
In October 2004, George W Bush signed several tax breaks and other measures which rewarded companies for sending jobs overseas. This practice had begun in earnest around 2000, but the lid blew off the top after Bush signed this legislation.
In 2010, Democrats introduced a bill that would prohibit firms from taking deductions for business expenses associated with expanding operations in other countries. Republicans blocked it and derided it as “election year politics”. Republicans won the election, while American jobs continued to be lost. Where are the Jobs Jobs Jobs Republicans ran on in 2010? In a uterus somewhere they haven’t found yet?
As if that wasn’t a slap in the face to Americans who needed good paying jobs, the Republicans DID IT AGAIN when they obstructed Democrat’s attempts to make it more difficult for companies to outsource and put Americans out of work and in the bread line so that these companies will be rewarded for hiring slave wage labor in other countries for pennies on the dollar with no labor laws or regulations. Republicans have NO room to talk about anything related to the Economy At All unless they are prepared to Apologize for Destroying it.
Sensing Romney was on the shortlist for Vice President picks in 2008, Michigan Democrats released the following ad: