Wednesday, June 27, 2012

Obama, not Romney, is the Outsourcer-in-Chief

Despite the fact that Obama's own policies have wiped out countless jobs and resulted in other jobs moving to foreign countries, the Obama campaign today accused Mitt Romney of being the "Outsourcer-in-Chief." That was deeply ironic, because the Obama Administration has spent billions of tax dollars subsidizing the outsourcing of American jobs to foreign countries. Obama, not Romney, is the Outsourcer-in-Chief.
79 percent” of all green-jobs spending in Obama’s $800 billion stimulus package went to foreign companies, with the largest payment going to a bankrupt Australian company. For example, the Obama Administration spent $1.6 billion on Chinese and other foreign wind power. The practical effect of those subsidies was to outsource American jobs. ABC News reported on the subsidies for Chinese wind turbines contained in the stimulus package:

Read more: http://www.examiner.com/article/obama-not-romney-is-the-outsourcer-chief

No comments: