From the VOMITORIUM
BTW….every one have a Good Friday and a pleasant Easter…..
We hear everyday about the debt and the deficit and the plans…cut taxes….raise taxes…..kill Social Security…..Kill Medicare…..but the biggest lie of all is the no taxes on the rich because they will create jobs if they pay less taxes….to me that is a lie…..why?……..they have been paying less taxes for years and how many jobs are they creating….especially NOW?
But put all that aside for now…..put your conserv ideas and your lib inclinations and try to wrap your head around these figures……
The US Commerce Department released a report today throwing into sharp relief just how drastically US multinational corporations are shifting jobs overseas. During the 2000s, US companies cut 2.9 million jobs in the US, while hiring 2.4 million abroad—including an increasing number of highly-skilled workers, the Wall Street Journal reports. That’s a big reversal from the 1990s, when they hired 4.4 million at home and 2.7 million abroad. These big companies employ roughly a fifth of all US workers. “It’s definitely something to worry about,” says one former George W. Bush adviser. Companies generally defend the trend by saying that productivity has increased in their US factories, and that they are chasing sales abroad. “We’ve globalized around markets, not cheap labor,” says GE CEO Jeff Immelt. “Today we go to Brazil, we go to China, we go to India, because that’s where the customers are.”
Does that piss you off just a bit? Corporations that have taken billions in taxpayer money and they repay our generosity like that…..it s a bitch, huh?
Now people….what are you willing to do to change all this misuse of your trust?