Sat Sep 22, 2012, 12:54 PM
Teamster Jeff (1,101 posts)
Bad Trade deals and Outsourcing will continue no matter who wins in November
Last edited Sat Sep 22, 2012, 01:01 PM - Edit history (1)
- More Bad Trade Deals
Both parties want to pass the TPP and are all in for more bad trade deals. This is in spite of the overwhelming evidence these treaties have cost America millions of jobs and stunted economic growth.
From the Democratic platform:
We remain committed to finding more markets for American-made goods—including using the Trans-Pacific Partnership between the United States and eight countries in the Asia-Pacific.
From the Republican Platform:
A Republican President will complete negotiations for a Trans-Pacific Partnership to open rapidly developing Asian markets to U.S. products.
- Offshore Outsourcing
The GOP don't even mention offshore outsourcing, but that said, they amplify the relationship with India, the top offshore outsourcing destination for American services jobs. The India BPO industry is over 6.4% of their GDP at this point. From the Republican platform:
We welcome a stronger relationship with the world’s largest democracy, India, both economic and cultural, as well as in terms of national security. We hereby affirm and declare that India is our geopolitical and a strategic trading partner.
The GOP don't even wish to acknowledge our national borders so corporations don't have to pay taxes:
To switch to a territorial system of corporate taxation, so that profits earned and taxed abroad may be repatriated for job-creating investment here at home without additional penalty.
The Democratic platform isn't much better and clearly implies we're on our own in terms of giving away our jobs to other countries, the same as the GOP.
We must out-educate, out-innovate, and out-build the world.
We Democrats support lowering the corporate tax rate while closing unnecessary loopholes, and lowering rates even further for manufacturers who create good jobs at home.
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Replies to this discussion thread
Bad Trade deals and Outsourcing will continue no matter who wins in November (Original post)
|Teamster Jeff||Sep 2012||OP|
|hay rick||Sep 2012||#4|
Response to Teamster Jeff (Original post)
Sat Sep 22, 2012, 02:16 PM
FreakinDJ (13,976 posts)
3. Untill Americans figure out that is why the economy tanked
it doesn't take too many brain cells the fiqure this 1 out either except the "God Forbid they report the Truth" media in the country won't lead the sheepeople to water on this issue
"If you don't close the Loop Holes - you will NOT have a productive economy for 99% of Americans" -