Thanks to Anna at:
The Mills River ProgressiveActions Speak for Themselves
Yesterday, there was a vote on S. 3816, the Creating American Jobs and Ending Offshoring Act, introduced by Dick Durbin, D-IL. The bill provided for a 2-year moratorium on the offshoring of jobs by American corporations, and offered generous tax incentives to companies bringing back or creating jobs domestically.Not one GOP Senator voted for it. Not ONE.
That's because the repugs are all in favor of offshoring. It's all about corporations cutting costs for more obscene profits, and the ability to pollute and poison with impunity. They don't give a rat's ass about Americans. After all, there are plenty of consumers overseas, not to mention cheap labor!
The goppers still cling tenaciously to their raggedy, tired theory of trickle-down handouts. Apparently they decided it was the most plausible-sounding cover for their perpetual Enrich-the-Rich schemes. So they continue to claim, louder than ever, that if we just shower the investor class with tax breaks and entitlements large and small, somehow the largesse will trickle down to the masses, and corporations will then magically begin to "create American jobs".
Ooops! Once again, reality rears its head! That's been GOP SOP since Ronnie Reagan darkened the White House doors, and it hasn't worked once. Not one time. Not ever. Zippo. Nada.
What should be patently obvious to anyone smarter than a toddler is that the overprivileged recipients of the public largesse ransacked the place, grabbed everything that wasn't nailed down, and sprinted to the third world - where the profits are easy and opportunities for multi-level exploitation are practically limitless.
Here's what years of Republican plans, pledges, schemes, and contracts have done for America. Read it and weep, then go educate the next 5 wingnuts you see.
From the Coto Report:
19 Facts About the Deindustrialization of America...
#1 The United States has lost approximately 42,400 factories since 2001. About 75 percent of those factories employed over 500 people when they were still in operation.
#2 Dell Inc., one of America’s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.
#3 Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina in November. Approximately 900 jobs will be lost.
#4 In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero.
#5 According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.
#6 As of the end of July, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.
#7 The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.
#8 According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.
Read the rest here.
Very well said but you do not hear the repbtards & the teabaggers bitching about that do you, All they do is call obama a marxist, commie, ect but they are very satisfied that thier bushy boy sent all of our usa jobs over to the commies they hate so much as that did start with thier other hero god RONNIE RAYGUN the union buster in arms back in the 80,s and now these repubtards & teabaggers call the peeps who lost thier jobs lazy people who just want to collect a unemployment check and live off the goverment, A lot of those teabag nuts even blame the great depression on FDR,They are so stupid to know that it was hoover a rep who got us in that mess & that FDR is the one who got things back on the right track, Sorry to say,This is what happens when you listen to FOX & thier group of thugs to often as they can get stupid peeps to believe true LIES, Power of the press just like the VND rag,I hope you repubtards & teabaggers don,t get to hyped up about nov like you are doing right now cuz even 1 week in polotics is a long time and its not over until the fat lady sings the swan song Ie a lot of teams lose in the 4th quarter repubtards. And was it not you repbutards who said a black man will never get elected POTUS in 2008? Hope you enjoyed eating all that CROW beck & limbaugh dittoheads.