Tag Archive: Outsourcing


Outsourcing In America

 

 

 

 

 

” The work that the 400 SCE IT employees do isn’t disappearing, instead it and their jobs are being taken over by foreign guestworkers here on H-1B visas. Those guestworkers are employed by the two leading India-based outsourcing firms, Tata Consultancy Services and Infosys.

  The SCE workers are wondering: “Why should I lose my job when the work still needs to be done? Why is the government doing this to me and my family?”

  Adding to the injustice of losing their jobs, the SCE workers are being forced to do something that is so common in the industry it is a term of art: “knowledge transfer,” an ugly euphemism that means being forced to train your own foreign replacement. The SCE workers are, “demoralized; in disbelief; beyond furious; down in the dumps; feeling anguish; depressed; feeling dehumanized; feeling humiliated; worrying about the future; worrying about paying the bills.”

  The SCE workers rightly place the culpability squarely on SCE executives, the president, and Congress. One worker simply said, “Shame on Edison for doing this and shame on our politicians for enabling it.”

  H-1B visas are temporary work permits issued by the U.S. government that are good for up to six years. The intent is for these visas to be used only when an American worker cannot be found. In fact, the U.S. Department of Labor states, “The Immigration and Nationality Act (INA) requires that the hiring of a foreign worker will not adversely affect the wages and working conditions of U.S. workers comparably employed.”

  In practice, the H-1B visa has been used for years to undercut American workers with lower-wage, and often lesser-skilled, workers brought in from overseas. How does this happen? Congress sets the wage floors for H-1Bs, and it has set it far below market wages.”

 

The Hill has more

 

 

 

 

 

 

 

 

 

 

 

GM Got Bailout , Now Ships Jobs To China

 

 

 

” Saving General Motors from bankruptcy was among President Obama’s most frequently cited achievements when he ran for re-election last year. Democrats everywhere touted the company’s revival as proof of the 2009 bailout’s wisdom. That was then. Now, Obama has quietly released the auto manufacturer from a bailout requirement that it increase its production in the U.S. Instead, GM is spending billions of dollars building up its production capacity in … China.

This is happening despite the fact that the Treasury Department has to date recovered just $36 billion of its original $51 billion loan to GM. By most analysts’ predictions, American taxpayers will be out approximately $10 billion when the remaining stock is sold off. Which is a long way of saying that it now appears that taxpayers paid $10 billion to make it easier for GM to accelerate its foreign outsourcing and send more manufacturing jobs to China.

Here’s what happened: In exchange for the bailout in 2009, GM promised to meet certain domestic car production targets over the next four years. The obvious point of this stipulation was to ensure that GM jobs remained here at home and weren’t shipped overseas. The production targets started at 1.8 million in 2010 and were supposed to rise to 2.26 million by 2014. GM repeatedly missed the targets, beginning with an 81,000-unit shortfall the first year. Production increased thereafter, but never quite enough to meet the targets. Last year, GM fell about 13,000 cars short of its 2 million target.”

 

Source

   Face it , everyone but Obama’s union cronies got the shaft on his “signature economic success story” and now their time is about to come . Just like with Obamacare , he uses the unions as his foot-soldiers to force his way of things , but at the end of the day the unions end up footing the bill along with the rest of us .

 

 

 

 

 

 

 

 

US Corporate Income Tax Now the Highest Among Advanced Economies

 

 

” This week’s charts use data from the OECD and the Tax Foundation to show that the United States continues to lag far behind other developed countries in corporate income tax reform.

As the most recent data show, the United States has inherited from Japan the dubious distinction of imposing the highest corporate income tax rate (39.1 percent) in 2013. This year also marks the 15th consecutive year in which the U.S. corporate tax rate has exceeded the average OECD rate.”

 

 

” High corporate tax rates are a drag on the US economy and encourage companies to shift investments and jobs abroad to lower-tax jurisdictions. The combination of high-rates and a worldwide tax system makes the US corporate tax system even more punishing than it seems.”

 

 

 

 

 

It’s not really outsourcing when you despise America to begin with , is it ?

  It becomes increasingly apparent that Obama’s absolute secrecy regarding his educational records is necessary to cover up the fact that he got foreign exchange student funding .

” The left continues to pile on Mitt Romney for allegedly outsourcing jobs while at Bain Capital.

Yet the mainstream media seem curiously uninterested in reporting on “outsourcing” by the Obama Administration, which has (1) outsourced stimulus monies to create jobs in foreign nations, (2) outsourced U.S. foreign policy to U.N. and (3) outsourced our kids and grandkids financial future to pay for his unprecedented spending binge. “