In demonizing Bain for outsourcing, President Obama is implicitly criticizing the act of outsourcing itself without the facts to back himself up. Of the 598 American companies on Forbes world’s largest firms list, only 15 percent publically report their foreign employment numbers. While President Obama’s blind attacks on this legal right are clearly groundless, the … Continue reading
Tag Archives: outsourcing
Economy / Fiscal policy / Foreign Policy / Gov. Officials / Politics / Presidency / U.S. Domestic Policy
Overseas Employment: Increasing Jobs at Home by Investing Abroad
Obama’s fundamentally flawed attacks on Bain Capital’s outsourcing history seem both hypocritical and highly ignorant of the global economy considering that major companies present in his own jobs council have been “pioneering” outsourcing themselves. GE, American Express, Intel, and UBS are all present on the President’s Council of Jobs and Competitiveness and all have increased … Continue reading
Policy Interns 