Powell admits Bush supports outsourcing (will continue cuurent incentives)

http://daily.misleader.org/ctt.asp?u=1338421&l=22816


POWELL ADMITS BUSH SUPPORTS OUTSOURCING

Last month President Bush strongly endorsed (1) the loss of U.S. jobs to foreign labor markets, personally signing a report (2) that touted overseas outsourcing despite more than 8 million (3) Americans being out of work. After the public reacted with outrage, the White House tried to back off (4) its endorsement of outsourcing, with the president reassuring America that he is concerned about "people looking for work because jobs have gone overseas" (5) and saying that "we need to act to make sure there are more jobs at home." However, as the controversy subsides, the president is apparently endorsing outsourcing once again.

Specifically, the president has deployed Secretary of State Colin Powell (6) to India "to assure Indians that the Bush administration would not try to halt the outsourcing of high-technology jobs to their country." The admission came despite a new study showing that up to 14 million American jobs (7) could be lost to outsourcing in the coming years. Instead of endorsing congressional action (8) to prevent such a tide of lost jobs,"the White House endorsed Mr. Powell's comments" that outsourcing is just "a natural effect" that cannot be stemmed.

The president's support for outsourcing is less puzzling when considering who is funding his campaign. As an earlier Daily Mislead (9) report showed, the president's campaign pocketed more than $440,000 and his party more than $3.6 million from the companies that are most exploiting outsourcing to ship U.S. jobs overseas.

Sources:

1. "Bush Econ Advisor: Outsourcing OK," CBSNews.com, 2/13/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22817.
2. "Exporting American Jobs: Bush Adviser's Comments Ignite Firestorm, Bring Attention to Trend," ABCNews.com, 2/13/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22818.
3. "Employment Situation Summary," Bureau of Labor Statistics, 3/5/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22819.
4. "Bush adviser backs off pro-outsourcing comment," <em>CNN</em>, 2/13/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22820
5. "Presidential Speech," WhiteHouse.gov, 2/12/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22821
6. Powell Reassures India on Technology Jobs," <em>New York Times</em>, 3/17/04,http://daily.misleader.org/ctt.asp?u=1338421&l=22822
7. "Outsourcing Hits Close to Home for Workers in Northwest Ohio," <em>Miami Herald</em>, 3/14/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22823.
8. "Senate votes to stop outsourcing," BBC News, 3/5/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22824.
9. "NEW REPORT: Why Bush Supports Outsourcing," <em>Daily Mislead</em>, 3/10/04, http://daily.misleader.org/ctt.asp?u=1338421&l=22825.

We will make our citizens pay too much money for taxes or they will go to jail. Then we will take their money and give multiconglomerates a lot of money to take away the jobs of American citizens to another country. And we will still make the job-challenged masses pay the same amount of taxes next year.

The upside? We will not raise income taxes next year.

Powell is reassuring the Indians regarding job security when this administration doesn't give a rodent's rectum about Americans losing jobs.

Let's install Bush as Prime Minister of India!!!

Glad'ya found us! :hi:

I am SO mad I could spit fire! The arrogance of this administration. These bastards must GO!

We've got to keep hammering this. Pocketbook issues are the key to November, IMO.