Romney Finally Punches Back on Outsourcing
From Jennifer Rubin's post in The Washington Post's Right Turn:
Hans Bader of the Competitive Enterprise Institute wrote about the Obama administration’s job outsourcing in January. He explained then:
Ironically, in his State of the Union Address . . . President Obama railed against “outsourcing.” That was funny, because he has spent billions of tax dollars on subsidizing the outsourcing of American jobs to foreign countries.
“79 percent” of all green-jobs funding in Obama’s $800 billion stimulus package went to foreign companies, with the largest payment going to a bankrupt Australian company. For example, the Obama Administration spent $1.6 billion on Chinese and other foreign wind power. The practical effect of those subsidies was to outsource American jobs. ABC News reported on the subsidies for Chinese wind turbines contained in the stimulus package. . . .
In addition to subsidizing foreign “green” jobs, Obama’s stimulus package also contained poorly-designed provisions that ignited trade wars, wiping out jobs in America’s export sector and aggravating the U.S. trade deficit. The Dodd-Frank financial law passed in 2010 is also expected to shift thousands of jobs from America to foreign countries.
Bader e-mailed Right Turn that the GOP let the outsourcer label “be appropriated by the Democrats to use against Romney, confirming the observation of former Sen. Alan Simpson (R-Wyo.) that Republicans are the stupid party.”