So is anything new happening on the job scene? Yes. Back when Barry Soetoro was running for President he made the following statement on November 3, 2007: “When I am president, I will end the tax giveaways to companies that ship our jobs overseas, and I will put the money in the pockets of working Americans, and seniors, and homeowners who deserve a break.” The Prince of Lies, not only have the giveaways not stopped, but the rate our jobs are being shipped out has increased.
Barry recently named CEO of General Electric, Jeff Immelt, to head his Council on Jobs and Investment. Good call, Barry. GE reported that their corporate earnings were up 77% in 2010. GE paid zero federal taxes in 2009 and 2010. GE received a tax benefit of $2.3 billion in 2010.
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