The Economy Policy Institute reported that U.S. companies created 1.4 million jobs this year. There is just one small problem. They were all created overseas. If these jobs had been American jobs they would have lowered the unemployment number to 8.9%.
So why are American businesses doing their hiring overseas? They say it is because of over-regulation and excessive corporate taxes. Of course they fail to mention CAFTA, NAFTA, and GATT, which are American made laws that give incentives to hire workers in other countries.
Continue reading “99er Unemployed, 1.4 Million Jobs Outsourced”