Quote:
Originally Posted by coralway
I have never, on any blog, board, or website read such a preposterious posting as this.
Obama is coming to Romney on China? Are you serious? Where do you get your information? Romney is listening to the neo-cons, the hard liners. Or, as they are rferred to, the Cheney-ites.
The tax code? Pols, from both Party's have been talking about revising the tax code for at least 2 decades.
Cheney Adviser Guided Romney 'Hard Line' China Position | ThinkProgress |
" From 2008 to 2010, U.S. trade with China alone cost about 450,000 American jobs because of the growth of Chinese exports, said Robert E. Scott, a pro-labor advocate at the liberal Economic Policy Institute. That figure was less than in previous years, but the decrease was probably tied to the U.S. economic slowdown, which crimped demand for imports.
“I think he has walked away from the campaign commitments,” said Scott, the institute’s director of trade and manufacturing policy research. “He has done far too little to improve U.S. trade.”
Of course, that’s one take. There are more objective numbers:
According to a study by the U.S. Bureau of Economic Analysis, large American companies in 2010 barely added any workers in the United States, increasing their numbers by 0.1 percent, while they expanded their foreign workforce by 1.5 percent. That was business as usual — between 2004 and 2010, the bureau reported, foreign affiliates hired 2 million workers while 600,000 were added by the companies at home.
Outsourcing Games - By Patrick Brennan - The Corner - National Review Online
This is what Romney was upset about when Obama had an opportunity to call out China but did not.....and now he plays politics with it.....
"The Obama administration ramped up its hard line on trade with China today, filing an complaint with the World Trade Organization to challenge new Chinese tariffs on American-made cars and SUVs.
The announcement conveniently coincides with President Obama's two-day swing through auto-manufacturing towns in northern Ohio and western Pennsylvania, a region where Chinese trade issues are high on a list of voter priorities"
Read more: Obama Files Complaint Against China Over Auto Tariffs - Business Insider
Does this little political game sound famaliar, like the illegals immigrant thing...the marriage act, etc.
And got to tell you....President Obama early on, and I supported him on it, appointed a blue ribbon committe to give recommendations to him and congress on tax , and guess what happened with this two or more year old study....made headlines and then the committe was told, thanks but no thanks. There was also total control over congress for two years and NOT EVEN AN ATTEMPT at tax revision.