I can't help thinking that you're just assuming this is a good bill by the mere title of it. Democrat's have a way of naming a disaster of a program with a sweet sounding name.

I've not seen any real meat of this bill. The far left, which includes the AFL-CIO and the Teamsters are hell bent for this bill. I'm a former union man, but that gives even me pause. I want to know what's the real deal here.

"Senate Democrats pushed another largely symbolic vote on Thursday, the latest election season attempt to gin up Senate votes that align with President Barack Obama’s reelection themes.

The real result of Thursday’s failed vote on an outsourcing bill called the Bring Jobs Home Act is that it gives an outlet for Democrats to continue to talk about whether Mitt Romney and Bain Capital outsourced American jobs overseas.

“We can find out whether or not the Republican senators support the Bain Capital investment strategy of exporting jobs overseas,” said Sen. Dick Durbin (D-Ill.) before the vote. “That’ll be a matter of record this afternoon.”

The Democratic-controlled Senate has also tried to push other Obama ideas: the Buffett Rule, pay-equity bills and a student loan interest rate freeze. In all those instances, Obama used his presidential megaphone to rally public support.

The most recent instance of this coordination involved the Bring Jobs Home Act, which would allow certain businesses a 20 percent tax credit for costs related to bringing outsourced jobs back to the United States. The bill, sponsored by Sen. Debbie Stabenow (D-Mich.), would also end a tax deduction for companies that outsource jobs.

Utah Sen. Orrin Hatch, the top Republican on the tax-writing Finance Committee, said the bill had an “utter lack of seriousness” and noted that current tax law had no actual provision that gave companies a deduction for outsourcing jobs.

“As sound bites go, the president’s reelection campaign and the Senate Democratic leadership have apparently decided that they can make some political hay with this PR proposal,” said Hatch. “But as substantive tax policy goes, this proposal is a joke.”

Read more: Democrats' outsourcing bill falls short - Seung Min Kim - POLITICO.com


Read more: Democrats' outsourcing bill falls short - Seung Min Kim - POLITICO.com

Pure, unadulterated tripe from the Dumpublicans once again. If a bill is brought forward, even though it looks good and says it will create jobs in America plus reduce the debt, the Dumpublicans say NO because it is some idea that Democrats like.

No wonder the Dumpublicans are in such a precarious place right now.

OK I will give my take on a bill that sort of just came from no where and is all of a sudden the answer to the farming out of jobs.

I do not believe any bill of substance just all of a sudden shows up like that....even if it was in process for days/weeks/months....when did anybody hear anything about it? Not until just recently....I really don't know. What I do know is any bill of substance gets a lot of press and dialogue long before it goes for any discussion or vote. Hence I am skeptical.

Secondly the link that I posted does a good job of describing the real root causes of jobs outsourcing. I have only seen one comment since posting the link in two different threads today. The causes in the article are why I called the bill in question a band aid. Until such time as the real causes that drive outsourcing are addressed not much will change.

The incentives to outsource far out weigh anything that can be attempted with just the proposed tax breaks. In the early 70's when GE in Appliance Park Louisville KY jobs were being evaluated how much they cost to get done in Appliance Park VS manufacturing in Mexico. Each time before any jobs were eliminated by outsourcing the proposal was reviewed from a tax implication and labor point of view.

The tax incentives at the time were miniscule compared to the labor savings, hence no contest. The jobs were reviewed with the union on the basis of here is what the same components would cost in Appliance Park as well as what the costs would be in Mexico. Our proposals never ever expected the unions to buy into the prices from Mexico. What we did propose was a reasonable reduction in labor costs. The unions said there was no way they were going to buy such a proposal.

Over a five year period I watched GE build three brand new plants in Mexico and reduce employment in Appliance Park by the thousands.
Appliance Park employment in the early 70s was around 21,000. Employment in the 80s and early 90s was less than 10,000.

Could there be that big a difference in costs? How about almost 20 to one? Union member sweepers were getting over $20 per hour including benefits. Average assembly line workers were getting $18-$30 per hour.

The Mexican government was providing incentives faster than could be calculated including almost paying for the new manufacturing facilities there. When new jobs were advertised there we had a minimum of 50 applicants for each job.

We went to the federal government in the USA to get incentives for new manufacturing facilities, methods and equipment. We were turned down. We went to the unions to get a reasonable lowering of hourly costs.

The end result was Appliance Park almost becoming a ghost town.

So from first hand experience I can tell you the tax bill being proposed will not even come close.

On a side note but related...the price of steel in those days. We were getting quotes from Japan for rolled steel at prices that were more than 50 % less than we could get from Pittsburgh. Once again we were in negotiations with the steel companies to get a reduction in pricing. They were not expected to match the Japanese prices...just a reasonable reduction in costs. They of course had to go back to their union bargaining units for support. They were turned down 100%. After 5 years almost 80% of all steel was coming from Japan. They had new much more efficient steel mills subsidized by the Japanese government. Pittsburgh had steel mills making the steel the same way they did in the 40s and 50s.

Until such time as the US government decides to help subsidize manufacturing in this country and unions take heed to what it takes to BE COMPETITIVE........nothing is going to change. A ginned up for electioneering purposes tax break will not come close to doing the job.

Once upon a time there used to be over 500 machine tool companies in the USA. From 1970 through the middle 1980s that number dropped to less than 200. All outsourced to newer manufacturing facilities all over the world. We were not COMPETITIVE.

The story was and continues to be repeated every day currently.

When Obama or no matter who is in the WH or congress decides to start investing in American manufacturing like it's competitors and their governments do around the world....there will be no resurgence of manufacturing. And without an new industrial revolution in manufacturing here in the USA there will be no returning to the glory days when we had it all.

Of the billions and trillions being squandered to finance institutions how much was ever designated to fix America's competitive short fall in manufacturing?

The above is a mere scratch of the surface of the depth of the problem with out sourcing.
And for the first hand experience of much of the above I do not think the current bill will make ANY impact of significance....other than political cannon fodder for the 2012 elections.

I hope the above gives you some insight into why I REMAIN a skeptic on this subject.

btk

Just more tripe from the Party of Nope.

I googled "SB3364 opponents say" to find opposing arguments on the bill. I don't have time to read it all right now, but here is a quote well worth looking further into, by Sen. Orrin Hatch:

"Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would eliminate that deduction, and create a new 20 percent tax credit for all costs associated with moving overseas jobs back into the United States.

But Hatch said Democrats are being misleading by saying that there is a tax break for outsourcing.

“I’ll keep this book of tax codes at my desk here, if someone wants to show me the tax code that allows deductions for shipping jobs overseas,” Hatch said while holding the large book. “I’d like to see it, but it’s not in here.”

It’s unclear if the bill will clear the voting hurdle to end debate. Republicans were expected to support it until Senate Majority Leader Harry Reid (D-Nev.) said he was unlikely to include any Republican amendments."


Hatch calls Dems' 'insourcing' bill 'misleading' - The Hill's Floor Action

I also wonder if there is other "stuff" packaged into this bill that has nothing to do with jobs. The lack of a line-item veto causes many good proposed measures to get thrown out with the bathwater containing "other stuff".

thanx for not disappointing me and achieving another new low. Your response is commensurate with one who has no idea what is being discussed....discussed is not the word because that IS NOT what you do. You have demonstrated time and again the inability to carry on a dialogue.

Your belittling positions on everything disgraces the party you pretend to represent.

I will no longer waste my time with your closed minded view on anything. I have read your last smart a$$ response.

Well, so far I'm reading some interesting analysis from the forums conservatives explaining how this bill is being described as misleading and lying about current law.

The liberals are saying nothing specific and having a snit fit.

I kind of knew that the way this would turn out.

question,will the federal and states be the first to bring home jobs that they have outsourced.

buggyone: For the third time "comparative advantage" Why do you stick your head in the sand here You want and I want jobs for Americans well continual heavy regulations by the governement accompanied with ridiculous taxes and corporations burden down with union monetary packages and union restrictions on productivity.

Well, I just remember the axiom, "Millers grind the wheat, what is left is the grist."

[QUOTE]Repubs are always talking about taking their country back....yeah right, back to the Dark Ages.[/QUOTE

Boy is that the pot calling the kettle black. Redirection at it's finest.

[quote=dklassen;526335]A constant truism:

Whenever you want to know what the Leftists are up to, you only need to look at what they are accusing the Conservatives of doing. That is what they themselves are doing.