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Saturday, January 8, 2011

US corporations destroying America

US corporations destroying America


Corporate America has convinced many in Washington that what is good for them is good for America. Naturally, a tax cut would be in line for them in order to keep pace with countries like China, the same countries these corporations outsource jobs too. The Market Ticker's Karl Denninger says shuffling the deck around doesn't change the problem. When you offshore labor, you can effectively hire slaves in places like China and put your production in places where they don't care if you put your toxic waste in the water.

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