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Showing posts with label Bush tax cuts. Show all posts
Showing posts with label Bush tax cuts. Show all posts

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.

Thursday, November 11, 2010

US Congress can't help economy

US Congress can't help economy

As the US economy continues to plunge it seems that politicians are continuing to place the blame on the Chinese. Will the newly elected Congress be able to do anything to help job growth in the US? Author Nomi Prins believes that it doesn't matter who is elected to Congress, they aren't going to fix anything because they will just follow the lobbyists to the bank


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