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Obama Stimulus Funding Goes Abroad, Outsources Jobs

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United States
07/11/2012 07:51 PM
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Obama Stimulus Funding Goes Abroad, Outsources Jobs
As Democrats continue to bash Mitt Romney for his purported record on outsourcing jobs, the Republican Party has launched a counteroffensive, exposing President Obama’s 2009 economic stimulus law for doling out millions of dollars to foreign companies or subsidizing U.S. firms that expanded operations abroad or purchased foreign goods.

The Obama campaign has been vocal in its dissent of job outsourcing, using Romney’s past business endeavors as an indication of his performance on domestic job-creation. “I want to stop giving tax breaks to companies that ship jobs and factories overseas,” the President asserted Tuesday during a speech in Cedar Rapids, Iowa. “As long as I’m president, I will keep fighting to make sure jobs are located here in the United States of America.”

[link to www.thenewamerican.com]