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July 10, 2012

President Barack Obama, The Outsourcer in Chief … Obama’s Record on Outsourcing draws Criticism from his Base

Posted in: Barack Obama,Economy,Jobs,Mitt Romney,Obamanation,Obamanomics,Outsourcing Jobs,Recession,Stimulus Bill,The Lying King,Unemployment

Who is outsourcing jobs?

As President Barack Obama accuses Mitt Romney of outsourcing jobs in his days at Bain Capital, it would seem that Obama has some explaining to do as he has been president in outsourcing American jobs. The WAPO discusses another Obama broken campaign promise from 2008 … “Barack Obama promised voters four years ago that he would work to slow the outflow of American jobs to other countries.”

What say you Mr. President … cat got your tongue?

The issue of overseas outsourcing has returned to the center of the presidential campaign, with Obama hammering the record of Mitt Romney’s financial company. The debate intensified in recent weeks with Obama’s campaign attacking his Republican rival after a Washington Post article reported that Romney’s private-equity firm, Bain Capital, had invested in companies that specialized in helping other firms relocate work overseas.

American jobs have been shifting to low-wage countries for years, and the trend has continued during Obama’s presidency. 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.

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.

ABC News reports, RNC Chairman heads to Iowa to push message of Obama outsourcing of American jobs.

So what exactly is Priebus flying to Cedar Rapids for? The RNC is unveiling a new message push and website called ObamanomicsOutsourced.com: a detailed country by country account that they say shows the president shipped jobs overseas instead of keeping them here.

The new Republican messaging is happening just days after the issue of outsourcing became the focus of the campaign, but with the Democrats pointing to Romney as the outsourcer.

More from RNC Cjhair RNC Priebus:

“President Obama has promised over and over that he would focus on creating ‘jobs that pay well and can’t be outsourced’ but his record speaks otherwise,” Priebus said in a statement. “Through his ‘stimulus’ program billions of dollars from hard-working taxpayers were sent overseas The Outsourcer-In-Chief is going around the country touting his ‘jobs record,’ but the only positive record he has is creating jobs in faraway places like Finland and South Korea.

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