Post by midcan5 on Feb 23, 2008 14:46:28 GMT -5
Can He Deliver?
Obama and Global Trade By Paul Craig Roberts
Unique among the contenders for the presidential nominations, Barack Obama has raised the issue of US job loss from US corporations moving operations abroad in order to lower their labor costs and, thereby, boost profits. As reported by the Financial Times, Obama proposed a lower tax rate for US companies that maintain or increase their US workforce relative to their overseas workforce.
www.counterpunch.org/roberts02232008.html
Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan's first term. He was Associate Editor of the Wall Street Journal.
Obama and Global Trade By Paul Craig Roberts
Unique among the contenders for the presidential nominations, Barack Obama has raised the issue of US job loss from US corporations moving operations abroad in order to lower their labor costs and, thereby, boost profits. As reported by the Financial Times, Obama proposed a lower tax rate for US companies that maintain or increase their US workforce relative to their overseas workforce.
www.counterpunch.org/roberts02232008.html
Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan's first term. He was Associate Editor of the Wall Street Journal.