Monday, April 25, 2011

And these guys get to contribute all they want to political candidates...

Thom Hartmann notes:
According to a new report by the Wall Street Journal – corporate giants: General Electric – Caterpillar – Microsoft – Wal-Mart – Chevron – Cisco – Intel – Stanley Works – Merck – United Technologies – and Oracle…all American corporations – have fired 2.9 million American workers since 2001 – then hired more than 2.4 million workers overseas. 

This isn’t a coincidence – these guys actually have an annual conference about how to outsource American jobs more efficiently. Like in 2009 – when American corporations gathered together for the 2009 Strategic Outsourcing Conference – where 57% of executives there bragged that since the Great Bush Recession – they’ve increased the number of American jobs they’re shipping overseas. So here we have so-called American corporations – that are paying hardly any American taxes – and hiring hardly any American workers.

http://www.green960.com/cc-common/news/sections/newsarticle.html?feed=313154&article=8474852

Sunday, April 24, 2011

REPUBLICANS vs. DEMOCRATS ON THE ECONOMY


May 9, 2005
By: Kevin Drum

http://www.washingtonmonthly.com/archives/individual/2005_05/006282.php


REPUBLICANS vs. DEMOCRATS ON THE ECONOMY....Did you know that Democratic presidents are better for the economy than Republicans?
...

Michael Kinsley ran the numbers in the LA Times and came to the same conclusion.
The results are simple: Democratic presidents have consistently higher economic growth and consistently lower unemployment than Republican presidents. If you add in a time lag, you get the same result. If you eliminate the best and worst presidents, you get the same result. If you take a look at other economic indicators, you get the same result. There's just no way around it: Democratic administrations are better for the economy than Republican administrations.

...

The dataset that delivers these results now covers more than 50 years, 10 administrations, and half a dozen different measures. That's a fair amount of data, and the results are awesomely consistent: Democrats do better no matter what you measure, how you measure it, or how you fiddle with the data.

...read the full article
http://www.washingtonmonthly.com/archives/individual/2005_05/006282.php