Quote:
Originally Posted by Ed Hammer
This shit really gets old, But since you are bringing it all up again.
A friend of mine has worked for the same company 20 years. Today he was notified that the company is closing down and moving out of country. This major factory is what keeps the small city it is located in above water. Others that work for the city will also be losing their jobs due to the loss in taxes.
Great Job Democrats  |
This isn't the Dem's fault, it's the republicans. There are Tax Incentives, thanks to Bush, to move jobs out of the country. There are endless loopholes in the system that make it cheaper to have your company outside of the US.
Don't forget that doing this is one of the things that made Mitt Romney so rich. If he were elected, this problem would be much worse.
Obama is already working on closing these loopholes and has launched something to help:
http://articles.marketwatch.com/2012...siness-leaders
It is too bad that it is probably too late for your friend.