Courtesy of acmavmObama opposes outsourcing of jobsAgencies Posted: Jun 28, 2008 at 1133 hrs
Washington, June 28: Taking a tough stand against outsourcing, the presumptive Democratic nominee Senator Barack Obama said that the choice is between giving tax breaks to companies that ship jobs overseas or give benefit to those corporations that keep jobs domestically.
"We can keep giving tax breaks to companies that ship jobs overseas, or we can give tax benefits to companies that invest right here in New Hampshire," Senator Obama said at a joint appearance with Senator Hillary Clinton in Unity, New Hampshire.
"We can have a tax code that rewards wealth and hands out billions of dollars more to big corporations and multimillionaires. Or we can provide a USD 1,000 tax cut to 95 per cent of families in America, start rewarding work and not just wealth, and eliminate income taxes for seniors making USD 50,000 a year or less," Obama said, adding that's an agenda for change that we can believe in. That's the choice that we can make in this election.
"We can allow millions of Americans to work full-time but still not make enough to support their families, or we can raise the minimum wage, index it to inflation, and ensure that hard work pays off in America," the Illinois Senator said.
http://www.expressindia.com/story_print.php?storyId=328... ___________
Obama vows to stop outsourcing, India Inc irkedstarted by TruthSeeker 7 mnths ago
Washington/New Delhi: In remarks that are bound to raise hackles in India, Barack Obama made a strong anti-outsourcing pitch after securing the Democratic Presidential nomination vowing to end tax breaks to companies that ship jobs overseas if elected to office.
Playing to the gallery on the hot button issue of outsourcing in his acceptance speech, Obama kept up with the rhetoric on the subject that has been a staple of Democratic campaigning and went on to spell out what he would do as President on the front.
"Unlike John McCain, I will stop giving tax breaks to companies that ship jobs overseas, and I will start giving them to companies that create good jobs right here in America," said Obama, who has been fiercely opposing outsourcing.
Source:
http://www.ibnlive.com/news/obama-vows-to-stop-outsourc... _____________
Obama vows to award US cos that stop outsourcingAgencies
Posted online: Sep 04, 2008 at 1250 hrs
Washington, September 4:US Presidential hopeful Barack Obama once again touched on the ticklish issue of outsourcing and while vowing to end tax breaks to companies that ship works overseas conceded that all lost jobs could not be redeemed.
Promising to retain as well as create more jobs for the Americans, the Democratic nominee said while all lost jobs cannot be redeemed, further movement can be halted by giving incentives to companies investing in the country.
"Not all jobs that have left are going to come back. We can stop some of them that are already leaving by stopping to give tax breaks to companies that are shipping jobs overseas and saving those tax breaks for investing in plants and equipment right here in the US," Obama said at a campaign stop in Ohio.
http://www.financialexpress.com/printer/news/357238 /
______________________
Outsourcing critics worry about Obama advisorsBy Krishna Kumar V. E.
December 10, 2008
Outsourcing critics worry about Obama advisors
Critics of outsourcing who saw in Barack Obama their saviour, are now worried that the President-elect of United States may tone down his commitment to stop sending jobs offshore because of pressure from his advisors.
Noted Wall Street Journal writer William J. Bulkely believes that the reason for such a meltdown in Obama’s position could be that as many as 17 members of his transition economic advisory board are corporate honchos who have a long history of outsourcing.
Bulkely quotes Ron Hira of the Rochester Institute of Technology and author of the famous book ‘Outsourcing America’ as saying that the Obama team is yet to take up the issue of white-collar outsourcing very seriously.
The President-elect had promised to stop tax breaks to companies that shifted jobs overseas, a position that he still holds but could be forced to change giving the diverse opinions held by members of his transition team.
The blog says that almost every member of the advisory board that has been involved in corporate America has been connected to outsourcing. The author goes on to say that the companies where these advisors worked earlier are refusing to comment now.
http://www.bpowatchindia.com/bpo_news/obama_outsourcing...