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Obama opposes outsourcing of jobs

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Agencies

Posted: Jun 28, 2008 at 1133 hrs IST

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.

"I don't care black, white, Hispanic, Asian, Native American, young, old, rich, poor. It doesn't matter. There's this sense of what this country is fundamentally about, a fundamental goodness, and that if we tap into that, I am absolutely convinced that we can lift this country up to new and greater heights.

"This is one of those moments in our history when we have to tap the decency of the American people. This is our chance to turn the page on the policies of the last seven and a half years. This is our chance to bring a new energy policy to America and new ideas to America," Obama said at a historic moment during the campaign trail.

"So here's the choice in this election. If you like the direction America is going, then vote for Senator McCain, because you'll definitely get more of the same. But if you think we need a new course, a new agenda, then vote for Barack Obama and you will get the change that you and we need and deserve," Senator Clinton said in her opening comments.

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OUTSOURCING FAVOUR by Vinod Dawda on 30 Jun 2008

Mr Obama will be doing the world a favour by stopping the outsourcing. He should also stop skill migration as well. This will make the indigenous population work a bit harder and slow down the inflationary pressure on the world.The earnings of some CEO are so obscene for little or no contribution or skill to the well being of the society on which it feeds voraciously while living them free to manipulate markets to feed their simplistic greed while 50% of the world that struggles to find next meal pays the heaviest price.

Outsourcing by Shyam.P.Kunte on 29 Jun 2008

Mr.Obama should put his words into action when he gets elected.Here in India we are fed up with the useless IT hype and wish it be done away totally to divert our skills to manufatoring and agriculture sectors.It is hightine let These IT slaves be disowned by their Masters in USA for sake of ourIndian Real Economy.

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