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Common Dreams reports:
In yet another reminder of how corporate-friendly the Trump administration has been—despite campaign pledges to defend American workers and "buy American, hire American" rhetoric—a new study out [April 25] reveals that the president continues to reward U.S. companies who ship jobs overseas.
According to the analysis (pdf), conducted by Good Jobs Nation along with Public Citizen's Global Trade Watch, "the flow of federal contract awards to major offshorers has continued unabated since Trump's inauguration."
The outsourcing of American jobs to other countries is a major issue for American voters, and helped propel President Donald Trump's victory in a number of economically distressed rust-belt states.
Despite this, as many as "56 percent of the top U.S. firms awarded the largest taxpayer-funded contracts in fiscal year (FY) 2016 engage in offshoring", the report notes. Further, 41 of the top 100 federal contractors--which in 2016 received a combined $176 billion in taxpayer dollars--have shipped jobs overseas and "many continue to do so today".
[...] "Even though he's signed over 60 executive orders during his first 100 days, he has yet to use the power of the pen to stop corporations that receive taxpayer dollars from shipping American jobs overseas", said Joseph Geevarghese, director of Good Jobs Nation.
(Score: 1, Insightful) by Anonymous Coward on Wednesday April 26 2017, @08:43PM (2 children)
Sure technically the recession ended but it was a jobless recovery. Employment seems high only if you deliberately neglect to count the permanently unemployed who don't participate since the economy just doesn't need as many employed people anymore. If you look at the state of the workforce today, the Great Recession is ongoing. It's the entire decade of 2007-2017 much like the Great Depression was the entire 1930s.
(Score: 0) by Anonymous Coward on Wednesday April 26 2017, @09:11PM (1 child)
Jobs for all! Build a wall!
(Score: 2) by bob_super on Wednesday April 26 2017, @09:43PM
That's the plan. Still a repeat of the 1930s
1) Have the Hugest War
2) Wait up to 16 years
3) Build wall to divide people