Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: CalculatedRisk who wrote (3426)	2/21/2004 11:28:21 AM
From: ChinuSFO	of 81568

New Bill in U.S. against outsourcing By Sridhar Krishnaswami WASHINGTON, FEB. 19. A new Bill against outsourcing of government contracts has been introduced in the United States Senate by Democrat, Christopher Dodd of Connecticut. The idea is to ensure that tax dollars "remain invested" in workers at home. The United States Workers Protection Act seeks to prohibit taxpayer money from being used to outsource or take offshore those jobs formerly done in the U.S. The Dodd legislation focuses on at least three areas of government contracting: privatising of federal work, federal procurement of goods and services and state procurement using federal funding. Under the Bill, the states will not be eligible to receive federal money unless they certify every year that this will not be going offshore. Mr. Dodd argued that his Bill was in response to the Bush administration's "wrong-headed conclusion" that sending American jobs overseas would benefit an ailing American economy. "Workers in Connecticut and across the nation are first rate. It simply does not make sense to export their jobs and futures half-way around the world to save a few pennies. This administration needs to get its priorities straight and use taxpayer dollars to invest in America — American workers and small business owners. This legislation is a step toward stopping the needless export of American workplaces," he said. In recent times, the Republican administration came under fire from Democrats when the top economic adviser to the U.S. President, Geore W. Bush, remarked that export of jobs overseas was probably a plus for the economy in the long-term. That set off the noisy protest that the Republican administration was "insensitive" to American workers losing jobs. Then followed legislative action starting with the Jobs for America Act introduced in the Senate by the Minority Leader, Thomas Daschle, with other key Democrats such as Hillary Rodham Clinton, Edward Kennedy and Tom Harkin signing on. What has not gone unnoticed in all this debate on outsourcing is the political twist to the issue in an election year with the Democrats keen on hammering the Bush administration on the state of the economy, including the profile of job losses. Leading Democrat contenders for the Presidency such as Senator John Kerry and John Edwards have taken strong positions on outsourcing even if economists are stressing that this is an area where politicians may not be able to do much given the powerful forces of globalisation. Senators Kerry and Edwards are saying that they will look at the tax laws and close the loopholes that reward corporate expansion overseas. One way that these presidential contenders will go about is in providing temporary tax credits for hiring manufacturing workers in America and in cutting taxes for domestic manufacturing. Democrat front-runners for the presidency are also saying that they will take a look at a number of other alternatives that will make America-based industries more competitive. hindu.com

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