According to FoxNews on-line, the administration’s hammering Mitt Romney’s Bain Capital for contributing to the country's outsourcing shift, helped by a story Friday on the topic in the Washington Post.
Romney adviser, Eric Fehrnstrom, however said on CBS' "Face the Nation" Sunday that “No American jobs were shipped overseas in any of the Washington Post examples that were cited by the Obama campaign."
He explained that “outsourcing, in which services like customer service are taken out-of-house, and off-shoring, in which jobs are sent overseas, are two different things and the Post ‘conflated’ the two and that, "When companies like Coca-Cola, for example, build a bottling plant in China so they can sell more soft drinks to the Chinese, we should be applauding that, because that type of entrance into new markets is what makes our companies stronger."
Now, I don’t really know if there’s actually a difference between outsourcing and off-shoring. Nor do I believe it matters very much. Because I think the matter is the result of a much more important problem.
Much of the reason American entities seek foreign locations is due to strangling tax law, over-regulation, crippling environmental legislation, labor union domination, and an administration that’s just about totally anti-business. All of which is further reflected in our overall economy’s dismal performance.
However, far beyond that, if the administration truly wanted to stop American jobs and, far more importantly, billions of citizens hard-earned dollars flowing overseas, they’d permit drilling for oil right here at home. And that single step, in and of itself, would solve so many of our problems that telemarketers in India would soon be hired to recruit the millions of new hires that would be needed here
That’s it for today folks.
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