Tuesday, September 28, 2010

Senate GOP blocks bill that would promote less outsourcing

"Washington Post Staff Writer
Tuesday, September 28, 2010; 12:34 PM


Senate Republicans on Tuesday blocked a Democratic plan to encourage companies to bring jobs back from overseas, as a united GOP caucus voted against a motion to debate the measure on the Senate floor.  The motion failed 53 to 45.  The legislation would have raised taxes on corporations that shift operations overseas, costing U.S. jobs. It also would have awarded companies that bring jobs back from abroad by offering a two-year hiatus from payroll taxes for those positions."

So lets go slow.  Item 1, we're just coming out of the worst recession in many years.  Item 2, many middle class workers are still out of work.  Depending on whose numbers you like and on if you think discouraged workers should be counted somewhere between 9% and 19% unemployment!  Item 3, the middle class tax cut will not be extended because most Republicans and a few Democrats think that those making MORE than $250,000 per year should also get a tax cut.  Item 4, more than 90% of the benefits of the recent "small business" bill go to companies with MORE than 500 employees. And now, drum roll please, the Republicans don't think that we should encourage companies to bring jobs into this country or to penalize them for shipping jobs out of the US! 

Words like disgusting seem much to nice.  Common sense suggest that extending tax cuts to the middle class will help in this very troubled economy.  Common sense suggests that encouraging US jobs is, well, simply common sense.  Where have our politicians, particularly Republicans, gone that they've lost any semblance of common sense?

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