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Romney/Bain Outsource Middle Class U.S. Jobs for 99 Cents an Hour Jobs in China
AFL-CIO ^ | 10/12/2012 | Mike Hall

Posted on 10/12/2012 5:40:37 PM PDT by mdittmar

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To: mdittmar

Interesting in the fact that Romney wasn’t with Bain during that time and that the puke running Bain now is supporting the Food Stamp President.


61 posted on 10/12/2012 8:33:01 PM PDT by RetiredTexasVet (The law of unintended consequences is an unforgiving and vindictive b!tch!)
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To: SAR

My dear SAR, what are people supposed to do if they already have their family and then can’t afford to support them? Take them out back and shoot them?

Please tell me that SAR is for “sarcasm.”


62 posted on 10/12/2012 8:56:44 PM PDT by heartwood
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To: mdittmar
In 2010, the Bain Capital-controlled Sensata Technologies bought Honeywell’s automotive onboard sensor business, including a Freeport, Ill., plant, where 170 workers were making a middle-class living.

Since Romney had been gone from Bain for a decade by that point, this is a deliberate lie being put out by our "friends" at the AFL-CIO. Disgraceful, but not surprising.

63 posted on 10/12/2012 9:01:58 PM PDT by Republican Wildcat
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To: svcw

Using the Philippines as an example of cost, I pay 6,000 pesos a month, to rent a 2 bdr 1 bath apartment,($145 at todays exchange rate of P41.4 to $), just got my electric bill, P2,135,($51,57), my cable tv is P445, ($10.75), and my internet is P1,000, ($24.15). My monthly food cost is P7,000, ($169, and I buy a lot of higher grade meats, cheese and snacks). My misc. expenses are about P2,000, ($48.30).

The average Filipino, (not the poor), lives on about P15,000 per month, ($362.31), and eats a lot of rice and fish, (which is cheap), and pancit noodles with a small amount of meat in it, along with vegetables and fruits.

Even the poor usually makes P200 per day, (P6,000 per month, or $145), but their rent is around P2,000, ($48.30).

What I am saying is that you can not just use the wage figure without putting it into perspective. The cost of housing, food, utilities and transportation are totally different in each country.

You would not expect someone living in Arizona to be able to survive in New York City on the wages he has in Arizona. The cost of living in Arizona is lower than New York City, thus wages in New York City are higher by necessity.


64 posted on 10/12/2012 11:11:30 PM PDT by usnavy_cop_retired (Retiree in the P.I. living as a legal immigrant)
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To: entropy12

Give me one good ECONOMIC reason why low skilled American labor should be paid 10 to 20 times cheap labor countries?
````````````````````````````````````````````````````````````````````````
Can you sound out “G-O-V-E-R-N-M-E-N-T” as in cost of bloated gooberment?


65 posted on 10/12/2012 11:13:25 PM PDT by S.O.S121.500 (That Kenyan muzzy bastard is not my president. ENFORCE the Bill of Rights.)
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To: S.O.S121.500

Two different issue. Apples and Oranges. Government is most certainly bloated, pervasive, out of control and wasteful by the tons. That has nothing to do about tariffs on cheap imports which provide us one of the highest standards of living in the world.

We should encourage high skilled work force and send all low skilled jobs to poor countries.


66 posted on 10/12/2012 11:37:21 PM PDT by entropy12 (Romney/Ryan 2012... Please send more campaign cash to them.)
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To: mdittmar
Let me see.

Apple is operated by Libtards. Most Apple Employees are Libtards. All Apple Products are made in China. This is happening right now, not eleven years ago.

Why aren't the Unions going after Apple?

67 posted on 10/12/2012 11:58:32 PM PDT by Kickass Conservative (How do you insult an Obama Voter? Call them an Obama Voter.)
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To: Rightwing Conspiratr1

Bi - Partisan bill was it not? GE plant in China benefited - Right? I was talking about Imelt. Both parties have sold out the American people in favor of “Globalism” or free trade or whatever term you want to use.


68 posted on 10/13/2012 12:49:12 AM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: Irenic

Bump


69 posted on 10/13/2012 9:23:38 AM PDT by mdittmar
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To: entropy12
Two different issue. Apples and Oranges. Government is most certainly bloated, pervasive, out of control and wasteful by the tons. We should encourage high skilled work force and send all low skilled jobs to poor countries.

WE should return to Constitutional government that we would be more competitive in the global market AND continue to inhabit the greatest country/experiment in history. Try a little apple and orange juice punch.

70 posted on 10/13/2012 10:15:07 AM PDT by S.O.S121.500 (That Kenyan muzzy bastard is not my president. ENFORCE the Bill of Rights.)
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To: S.O.S121.500

How do you plan on being globally competitive paying $80/hour (including all benefits) to an assembly line worker when the required training is less than a couple of months and foreign workers can do the same or better job for 1/10th labor cost?

It has little to do with constitutionality and more to do with basic economics.


71 posted on 10/13/2012 12:02:53 PM PDT by entropy12 (Romney/Ryan 2012... Please send more campaign cash to them.)
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To: entropy12

“If US puts up walls of tariff on low tech imports, our standard of living will take a nosedive.”

We don’t need a one way street trade policy that benefits other countries to maintain our standard of living which BTW is already taking a nosedive, we need less taxation/regulation and an environment for improved productivity right here with our own industries.

Tariffs worked fine during the industrial revolution and should match the tariffs other countries have on our products. Right now Chinese tariffs make a U.S. automobile in China sell for 3 times what it sells for here which is hardly free and fair trade.

Use tariffs as a bargaining chip to negotiate trade deals with other nations that are on an equal level.


72 posted on 10/13/2012 7:24:42 PM PDT by ScottfromNJ
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To: ScottfromNJ

“Right now Chinese tariffs make a U.S. automobile in China sell for 3 times what it sells for here which is hardly free and fair trade.”

You got that right, but why blame the Chinese when we let them get away with unfair trade policies? Just look in the mirror.

Our standard is NOT taking a nose dive, it is just being boiled away SLOWLY like a frog in hot water. The high end restaurants here in Seattle have waiting lines to get a table. Even in a medium level restaurant such as Olive Garden we had to wait 30 minutes to get a table just this evening. The auto traffic in Seattle is incredulous. Golf courses are crowded. I see mostly late model cars on the road. But Seattle may be an exception. Microsoft and Boeing are doing just fine.

You are also correct on burdensome regulations on business as a prime factor in loss of jobs. It does not help that US carries the highest corporate tax in the industrialized world. Even our neighbor to the north has dropped rates to 35% while Obama wants yo jack rates up for small businesses to 41% something.


73 posted on 10/13/2012 7:47:49 PM PDT by entropy12 (Romney/Ryan 2012... Please send more campaign cash to them.)
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To: entropy12

Correction: Canada has dropped rates to 25%, not 35%. My typo, sorry.


74 posted on 10/13/2012 7:49:06 PM PDT by entropy12 (Romney/Ryan 2012... Please send more campaign cash to them.)
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To: entropy12

Because your foreign worker isn’t supporting 3-4 unemployed plus a government that “administer” it all. A goobermint that has become extraconstitutional.


75 posted on 10/14/2012 1:38:00 PM PDT by S.O.S121.500 (That Kenyan muzzy bastard is not my president. ENFORCE the Bill of Rights.)
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