Obama vows to fight "outsourcing" and using tax credits as one of the means. I don't know why...
Does he plan to put tax burden on companies that "import" finished and unfinished goods from outside US. Creation of toilet paper is outsourced to China. Creation of T-Shirts are outsourced to Bangladesh and Sri Lanka. Creation of numerous clothing is outsourced to China and to other countries. To me, outsourcing of manufacturing is equivalent to outsourcing of IT services. If Obama is serious, he should find the grass root problems and fix them. What is the additional value add that a highly paid US worker brings over meagerly paid people elsewhere?
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