Thursday, May 03, 2012

Obama Is America's Biggest Job Outsourcer

IBD reports:
The same president who used stimulus dollars to build electric cars in Finland and sought to be Brazil's best oil customer now complains the GOP nominee built his career outsourcing jobs. At least he created some.

President Obama's re-election campaign released an ad Tuesday saying Mitt Romney "shipped American jobs to places like Mexico and China" when he led the investment firm Bain Capital.

The $780,000 ad buy in the key swing states of Ohio, Iowa and Virginia was in response to an ad by the free-market group Americans for Prosperity (AFP) noting the administration's penchant for wasting taxpayer money in support of green energy companies, particularly those overseas or with foreign owners.

Among other things, AFP noted, the Obama administration approved a plan by electric car company Fisker to use part of its $529 million federal stimulus loan guarantee to build its manufacturing facility, and the 500 jobs it supports, in Finland.
The Obama regime: tax the productive and subsidize the unproductive.