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IS JOE BIDEN RIGHT THAT OUTSOURCEING IS HURTING THE MIDDLE CLASS AMERICANS?

BIG BAD JOHN R. 2012/06/26 17:36:34
YES, outsourcing, is killing the middle class.
NO, outsourcing is not hurting the middle class
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WATERLOO, Iowa --- Vice President Joe Biden worked to fire up about 400 Barack Obama supporters Wednesday in advance of the November election.

Biden sought to support the Barack Obama campaign’s economic message on his “Strengthening the Middle Class” tour.

In opening his speech, Biden spoke of how during his first visit to Waterloo in 1974, the economy was going strong. John Deere had 16,000 employees and Rath Packing was strong.

“Then we ran into something we hadn’t heard of before -- outsourcing,” Biden said.

He spoke of the struggles in Iowa with Deere shedding jobs and Rath closing its doors.

When Barack and I got elected we were determined to restore the middle class,” Biden said.

Biden’s visit to eastern Iowa included Tuesday’s stop at the UAW Local 838 hall in Waterloo, with visits to Dubuque and Clinton scheduled for Wednesday.

Supporters in Waterloo held blue signs with a simple message, “Forward. Barack Obama.”

Prior to Biden’s Waterloo speech, a video played showing the economic problems Obama faced as he first took office. The video, narrated by Tom Hanks and including interviews of leaders including former President Bill Clinton and Chicago Mayor Rahm Emanuel, detailed the bailout of automakers and financial industries and repeated the risks associated with letting large components of the economy falter.

The video also highlighted Obama’s national security leadership, including the order to launch the raid that killed Osama bin Laden, drawing applause and cheers from the packed house.

As Biden toured Iowa, the Obama campaign put out a new Iowa-specific TV ad that played off of a Washington Post story that said some companies Mitt Romney worked with were early adopters of outsourcing jobs beyond America’s borders. The ad asks “does Iowa really want an outsourcer-in-chief in the White House?”

Diana Harwood, a neighborhood volunteer for the Obama campaign in Cedar Falls, said Iowa will be crucial for winning the campaign and encouraged supporters to volunteer for the campaign.

“Obama needs Iowa to win,” Harwood said to applause. “Remember Florida, Florida, Florida? Well this time it’s Iowa, Iowa, Iowa.”

Waterloo Mayor Buck Clark talked up the economic progress the city has been making in recent years, including John Deere expansion.

“We were fortunate here in the Cedar Valley the great recession caused by eight years of failed Bush policy didn’t hit us as hard as in other places,” Clark said.

Biden called Buck Clark a “good, close personal friend.” He went on to say all politics are personal.

Shawn McCoy, Iowa communications director for the Mitt Romney campaign, countered Biden’s visit with a statement questioning the economic direction of the country.

“President Obama’s policies have failed the middle class. Under President Obama, median household income has dropped and nearly one in five Iowans have experienced economic insecurity while rising insurance premiums, gas prices and grocery bills have put a squeeze on family budgets," McCoy said.



Read More: http://wcfcourier.com/news/local/govt-and-politics/biden-in-w...
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  • sjalan 2012/06/27 05:27:27
    YES, outsourcing, is killing the middle class.
    sjalan
    Further, the war on unions is destablizing the middle class and if the middle class is destablized the country will collapse in the next world wide depression.
  • wolf sloan 2012/06/26 21:14:49
    YES, outsourcing, is killing the middle class.
    wolf sloan
    Even a broken watch is right twice a day.
  • Lady Whitewolf 2012/06/26 20:14:32
    YES, outsourcing, is killing the middle class.
    Lady Whitewolf
    +1
    VERY right!!!
  • KrSpo 2012/06/26 19:27:59
    YES, outsourcing, is killing the middle class.
    KrSpo
    +1
    Absolutely. Big wig business owners have found a way to increase their profit margins by hiring all overseas production, program management, and some sales. The jobs that are still in the US are being generated at or below a living wage.
  • Z 2012/06/26 19:16:41
    YES, outsourcing, is killing the middle class.
    Z
    +1
    To bad his policies, and the policies of the past president, have been a huge cause of it. Unless we lower the corporate tax, there is simply no way that our country will be attractive to businesses.
  • KrSpo Z 2012/06/26 20:21:40
    KrSpo
    Lower the corporate tax???? Are you kidding, they barely pay tax as it is. We need to charge a higher tax for those companies that do not actually produce their products here. Other international companies not based in the US have a Tariff on their goods, why should solely having a 'corporate headquarters' in Delaware while all production is in Asia allow a corporation to get tax cuts when others do not?
  • Z KrSpo 2012/06/26 20:31:04
    Z
    What they pay and what the rate is is not the same thing. First of all, tariffs are a horrible idea. If you actually look at history, the great depression was significantly lengthened by a tariff passed under Hoover in 1930. Lowering the tax rate encourages corporations to produce in that nation. Raising tariffs will only raise the price of that good, which will ultimately only hurt the middle and lower class.
  • KrSpo Z 2012/06/26 20:35:37
    KrSpo
    I cannot see it that way. Continued lowering of the tax will only allow them to continue pocketing more and more profits. When their products become too expensive to buy, the law of supply and demand will either make them close the over seas factories, or perish completely.
  • Z KrSpo 2012/06/27 02:30:03
    Z
    No it won't. We aren't their only market. They have 250+ other countries to sell their goods in, and they will. Supply and demand is on their side right now. And "continued lowering" isn't a real thing. Corporate taxes have only gone up, to the point that we have the second highest in the world, only behind Japan, which has sturdy tech subsidies. What's wrong with pocketing profits, anyway? Honestly, we can't make them give us bits that they aren't here to give, but why is it that making profit is such a bad thing? Profit helps investors, who then have more bits to invest, which creates and grows smaller and medium sized companies, it allows companies to put bits into R&D to come up with newer, cheaper and better products and transportation.
  • KrSpo Z 2012/06/27 04:48:26
    KrSpo
    I can't see it like that. Most production is made for US markets. Nations charge so much in taxes on all products, and for living there to begin with, most citizens do not by a lot of extra stuff. The US is a nation of expendable items, where the rest fo the world tends to only buy when they must have it, and never purchase something on a whim.
  • Z KrSpo 2012/06/27 19:35:38
    Z
    That is completely untrue. The third and second world are like that. But China has one of the fast growing middle classes in the world, then there is all of Europe, Russia, India (which has become almost as big consumer as we are) much of South Amareica, and the nation of South Africa. There are a few middle eastern and asian nations.

    And you can see it like that, you choose not to.
  • FAWKES' NOOSE ~ ΔTX 2012/06/26 18:05:27
    YES, outsourcing, is killing the middle class.
    FAWKES' NOOSE ~ ΔTX
    +2
    One would truly have to be an utter imbecile to think that its not.
  • john Kills 2012/06/26 17:58:29
    YES, outsourcing, is killing the middle class.
    john Kills
    +2
    We need to manufacture more products here and convince Americans to buy American.
  • Inquisitve Kat 2012/06/26 17:39:32
    YES, outsourcing, is killing the middle class.
    Inquisitve Kat
    +2
    I think even conservatives would admit that one...
  • Lady Wh... Inquisi... 2012/06/26 20:15:27
    Lady Whitewolf
    +1
    5 will get ya 10 they won't....!

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2013/05/19 17:39:01

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