Top ‘U.S.’ Corporations Outsourced More Than 2.4 Million American Jobs Over The Last Decade

The paper surveyed employment data by some of the nation’s largest corporations — General Electric, Caterpillar, Microsoft, Wal-Mart, Chevron, Cisco, Intel, Stanley Works, Merck, United Technologies, and Oracle........

Unfortunately, for some of these companies, sending American jobs overseas isn’t enough. They also want to bring the profits back into the United States with as little tax liability as possible. Cisco Systems, which had 26 percent of its workforce abroad at the start of the decade but 46 percent of its workforce abroad by the end, is currently involved in a lobbying campaign titled “Win America” calling for a tax repatriation holiday that would let big corporations “bring money they have stashed overseas back to the U.S. at a dramatically lower tax rate.” A similar tax break in 2004 actually increased the amount of money companies store overseas.

jmainframe wrote:And now that many of these American-born companies have gone global, they don't care if this country collapses. They'll just move their headquarters to where the money is (i.e. Malaysia, Hong Kong, or Singapore). I suppose after that frontier dries up, their only alternative after that would be the moon! - lol

It is sickening what these corporations have done to America and Americans.