Tag: Jobs

Uncategorized

WEDC: Walker’s Expensive Corporate Welfare Failure

Eaton Corporation, a company awarded money by Scott Walker’s Wisconsin Economic Development Corporation (WEDC), has announced the upcoming layoff of 93 workers at it’s Watertown plant. The company previously faced criticism when it outsourced jobs to foreign countries shortly after receiving millions from WEDC.

Eaton is just one example of the failures that have plagued Walker’s WEDC — including the governor’s beloved Kohl’s — since its start.

Uncategorized

AP: Walker’s Wisconsin still lags nation in job growth

Key Point: “The state lags in job growth and its budget faces a shortfall. It’s a record that complicates Walker’s path in early primary states as he sells himself as a reformer.

“Wisconsin has added private-sector jobs at a lower rate than the national average since July 2011 – six months after Walker took office. Walker promised in the 2010 campaign that if elected his policies would create 250,000 private sector jobs. But only about 145,000 such jobs were created over his first four years.”

Uncategorized

BREAKING AUDIO: Perdue's Closing Argument

Asked today about whether his company was closing down American plants as they opened others overseas, Perdue quickly responded, “Sure, we closed down plants all the time…”

Listen to the breaking audio above.

It’s an interesting closing argument — no pun intended — to cap off what’s been a disastrous last month for David Perdue’s campaign, as a series of events shed light on both his business career and his worldview. His downward spiral began when an old deposition surfaced, revealing that Perdue himself had admitted, “I spent most of my career” outsourcing.  Asked the next day how he would defend that record, Perdue looked shocked — “Well defend it? I’m proud of it!” he replied.

Uncategorized

The Greedy Outsourcing Party

It’s no secret that Mitt Romney’s checkered business career was part of what doomed his election hopes in 2012. When people looked at Mitt Romney, they saw a vulture capitalist who was willing to close down American plants, lay off workers, and ship jobs overseas, so long as it helped their bottom dollar.

Having run for president, Romney’s business practices are likely the most infamous among Republican politicians, but he’s hardly alone. This year, key GOP candidates in close senate and gubernatorial races espouse the same self-interested philosophy — reaping profits while hurting American workers.

In Georgia, David Perdue’s campaign was rocked as POLITICO reported that Perdue had stated plainly in a 2005 deposition that he had “spent most of his career” outsourcing. This statement itself would have been severely damaging to Perdue’s candidacy, but what was even more detrimental, perhaps because it was so revealing, was Perdue’s dumbfounded response to the story. Asked how he would defend his outsourcing career, Perdue looked surprised — “Well defend it? I’m proud of it!”

In Illinois, billionaire gubernatorial candidate Bruce Rauner, who took a page out of Romney’s playbook and funneled millions in profits to Cayman Island tax shelters to avoid paying American taxes, has demonstrated similar priorities. Rauner’s vast portfolio while at GTCR, the private equity firm he co-founded, included directing H-Cube, a “premier global business outsourcing firm.” And just this month, we learned that a lawsuit has been launched by the former CEO of LeapSource, another outsourcing company where Rauner sat on the board, alleging personal threats from Rauner over her lack of success as their CEO.

Uncategorized

The Massachusetts Outsourcers Vs. The New Hampshire Voters

Scott Brown’s lackluster campaign is always in need of a lift. Maybe they’re hoping for a car elevator kind of lift. That’s right, Might Romney’s coming back to town!

Brown has truly bear-hugged Mitt Romney in this campaign, and it makes sense if you think about it. Sure, Romney lost New Hampshire decisively in 2012, but him and Scott Brown have striking similarities: Two proud Bay Staters who have yielded huge profits from their roles at outsourcing companies.

Scott Brown says he won’t create one job in New Hampshire. But if you want to create jobs overseas, you can’t beat the Brown/Romney tag team!​