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Barbara (Don't call me M'am) Boxer loves helping other get jobs and a solid economy. Sadly, California and the United States are not among her beneficiaries.
"The $787 billion stimulus package. Advertised in 2009 as necessary to "create or save" jobs and cap the national jobless rate at 8%, California unemployment soared to 12.4% by 2010 from 7.8% in 2008, as California posted its biggest job losses since 1940. That's a million jobs lost in this recession, according to the University of the Pacific, even as states like Texas with free-market policies gain jobs and draw investment. It's outsourcing on a grand scale.
The corporate tax. Boxer claimed in Wednesday's debate that she wants to "incentivize" U.S. companies not to ship jobs overseas. Maybe she was referring to her yes vote on S. 3816, which ends the tax deferral for multinational firms. The idea was to hike taxes on companies' overseas operations so they would hire more here. Instead, we've "incentivized" companies to move headquarters and jobs to low-tax countries. Even the Democrat-led Senate knew it was a job killer. Boxer didn't.
Free trade. In the debate, Boxer patronizingly said Mexico was important to California because it was a top trading partner. No kidding. California's economy is steeped in foreign trade, accounting for 11.4% of U.S. exports, which underperforms its 14% slice of the economy."
Arrogance has a face, it looks like Barbara Boxer.
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"The $787 billion stimulus package. Advertised in 2009 as necessary to "create or save" jobs and cap the national jobless rate at 8%, California unemployment soared to 12.4% by 2010 from 7.8% in 2008, as California posted its biggest job losses since 1940. That's a million jobs lost in this recession, according to the University of the Pacific, even as states like Texas with free-market policies gain jobs and draw investment. It's outsourcing on a grand scale.
The corporate tax. Boxer claimed in Wednesday's debate that she wants to "incentivize" U.S. companies not to ship jobs overseas. Maybe she was referring to her yes vote on S. 3816, which ends the tax deferral for multinational firms. The idea was to hike taxes on companies' overseas operations so they would hire more here. Instead, we've "incentivized" companies to move headquarters and jobs to low-tax countries. Even the Democrat-led Senate knew it was a job killer. Boxer didn't.
Free trade. In the debate, Boxer patronizingly said Mexico was important to California because it was a top trading partner. No kidding. California's economy is steeped in foreign trade, accounting for 11.4% of U.S. exports, which underperforms its 14% slice of the economy."
Arrogance has a face, it looks like Barbara Boxer.
More...