The United States President Barack Obama and his Vice President Joe Biden arrived full blast contrary to Mitt Romney which is the Republican presidential nominee. They accused him of outsourcing some American jobs to regions such as China and India. During their election rally in Atlanta, Georgia, President Barack Obama said that there was an article about Romney’s previous company that was a pioneer in off-shoring jobs to India and China
Unexpectedly, the city where the election rally was held is the headquarters of Coca Cola, the soft-drink giant that has been announced earlier its large investment in India. Obama said that when they were questioned about that and some of his advisers clarified that there is a distinct between outsourcing and off-shoring. The workers who lost their jobs recently did not understand the difference of it.
The vice president claimed that the Massachusetts Governor Mitt Romney signed a US$ 160,000 one month agreement that rewarded workers abroad to support poor people in Massachusetts acquire stamps for their food. During an election campaign in Waterloo, Iowa, Joe Biden said that Mitt Romney is a job creator, so give him some credit. He creates jobs for India, China and Singapore.
He added that when the Massachusetts legislature approved a bill stating that they cannot outsource state contracts abroad, he denied it. In the meantime, Romney plan to launch his counter attack by accusing the Obama administration was ineffective in generating jobs in the state.
Romney said throughout the election rally in Virginia that Obama is out of new ideas and now he is out of defense, in November they were going to vote him out of the position. Romney affirmed that the Obama administration has not generated any new contracts to bring up markets for American welfare.
He stated in the middle of applause that he will go to work to bring in markets and ensure that they will trade with them on a free and decent process, when they betray like China has betrayed, isolating intellectual property, their patents, designs, ideas and even their brand names.
He will going to compel them, the president said he would but eventually he did not. So he said that he will get some better jobs by dealings all over the globe. He added that the investors are wondering if the US dollar is tough to be worth of anything down the road, this is one of the reasons that intimidated people who are planning on investing in the state with capital and developing new businesses and organizations of all types. Because of all these shortcomings they were running up, trillion of dollar shortage each year.
REFERENCES:
http://www.ndtv.com/article/world/the-obama-romney-tussle-on-outsourcing-in-india-china-236502
http://www.samachar.com/The-ObamaRomney-tussle-on-outsourcing-in-India-China-mg1jKdhjieb.html
http://features.rr.com/article/08ie3RofGJadJ
http://en.keralabhooshanam.com/?p=13825
http://chinese247.co.uk/uncategorized/the-obama-romney-tussle-on-outsourcing-in-india-china/
