Oops, He Did It Again! Obama Repeatedly Admits He Plans To Export Jobs

October 5, 2012

Oops, He Did It Again! Obama Repeatedly Admits He Plans To Export Jobs

Obama Accidentally Endorses Outsourcing Again, But His Disastrous Policies Have Already Sent Jobs Overseas

  • Yesterday afternoon, President Obama accidentally admitted for the second time that his plan to grow the economy is to “export more jobs” overseas.
  • While the President maintains his words were a “mistake,” the simple fact remains that the Democrats’ failed policies like the stimulus have created jobs in countries all over the world.
  • The Democrats’ record of outsourcing and supporting ObamaCare has been a disaster for middle class jobs, imposing burdensome new taxes and regulations that are forcing companies to send jobs to countries like China and Mexico.

Yesterday afternoon, President Obama accidentally admitted for the second time that his plan to grow the economy is to “export more jobs” overseas.

OBAMA YESTERDAY: “GROWING OUR ECONOMY BEGINS WITH A STRONG, THRIVING MIDDLE CLASS. THAT MEANS WE EXPORT MORE JOBS” (“Remarks By The President at Obama Rally in Denver,” C-SPAN, 10/4/12)

BUT THIS ISN’T THE FIRST TIME, AS OBAMA LAST WEDNESDAY SAID, “FIRST THING IS, I WANT TO SEE IS US EXPORT MORE JOBS”: (“Remarks by the President at Kent State University,” The White House, 9/26/2012)

While the President maintains his words were a “mistake,” the simple fact remains that the Democrats’ failed policies like the stimulus have created jobs in countries all over the world:

FACTCHECK.ORG: STIMULUS DOLLARS “DEFINITELY” WENT TOWARDS CREATING JOBS IN CHINA, CHINESE COMPANIES GOT $2.6 MILLION: “As we know from Choma’s exhaustive research, it is true that foreign-owned companies have received $2.4 billion in grants to build wind farms in the U.S. Choma gives this breakdown: Spain, $1.1 billion; Germany, $474.4 million; Portugal, $333 million; Australia, $178 million; Japan, $130.5 million; Italy, $84.2 million; France, $69.5 million; United Kingdom, $42.2 million; China, $2.6 million. Choma said wind turbines have 8,000 components and he found proof that some of them were manufactured in China and other countries. … In a blog post on Sept. 27, Choma wrote: ‘…we can’t say for sure how much of this stimulus money went to create jobs in China. Some money definitely did, but it is safe to say more money went to creating jobs in the U.S. and Europe.’” (Eugene Kiely, Lara Seligman, Lauren Hitt and Melissa Siegel, “Stimulus Jobs in China?,” FactCheck.org, 10/29/2010)

$69.5 MILLION FOR CREATING JOBS IN FRANCE: (Eugene Kiely, Lara Seligman, Lauren Hitt and Melissa Siegel, “Stimulus Jobs in China?,” FactCheck.org, 10/29/2010)

$130.5 MILLION FOR CREATING JOBS IN JAPAN: (Eugene Kiely, Lara Seligman, Lauren Hitt and Melissa Siegel, “Stimulus Jobs in China?,” FactCheck.org, 10/29/2010)

$178 MILLION FOR CREATING JOBS IN AUSTRALIA: (Eugene Kiely, Lara Seligman, Lauren Hitt and Melissa Siegel, “Stimulus Jobs in China?,” FactCheck.org, 10/29/2010)

$333 MILLION FOR CREATING JOBS IN PORTUGAL: (Eugene Kiely, Lara Seligman, Lauren Hitt and Melissa Siegel, “Stimulus Jobs in China?,” FactCheck.org, 10/29/2010)

$474.4 MILLION FOR CREATING JOBS IN GERMANY: (Eugene Kiely, Lara Seligman, Lauren Hitt and Melissa Siegel, “Stimulus Jobs in China?,” FactCheck.org, 10/29/2010)

$1.1 BILLION FOR CREATING JOBS IN SPAIN: (Eugene Kiely, Lara Seligman, Lauren Hitt and Melissa Siegel, “Stimulus Jobs in China?,” FactCheck.org, 10/29/2010)

DEPARTMENT OF ENERGY STUDY: 60% OF THE LARGEST WIND FARMS RECEIVING STIMULUS FUNDS “RELIED ON FOREIGN MANUFACTURERS FOR THEIR CENTRAL COMPONENTS”: (Tom Hamburger, Carol D. Leonnig and Zachary A. Goldfarb, “Obama’s Record On Outsourcing Draws Criticism From The Left,” The Washington Post, 7/9/2012)

EVEN SOME SENATE DEMOCRATS SLAMMED THE STIMULUS THEY SUPPORTED FOR OUTSOURCING: “In the wake of a new report revealing that a clean-energy grant program in the stimulus has paid out more than $1 billion to foreign manufacturers, U.S. Senators Charles E. Schumer (D-NY), Bob Casey (D-PA), Sherrod Brown (D-OH) and Jon Tester (D-MT) urged the Obama administration Wednesday to suspend the program indefinitely until the law can be fixed so that funds only flow to projects that will create jobs in the United States.” (Press Release, “Schumer, Casey, Brown & Tester Urge Obama Administration To Suspend Stimulus Program Funneling Billions Overseas,” Office Of Sen. Charles Schumer, 3/3/2010)

INVESTIGATIVE REPORTING WORKSHOP: 79% OF FIRST $2 BILLION WENT TO FOREIGN COMPANIES:  (Press Release, “Schumer, Casey, Brown & Tester Urge Obama Administration To Suspend Stimulus Program Funneling Billions Overseas,” Office Of Sen. Charles Schumer, 3/3/2010)

The Democrats’ record of outsourcing and supporting Obamacare has been a disaster for middle class jobs, imposing burdensome new taxes and regulations that are forcing companies to send jobs to countries like China and Mexico.

“THE FACT REMAINS THAT HIS POLICIES ARE EXPORTING JOBS, PARTICULARLY TO CHINA”: “The president’s media apologists will say it was not a gaffe, that he merely misspoke and corrected himself. But the fact remains that his policies are exporting jobs, particularly to China.” (“Obama Bumbles: ‘I Want to Outsource More Jobs,’” Investor’s Business Daily, 9/27/2012)

STUDY: OBAMACARE MEDICAL DEVICE TAX WILL SEND JOBS TO CHINA AND INDIA: “The United States is the world’s leading exporter of medical devices, and each new industry job adds more than four to the overall U.S. economy. An industry report claims that 43,000 U.S. jobs will be lost because of the tax, many of them to foreign countries such as India and China, where labor, taxes and raw materials are cheaper. That’s more than 10 percent of the nation’s 422,000 medical-device workers.” (Tony Pugh, “Medical Device Makers Push Congress to Repeal Excise Tax,” McClatchy News, 9/22/2011)

FORMER SENATOR BAYH (D-IN): PRODUCTION OF MEDICAL DEVICES MOVING TO EUROPE AND ASIA, KILLING AMERICAN JOBS: “As a result of the looming device tax, production is moving overseas, good jobs are going to Europe and Asia, and cutting-edge medical devices will now be produced elsewhere for import into the U.S.” (Evan Bayh, “Obamacare’s Tax Raid On Medical Devices,” Wall Street Journal, 9/28/2012)

JOBS HAVE ALREADY BEEN OUTSOURCED DUE TO THE MEDICAL DEVICE TAX: “Cook Medical is no longer planning to open a U.S. factory a year. Boston Scientific, planning for a more than $100 million charge against earnings in 2013, recently built a $35 million research and development facility in Ireland and is building a $150 million factory in China. (Capital goes where it is welcome and stays where it is well-treated.) Stryker Corp., based in Michigan, blames the tax for 1,000 layoffs. Zimmer, based in Indiana, is laying off 450 and taking a $50 million charge against earnings. Medtronic expects an annual charge against earnings of $175 million.” (George Will, “Taxing Jobs Out of Existence,” The Washington Post, 5/9/2012)

MEDICAL DEVICE ASSOCIATION SAID OBAMACARE’S MEDICAL DEVICE TAX COULD FORCE “43,000 JOBS OVERSEAS”: “The Advanced Medical Technology Association (AdvaMed) released a report Wednesday that says device-makers might ship 43,000 jobs overseas once the tax takes effect in 2013.” (Sam Baker, “Device-Makers Say Tax Will Cost 43,000 U.S. Jobs,” The Hill‘s ” Health Watch,” 9/7/2011)

40% OF MEDICAL DEVICE COMPANY LEADERS EXPECT TO RESORT TO LAYOFFS:“According to the survey of 190 financial executives from the medical device manufacturing industry, 40 percent of respondents said their companies are already contemplating actions such as price increases and cost reductions, including possible layoffs, as a way to stay competitive.” (Chris Reidy, “KPMG Survey: New Tax Could Hit Medical Device Companies Hard,” The Boston Globe , 4/18/12)

WELCH ALLYN: 10% OF WORKFORCE WILL BE CUT, JOBS WILL MOVE TO MEXICO: (Charley Hannagan, “Some Welch Allyn Accounting Jobs Will Move to Mexico,” The Syracuse Post-Standard, 9/11/2012)

OBAMACARE’S MEDICAL DEVICE TAX IS THE CAUSE FOR THIS OUTSOURCING TO MEXICO: “The moves are meant to prepare Welch Allyn to address the new ‘onerous’ U.S. Medical Device Tax scheduled to take effect next year under the Affordable Care Act, the company said.” (Charley Hannagan, “Some Welch Allyn Accounting Jobs Will Move to Mexico,” The Syracuse Post-Standard, 9/11/2012)

OBAMACARE’S MEDICAL LOSS RATIO MANDATE COULD FORCE EMPLOYERS TO “MOVE MORE JOBS TO CHEAPER-WAGE COUNTRIES”: “Moreover, the health care reform law could prod insurers to move more jobs to cheaper-wage countries. The new law requires companies to spend 80% to 85% of premiums on medical care, limiting the amount available for administrative expenses.” (Don Lee, “Worries Grow As Health Care Firms Send Jobs Overseas,” Los Angeles Times, 7/25/2012)

OBAMACARE “MAY BE A CATALYST FOR NEW FORMS OF OUTSOURCING”:“The Affordable Care Act, by increasing the number of people in the health care system and changing the way delivery is funded, may be a catalyst for new forms of outsourcing.” (George Lauer, “Outsourcing May Grow As Health System Evolves,”California Healthline, 8/2/2012)

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