Wednesday, April 26, 2017

Betraying 'Hire American' Pledge, Trump Rewards Companies Offshoring US Jobs

In yet another reminder of how corporate-friendly the Trump administration has been—despite campaign pledges to defend American workers and "buy American, hire American" rhetoric—a new study out Tuesday reveals that the president continues to reward U.S. companies who ship jobs overseas.
According to the analysis (pdf), conducted by Good Jobs Nation along with Public Citizen's Global Trade Watch, "the flow of federal contract awards to major offshorers has continued unabated since Trump's inauguration."
"Even though he's signed over 60 executive orders during his first 100 days, he has yet to use the power of the pen to stop corporations that receive taxpayer dollars from shipping American jobs overseas."
—Joseph Geevarghese, Good Jobs Nation
The outsourcing of American jobs to other countries is a major issue for American voters, and helped propel President Donald Trump's victory in a number of economically distressed rust-belt states.
Despite this, as many as "56 percent of the top U.S. firms awarded the largest taxpayer-funded contracts in fiscal year (FY) 2016 engage in offshoring," the report notes. Further, 41 of the top 100 federal contractors—which in 2016 received a combined $176 billion in taxpayer dollars—have shipped jobs overseas and "many continue to do so today."
And while the president has not hesitated to wield his authority on a host of other matters, he has yet to take substantive action to bring back these jobs.
"Even though he's signed over 60 executive orders during his first 100 days, he has yet to use the power of the pen to stop corporations that receive taxpayer dollars from shipping American jobs overseas," said Joseph Geevarghese, director of Good Jobs Nation.   
Moreover, the analysis notes that Trump's "highly publicized intervention against United Technolo. Readgies' plans to offshore more than 2,000 jobs to Mexico from the Indiana-based manufacturing plants of its subsidiary Carrier," still ultimately led to the offshoring of more than 1,000 jobs.  Read full story here 

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