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| Mar 10th, 2004 03:51 PM | |
| mburbank |
W DIGS OUTSOURCING NEW REPORT: Why Bush Supports Outsourcing Daily Mislead On the eve of his trip to Ohio to "focus on jobs,"1 President Bush claimed yesterday that "we're creating jobs - good, high-paying jobs for the American citizen."2 His comments come despite the country having lost more than 2 million manufacturing jobs since he was elected. In Ohio, which lost 270,000 manufacturing jobs alone, the economic crisis has raised questions about why the president last month strongly endorsed the outsourcing of U.S. jobs to cheap overseas labor markets. A look at the president's donors offers an answer.3 Misleader compared the companies that outsource the most U.S. jobs with the president's campaign finance records.4 The analysis shows that the president's campaign has pocketed more than $440,000 and his party more than $3.6 million in just 4 years. These companies have a direct stake in the president publicly supporting outsourcing and doing everything he can to water down or oppose legislation to curb the practice.5 The breakdown of campaign contributions is as follows: TOP OUTSOURCER: American Express Contributions directly to the President Bush: $39,000 Soft Money contributions to the Republican Party: $422,405 TOP OUTSOURCER: Bechtel Contributions directly to President Bush: $10,300 Soft Money contributions to the Republican Party: $465,150 TOP OUTSOURCER: Convergys Contributions directly to President Bush: $7,500 Soft Money contributions to the Republican Party: $5000 TOP OUTSOURCER: Dell Computer Hard Money to Bush: $40,250 Soft Money contributions to the Republican Party: $793,550 TOP OUTSOURCER: Delphi Automotive Contributions directly to President Bush: $10,950 TOP OUTSOURCER: Fidelity Contributions directly to President Bush: $164,908 Soft Money contributions to the Republican Party: $574,270 TOP OUTSOURCER: Ford Contributions directly to President Bush: $76,200 Soft Money contributions to the Republican Party: $268,257 TOP OUTSOURCER: General Electric Contributions directly to President Bush: $49,125 Soft Money contributions to the Republican Party: $756,987 TOP OUTSOURCER: Hewlett Packard Contributions directly to President Bush: $6,200 Soft Money contributions to the Republican Party: 29,000 TOP OUTSOURCER: HSBC Soft Money contributions to the Republican Party: $4,240 TOP OUTSOURCER: McKinsey & Co Contributions directly to President Bush: $19,500 Soft Money contributions to the Republican Party: $102,500 TOP OUTSOURCER: Sallie Mae Contributions directly to President Bush: $19,250 Soft Money contributions to the Republican Party: $261,000 Sources: 1. "Bush focusing on jobs in Ohio trip", MSNBC, 03/10/2004. 2. "President Commends Recipients of Malcolm Baldridge Awards", 03/09/2004. 3. "Jobs may be focal point in Ohio race", The Sacramento Bee, 03/10/2004. 4. NASSCOM FY02 Results. 5. "Senate pushes ahead with offshore outsourcing legislation", ComputerWorld, 03/05/2004. |
