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29 Jan 2012

Misdirected ire

"Mr. Obama has to grandstand in the remaining period of his Presidency. It is, therefore, natural that hit out at the outsourcing of jobs, yet again, though this time his ire was directed mostly against manufacturing companies.

The Hindu : Opinion / Editorial : Misdirected ire: The President proposed that companies which outsource jobs should be denied tax benefits just as those that create them in the U.S. should be rewarded."

It can only be hoped that such populist rhetoric does not get sanctified as legislation in the run-up to the election.

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