Thanks to President Bush’s leadership, we have experienced record growth in the exportation of American goods abroad.
Sadly, not.
Outsourcing Bonuses
Chief executives of U.S. companies that outsourced the greatest number of jobs reaped bigger pay and benefits last year, according to a new study of executive compensation being released Tuesday.
Average CEO compensation at the 50 companies outsourcing the most service jobs rose by 46 percent in 2003 from a year earlier, compared with a 9 percent increase for CEOs at 365 big companies overall, the study by the left-leaning Institute for Policy Studies and United for a Fair Economy found.
Outsourcing of jobs has become a sensitive issue, and President Bush has largely avoided the subject in public appearances during the political campaign. Some of his economic advisers have said that exporting labor to low-cost countries will reduce business costs, boost companies’ financial performance and thereby improve the U.S. economy.
Of course this study doesn’t establish a causal relationship between outsourcing and CEO pay. But it is an interesting how those CEOs have fared.
Speaking of outsourcing, yesterday Lou Dobbs had a lively discussion on it with Congresswoman Ann Northup (R-KY) (starts about 2/3 of the way down the page. It was refreshing to see a TV host actively challenging the assertions a politician made rather than just allow her to mindlessly rattle off the standard talking points.
Fair Use
When does “fair use” of copyrighted material not mean fair use? When you representing big media companies. The only real surprise here is how blatantly Mr. Valenti misrepresents the law.
GOP Class
Nice.
Time Interview
Time apparently caught President Bush in a chatty mood in a recent interview. Among other things, Bush blames the post-war mess in Iraq on the American military’s “catastrophic success.” Hmm, is that also the problem with our economy? Did the Bush tax cuts bring about catastrophic economic growth?
Bush also revealed that he doesn’t pray for Saddam Hussein. (“But I tell you: Love your enemies and pray for those who persecute you.” ).
Given how much of an influence Bush’s faith supposedly is over him, wouldn’t it be interesting to have a reporter who is well-versed in Christianity interview Bush on how his religion shapes his world view? Not just the standard questions on abortion and gay marriage. I’m talking about the morality of war, human rights, religious diversity, America’s “moral” responsibilities in the world, the Middle East–that kind of thing. Questions that go beyond, “how important is your faith to you?”
If Bush’s faith is that significant to him (it is used as a selling point for religious conservative voters), shouldn’t voters know how it may influences his policies?
Voter Motives
Just heard CNN’s gray bearded one repeat another GOP talking point in asking if the protestors marching yesterday were there because they were upset at President Bush or because they liked John Kerry. The implied meaning of this being that people really don’t like Kerry, they just lean that way because they are emotionally-driven Bush haters.
Really, how often in 2000 do you recall the media asking whether those supporting George W. Bush did so because they liked Bush rather than because they disliked Gore?