Big League Economics
FLASHBACK: Mitt Romney Made Millions Outsourcing American Jobs to China
The Republican leader of yesterday and incoming Utah Senator Mitt Romney is attracting rebuke from conservatives and praise from progressives for an op-ed in the Washington Post attacking President Donald Trump’s “character,” repeating a long line of attacks in Trump’s direction accusing him of being unfit for office.
Some may have hoped for Romney to change his tune as an incoming Senator facing the prospect of working with the Trump administration, but seeing him reiterate the same accusations made in regards to Trump’s perceived personality qualities doesn’t exactly come as anything new. Romney and other old-guard establishment Republicans have been repeating the same rhetoric about Donald Trump’s “character” since the beginning of the 2016 Republican primary, at many times at the expense of an actual conversation about policy that affects the lives of Americans.
Romney benefits from a large national platform in part from his failed 2012 Presidential campaign. However, when his personal record is revisited, it appears unlikely that he’d be able to escape scrutiny for his destructive and suspicious record as the CEO of Bain Capital from Republicans and conservatives in 2016, “character” questions aside.
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Romney amassed a considerable personal fortune from his career at Bain, which on numerous occasions hollowed out American companies and cut costs by firing their domestic workforce, making up for the losses by creating jobs in extremely poor countries such as India and China.
Romney’s prolific practice of destroying American jobs to get rich off of Indian and Chinese dirt-cheap labor was brought to light in the 2012 campaign, ironically by the same platform- The Washington Post– which Romney chose to publish his op-ed in.
The reports highlighted a recurring trend of opportunistic decisions in which the jobs of hard-working Americans were simply cast off as inconvenient to the millionaires like Romney who made them. Bain outsourced American jobs as part of its corporate restructuring of companies such as Chippac, Stream and electronics manufacturer SMTC Corp.
At the time, protecting American jobs had been much more of a potent concern for American progressives, with the political right being beholden to a great extent by corporate interests and billionaire donors. Romney’s political realignment seems to reflect a broader political trend since then, in which American working-class and national economic interests have found themselves better represented within the Trump movement of the Republican Party. Meanwhile, the Democratic Party finds itself increasingly influenced by the wealthy and corporate interests who benefit from the same outsourcing of American jobs practiced by Romney throughout his corporate career. National Democrats spent more money on the 2018 election than Republicans, for the first time in ten years.
Many Americans across demographic and social lines simply have no reason to care about Mitt Romney’s “character.” His record of destroying American jobs for his own personal enrichment, however, simply represents a red flag that many on the political right would be far less inclined to ignore or forgive than they were in 2012.
Big League Economics
President Trump Promises to Protect Healthcare from Illegal Immigration
The President Reiterates His Strong America First Immigration Vision
Before an audience in Des Moines, Iowa on October 14, 2020, President Donald Trump highlighted his support for curbing illegal immigration.
In this speech, Trump made it a point to link illegal immigration with increased spending on healthcare at the federal and state level.
“[Joe] Biden’s agenda would be a catastrophe for Iowa seniors,” Trump stated in his speech.
Trump added:
take our poll - story continues belowCompleting this poll grants you access to Big League Politics updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.Biden is pledging mass amnesty and federal health care for illegal aliens, decimating Medicare and destroying your Social Security.
We all have a heart. I said all the time, I’d love to take care of everybody all over the world. The problem is our country can’t afford it.
If you started saying, ‘We’re going to give free education, we’re going to give you Medicare, we’re going to give you health care, we’re going to give you everything,’ our country will be flooded with millions and millions of people that are going to come from all over the world. They will decimate our country,. You can’t do it.
Biden cares more about illegal aliens than he does your senior citizens. It’s true.
In these trying times, Trump has to use his national populist appeal in order to win votes, especially among older voters. Trump has lost his edge with that demographic cohort according to an Axios report that was released in October 6:
Former Vice President Joe Biden has gained a more than 20 point lead over President Trump among voters ages 65 and older, two separate polls — one from CNN and one from NBC News and the Wall Street Journal — found.
Illegal aliens are known to be major beneficiaries of welfare largesse. According to a 2016 study by the National Academies of Science, Engineering and Medicine, mass migration runs state and local governments about $60 billion annually. Additionally, if the current crop of uninsured illegal aliens is allowed to enroll in the Obamacare program, the federal government could potentially be spending $10 billion annually, an estimate that the Center for Immigration Studies put forward back in 2019.
Bringing in more migrants would have healthcare and infrastructure costs balloon to rates that could strain America’s already delicate social services programs.
Neil Munro of Breitbart compared and contrasted Biden and Trump’s immigration platforms to detail the contrasts between the two canddiates respect visions for migration policy:
Trump’s 2020 plan offers broadly popular restrictions on immigration and visa workers.
But Biden’s 2020 plan promises to let companies import more college-trained visa workers, to let mayors import visa workers, to accelerate the multi-million inflow of chain-migration migrants, to end migration enforcement against illegal aliens unless they commit a felony, and to dramatically accelerate the inflow of poor refugees to at least 125,000 per year.
In short, Donald Trump is the America First candidate who stands up for American workers and socio-economic cohesion. In contrast, Biden is the globalist candidate that wants to break down American institutions for the benefit of Big Business and other interests who view the nation state as an antiquated construct.
In 2020, the choice is clear for anyone who believes in institutional stability and prosperity for the American people and their posterity.
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