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How many times have you heard Republicans attack Democrats for being big spenders? Well, the data shows something entirely different. Just think about it. When Bill Clinton left office, not only was the nation not in debt, but he left a surplus in the nation’s coffers. Fast forward eight years later and what do you find? A treasury that is so depleted that we turn to China for loans.
Isn’t it funny that our practice of sending companies off-shore to find sources of cheap labor is now making a 180 degree turnabout? Recently, a Chinese company opened in South Carolina and is hiring local workers who, a generation earlier, would have been displaced when the company went to China.
If Barack Obama is elected, we will be able to keep more businesses in this country because they will no longer be rewarded with tax cuts for sending jobs abroad.