Sunday, September 13, 2015

FLASHBACK: National Review: Carly Fiorina: Robber Baron, Traitor — and Outsourcer! By Victor Davis-Hanson

By Victor Davis-Hanson, Sept. 29, 2015, National Review

One of Sen. Barbara Boxer’s sharpest charges against challenger Carly Fiorina is that, as CEO of Hewlett-Packard, she allowed thousands of jobs to be outsourced overseas — depriving U.S. workers of income while piling up profits for executive grandees like herself. 


Outsourcing of both manufacturing and service jobs has become a wedge issue. It stings especially when times are tough. By Election Day, outsourcing will be portrayed as equivalent to child-molesting in its depravity. But the charge of greed and lack of economic patriotism is disingenuous for a variety of reasons. 

Remember that outsourcing can be insidious — it knows no political bounds. When presidential candidate Sen. John Kerry once equated outsourcing with treason by promising to go after “any Benedict Arnold CEO or company [that moves] jobs overseas,” he was forgetting that his wife’s billion-dollar-plus fortune and thus his own luxury power boat were derived from the profits of the American-based H. J. Heinz Company, which made such gargantuan profits in part because it moved dozens of its American operations all over the globe. Take the most liberal icons of the business world — from Bill Gates to George Soros — and you will find ownerships of, or investments in, American companies that outsource production overseas.

More: www.nationalreview.com

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