Bush Tries to Outsource the Deficit

Title: :: April Fools! Bush Tries to Outsource the Deficit ::

 

Are we doing it? Can it be done?  If foreigners and their central banks and treasuries buy US Treasury notes and bonds are we not doing exactly what Kerry says we can't.

 

If we radically increased our deficit to provide American jobs, training and investments in industries that will be necessary when the world gets wise to the value of real production and the risky nature of paper stocks and bonds, will we not have outsourced the deficit for the benefit of all nations--to the extent that they supply us today with peacetime needs (not weapons of war) and tomorrow (with their new technologies) supply themselves?

 

John Gelles

www.tiea.us

 

 

		President Bush shows how the outsourced deficit will go "over there" April 1, 2004 Washington, DC -- The White House announced today that President Bush will be sending legislation to Congress to outsource the deficit. "Outsourcing is the solution to all of America's problems," said President Bush. "If it worked for Andersen and McKinsey, it works for me." Bush's announcement is a dramatic extension of the Administration's growing support for offshore outsourcing, an increasing trend that has moved hundreds of thousands of jobs in manufacturing and service sectors from the U.S. to lower wage countries. In December, the Commerce Department hosted workshops at the 2003 Economic and Trade Conference to train American companies in outsourcing and to specifically encourage the exportation of jobs to China. In February, the President's Chief Economic Advisor said the "movement of U.S. factory jobs and white-collar work to other countries [is a] positive transformation." On an official trip to India in March, Secretary of State Colin Powell promised that the Administration would continue to support the outsourcing of American jobs. How outsourcing works for America Bush also explained why the world must take responsibility for America's deficit. "Why should every kid born in America be stuck with $35,000 in debt -- when we can just outsource it and stick it to every kid on the planet?" President Bush also indicated that outsourcing the deficit could help support multilateral cooperation in the war on terror. "And make sure that other countries pick up the tab for the war on terror -- that's multilateral cooperation for ya'!" President Bush's new plan flies in the face of Democrats' criticisms that providing economic incentives for companies to outsource risks America's prospects for economic recovery. John Kerry, the Democratic candidate for president, responded strongly to Bush's proposal: "Five years, not four, at Andover, and then Yale and Harvard and he still can't balance the budget? Pigs will have wings before this plan passes the Congress. Come November, let's outsource George W. Bush instead." April Fools! These are not actual Bush quotes. Like Bush's economic plan, this email is just a joke. George W. Bush takes the American people for fools. Let's show him we know better -- send this email to five friends now. John Kerry for President