Thursday, March 04, 2004

Bill aims to curb offshoring
Last modified: March 3, 2004, 5:20 PM PST
By Declan McCullagh
Staff Writer, CNET News.com


In a move designed to make U.S. companies think twice about sending jobs overseas, a group of politicians is proposing a novel way to punish them for it.

A new bill, drafted by Socialist legislator Bernard Sanders and backed by a few dozen Democrats and Republicans, would slap limits on federal grants to companies that fire U.S. workers and hire replacements abroad.

"People who are working in technology jobs know the threat to their jobs right now," said Sanders spokesman Joel Barkin. "They've seen their jobs going over to India by the hundreds of thousands, if not millions. What this legislation would do is encourage these companies to think twice before shipping over these technology jobs." (Full Story)

No comments:

Post a Comment

Please do not promote businesses that are not about keeping the environment clean or renewable energy via comments on this blog. All such posts will be reported as spam and removed.