Big U.S. companies are creating plenty of jobs – it’s just that most of them are overseas.
Click here to read this great analysis by Wall Street Journal reporter Scott Thurm. It quotes experts saying this trend isn’t necessarily at the expense of jobs in the U.S. These companies are doing the hiring abroad because they’re expanding into global markets and need people there instead of here.
Maybe some of those other countries can start giving these big businesses some more corporate welfare.
The idea that the people should support large corporations because large corporations create jobs is slowly being turned on its head as the globalization game plays itself out.