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Obama calls for tax breaks to return jobs from abroad

from The New York Times

President Barack Obama said recently that he would propose tax incentives for companies to bring home manufacturing jobs they had moved overseas, and curtail tax breaks for those that keep relocating jobs abroad. Flanked by executives from the aerospace, chemical and furniture industries — all of whom are building or expanding factories in the United States — Obama declared that the nation was beginning to see the reversal of a long-term trend toward outsourcing. He called the new trend, perhaps inevitably, "insourcing." more


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