Posts Tagged ‘doesn’t’

Share this: OFA.BO Tweet this OFA.BO According to a June 21, 2012 Washington Post article: “Bain…owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories…specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.”

US Senator Jim DeMint (R-SC) questions President Obama’s Federal Reserve Chairman Ben Bernanke how increasing interest rates will affect US debt payments. Bernanke stated that a 1% increase in interest rates would cause 0 billion per year increase in size of US debt, or trillion in new debt over 10 years. DeMint stated: “That’s real money.” Bernanke responded: “A trillion there, a trillion here… doesn’t make that much difference.”