June 3 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.
 
“It makes U.S. jobs more expensive,” Ballmer said in an interview. “We’re better off taking lots of people and moving them out of the U.S. as opposed to keeping them inside the U.S.”

Microsoft is just the only one that happens to be coming out with this. If you do not think that other companies will follow suit you are foolish.

Though in a bit of good news, Walmart intends to create new jobs:

BENTONVILLE, Ark. – As Wal-Mart Stores Inc. opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new positions.

Those positions include plenty of cashiers and stock clerks, but the world's largest retailer will also be adding store managers, pharmacists and personnel workers. 

What do you want to bed that the left is not happy with this though? They have been waging war with Wal-Mart for years. They would view this as 22,000 more indentured servants all because Wal-Mart is anti-union. I would never join a union!

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