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Obama administration temporarily waives demand for corporate ‘economic patriotism’

By Doug Powers  •  August 5, 2014 01:36 PM

**Written by Doug Powers

Remember President Obama’s call to U.S. corporations to embrace “**economic patriotism” and to invest in America instead of heading overseas?

(**If corporations aren’t people, then how can a non-person be patriotic?)

So, after demanding more “investment” in the U.S. from corporate America last month, the second half of the administration’s Obamanomics seminar goes like this:

Obama has pounded corporations for going overseas to take advantage of tax loopholes, which has to mean that none of this $14 billion in corporate investment in Africa was reeled in with tax incentives, right?

We may never know, because of the historic levels of transparency and all that:

The White House declined to give specifics of the projects involved.

**Written by Doug Powers

Twitter @ThePowersThatBe

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