Outsourcing Jobs
In Congress, as a Wall Street banker and on corporate boards, Congressman Kasich consistently supported policies that undermined American workers and outsourced American jobs.
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| In 2001, Kasich became a director of Invacare, a healthcare equipment manufacturer in Elyria. | “Former Congressman joins Invacare board.” Plain Dealer, 3/3/2001. |
| Congressman Kasich voted for permanent free trade with China, which opened the door for a flood of cheap Chinese imports that affected Invacare’s ability to compete and paved the way for outsourcing. | H.R. 4444, Roll call vote #228, 5/24/2000. “On the Record.” Plain Dealer, 7/16/2006. |
| Then, Kasich personally signed off on a policy of outsourcing jobs from Invacare’s Ohio facilities to China and Mexico. | Invacare Annual Reports to Shareholders, 2005-2010. |
| Since leaving Congress, Kasich’s repeated votes to outsource jobs have helped him make millions on Wall Street and on corporate boards. | Hershey, William. “Kasich Made $1.1 M in 2008.” Dayton Daily News, 4/2/2010. |
| And Kasich was richly rewarded for his time at Invacare, earning hundreds of thousands of dollars in cash and stock compensation. | Invacare Security and Exchange Commission Filings, 2002-2010. |
| Kasich even accepted a pay raise in 2006, the same year hundreds of jobs were outsourced to China and Mexico. | Invacare Security and Exchange Commission Filings, 2006-2007. Pearce, Bette. “Invacare slashing 225 jobs in Elyria; work to be done in China, Mexico.” Chronicle-Telegram, 2/15/2006. |
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