U.S. Government Is Driving Tech Jobs Overseas

According to this CNET article, Intel CEO Paul Otellini accuses the U.S. Government of making business conditions so hostile they are likely to lead to "... an inevitable erosion and shift of wealth ..." 

That is a shift of wealth away from the United States.  One could argue that wealth has already been shifted and we are just waiting for our creditors to send us the bill.

My favorite quote: 

 "I think this group does not understand what it takes to create jobs. And I think they're flummoxed by their experiment in Keynesian economics not working."

He's hit the nail on the head.  While the U.S. Government has been preoccupied trying to shore up the housing market and redistribute wealth, they seemed to have forgotten that tax revenues come from the operations of the private sector.

Is it not to obvious that as these businesses leave they take jobs with them, leaving more of us unemployed and further reducing the tax base?  

Original article URL: http://news.cnet.com/8301-13578_3-20014563-38.html?tag=topStories1