There’s a good rule of thumb–you get what you reward.
Here’s a summary of current U.S. policy towards big corporations: Invest in the U.S., create jobs, and get sued by the government.
You would think that during a business investment drought, any company that puts big money into the U.S. would be patted on the back. But no…
AT&T is the company which is putting the most money into the U.S….almost $20 billion in capital spending in 2010. AT&T is also planning to bring back call center jobs from overseas. AT&T is also getting sued by the Justice Department to block the merger with T-Mobile.
Frankly, this sends a signal to U.S. companies that getting out of the reach of government regulators by going overseas is the right strategy.