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No matter what your politics are, you have to be concerned about the economy and the outlook for employment.
Free trade is a way to pay less for everything we need, and get more for everything we produce—yet the administration is hostile to it. Agreements already negotiated that would be beneficial to America go unsigned.
When jobs are the top priority, the administration champions policies that reduce employment. The minimum wage has priced many beginner jobs out of the economy, leading to massive unemployment among the young and low-skilled. The “card-check” and other pro-union proposals would result in more unemployment. Employer fines under health care reform depress employment. The drilling moratorium on safe companies with proven track records is costing tens of thousands of jobs. The effect of threatened regulation in many lines is to raise the cost of doing business resulting in less hiring.
Any carbon tax would have a negative effect on manufacturers, utilities, and any company or consumer that uses power. This will further reduce employment.
Capital investment is a problem when the administration seems to ignore property rights, claiming savers’ capital for social causes. New capital investments won’t be made until the threat is reduced. American companies are sitting on $1.8 trillion of cash balances—a record—because the outlook for money invested in property, plant, equipment, and jobs is so dismal due to government policies.
Tax policies don’t help either. We have a penalty on big multinational companies creating jobs in America by imposing one of the highest corporate tax rates in the world. Funny thing is, you and I pay those taxes anyway through higher prices for goods and services. So taxes we ultimately pay work as inducement to create jobs overseas.
The ironic thing is, we can see what these policies lead to by looking at Europe: lower long-term growth rates, lower standards of living, more unemployment, worse budget problems.
What do you think? What can we do to restore economic vitality, jobs, and growth in America? How do we get the message to President Obama and the congress?
Last edited by marcopolo; 06-29-2010 at 07:32 AM..
Reason: typo
I kind of agree with you except for the free trade comment. I too completely favor free trade, but only if currencies are allowed to "drift" to their appropriate level. In addition, we need to consider some secondary factors too, such as should we allow free trade from products produced from defacto "slave labor".
So, I also support minimum wages, and think this should even be more of an international concept.
Easy to support in theory, but real life gets a bit messy.
No matter what your politics are, you have to be concerned about the economy and the outlook for employment.
Free trade is a way to pay less for everything we need, and get more for everything we produce—yet the administration is hostile to it. Agreements already negotiated that would be beneficial to America go unsigned.
When jobs are the top priority, the administration champions policies that reduce employment. The minimum wage has priced many beginner jobs out of the economy, leading to massive unemployment among the young and low-skilled. The “card-check” and other pro-union proposals would result in more unemployment. Employer fines under health care reform depress employment. The drilling moratorium on safe companies with proven track records is costing tens of thousands of jobs. The effect of threatened regulation in many lines is to raise the cost of doing business resulting in less hiring.
Any carbon tax would have a negative effect on manufacturers, utilities, and any company or consumer that uses power. This will further reduce employment.
Capital investment is a problem when the administration seems to ignore property rights, claiming savers’ capital for social causes. New capital investments won’t be made until the threat is reduced. American companies are sitting on $1.8 trillion of cash balances—a record—because the outlook for money invested in property, plant, equipment, and jobs is so dismal due to government policies.
Tax policies don’t help either. We have a penalty on big multinational companies creating jobs in America by imposing one of the highest corporate tax rates in the world. Funny thing is, you and I pay those taxes anyway through higher prices for goods and services. So taxes we ultimately pay work as inducement to create jobs overseas.
The ironic thing is, we can see what these policies lead to by looking at Europe: lower long-term growth rates, lower standards of living, more unemployment, worse budget problems.
What do you think? What can we do to restore economic vitality, jobs, and growth in America? How do we get the message to President Obama and the congress?
IMO, it Obama wants to tear down the country to rebuild it.
All "free trade" means is that the big corporations can leave the country and dump the costs of running this country and it's huge socialist programs onto the few private businesses that remain.
Companies that hire Americans are penalized with higher wages, taxes, benefits, while those that go for the cheap third world labor profit immensely.
It's not capitalism that caused companies going over seas, it is the government that caused it. The government can fix it too, but this administration won't ever do such a thing. You know how they can fix it? They can offer incentives for companies to come back here or stay here and hire LEGAL Americans. The government is responsible for setting/destroying the atmosphere for profitable business.
It's not capitalism that caused companies going over seas, it is the government that caused it. The government can fix it too, but this administration won't ever do such a thing. You know how they can fix it? They can offer incentives for companies to come back here or stay here and hire LEGAL Americans. The government is responsible for setting/destroying the atmosphere for profitable business.
Meanwhile the government absolutely persecutes an American capitalist trying to build something here in this country and employ and invest in America.
The American businessman is struggling (probably in vain) to keep it all propped up. The internationalists are winning the battle with a lot of help from the government.
No matter what your politics are, you have to be concerned about the economy and the outlook for employment.
Free trade is a way to pay less for everything we need, and get more for everything we produce—yet the administration is hostile to it. Agreements already negotiated that would be beneficial to America go unsigned.
When jobs are the top priority, the administration champions policies that reduce employment. The minimum wage has priced many beginner jobs out of the economy, leading to massive unemployment among the young and low-skilled. The “card-check” and other pro-union proposals would result in more unemployment. Employer fines under health care reform depress employment. The drilling moratorium on safe companies with proven track records is costing tens of thousands of jobs. The effect of threatened regulation in many lines is to raise the cost of doing business resulting in less hiring.
Any carbon tax would have a negative effect on manufacturers, utilities, and any company or consumer that uses power. This will further reduce employment.
Capital investment is a problem when the administration seems to ignore property rights, claiming savers’ capital for social causes. New capital investments won’t be made until the threat is reduced. American companies are sitting on $1.8 trillion of cash balances—a record—because the outlook for money invested in property, plant, equipment, and jobs is so dismal due to government policies.
Tax policies don’t help either. We have a penalty on big multinational companies creating jobs in America by imposing one of the highest corporate tax rates in the world. Funny thing is, you and I pay those taxes anyway through higher prices for goods and services. So taxes we ultimately pay work as inducement to create jobs overseas.
The ironic thing is, we can see what these policies lead to by looking at Europe: lower long-term growth rates, lower standards of living, more unemployment, worse budget problems.
What do you think? What can we do to restore economic vitality, jobs, and growth in America? How do we get the message to President Obama and the congress?
Obama's policies are designed to kill jobs, not create them. We do not need another marxist idealist in office in 2012. Witness Barry the job killer-
1. increase in buisness and corporate taxes
2. increase income taxes (lapse of Bush tax cuts)
3. increased taxes for Obamacare
4. Increased banking regulations with retriction of capital
5. Threat of VAT tax
One could not design policy better to increase unemployment. Barry wants the system to fail so that he can usher in more authoritarian socialist policies to "fix" the problems he has created.
Impeach Obama- save the nation.
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