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Old 07-02-2010, 08:22 AM
 
Location: it depends
6,369 posts, read 6,414,668 times
Reputation: 6388

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The agenda is anti-jobs, pure and simple. Econ 101 teaches that if you raise the cost of something, there will be less demand for it. The Obama agenda has put savage increases onto the costs of employment, and wants to pile more costs on. Whether they are aiming for it or not, the natural consequences are higher unemployment.

1. Health care reform is financed on the backs of employers. Those who can afford modest plans will have to spend a lot more; those who cannot comply will face fines. The touted "small business subsidies" will be available to lousy, failing businesses but not strong, vibrant ones.

2. The minimum wage, regardless of your ideology, eliminates opportunities for entry level workers. It makes it a crime for you to sell your labor to an employer if your skills are not worth the higher minimum wage.

3. The pro-union agenda is explicitly anti-jobs. Andy Stern, when he was running the SEI Union, said we'll have "more fairness, and fewer jobs." The UAW went from 500,000 members to barely over 50,000 members in 25 years--when you raise the cost of labor above its value, you make it unemployable over the long term. The 93% of the private workforce that is non-union pays, too, in higher costs for goods and services just to benefit a politically favored minority.

4. Labor is more valuable when it has capital investment behind it. FedEx employees would not be as valuable if all they had was wagons and handcarts. Capital investment provides the planes and trucks. Yet the agenda is hostile to capital--stealing it from Chrysler secured lenders and GM bondholders, castigating it at every turn--as if the financially successful got that way by stealing from the poor instead of the reality: providing goods and services that are useful to society and sold to free people in voluntary transactions.

This isn't about fairness or philosophy. It is the raw economic facts of life. The Obama agenda is extremely hostile to jobs and growth, a marked similarity to Franklin Roosevelt who took a 10% unemployment rate and ramped it up to 25% with the same sorts of policies.

I'm hoping 60% of us understand this, and in November deny Pelosi and Reid the votes needed to inflict further damage on the market for labor.
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Old 07-02-2010, 08:46 AM
 
Location: Tampa Florida
22,229 posts, read 17,869,709 times
Reputation: 4585
Quote:
Originally Posted by AeroGuyDC View Post
Any liberals care to defend this? Pelosi is your leader, so surely you agree with her, right?
She is correct. UE checks are virtually immediately spent in the economy. Hard to get a more rapid spending effort, which is her point. She is not implying that is the solution to the whole problem, all she is saying is, what effect that spending has, is immediate. It's kind of hard to argue with that.
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Old 07-02-2010, 09:30 AM
 
Location: Texas
2,847 posts, read 2,520,791 times
Reputation: 1775
Quote:
Originally Posted by malamute View Post
Pelosi is a pure idiot.

agree. actually with the majority on the hill the following fits:


Congress is a cesspool of liars, thieves, inside traders, traitors, drunks (one who killed a staffer, yet is still revered), criminals, and other low level swine who, as individuals (not all, but many), will do anything to enhance their lives, fortunes and power, all at the expense of the People of the United States and its Constitution, in order to be continually re-elected.
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Old 07-03-2010, 06:04 PM
 
Location: Missouri
406 posts, read 496,060 times
Reputation: 157
Quote:
Originally Posted by florida.bob View Post
She is correct. UE checks are virtually immediately spent in the economy. Hard to get a more rapid spending effort, which is her point. She is not implying that is the solution to the whole problem, all she is saying is, what effect that spending has, is immediate. It's kind of hard to argue with that.

You have to look at who gets this immediate expenditures. You are on UE so you will pay the bills, mortgage (banks) or landlord (property management company), power bill (largecompany), insurance (large company), etc. Small business drive this countries economy not the banks and insurance companies. I don't think Chase or State Farm need a little pick me up. Pelosi's logic is wrong! UE is great to help out in a pinch but 99 weeks, people are getting too lazy. Sometimes in life you have to take a step back to be able to take the next step forward.
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