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I'd like to see less complaining, and some actual real world examples of what can be done to increase jobs in the current economy? I want to see a solution that is outside of politics and doesn't favor one party or another.
Abolish the minimum wage. Drop the corporate tax rate to 0% and raise the top tax rates on capital gains and personal income to 35% on people making $1,000,000 and up and leave it the same for everyone below $1,000,000 year. Blanket amnesty. Open the borders. Make all drugs legal and available in small portions through the government.
Finally, form the American Union™with both North and South America (if you can). That's pretty bi-partisan if you ask me. It seems extreme but that's the direction it is going whether you like it or not. Fighting it will cost you trillions of dollars and leave you massively in debt and still just a smaller fraction of the planet. Right now you're 4.5% of the world's population but by 2025 you'll be 4% (by 2050 -- about the time you're $115 trillion in debt for your welfare programs-- you'll likely be 3.5%) and that trend will continue until all of those people of color consume your entire country.
Why not have them pay taxes? That's about the only way you'll make it out of the mess you're in, you're going to have to grow your voter/tax base.
Last edited by BigJon3475; 08-30-2011 at 12:19 PM..
Well, let's see now ... if you don't have a job, you don't have wages.
If your company can't grow (expand), you probably won't be getting a raise, if you're lucky enough to still have your job.
If the government votes that the minimum wage be increased, a lot of young people won't find summer or part time jobs, and some who do already have minimum wage jobs, may find themselves getting laid off.
This happens often with "extras" in an office, which are personnel that are not necessary, but have been hired to take some of the work load off of others — I know this to be true from personal experience where I once worked in a marketing department. We were told we would just have to take up the slack. You may not like that, but it happens.
There are many things that governmemt meddling does that affects wages. New regulations might because of their cost to business.
Obama hasn't done anything "on jobs", nor does he know what to do.
The GOP does know what to do. That's why nothing is going to improve till Obama is out of office.
I'm afraid we may not have "until Obama is out of office". The value of the dollar is falling, the country's credit rating has been degraded, and at least 4 countries are having meetings to replace the U S Dollar as the "world reserve currency". If they do that, you'll see triple-digit inflation and the great depression of the 30s will be like a walk in the park. Without attracting industry here, we won't survive. And, since Japan is talking about reducing corporate taxes, it will mean that the USA will have the highest corporate taxes in the world. Now, compete for places to get jobs. Obama is between a rock and a hard place because he can not cut spending, and he can not reduce the corporate taxes to get more companies into this country. And, until he is able to attract companies to invest in this country again, he can't do much about the jobs we don't have.
I'd like to see less complaining, and some actual real world examples of what can be done to increase jobs in the current economy? I want to see a solution that is outside of politics and doesn't favor one party or another.
I usually don't watch CNN for opinions/interviews but while flipping channels last night, that Mark Cuban was going to be on Pierce Morgan Live had me stick with it. Here is another self-made billionaire, agreeing with Warren Buffett (on taxes) in a response to one of the first questions. In fact, Mark went further and suggested that there should be no differentiation between capital gains and income tax. But his real point was on economic policies.
He did not mind at all, pointing at an utter lack of ideology driven politics. When asked about which republican candidate he believes would be good news, he said NONE of them as they are all unidirectional ideologues. When asked about Obama, he said that Obama's economic policies have failed without the President being at fault. It has to do with the current style of politics in Washington. However, he did say that Obama has disappointed him for not being firm and straightforward that he expected from him as a candidate.
Such opinions, coming from one of the richest men in America provide a completely different perspective than is available from the poor and middle class folks in a bickering contest at C-D and other discussion boards... often trying to represent the rich (if not pretending to be one).
He can propose, he can't do. He can point out those that will not do and his proposing a massive jobs initiative requiring infrastructure spending, would be well received by the majority of American people.
He'll propose another $1T stimulus. The House will refuse. He'll be blaming the Tea party. That's his strategy to get re-elected.
He'll propose another $1T stimulus. The House will refuse. He'll be blaming the Tea party. That's his strategy to get re-elected.
Much more than a trillion. A decade worth of infra spending would be appropriate, useful and put millions of tax paying people back to work. But you are correct, the GOP would not allow such a strong jobs plan to be enacted and if their refusal on that does result in putting people into the Congress that will work for jobs, so be it.
He can propose, he can't do. He can point out those that will not do and his proposing a massive jobs initiative requiring infrastructure spending, would be well received by the majority of American people.
By the majority?
"Infrastructure" is a code-name for union jobs.
Infrastructure targets a very, very small select group of people, namely those in heavy construction.
The vast overwhelming majority of the unemployed could never benefit from "infrastructure" jobs because they lack experience; because they lack skills; because they lack training; and because they lack the requisite qualifications.
The woman who just lost her IT job at Pay-Less is not going to benefit from "infrastructure" jobs because she is neither trained, nor qualified, nor experienced in operating a 42-ton road grader. She's not trained, qualified or experienced in driving a dump truck full of sand or gravel either.
She probably isn't even qualified to hold the little sign that says SLOW/STOP to guide on-coming traffic, because many States require safety training or certification to do even that.
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
Quote:
Originally Posted by florida.bob
Much more than a trillion. A decade worth of infra spending would be appropriate, useful and put millions of tax paying people back to work. But you are correct, the GOP would not allow such a strong jobs plan to be enacted and if their refusal on that does result in putting people into the Congress that will work for jobs, so be it.
"Insanity: doing the same thing over and over again and expecting different results". Albert Einstein
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What does the government have to do with wages?
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
