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Originally posted by apacheman
reply to post by whyamIhere
The only way Obama can create jobs is to create a works program of some sort, and the only way that can happen is with congressional approval.
American businesses don't want to create jobs for Americans, but will happily use tax money to create jobs in foreign countries.
End tax subsidies for shipping jobs overseas or importing foreign workers.
Can't find qualifed Americans? Raise your wage offering and quit calling people out of work for more than six months automatically unqualified. Still can't find them? Then train them.
Until the real unemployment is under 8%, end all 501 worker import programs.
Originally posted by TheWalkingFox
reply to post by macman
No, actually they don't. Employment slumped after both the Reagan and Bush II tax cuts.
See, you're under the naive assumption that if you give businesses free money, they will reinvest it into the business, allowing expansion, increased wages or benefits, or more employment. The trouble is, that doesn't actually happen. The money is pocketed as personal wealth and the business - with its employment, wages, and benefits - remains static.
Trickle-down theory requires that businesses be deeply invested into their community. Unfortunately, that's not the case - that notion is seen as a dinosaur, an archaic, extinct relic of eons past. if you have an MBA, you learned that a community is to you what a coal seam is to a mining company; you extract everything worthwhile, then shut down operations and look for the next place. A community is seen as a resource to exploit for wealth, and nothing more. Once profit slows - not stops, slows - close up shop and move on. Wal-mart is a prime example of this.
You can give them all the tax cuts you want. It's simply not going to trickle back into the community. If you want wealth redistribution - after all, that's what trickle-down is supposed to be - then you need to cut out the profiteering middleman. Skim the top, inject to the bottom.
We don't need cuts, we need jobs
trea·son [tree-zuhn] Show IPA –noun
1. the offense of acting to overthrow one's government or to harm or kill its sovereign.
2. a violation of allegiance to one's sovereign or to one's state.
3. the betrayal of a trust or confidence; breach of faith; treachery.
trai·tor
[trey-ter] Show IPA
–noun
1.
a person who betrays another, a cause, or any trust.
2.
a person who commits treason by betraying his or her country.
Originally posted by hotpinkurinalmint
You know what this country needs more than anything?
Balance. The political factions need to act reasonably and retreat from their dogmatic positions.
We need Republicans to realize that raising taxes in certain circumstances and in certain ways is necessary for the economy. For example, hedge fund managers should not be paying less in taxes then their secretaries. Republicans also have to realize spending billions of dollars on the military also counts as government spending.
Democrats need to realize that some regulations are strangling businesses, while doing little or nothing to advance worthy causes like protecting the environment or protecting workers. Democrats need to realize that government needs to do something for the people, not just cut checks to people by handing out welfare or meaningless jobs in the government bureaucracy.
Tea Party members have to wake up and realize we live in the 21st century. We are no longer a former British colony made up of cotton plantations. We are (hopefully) an advanced economy that requires a strong federal government with an advanced infrastructure and complex regulatory framework to function.