Published: Wednesday, July 17 2013 10:29 a.m. MDT
This country, with the urging of outlets like the Deseret News, is doing the
direct opposite of what it should be doing. What is it doing? It is pursuing a
policy of austerity - cuts across the board including cuts in the economic
safety net. The Deseret News thinks such cuts are harmless. Witness your
brushing off of sequestering funds at HAFB. We should be pursuing New Deal
type initiatives, but we are doing the direct opposite and things will not
improve for that reason. If we take the advice of the Deseret News we may end
up with an outright depression on our hands.
And yet the "highly respected religious, business, and civic leaders"
persistently push for things like the Gang of Eight bill, which would exacerbate
the problem by flooding the nation with 50 million or so foreign workers, thus
driving wages and job opportunities down even further.
Now is not the time to flood this country with more visas, and 11 millon plus
citizens. Now is the time to enforce current laws, and put Americans back to
work.The surplus labor bubble for business has burst. Work all your
life then have your government give away your job is not acceptable. It's
take the incentive to work away from millions of people.
Whether intentional or an unintended consequence, the inarguable fact is that
tax laws of the past 30 years have facilitated a massive wealth redistribution
away from the poor and middle class and towards the already-wealthy.In college, I could afford rent, food, clothes, pay tuition and keep my car
running with my 25 hr/week job that paid only a little better than minimum
wage.Try doing that now.In our parents' generation,
dad's income from his one job was more than enough for the family. Mom
stayed home and helped us with school projects.Today, it takes two
or more incomes to maintain anything resembling a middle-class family life.Why? Inflation-adjusted wages have been stagnant or even
declining for decades. Employers increasingly view employees as expendable,
fully fungible and no more important to the bottom line than the price of diesel
fuel.Then comes 2008 and the most severe economic collapse since the
Great Depression. Recovery is slowly being achieved, but largely through
technology-driven improvements in productivity, and fewer employees are
needed.Is it any wonder that temp jobs are booming?A
cure for this requires overhauling our wildly inequitable tax laws.
If there's a crisis of confidence in the country, it's only because we
just elected Jimmy Carter to his third term.
while there is generally a tie between fiscal policy and economic expansion,
they do not function in parallel.use a sports car, as an analogy.with continued government spending, the horsepower rating is 425.
reduce government spending, and the horsepower rating drops to 400. Still
PLENTY of power to go very fast.with Obamacare and BO's
declared war on the domestic coal industry, as well as his other anti-business
and higher tax policies, he is leaving the 8 speed sports car in 3rd gear, with
the parking brake on.take off the parkng brake and shift into higher
gear, and the 400 ponies will still move that car rapidly down the road.
Government cannot create jobs without using income taxes from the private
sector. The government has tens of thousands of lawyers - and there are tens of
thousands of lawyers in private practice who need more work. Government has
tens of thousands of social workers when tens of thousands of social workers are
looking for clients.If "goverernment" needs a service
performed, it should be required to hire businesses in the private sector to do
the work. Taxes revenues are over $1 TRILLION per year less than
spending. Until more PRIVATE SECTOR workers have jobs, income taxes will not
increase. Stealing money from the private sector by increasing the taxes
assessed to the "rich guy" only forces businesses to close. The net
result is less income tax collected.Part-time work is the direct
result of government mandates on business. Business owners cannot hire the
people they need without Obama telling them what benefits they have to
"give" their employees. One size does not fit all. Each business is
unique. Each employee is unique. Government mandates were proven futile in the
Soviet Union. Why is Obama forcing them on America?Get government
off our backs. Let the market work.
@ Marxist. Have you considered that it isn't "austerity" creating
these employment issues but actually the government's war on businesses
causing these problem? Obamacare mandates to employers for example? Government
over regulations perhaps? How about the highest corporate taxes in the world, do
you suppose that has an effect?
Mountanman: "Have you considered that it isn't 'austerity'
creating these employment issues but actually the government's war on
businesses causing these problem?"Reality check: The Dow is at
record highs, as are corporate profits and corporate cash reserves. Meanwhile,
the actual, real-world tax rates paid by corporations are at record lows and the
labor movement has never been weaker or more fractured.The "war
on business" is fiction.
The unfortunate truth is that the presidency of President Obama has set back
this nation 100 years in terms of workers and race relations. Not because of
his failures but because of the widespread intense effort to make him fail.At a time when we needed to be focused on the rebirth of freedom and
rights for Americans, many of our leading institutions, business, religion and
social have closed their doors, reduced investment and spending and in general
done every thing they could to punish the American people for electing President
@ Blue. Obviously you have never owned a business.
blue,checked the employment figures lately?tell the long term
unemployed, the under-employed, the part-timers and temps how wonderful the
stock market is doing. Go ahead, rub salt in their wounds.
So...According to one poster...The Obama Administration has failed miserably
simply because we wanted him to fail. This is absurd. We have families to feed, investments to grow, education to pursue, and dreams
to live. No one is putting all that on hold just to spite the public for voting
for our current President.BTW...The stock market inflation is simply
keeping up with the devaluation of the dollar. It is a poor indication of our
economic health. Employment participation, interest rates, subsidy levels and
so on, are better indicators of an economy's well being.What we
need? A fundamental change in our perceptions and values that can make a
free-market representative republic work. Core values of self
reliance and personal responsibility. If we can embrace these two
concepts above all else, then we can become the wealth producing nation that
stands as an example of the highest that human beings can be.We have
not been perfect, but we have shown the world the best that there has ever been!
European democracies usually have a labor party and a conservative (or some
other named) party that represents capitalists of investors. There is little or
no confusion on who each party represents. Its been a long time since labor had
strong political backing in this Country. Hence, part-time jobs, few if any
benefits, more women and children working and tough economic times for those
who try to make money by working. Corporate values are not family values and
never will be.
Ultra Bob, to say that businesses are purposefully failing to punish the
American people for electing Obama is silly. No businessman intentionally fails
just because he doesn't like the election results. Businessmen are
capitalists that want to be successful--and often work very hard to get to that
point. They are not going to flush all their work down the toilet for such
Businesses aren't hiring a lot of new, permanenet employees, because they
simply don't need them. Profits are at sky-high levels, and technology has
enabled greater productivity with fewer employees.With past
technology breakthroughs, employement has caught up to short-term technological
displacement of workers, but this gap between productivity and employment first
appeared in the year 2000 and (so far) shows no signs of abatement.This could be a very serious pressure point in the history of Capitalism. As
technology makes employees less necessary - such as Amazon's acquisition of
a Robot company that will help them eliminate warehouse jobs - this problem will
become worse. There are only so many pizza delivery positions available, and in
20 years the Google auto-car may be able to replace them.We may get
to the doomsday scenario where kids ask their parents, "what exactly are
people for, anyway?"
So the jobs situation isn't all that good... I could've sworn just a
day or two ago there was an editorial about how sequestration was no big deal.
atl134yeah, and a new species of dinosaur was just discoverd in utah. so
what's the connection?no more related thatn your comment
I can’t imagine that there are businessmen who purposefully cause their
business to fail. But that doesn’t mean that they would not do it if it
meant greater profit later. Closing their doors just means that they withdrew
from the market and sat idle on the side. They probably did not do any thing
illegal just immoral. I can think of no other reason for the hoarding of cash
other than the hope for greater profits later. In my lifetime there
has never been this level of hate and anger toward a president and the federal
government. I had never heard of the party-of-no before. I had never heard of
non stop TV and radio hate that goes on 24 hours a day, 7 days a week. But I
have seen and heard that kind of hate from some people all my life. To say it is only because of his policies is to deny truth.
@10CC "Businesses aren't hiring a lot of new, permanenet [sic]
employees.. ..technology breakthroughs.. ..very serious pressure point..
..doomsday scenario..."And all of these amazingly unprecedented
events in history just happened to synchronize with the implementation of
Obamacare. What a remarkable coincidence! And who could *ever* have seen this
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