Posted on 10/05/2009 9:22:59 AM PDT by SeekAndFind
For President Obama and his party, last week brought another stiff dose of pain: the announcement of 263,000 more jobs lost, while unemployment ticked up to 9.8 percent.
And by all indications, Democrats must endure that form of political torture for at least several more months. Whatever the fate of health care legislation, persistently high unemployment has made “Where are the jobs?” the most potent Republican campaign argument as next year’s midterm elections come into view.
Publicly, White House aides and Congressional leaders have responded with incessant attempts to highlight benefits from the $787 billion economic stimulus package they enacted earlier this year. Privately, Mr. Obama’s economic advisers are sifting options for a new package of tax cuts and other job creation measures to be unveiled in next year’s State of the Union address — or earlier if pressure for action becomes irresistible.
Republicans entered the age of Obama with hope in the traditional pattern of midterm election losses by a president’s party. But now unemployment trends have heightened their confidence that their political luck has turned more sharply and rapidly than most Republicans had expected.
“It is the Democrats’ turn to go through the historical meat grinder,” said Representative Tom Cole of Oklahoma, a Republican strategist who says he sees his party on track to gain 15 to 25 House seats. “So far they don’t have much to brag about, and the political clock is ticking.”
(Excerpt) Read more at nytimes.com ...
- Cut corporate and individual taxes
- Behave in a consistently pro-business (not pro-union) manner in general
- Cut government spending dramatical
- Permit exploration and drilling for oil and gas (and mining shale oil) everywhere in the U.S. and offshore.
- Eliminate the minimum wage
No Jobs jobs jobs without profit profit profit.
What does that tell you?
Of course, companies will layoff people while making a profit. Because, if they don’t profits will shrink and the ability to survive as a company will become more difficult. Stock holders expect a return on the investment. If no profits are being made then the stock price nose dives. Soon the company is worth less than it’s assets and is bought and it’s assets are sold off.
Because productivity is WAY UP! HOORAY! Now people are doing 3 former co-workers' jobs.
I'd be happy to explain that apparent contradiction to you unless all you wanted to do was to say something simplistically clever.
The GOP must become the party of Jobs. Even Hitler knew that the people want to work and he gave them things to do to build personal and national pride. In the end joblessness will doom Obama and end anything that he tries to do.
Companies don't want to support any more people than they need. They only want to make profits.
The fewer mouths to feed, the greater the profit.
If there is no profit, then they have to get rid of employees because a company is not in the business of supporting them.
However, if a company does make profit, the shareholders will demand that they make more profit.
In order to make more profit, they must do more business, that forces them to hire more employees.
If the government demonizes profit and confiscates it, there is no justification for the business to continue taking the risk of hiring employees, if for no other reason that it costs a lot of money to lay off or fire someone.
But if profit is venerated, a business will be forced by its shareholders to bring more profit in, and therefore must take the risk of hiring more employees.
Once you disabuse yourself of the notion that a company is in the business of providing a living to as many employees as possible, this dynamic will become clear to you.
Since small businesses have the potential for an exponential rate of growth, the possibility that they will increase then number of their emplyees is greater than that of a large business.
But that's only if they are left alone to their own devices and may keep their profits to grow the company.
Once profits disappear, employees disappear.
If a company does not grow, but instead increases efficiencies, employment will decrease, as it should, given the imperative of continual improvement.
Hiring more employees to maintain the same volume means that profits will suffer. So you have to have growth (top line)
Employment growth comes from an expansion of business, which will not happen unless the shareholders get to keep the profits.
SonOfDarkSkies wrote:
Cut corporate and individual tax RATES (tax revenues will increase as result...and should be used to reduce the deficit)
I agree with you. Any new revenues should be used to reduce the deficit and pay down debt. But when has the GOP ever done this?
The Dems are the party of Marxism. They believe in “from each according to ability, to each according to need.”
The Republicans have demonstrated that they are the party of “sustainable socialism.” They believe in “from each as much as we can get, and if we can get more by reducing the rate, that works for us. To each a bit more than we can afford, but still more than the Marxists can actually deliver.”
Without a major shakeup in party leadership, and a well crafted message of conservative principles, the Republicans can’t be trusted.
As for an actual remedy, I think you have your top priorities upside down. I suggest:
| From the desk of cc2k: |
My list wasn’t meant to be in priority...but thx for your mention.;-)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.