Posted on 11/13/2009 7:50:50 AM PST by demsux
-snip- “Washington is doing everything in their manpower, capability, to destroy U.S. manufacturing,” Farr said at a Baird Industrial Outlook conference in Chicago, Bloomberg News reported. “Cap and trade, medical reform, labor rules … I’m not going to hire anybody in the United States. I’m moving. They are doing everything possible to destroy jobs.” -snip-
(Excerpt) Read more at stlouis.bizjournals.com ...
Those CEO’s who go along and make nice will get favors and those who don’t will be punished. I’m that the DOD and other Govt departments are now searching up coming purchases to eliminate contracts for Emerson.
Emerson does far more than manufacturer garbage disposals..they just aren’t out there like GE.
Tax rates did not cause today’s unemployment problem and changing rates won’t fix it. The problem is exporting jobs with deficit trade agreements.
Corretc!
How about you CEO's doing something about putting real Americans back to work and stop hiring illegals and I'll listen to you. Until then , I could care less what the democraps do to you.
sheesh
The jobs go overseas regardless of the tax rates. How about bringing all the jobs back and returning to the tax rates of Reagan?
Have you ever taken an economics course?
Suggest you read the papers on where jobs are being created and live in the real world not in the world of economic theory.
Sheesh
Government meddling in business and finance HAS caused today's unemployment problems. Excessive taxes hurt business.
Business failures are also caused by today's credentialism - like hiring MBAs (Master BS Artists) to manage businesses that they haven't got any experience in or a clue how to run. It extends further - we now have "Human Resource Managers" instead of personnel clerks, Certified Six Sigma Black Belts instead of process engineers, master's degree and above Quality Engineers where we should have line inspectors, etc.
Moving companies out of the US has resulted from all of the above.
Genuine free trade doesn't hurt overall, it helps.
I have owned and run two businesses...how about you?
Have you ever taken an economics course?
I have. That's where I learned that there are more economic factors involved than just the tax rate.
Sheeeesh.....
sheesh
You mean companies like I.G. Farben, Krupp, Thyssen, Fordwerke, Siemans, Deutsche Bank, International G.E. and IT&T?
What is called free trade is government to government negotations.
Real trade is we buy product from you and you buy product from us. It is not we buy product from you and send you jobs, factories and Treasuries in return. Real trade would help.
The single most important thing someone could do would be to find an alternative to oil. It would cut the trade deficit by more than half, it would starve our enemies in the middle east, and the money we were spending overseas would go back into American owned and operated power facilities.
The problem is, the oil lobby benefits substantially from a falling dollar led by trade and budget deficits. With the dollar weak, oil prices increase because they are denominated in dollars. Thus, reported profits increase, along with stock market capitalization, dividend payouts, and political influence as the sector becomes a bigger percentage of the total economic pie, providing greater access to Congress and the White House.
From the oil companies' perspective, this is good business. From a national perspective, it's horrific. The best thing we could do would be one of the following: 1.) coming up with domestic oil supplies by drilling here, 2.) obliterating the oil industry by passing $100 per barrel taxes giving a 3 year warning, causing the free market to come up with alternatives within about 12 months (there is no way Wal-Mart and General Electric are going to shut their doors; look at the hundreds of millions of dollars the former saved by tinkering with the engines in its truck fleet last year), 3.) offering some incentive, like $10 billion in prize money to the person or family that comes up with a replacement for the automobile or energy creation, or 4.) switching entirely to United States based coal or natural gas.
The bottom line is that from a national security perspective, as well as a financial and jobs perspective, most of our problems are caused by the level of energy imports. That money should be generated by, and stay within, the United States borders if only by virtue of the fact it would make us more secure in the event of the next global war.
Your ideas are too good to ever be implemented. Short term gains trumps long term reason.
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