Blame Corporations?


Would you hire people purely out of national loyalty knowing that doing so meant your company would eventually become fiscally insolvent?

Corporations, like any business, are in business to make profits. Jobs are the byproduct of profits, not the other way around. Until U.S. corporate tax rates are cut to globally competetive levels, the corporations will outsource jobs overseas in order to make profits for their investors. Unless capital gains taxes are reduced to globally competetive levels, private capital is disincentivized to invest in America. Until Dodd Frank is repealed, small banks, which make small business loans are going to go out of business because they can’t afford to pay the armies of lawyers and accountants needed to comply with the new regulatory burdens. Unless EPA regulations are reduced to levels that allow manufacturing to become cost effective, there will be no new manufacturing. Until obamacare is repealed, businesses and corporations will not add new jobs because they have no idea what the healthcare costs will be for new hires.

You can blame big corporations all you want for shipping jobs overseas but in doing so, you’re completely missing the point that corporate decisions to ship jobs oversears are a reaction to the real problem. High tax burdens, excessive regulations and big government interference in private businesses and private industries.

http://mjfellright.wordpress.com/2011/10/12/blame-corporations/

Trending Today

Related Articles

37

Angry Man Shows Up To Give Tired, Recycled Speech

Did I watch the speech? No. I went to the gym. Did I listen to it on my MP3 player

0

Cost of Obama’s 2012 Regulations: $236 Billion

Despite Obama’s promise to cut unnecessary regulations, his administration issued $236.7 billion in new regulations in 2012. According to a

17

President Obama, Nancy Pelosi and Alvin Greene: The Three Economic Stooges

Evidently, not only are Democrats not creating or saving jobs, but it appears as if they are in cahoots to