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 Until Dodd Frank is repealed, small banks, which make small business loans are going to go out of business because they can’t afford to pay the armies of lawyers and accountants needed to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 Until obamacare is repealed, businesses and corporations will not add new jobs because they have no idea what the healthcare costs will be for new hires.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/

Also see...

Related Articles

14

In Case Republicans In D.C. Haven’t Noticed, They’re WINNING The Shutdown Fight

FacebookTwitterEmail “Born down in a dead man’s town The first kick I took was when I hit the ground You

9

Initiate Secondary Protocol? Missouri ‘Leans Democratic’ Thanks To Akin

FacebookTwitterEmail Since Akin’s unfortunate and avoidable gaffe, AllahPundit of HotAir reported yesterday that the Cook Report has moved Missouri from

0

NY Times Notices Lots Of People Stuck In Part Time/Low Pay Jobs

FacebookTwitterEmail They can’t quite get over their extreme liberal bias to note that this is the state of the Obama

Share This

Share this post with your friends!