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 Until Dodd Frank is repealed, small banks, which make small business loans are going to go out of business because they can’t afford to pay the armies of lawyers and accountants needed to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 Until obamacare is repealed, businesses and corporations will not add new jobs because they have no idea what the healthcare costs will be for new hires.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

Related Articles

1

The Chase: Why Young Men Hesitate to Pursue Counter Cultural Young Women

FacebookTwitterEmail by: Anna Maria Hoffman:  These days, our culture is very hypersexualized, constantly presenting an overly sexualized, aggressive woman as the

5

America: Too Big To Fail? No. And Who Will Lose Most? The Youth.

FacebookTwitterEmail Great video from the College Republican National Committee: Is America too big to fail? Is President Obama playing with

1

Obamacare Costs $1.9 Trillion AND Still Leaves 30 Million Uninsured

FacebookTwitterEmail Since the 5-4 decision to uphold Obamacare as constitutional through the taxing authority of Congress, the CBO gave their

Share This

Share this post with your friends!