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 Until Dodd Frank is repealed, small banks, which make small business loans are going to go out of business because they can’t afford to pay the armies of lawyers and accountants needed to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 Until obamacare is repealed, businesses and corporations will not add new jobs because they have no idea what the healthcare costs will be for new hires.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

5

Eugene Robinson: Hey, We Need To Talk About Why People Are Scared Of Young Black Men

Eugene is not a happy man….but, then, are Liberals ever happy? (Washington Post) Justice failed Trayvon Martin the night he

24

Congress Getting Rich as It Bleeds Us Into Poverty

Despite the awful state of the economy, one sector has been booming. Unsurprisingly, it’s the one that benefits at the

12

Attacking Arizona Blows Up in San Diego’s Face

When the sanctimonious liberal twits running San Diego joined San Franfreakshow, La-La Land, etc. in denouncing Arizona for taking a