Thursday, September 8, 2011

Jobs and the Economy a National Priority of the American People in January 2010–Pew Research.


In January, 2010, the Pew Charitable Trust did a survey of what the top priorities for the American People were and what should be the priorities for the Obama Administration.[Pew%2520Research%253B%2520the%2520People%2527s%2520Priorities%25201.24.10%255B2%255D.gif]image


Nineteen months later, the President is beginning to focus on the economy and jobs.


What’s that you say?  That I am wrong because the Stimulus Packages focused on the economy and job creation and the Obama Administration has already poured billions into the effort of re-starting the economy.  Therefore he has tried.


Well, then, I respond that pouring money into the economy as practiced by this administration did not work, because we now have stagnant growth or no job growth.  But we do have yet another speech from the President proposing a series of steps called  the “American Jobs Act.” 
It is a re-hash of the same failed policies.  Why should we do that again, spending another 450 Billion for a predictable outcome?


Oh, the White House will cast any resistance as “tea party” obstructionism and blame it on the Republicans.  But the President has his friends like Richard Trumka and James Hoffa, Jr. who are ready to push for quick passage of the Jobs Act.


As reported in the Los Angeles Times, here’s what Mr. Hoffa said about the Tea Party in his introduction of President Obama at a Labor Day function, September 4, 2011:


"Let's take these sons of bitches out and give America back to an America where we belong." ~~ James Hoffa, Teamster President.


Tea Party Express chairwoman Amy Kremer said Hoffa's "inexcusable" and "inappropriate and uncivil rhetoric" amount to "a call for violence on peaceful tea party members, which include many Teamster members."


ABC News' Jake Tapper and Mary Bruce asked for White House comment. You will be shocked to learn that presidential spokesmen declined to comment on the union president's call to take out tea party people, presumably not in a social dating sense.


Hoffa is clearly ignoring the President’s call for “civility” in the wake of the shooting of Arizona Congresswoman  Gabrielle Giffords and the White House will not rebuke him.  


It seems to me that resisting the onerous portions of the jobs proposals is appropriate and called for.  As Investor’s Business Daily said in an Editorial on Friday.


“Stop printing money. Stop spending money you don't have. Today, that's called ‘anti-Keynesian’ thinking. It used to be called common sense.”


Government spending of tax money to create jobs only lasts as long as the money is appropriated for that job.  When the money runs out, there is no more job.  Consequently, Governments do not create lasting jobs; only business does that.  Businesses today are frozen in fear of unknown healthcare costs, EPA regulations yet to be revealed, and higher costs of doing business. Businesses have stopped expanding – due mainly to an Administrations that seems not to know what to do about anything, except make speeches and try to get elected.


The Voice of One.




Wednesday, September 7, 2011

Obama Policies Encourage Companies to Outsource Jobs

This is an excerpt from an article written by sowell_thomas_biophotoThomas Sowell, Economist, Educator, Author and Syndicated Columnist.  It seems appropriate reading as we anticipate the Jobs Speech from President Obama.

Since 2009, according to the Wall Street Journal, "the U.S. has lost more than $200 billion in investment capital." They add: "That is the equivalent of about 2 million jobs that don't exist on these shores and are now located in places like China, Germany and India."

President Barack Obama's rhetoric deplores such "outsourcing," but his administration's policies make outsourcing an ever more attractive alternative to investing in the United States and creating American jobs.

Blithely piling onto American businesses both known costs like more taxes and unknowable costs — such as the massive Obamacare mandates that are still evolving — provides more incentives for investors to send their money elsewhere to escape the hassles.

Hardly a month goes by without this administration coming up with a new anti-business policy whether directed against Boeing, banks or other private enterprises. Neither investors nor employers can know when the next one is coming or what it will be. These are unknown unknowns.

Such anti-business policies would just be businesses' problems, except that it is businesses that create jobs.

The biggest losers from creating an adverse business climate may not be businesses themselves especially not big businesses, which can readily invest more of their money overseas. The biggest losers are likely to be working people in America, who cannot just relocate to Europe or Asia to take the jobs created there by American multinational corporations.

Thomas Sowell is a senior fellow at the Hoover Institution. His column is distributed by Creators Syndicate. Email comments to letters@detnews.com.

From The Detroit News: http://detnews.com/article/20110810/OPINION03/108100381/Americans-lose-with-Obama’s-policies#ixzz1XGvNzzQi