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 Until Dodd Frank is repealed, small banks, which make small business loans are going to go out of business because they can’t afford to pay the armies of lawyers and accountants needed to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 Until obamacare is repealed, businesses and corporations will not add new jobs because they have no idea what the healthcare costs will be for new hires.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

MSNBC’s Schultz and Sharpton Falsely Claim Janesville Plant Closed Under President Bush to Slam Ryan

During MSNBC’s August 29 GOP Convention coverage, Ed Schultz and Al Sharpton made patently false remarks during their post-speech commentary

26

Going Galt: New Jersey

When taxes get so egregious, the rich just leave. And when taxes get too punitive in America, rich Americans will

24

Unions Sign On To Obama’s Penalizing of Banks

According to The Hill, “several union officials” plan to make Obama’s newest attack on America’s banking industry part of their

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*