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 Until Dodd Frank is repealed, small banks, which make small business loans are going to go out of business because they can’t afford to pay the armies of lawyers and accountants needed to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 Until obamacare is repealed, businesses and corporations will not add new jobs because they have no idea what the healthcare costs will be for new hires.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.
1) Our own government chides those of us who pay taxes for being greedy because we don’t want to give the politicians even more of our money to do things...Read More
Back on June 28th, The TeaParty.net put together a Townhall at the Capital Hill Club that featured a number of
Shocked? When both National Review and The Politico hate it……… Starting with National Review But now, along comes the Gang
by: Caleb Parke It was one year ago, today, that Palin: celebrated her birthday: at the: Conservative Political Action Conference (CPAC): by delivering a: rockstar speech,