(09-10-2009 04:54 PM)Rebel Wrote: (09-10-2009 04:38 PM)sparkomemphis Wrote: (09-10-2009 03:48 PM)smn1256 Wrote: Wanna save jobs? Cut the corp tax rate and prevent businesses from moving to China, India, Mexico, etc. How many jobs have those countries gained at our expense?
When you prevent the companies from moving then they just cease to exists as that company are become another company over in the other country.
If you mean make it not be cost effective to move , That will keep jobs and create new ones.
That's what "promote the general welfare" means to me. The government needs to make this the most business-friendly country on the planet; not look at them as tax revenue-generating machines.
Watch the next six months very carefully.
The EU has decided to grow out of the recession by creating export sales. Far as I can tell, there's nothing anywhere in Obamanomics that will support our doing that. Europe is starting to add jobs; I have read that all but 2 or 3 EU members showed net job growth last month. Many other parts of the world are also experiencing job growth. We are still hoping for a reduction in the rate of job loss on this side of the pond.
If these trends continue (and I'm more convinced right now that ours will than that the EU's will, but I do expect the developing world to keep growing) by spring we'll be in a situation where the rest of the world is clearly in recovery and we clearly aren't. This is what happened to Japan when they tried our "stimulus" approach circa 1990, and they have not recovered yet.
I would anticipate that the adoring MSM will bury this story as long as possible, but at some point the cheese will become binding for the Obama regime. Does he move to the center like Clinton did when faced with the prospect of regime failure, or does he dig in his heels and fight like Shrub did? If he moves to the center, can he drag Reid and Pelosi along with him?
The answer to those questions will decide many things. Like, will the US remain a livable country or become a third-world banana republic?
I seriously believe the stakes are that high. I could easily see the next 60 years here looking like the last 60 for Argentina.
Of course, if between now and then we pass Obamacare and Cap-and-trade (without offsetting tax reductions elsewhere) and Card-check, next spring may be too late.
Who would have thought in 2000 that we could be staring disaster so closely in the face today? Thanks, Shrub. And thanks, Obama/Reid/Pelosi.