Monday, July 4, 2011

American Companies & Job Creation

Socialists continue to complain that major American companies, highly profitable right now because of the lay-off's that occurred in 2008-09, are sitting on two trillion in cash, rather than investing it to create jobs.   Since Socialist President Obama's trillion dollar SwindleUS Plans I, II and III did nothing to cause economic growth and job creation in America and there is likely to be no more SwindleUS Plans enacted by a Republican House of Representatives, the Socialists only hope for winning re-election in 2012 and 2014 is a resurgent private sector.   Well it is not going to happen any time soon for a variety of reasons. 

First, Obama and his Socialist pals in Congress are tax and spend job killers.   Obamanistas are busy implementing new regulations by Executive Order on business that in some cases make doing business in the United States difficult if not impossible.   The Environmental Protection Agency, Obama's Gestapo, is out to destroy carbon based energy sources.   In some cases, coal mines are being shut down because it would be too expensive to meet new environmental regulations resulting in the firing of thousands of coal miners.   There is still a moratorium on drilling for oil in the Gulf of Mexico, which is contributing to higher gas prices.  The regulations to enforce Dodd Frank, the new financial regulation monstrosity, enacted by the Socialist Congress in 2010, is nightmare.   And then, there is ObamaCare creating uncertainly as to the future cost for health care.  

In addition, almost daily, Socialists talk about new taxes on businesses.   The Socialists would like nothing better than to confiscate some of that two trillions in cash in American company coffers.  Instead of acting to reduce the 35% corporate income tax, the second highest in the world, Obama and the Socialists in Congress keep pushing for new taxes on business.   There is so much dust in the air, that major American companies are not about to invest in any new ventures.   Instead, many mergers and acquisitions are taking place, which usually results in increased productivity and ultimately lay off's as duplication and redundancy between companies is eliminated.  In fact, five years ago, of the 2,000 largest companies in the world, about 700 were headquartered in the US.   Today, that numbers is about 568 and falling.   US companies are both merging and being acquired by foreign companies because of the cheap dollar.   More often than not, when these deals come down, the end result is job loss. 

Finally, technology is such today that fewer employees are required to get the job done.   And, many jobs were moved overseas to China and India and other countries because of US high taxes and over regulation in the last ten or more years, that are never coming back.   Socialists, like President Obama, that have never worked in business and are often egg heads just don't have a clue about free market capitalism, or what it takes to create jobs.   Instead of developing a 50 energy plan to develop all carbon sources of energy in the United States along with nuclear and renewables to develop cheap energy that would create millions of jobs and be the foundation of our economy, Obamanistas are fixated on "green" jobs that actually retard the growth of the economy because many of these technologies are not economically feasible today.  Obama stated clearly that under his plan, the cost of energy would necessarily rise.   Expensive energy is a job killer plain and simple. 

We would see manufacturing and job creation again in the United States if corporate income taxes and regulations were cut dramatically.   It is not going to happen any other way.   Of course, Obama and his Socialist pals will never implement pro-growth policies because the reality is they live on the misery of their PEEP's.    In a perverse way, even though they talk about job creation, Socialist do everything possible to maintain high unemployment and people dependent on the federal government.   There are a record 43 million Americans on Food Stamps.   Food Stamps mean more government union employees administering the program.  In fact, there are about 2.65 million civilian government employees, many of whom are dues paying union members, contributing to Socialist election campaign.   Hence, the Socialists have no reason to cut government spending and every reason to continue bankrupting our country.  

If we want American companies to create jobs in the United States again, we must sweep these Socialists out of office and elect rock solid, common sense Conservatives committed to free market capitalism, limited government, lower taxes and less regulation, a balanced budget, real energy, education and health care reform, a strong national defense including securing our border and fighting Terrorism, the right to bear are arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and jobs in our country.  

We have to take back our country in 2012 and 2014 to prevent the bankruptcy of our nation.   We can do it.   We must do it preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   And after we make Obama a one term President and bring pro-growth, pro-business policies back to our country, American business will once again create jobs in the United States.    

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