Sunday, September 25, 2011

Obama Jobs Proposal

Well it has been almost 3 years of letting the government spend without restraint to bring us out of the abyss of recession/Great Depression. Has it worked? Obama himself admitted that shovel ready jobs were hard to come by. Environmental issues slowed implementation. Well some would say we've saved teacher, police and fire department jobs that were on the auction block. Tell me. is that where you would cut first? If you had to trim your personal budget by 10 to 25%, would you start with the kids food, water, and shelter? No. You look at the total budget for the Federal Government and you look for areas that are not necessities for life. Keynesian economics, the economic philosophy that the government can spend and create permanent jobs is not working. The idea that the government may plan for growth and the future could work if it involved freeing the private sector to compete internationally. That means creating an environment that makes the United States the place every company wants to locate and create products to sell. Right now, that country is China, India, Taiwan, Korea, Japan, the Philippines, almost anywhere but here. For every $70,000 average government job, how many private sector jobs does it take to create the cash for that one government worker? Government jobs do not produce a marketable product. Private jobs do. Government jobs cannot exist without private sector jobs to pay for them. Therefore, we need a budget for the Federal Government just as is required at the state level. We cannot continue to lose private sector jobs and protect government jobs from being cut. Want to create jobs? 1) Make the United States energy independent, and produce that energy here at home. 2) Make the United States the place all companies want to locate for tax, convenience, quality of life, and freedom to produce morally, ethically, and environmentally sound products. Ireland has proven that lowering the tax burden to 10% jump started a failing economy. 3) Reward innovation and let the companies that should fail, fail. Out of failure arises new opportunity. Propping up companies simply rewards bad decisions and bad companies. 4) Competition breeds excellence. Let schools compete, let teachers compete, and let parents reward the best by choosing to have their child schooled at the best schools. 5) Lower the corporate tax rate for national, international, and small businesses. Make it a flat tax of 10% that all companies must pay. Let those companies compete here instead of moving to China where costs are lower. Let the jobs be built here and let Amercian workers invest in their companies and reap the benefits when their companies excel. There is more. But this is a good start.