Wake up! The Government creates jobs and they destroy jobs. They do so with theSubmitted by eilif on Sun, 10/03/2010 - 14:27
policies they put in place that governs how businesses are run. Some regulations are good and a lot are bad but some controls need to be in place or the banksters with all their wealth would just gobble up everything. Like The Glass-Steagall Act which prevented the wall street firms from gambling in the derivatives market and destroying the American economy. That is what is happening now. During the Clinton administration,Clinton with the help of Larry Summers and Rubin they managed to get rid of the Glass Steagall act and here we are.
Though the Government should not create jobs directly they are certainly involved in creating and destroying jobs. Mostly destroying here in the US anyway and they still are. By giving incentives for manufacturing companies to move out of the US and move overseas they are destroying jobs here in the US. ARE YOU NOT AWARE THAT YOUR GOVERNMENT IS ACTUALLY PAYING COMPANIES TO MOVE OVERSEAS BY GIVING HUGE INCENTIVES TO DO SO! So they are in fact creating jobs over there in China, Korea, Bangladash etc.. while we lose our jobs here.
So what would happen if the US government stopped giving incentives for industry to move overseas. Less companies would move. Now what if they started giving incentives for companies to stay here? Well, more would stay!
Now what if they started giving big incentives for companies to start manufacturing here in the US? Well even more companies would stay and start up manufacturing here and industry would grow in the US creating more and more jobs. Now suppose they started giving tax incentives etc.. for companies to move back to the US such as no taxes for 5 years and 0 percent financing like they give the big banksters on wall street. Well jobs would come back and the US would again be prosperous and expanding the tax base.
THIS IS HOW THE GOVERNMENT MAKES OR DESTROYS JOBS?
How do you rebuild the inner city's and infrastructure without raising taxes. Very easy but you won't hear it on the news. For every dollar any company or individual invest in rebuilding the infrastructure in the US they get a two to one tax deduction or even three to one.
So when I read a headline like the one I saw that says the government cant create jobs I get upset because the Government destroys jobs and create jobs by putting policies in place that causes growth of jobs or loss of jobs. The government by giving huge subsidies, Tax and regulatory favors to the big corporate farms they have and continue to destroy family farms. So wake up THE GOVERNMENT CAN CREATE JOBS BY PUTTING IN PLACE POLICIES THAT PROMOTES THE GROWTH OF JOBS. MAKE NO MISTAKE ABOUT THAT!