mamabearCali wrote:
How have Obama's policies cost jobs? This is just off the top of my head.
Obamacare, or the affordable health care act, and the fear over the uncertainty that will follow,
What uncertainty? Its been very clearly communicated what the law entails and much of it is still 3 years from implementation.
has cost jobs--my dad can vouch for that one. The various alphabet agencies have issued so many regulations that I had to close up a small business for the expense of complying with nonsense regulations.
US companies are posting record profits (
http://news.yahoo.com/s/yblog_thelookou ... ucing-jobs), so you can't blame the administration...you could always try and have the Prez force companies to hire and stop outsourcing, but thats just SOCIALISM!
People are losing jobs because payroll is the biggest expense, corporations are greedy, and desperate people are easily exploited to work as hard as two people for the pay of one. Oh, and throw in automation and foreign competition, hence, high unemployment. Likely permanently-these people are just no longer needed.
A stimulus program of 787 billion dollars that ended up being mostly a stimulus program for unions and has added to our debt and decreased the value of the dollar.
Ah yes, those stimulus funds, which were a
direct continuation of the Bush bailout system. Amazing how those deficits only matter when a democrat signs off on them.
Stalling on extending the current tax rate and constant talk about taxing those making over $250K even more has made business unwilling to hire.
If a very slight (hypothetical no less) increase in taxes really affects your outlook that much, you're probably in bad shape financially anyway.
Its also worth noting it would have only applied to personal income taxes, not exactly a strong factor in payroll decisions for a C corp. On the corporate side, many pay little to no tax at all anyway, so taxes are again a non-issue in hiring.
Instead they do what you and I do when we are facing uncertain times, we hold our resources tightly to our chest and prepare (keep cash on hand instead of hiring another worker).
They go to China. Though, these days the Chinese are getting uppity and want to be "paid" for working, so the new hotspots are real hellholes like Cambodia and Vietnam.
The refusal to grant drilling permits combined with the declining dollar (certainly not assisted by the mounds of debt we continue to pile up) making everything more expensive, thus again companies must use their resources elsewhere other than hiring.
And the reason oil drilling off the Gulf had to be suspended was lax safety regs due to poor regulation. Deregulation is never the answer. Government must be able to enforce the laws to properly govern a society.
How many jobs were lost by disallowing oil rig operations, compared to all the economic harm done by that oil spilling thanks to idiotic lax regulation?
This does not even go into the jeopardy they put our lives in when they "work on gun control under the radar." Nor does it go into the danger he puts our country in when he snubs our best allies, and helps out heaven only knows who in Libya--last I heard some of the "militants" we were assisting are Al-Queada.
Wait, we have allies? Our "allies' strike me as parasites.
+1 to Garrett!
