I remained concerned with the economic recovery and the lack of job growth. I agree with Obama about exports but feel strongly we as Americans must supports ourselves - invest in our own government bonds, buy American goods wherever we can, know who we are buying from and whether that corporation is paying US taxes.
What do you believe will help the US unemployment? Will corporations who take their corporate profits overseas hurt the US taxpayer?
What can we as Americans do to help our country?
Soon no one will buy US bonds! Who would take such a risk with 14 trillion in debt and a growing money supply the interest rate is reward enough to take that chance.
If we are going to improve jobs we must cut taxes and eliminate regulations that are driving companies out. A perfect example is drilling for oil. Obama just approved drilling in the gulf ... for a Mexican company!! Meanwhile hundreds of thousands in New Orleans.are out of work their rigs shut down some have been moved to Brazil. Now look at N Dakota... the population is growing unemployment us 4% and the economy us booming! Why? Fracking for oil and natural gas is making millionaires out of land owners there!
Funny, in WWII, the US had a higher national debt (as a percent of GOP) than now. That debt was created entirely from thin air. People bought war bonds.
The government just printed money. Inflation was not an issue. Taxes on the rich were at 93%. For the next two decades, when unions were strong and taxes for the aristocrats were high, the middle class in America flourished!
All the policies that LaLo advocates were in place - just before the start of the Great Depression. Will we ever learn from history?
Great point - this important point to keep in perspective - thank you!
I get what you are saying, but what would you like those who can barely afford to live to do?
The US unemployment will not be fixed until government takes a different tact. It's unfortunate, but truth. More smaller businesses need to start appearing, so that growth can actually happen. The "BIG" corporations are only interested in profits and not in growth.
They have already hurt the US taxpayer. That should already be obvious.
Begin slamming "BIG" business and holding politicians accountable for their actions.
Cagsil,
I feel your pain - I hear you! Your are right!
We as Americans must ask our local and state governments to invest in US - the United States. It is not just the politicians, it is us as Americans asking for accountability.
What are your thoughts on corporate taxes in view of the global pressures?
Corporate taxes are passed on to the public which is creating the global pressures.
(a) If government was more effective and efficient with it's spending, then corporate taxes wouldn't be at the level they are at presently.
(b) If corporations were to run more effectively and efficiently, with regards to pay scale of employees and other resources, then growth and expansion would be simple.
Business is sitting on money--waiting for the Repubs to take away all regulations, so they can go back to business-as-usual with the Repubs in charge.
Like it or not, Obama is trying to curb them, as difficult as it is.
Obama HAD money in the stimulus FOR job-creation...it got turned into tax-cuts, the Holy Grail of righty-land.
Repub gvr's are TURNING DOWN money from the feds for job-creating projets...high-speed rail, infrastructure, etc.
They don't WANT success!
They are all just waiting for the Koch psy-ops to continue, and for the Americans to vote the Money-Baggers into all domains..like they had from 2000-2006.
With the help of the citizens united decision, it should be NO problemo!
They will paint the Dems as wanting to destroy you, like they always do. Obama is Satan.
Meanwhile, it is their party that is sucking the life-force away.
What will help unemployment is when obama is gone and businesses feel confident enough to start hiring and planning for growth without wondering when the next tax or regulation will come down on them.
"What can we as Americans do to help our country?" Start a small business. Other than that nothing. It is all fixed at the top. But not to worry the Aquarian Age is upon us.
I asked a similar questions 22mths ago and it was quite a hot topic way back then as well.
http://hubpages.com/question/12160/why- … nformation
"then growth and expansion would be simple." The planet is finite. Better come up with a conservative model because it ain't going to last forever.
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