Quote:
Originally Posted by Paul Markham
= I can't find an answer so will just flame.
You can try looking after yourself and good luck with your attempts. Got an island sorted out to go live on?
The truth is very different. we all rely on the Government in one way or another and way they get it wrong, we suffer. They got it wrong with regulating the banks and fucked the World's financial system. They fucked regulating the oil drilling in the Gulf and fucked the people living down there.
I don't expect the Government to look after me totally. I expect them to build a structure I can look after myself in. We rely on that structure a lot more than you think. Because apart from the actual money that goes overseas and never comes back. All Minte's cuts mean lost US jobs. This will mean more people needing the Government to look after them unless you want them to starve. It will mean less money being spent in the shops and more jobs lost there. Those who are losing jobs might be some of your members. So you will get a pay cut as well.
No Government goes $16 trillion into debt without making the people of that country believe they are far better off than they really are. Cutting that debt by cutting jobs will lead to ruin. Ask Greece.
The only answer is better spending and more taxes. Yes, go back to the tax levels of Clinton and repay the debt without massive job losses. Anyone who believes cutting taxes leads to more jobs, is kidding himself. If it were true the US would have a glut of jobs. It used to work like that in days before Disco Music.
Your answer was cut the military to the bone. China would love that. Or do you kid yourself they wouldn't fill the vacuum? Cut it back yes, make it more cost efficient, yes. It will cost jobs. Put the money into teaching and investing in the long term. Like a subsidy for US manufactured solar panels. So less reliance on carbon fuels for power.
Sales tax like VAT, so the end domestic user pays the tax. Would work great on Gas.
This is the future. http://www.teslamotors.com And where Governments need to be concentrating. http://www.thedailygreen.com/living-...funding-460609 |
The country already has lost millions of jobs. In a few more years the huge incentive that China offers in savings will have vanished. Chinese aren't working for a bowl of rice and an attaboy anymore. It's estimated that by 2016 the pay in China will equal the minimum wage in the US. China has built an economy on the backs of US workers. As China evolves from a producer nation to a consumer nation they will use more of their own production capacity to satisfy their own needs.
Jobs are already coming back from China. We are making parts again in our factory that we lost to China a decade ago. And it won't stop. What manufacturers here have learned is effieciency. From design to manufacturing through shipping. We don't leave much to chance.
We sell things to China. A few years I bought more than I sell there. Today it's just the opposite.
Bottom line. Government does not produce jobs. Private industry does. And if private industry is not regulated and taxed to death we know how to do it well. Just hope the government stays the hell out of the way.