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10%+ unemployment thru 2015?
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Jim
Posted 12/12/2009 10:34 (#962235 - in reply to #962030)
Subject: RE: 10%+ unemployment thru 2015? - manufacturing


Driftless SW Wisconsin

There is a lot more to unemployment than tax policy.

How long can we continue to ship manufacturing jobs overseas because it appears to be "cheaper" and not see the result in unemployment?

Where are these 10 or 15% of folks supposed to work and making what?

And these folks are our agricultural customers.

A sound economy where we manufacture things here using local materials as much as possible creates jobs.

The Chinese understand this. They have a huge population to keep employed. They control the value of their currency at what is maybe not realistic levels and do just about anything to bring manufacturing and manufacturing know-how into China because they know they have to keep people working or there are problems.  About the only thing they buy overseas is raw materials, including our agricultural products. They are doing what is in their own best interests.

We need to do what is in our own NATIONAL best interest when it comes to manufacturing.

We can not keep our economy growing with the only jobs around being at McDonald's flipping burgers. 

We cannot spend billions and trillions fighting wars around the world, spend billions and trillions removing the risk and losses of bad real estate loans by banks etc looking for quick profits while executives still get 6 figure "bonuses". Of course no one wants to pay for these things. That's so un-American. Taxes! Who wants them? So lets just quietly borrow to cover the deficits, hide the real deficits in "off-budget" accounting and let our grandchildren pickup the bill, eh?

We build jobs slowly by making things, employing people at wages where they can buy the things we make and pay taxes to pay for our previous and current commitments. Tax cuts will just prolong the agony. Constantly using Pelosi, Reid or the President to whip up folks feathers and to suggest there is a quick painless fix is a symptom of the problem not a solution. We have a national avoidance of dealing with difficult, painful but unavoidable solutions.

We need to pay the bills we as a nation have incurred. jmho.

Jim at Dawn



Edited by Jim 12/12/2009 10:50
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