The Mudcat Café TM
Thread #130889   Message #2948303
Posted By: olddude
20-Jul-10 - 10:52 AM
Thread Name: BS: Repubs Wedded to Voodoo Economics???
Subject: RE: BS: Repubs Wedded to Voodoo Economics???
Unless there is a move to discontinue the tax breaks for moving jobs overseas there will continue to be a decline in jobs. It is far too attractive for US based companies to located manufacturing plants elsewhere and there is great tax incentives to do so .. But I hear no one talking about that ...

I hear reps fighting about wall street reform and how it is not American. But how did we get into this mess, well we were stupid enough to think banks and wall street could self regulate .. ya right .. dropped all the safeguards we had in place and see what it got us.

Trickle down doesn't work .. the best way to create jobs is to provide incentives to small business. Big corporations look for ways to get rid of employees to maximize profits to the owners not create more jobs. Jobs is a dirty word to most large corps and very wealthy .. never worked in the past never will ..

Bulk of American jobs today ... service and small business ... no manufacturing cause we do that all in China and every place else ..

fix the tax incentives to move manufacturing jobs overseas and you will get manufacturing jobs back .. but that ain't going to happen no matter who is in the white house