Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cringing Negativism Network

We don’t need to “bring back jobs.” That implies new regulations and laws that force companies to produce here. That would shrink the capacity of industry drastically and lead to even higher unemployment and spreading and deepening deepening poverty. What is needed is rationalization of the laws and regulations that are stifling industry and forcing employers offshore. The tax load on industry must be cut drastically. Regulations must be reduced by almost 100%. Do that and the high wages in the US become cheaper for employers to pay than the fabled $1 a day available in the third world and employers will scramble to get back and foreign industries will eagerly enter. Industry is not unpatriotically running away, it is being beaten and chased away by the EPA an the IRS.


38 posted on 11/14/2012 7:22:22 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINE www.fee.org/library/books/economics-in-one-lesson)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: arthurus

Wrong.

We need to bring back jobs.

Now.


48 posted on 11/14/2012 7:46:00 AM PST by Cringing Negativism Network
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson