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Obama Promises Tax Incentives for Job Creation
 [An Nahar] U.S. President Barack ObamaThey get bitter, they cling to guns or religion or antipathy to people who aren't like them... promised Saturday new tax incentives for companies that create jobs in the United States -- and punishment for those who export them overseas. I've been listening pretty attentively and I've yet to hear anyone, Publican or Sinner, utter the words "reindustrialization of the U.S.A." To me there's a big difference between fiddlin' the tax code and actually making things and selling them. In his weekly radio and Internet address, the president said that in the next few weeks, he will "put forward new tax proposals that reward companies that choose to do the right thing by bringing jobs home and investing in America - and eliminate tax breaks for companies that move jobs overseas." I refinished a nice dresser a couple weeks ago. I put new knobs on it, nice porcelain things. As I went to put them on I noticed they were made in China. I can't for the life of me figure why we can't build a factory in this country that's automated enough to compete with China to manufacture porcelain knobs. Or wooden. Or brass. Or plastic. We talk a lot more about innovation than we actually innovate. He did not elaborate. He didn't have to elaborate. He's going to manufacture a few more hundred pages of legislation rather than encourage anybody to build anything they're not already building. The comments came after Obama held a White House summit with business leaders this week to discuss ways of bringing outsourced American jobs back home while growing the U.S. economy. The business figures at the event included senior executives from Ford, DuPont, Otis Elevator Company, Intel, Siemens USA and Rolls Royce North America. That's because the Dems think in terms of workers in cloth hats with lunch buckets going to plants owned by big companies. They don't think in terms of a dozen people working at a brass foundry turning out door knockers or something like that. Nor do they think in terms of restarting something as unglamorous as a paper box company -- I know of two of them, both abandoned, one with its windows closed up with concrete block to keep the street lice out. When did the demand for cardboard boxes evaporate? Are we using up existing stock? The president said he had pledged these business leaders his firm support if they continue on the path of job creation. "I'll make sure you've got a government that does everything in its power to help you succeed," he said. That's because they're already in existence and in a position to make campaign contributions. Potential businesses are only potential contributors. And the Greenies who already contribute won't like seeing nasty new manufactories to despoil a pristine environment. The president also showcased his plan to merge six U.S. trade and commerce agencies in an effort to cut red tape for businesses and end government overlap. "These changes will make it easier for small business owners to get the loans and support they need to sell their products around the world," Obama said. I'm not even going to turn red in the face and holler about the ladies who used to sing "Look for the Union Label" until they priced the entire garment industry into oblivion. Posted by: Fred 2012-01-15 |
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