Sunday, August 19, 2012

How To Create Jobs - The Easy Way

It's not rocket science, folks! Creating jobs is really, REALLY easy.

First, it is essential to understand that jobs are ONLY created by successful businesses. So the one and only question is, "How can we make more businesses more successful." Reasonable, eh? Not if you are a liberal who cares more about REDISTRIBUTING wealth rather than CREATING wealth.

We know that successfuil businesses create jobs. So our objective should be to help them do that. And to do that, we need to identify what can be done to facilitate their success, not stifle it. Here, then, are the roadblocks to success that must be either removed or reduced if we really want to create jobs:

ROADBLOCK #1 - Regulations. Regulations account for about 30% of the cost of running a business. Most businesses have to deal with as many as 15,000 regulations. Most regulations are not even necessary if we go back to FREE MARKETS. Get government out of things and let the public decide which companies are worth doing business with.

ROADBLOCK #2 - Taxes. America has the highest corporate tax rate in the world. By reducing corporate taxes, businesses have more capital to reinvest, to grow. And businesses need to grow if they are to succeed. By reducing taxes, businesses grow, produce more products and jobs, resulting in more income that can be taxed. In other words, reducing taxes will actually result in MORE tax revenue, not less.

ROADBLOCK #3 - Unfettered unions. In America, 20-30% of the cost of doing business can be attributed to union demands for more, more, more. This, and taxes, are the number 1 and 2 reasons why businesses move jobs overseas. Unions should have one objective - to assure that employees are treated fairly and with respect. They should not be permitted to use their power to milk companies dry and provide excessive benefits to people. If a person wants to have more, let them EARN more, rather than just take it.

ROADBLOCK #4 - Uncertainty. In order to be successful, businesses need to have at least a 5 year plan. In fact, investors and lenders will not even back a business unless it has a 5 year plan. But under the current administration, companies cannot even cobble together a 5 MONTH plan. They do not know what the tax rates will be tomorrow, or what new regulations they will confront next week. Congress needs to get their you-know-what together and start creating a more certain environment.

So, America, if it's jobs you want, then it is imperative that we remove  the roadblocks that are currently preventing job growth.


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