Not Enough Getting Done to Create Jobs Here at Home
Is 8.2 percent national unemployment the new normal? That’s a scary thought. But as the economic recovery has slowed, experts have started predicting that high unemployment is going to be around for a long, long time.
Last week, Federal Reserve Chairman Ben Bernanke testified in front of Congress that unemployment will likely linger above 7 percent until 2014.
There’s ample research linking health problems with unemployment. Being out of work is a stressful and emotionally draining experience. So, years and years of sustained high unemployment could very well lead to higher rates of health problems among the American public.
To his credit, the President has vocally supported creating new financial incentives to end the tide of outsourcing. And last week the Senate finally took up the Bring Jobs Home Act, which would end tax breaks for companies that ship jobs overseas.
Unfortunately — as always — Republicans stood in the way. They refused to end their filibuster of the Act and it failed.
With economic stagnation staring us plainly in the face, continuing to allow corporations to send jobs overseas without penalty is ludicrous. And as Sen. Majority Leader Harry Reid noted last week, the ideological problems emanating from the Republican party that drive opposition to new jobs policy begin at the very top, with its presidential nominee.
Mitt Romney was a brutal outsourcer while at Bain. That mentality would certainly guide his policymaking if he makes it to the White House.
Those truly concerned with creating jobs and restoring America’s greatness can’t give up. If corporations are going to continue to ship jobs overseas, then it’s up to policymakers to replace those lost positions with new ones.
Yes the problem is bringing jobs back to America. Why industry that has evolved to international status outsource their industry to other countries is simply business and I have no qualms with that, because business will do whatever is in that businesses best interest and it is profit motivated. The backbone of our economy has and always will be based on small business success, the creation and sustaining of small business is where the solution lie. Now if the government wants to offer incentives for small business growth that is a positive aim; however, in my opinion, the role of the government is not business management. The role of the government is providing leadership for our nation, The United States of America. When you vote consider this point of view: Which candidate will be best for our nation?
What are the republicians doing? This is no time for foolishness. Quite being like little children grow up face the music. The U.S. is going down hill fast. Get with the program and work together. Democrats and Republicians! We need work in the United States of America. For a long time I have been tring to buy American Made only Items. Everyone Should!!!!!