When Will the New House Republicans Start Working on Creating Jobs?

It's two sides of the same coin. They make different noises and gestures than the Dems, but in the end, neither actually does anything that helps US, the little guy, in any real meaningful way. A couple of hundred a year saved? That wont even buy two weeks worth of groceries, or pay the electric bill for 1 month. Gimme a break! I don't care WHO does it, just do something right for us.

 

If the US had fuel efficiency standards that included all those monster SUVs, which btw are excluded from CAFE because they are classified as trucks, far fewer of them would be on the roads to crush innocent people when their drunk drivers get behind the wheel. It is not fuel efficiency standards that cause all those deaths so much as loopholes in fuel efficency standards that allow so many heavy vehicles into amatuer hands to menace the highways.

 

So you are completely comfortable with an extra 3200 deaths as long as there is a good tree hugger explanation for it?

And Monster SUV's ARE trucks.

 

Yep, "monster SUVs" are built on truck frames, use truck tires, get truck mileage, etc. Floating around on feathers does not make travel safer!

I ride a motorcycle for fuel efficiency (and because I want to) but that should be a personal choice, not mandated by a fascist state!

 

Liberals want more of this.

 

Here is Dasein shoe shopping.

 

You know how I can tell when you've lost an argument?

 

It's not governments responsibility to create jobs. That's the only argument I need.

 

Solyndra Is Hiring,,,,,,,,,,,,,,,,,,,,,

 

If only I shared your sentiment I'd be the happiest man alive.

 

What good will it be if we defend the world, but implode via our economic non-policies at home? Foreign aid is not needed. How about American aid?

Congress and the WH of either party is not willing to make the difficult choices for America! We elect these bozos to protect us from outside aggressors and they turn around and kill us from within.

America does NOT need bases in so korea and europe with over 45,000 troops in both. Those soldiers prop up the countries they are protecting by spending their pay in that country and not in ours, plus the logistics. Troops are not needed in Iraq, Afghanistan, and Japan! Bring home these men and women to assist our border patrols, help as inspactors at our ports, and assist law enforcement in the communities over-run by crime cartels.
And as an added bonus they will spend their money in America, propping up our economy!

There are about 5 cabinet positions and/or major programs not needed, such as Ed, Epa, Commerce, Hls, and Trans. Join medicare and SS into one dept.
Epa, Ed, Trans, Commerce can be handled by the individual states, and HLS can be handled by the FBI.

For many decades class-warfare has decided the fate of Social Security. Presently there is a monetary cap on contributions. Remove it and it will pay for itself once again.

The lame-brains in Congress and the WH have no idea of how to create jobs in the private sector. Remove the impediaments to beginning a business, such as once a regulation is on the books it is never removed! Abolish the present tax code so EVERYONE pays their share without ANY loop-holes.

If a business can hire and keep at least 85% of their work -force from American Citizens then they should only pay taxes UP TO 7% with no loop-holes or exemptions. Then maybe they can afford to have health ins for their employees. If they cant then they should pay up to 35% with no loop-holes or exemtions.

The Federal Reserve needs to be taxed as a corporation. They have
never filed a tax return! Since they have caused much of the mess we are presently experiencing, they too should pay their fair share. REMEMBER THEY ARE NOT AN AGENCY OF THE US GOVERNMENT! They are worth approximately $2.7 Trillion. Tax them at a flat rate of 35% from their inception till today compounded annulally! And then allow the Treasury to do it's job!

Cain's idea sounds good, but it will create lawlessness in the streets via lower and middle classes, while once again the rich get off with only paying 9%. He is an intelligent fellow, but this idea of 9-9-9 is insane! He wants to keep all the troops in place, plus add to defense spending.

Rhomney is NOT a conservative any more than Perry is. Both of these characters have democratic ideas about ILLEGAL immigrants, regulations, healthcare, and added defense spending.

And finally, obamacare should be replaced with one senctense! IF THE HEALTH INSURANCE COMPANIES WANT TO DO BUSINESS IN THE UNITED STATES THEY MUST ALLOW PEOPLE WHO HAVE PRE-EXISTING CONDITIONS TO BE INSURED AS EVERYONE ELSE WITH NO ADDED COSTS! This would not cost the US tax payers any ADDITIONAL money.

Ron Paul the FATHER of the Tea Party is the only candidate that is honest about his policies from the 1st day he took office as a member of the HOR. All his votes have had the Constitution as his guide and LIBERTY as his goal.

Independents and Libertarians need to UNITE and push Ron Paul into the WH so America can once again be the greatest nation in the world.

 

You post here some things that I agree with and some that I do not. for instance corp. tax at 7%. WHY any corp tax since the consumer pays the tax in higher prices anyway?

But here is a problem, you post:

The lame-brains in Congress and the WH have no idea of how to create jobs in the private sector. Remove the impediaments to beginning a business, such as once a regulation is on the books it is never removed! Abolish the present tax code so EVERYONE pays their share without ANY loop-holes.

If a business can hire and keep at least 85% of their work -force from American Citizens then they should only pay taxes UP TO 7% with no loop-holes or exemptions. Then maybe they can afford to have health ins for their employees. If they cant then they should pay up to 35% with no loop-holes or exemtions.

I agree with the first.

Why invent new regulations forcing companies to hire certain citizens and forcing them to pay for something that is the individual's responsibility.

All the regulations you rail against in the first para are no different than the regulations you desire in the second para. The present "Road to Hell" is paved with GOOD regulations that turned out to be not so good. Regulations and politicians have a history of unintended consequences.
WE need some regulations on business. But what I'd like to see is ONLY regulations that can be seen to be like guard rails along a highway. This is the track to run on. But the govt stays out of how they drive.

Otherwise, you did pretty good.

Ron Paul's day is past, he is too old. He is as old as I am, and I know I'm too old even tho I feel like a 20 year old. { But my wife won't let me have one!}

 

What would those be, specifically?
Something like operating in a manner that is not against the public interest?
Or what?

 

Never!! The govt doesnt create jobs the private sector does. You govt worshippers are pathetic!!!

 

If you have zero understanding of economic dynamics you might be correct.

Unfortunately for you economic studies have shown that each 1$ spending, no matter from where, creates between $4 and $10 of additional economic activity which includes job creation.

For those of you watching at home it works like this (pay close attention):

The government places an order for $1,000,000 worth of widgets. The widget manufacturer orders $200,000 of raw materials to make the widgets from. He pays his 10 employees $400,000 in wages to make the widgets. He spends $200,000 for another machine to make the widgets to speed up production. He takes the remaining $200,000 as profit.

OK, that's $1million government money spent. 10 private jobs created. One of the workers decides to spend $6,000 of that to get his house painted, 5 painters spend two weeks painting his house for $1000 each plus $1000 for the paint. 5 more jobs created. One of the painters spends $500 of that getting his car fixed, $400 for the mechanic and $100 for parts. Another job. The mechanic decides to spend $200 of that on a new tattoo, another job. The tattoo artist spends $100 of that to get hair extensions, another job. The hair stylist spends $50 of that on a manicure, another job. The manicurist spends $25 of that on a birthday cake for her sister, another job. The baker spends $12.50 of that on lunch, more jobs. The waitress buys a Slurpee at the 7-11 with the tip.

So, as we can see from this entirely plausible scenario government spending creates a lot of economic activity as it spreads across the economy. $1 of government spending passed though the hands of nine different people, ten if you count the clerk at the 7-11. That is $10 of economic activity from $1 of government spending.

If we expand this to the entire $1,000,000 government procurement that would make for $10,000,000 in economic activity. That is not really plausible on its face since some of that money does not travel so many steps. Some of it is returned almost immediately to the government in taxes for example. Taxes that the government can spend again. Think about that. Some more of that money will also be deposited in banks, which will put some small fraction aside as a reserve and loan out the rest, some of which will be deposited in a bank which will put some small fraction aside and loan out the rest, etc, etc. Think about that.

Now, to get to the point Pokerface is trying to make but is unable to articulate accurately. As I said at the beginning, it does not matter who spends the money, as it spreads across the economy economic activity increases and jobs are created.

According to the Pokerface crowd the government does not really create any new economic activity since it just takes money already circulating in the economy and redirects it for its own needs. There is some truth in this.

Pay very close attention to this next part.

They go on to say that by doing this the government interferes with the smooth running of the maximally efficient economic engine of the private sector and if the government would just cut it out the economy would be far more efficient and everyone would be prosperous.

This is a lie.

For one thing the private economy is not maximally efficient, not even close. If it was there would be no shortage of anything and everyone would already be prosperous considering the amount of already accumulated wealth. This leads to the next point, maximizing prosperity. The private sector is all about maximizing prosperity for individuals, not general prosperity for all. This is a subtle difference in words, but a highly significant distinction.

Now, consider the government's position in all this. The government is Constitutionally obliged to promote the general welfare. It must also listen to the people and address their grievances. The people have addressed to the government a grievance that the private sector has proven itself less than capable of providing them with the wherewithal to achieve economic prosperity and have endangered the public welfare by sequestering much of the nations wealth in speculative markets that some small few trade among themselves. They demand of the government to take some action to redress this grievance.

The government chooses what it considers the least drastic path. It redistributes the wealth by taxing the money speculators on their income and broadcasts it across the nation to increase the general prosperity. This comes at the expense of individual prosperity but it creates more jobs than the private sector is willing to.

If it was left to the private sector all the nations wealth would be sucked into the speculative markets for them to gamble with. It has happened before, throughout the 19th century. The only thing that saved the economy then was new gold strikes and war.

 

"Unfortunately for you economic studies have shown that each 1$ spending, no matter from where, creates between $4 and $10 of additional economic activity which includes job creation."

There is a word for this. The word is:

IMPOSSIBLE!

Doesn't matter how many loony liberal economists tell this lie, it is impossible. Government is always a cost, never profitable.

 

The government does create millions of jobs and pays for all of it with tax money. Military bases, rebuilding our infrastructure, bridges, highways, railroad beds, modernizing to high speed rail, saving the planet from fossil fuels to green energy. Every time they buy military equipment from the private sector to modernize our air forces, and all that goes with the military creates jobs to millions of our citizens in the private sector. Now I would rather see our taxes spent that way then to be giving it away to foreign countries is the form of military aid, or just plain cash to countries that really don't need our foreign aid anymore.

If the Obama Jobs bill would be passed it would generate over a million jobs that are badly needed. This would money would be spent out on businesses in the private sector, and if they are making money they can afford to hire employees. It is a chain reaction and the economy will pick up momentum.

But the Republicans have made up their minds that they are not going to give Obama an inch to make himself look good with the American people on the economy. So they will not pass any bill that would help Obama get re elected and they are willing to throw the people unemployed under the bus. This bill would be paid by a 3% increase on the tax bills of the billionaires and millionaires who have so many loopholes in their deductions that it really would not hurt them anyways.
But as you all keep hearing the Republicans that they have all made a pledge that they would not pass any tax bill on the billionaires and millionaires.

So like the AARP ad says. We seniors are watching what is being done in congress and the house of representatives, and we will vote you out come election time. These Tea Party people want to strip us out of all government programs, such as Medicare, Social Security, put electric fences to protect our borders even if mothers and children die crossing the borders illegally.
I say bring our soldiers home from fighting all these wars started by Republicans all over the world and put them to guard our borders. Put our soldiers to work securing our borders stopping the drug cartels from bringing in all those illegal drugs.

So the government can create jobs, if we just have the cooperation of the NO DO H.O.R and Senate.

Obama has proven himself that he is a great leader in foreign affairs, now lets give him a chance that he can change this economy for the better.

 

Then why don't you run out tomorrow and spend all of your money? What a great investment. You will make somewhere between a 400% and a 1000% return, right? I would recommend you think this through. I seems like you're confusing political agendas with economics.

 

I KNOW you got confused. I was not making that asinine claim, I was refuting the nonsensical idea that was originally posted.

I said the word for that $1 =$4. was IMPOSSIBLE!

OR, I would if I could, but I can't so I won't

 

How about Glass-Steagall. That said that mortgage banks [Commercial Banks] were not allowed to make risky investments. Only Investment Banks could do that. The govt told mortgage banks that took in DEPOSITORS money, not investors money, that they had to make their profits by making GOOD mortgage loans. But the government did NOT tell them WHO they had to loan to or how until the CRA when they told banks they had to make mortgages that could not possibly ever be profitable because everyone had a RIGHT to own a home. To comply with CRA, Glass-Steagall HAD to be repealed since CRA said mortgage banks had to make risky, bad mortgage loans, and G-S prevented that.

So Glass-Steagall that restricted banks to making mortgage loans was the guard rails giving them the track to run on. Then the CRA came in and tried to direct the traffic which eventually let to the housing crash. There were other factors involved. Like many bad events it was a confluence of many negatives meeting at the wrong place and time. And both political parties can equally share the blame.

 

The govt is BORROWING money which costs more in interest. The govt is the problem. If you cant get that fact then you are part of the problem too.

Stop worshipping the govt. It has become a huge waste of money and it will cause this nations downfall. History will prove me right and you foolish.

 

Hold the phone! I was told that Al Gore created the internet.

 

Unrealist, that's just UNREALISTIC! Where is the interest? Where are the taxes? According to your math - MONEY REALLY DOES GROW ON TREES!

Investment is risk. If you do your due diligence you might, JUST MIGHT make a profit. If you don't make a profit, that is incentive to be more diligent next time and make a wiser decision. That is why bailouts are NEVER a good idea.

 

That's right. The government gets its money from those same recipients. The $ million dollars didn't grow on trees or appear out of thin air. The government can't create wealth. It can only spend it. Every single nickel of wealth is created in the private sector.

 

Your $1,000,000 widget order? You neglect to add in that the government collected $1,200,000 in taxes and borrowed another $500,000 @4% interest in order to realize $1,000,000 to pay for those widgets.
So a million hit the economy and a million seven left the economy. That's not $1 = $4, that's $1.70 = $1.00