Categories: Opinion

Blame Corporations?

Would you hire people purely out of national loyalty knowing that doing so meant your company would eventually become fiscally insolvent?

Corporations, like any business, are in business to make profits. Jobs are the byproduct of profits, not the other way around. Until U.S. corporate tax rates are cut to globally competetive levels, the corporations will outsource jobs overseas in order to make profits for their investors. Unless capital gains taxes are reduced to globally competetive levels, private capital is disincentivized to invest in America. Until Dodd Frank is repealed, small banks, which make small business loans are going to go out of business because they can’t afford to pay the armies of lawyers and accountants needed to comply with the new regulatory burdens. Unless EPA regulations are reduced to levels that allow manufacturing to become cost effective, there will be no new manufacturing. Until obamacare is repealed, businesses and corporations will not add new jobs because they have no idea what the healthcare costs will be for new hires.

You can blame big corporations all you want for shipping jobs overseas but in doing so, you’re completely missing the point that corporate decisions to ship jobs oversears are a reaction to the real problem. High tax burdens, excessive regulations and big government interference in private businesses and private industries.

https://mjfellright.wordpress.com/2011/10/12/blame-corporations/

Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and GETTR

Share
Published by
Rich Mitchell

Recent Posts

JD Vance Gets America’s Creed and Heritage Right

With America's 250th birthday as an independent nation coming up in 2026, the big debate…

1 hour ago

President and Melania Trump Answer NORAD Santa Calls – 12/24/25

President Donald Trump and First Lady Melania Trump took several NORAD Santa Calls on Christmas…

2 hours ago

Eurocrats Melt Down Over Trump Barring Censorship Police From US

European officials and left-wing advocates erupted Wednesday after the Trump administration moved to bar five…

2 hours ago

Biden Judge Refuses To Let Trump Decide Who Should Have A Security Clearance

A federal judge reversed President Donald Trump’s decision on Tuesday to strip an attorney’s security…

2 hours ago

Obama Judge Hands Trump Victory In Battle Against H-1B Pipeline

A federal judge handed President Donald Trump a major victory on Tuesday night in his…

9 hours ago

Most Americans Say Christmas Is The Most Important US Holiday, Poll Shows

Most Americans still view Christmas as the most important U.S. holiday, according to a recent…

10 hours ago