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I believe in what Romney is saying, basically that by cutting taxes on businesses etc will encourage growth and create jobs therefor creating a larger tax base and increasing the goverments income. I also know that this is what JFK proposed in the 60s and i guess basically Reagan as well.
The problem i see with this, and that i saw with the bailouts etc, is that there is no guarantee that these companies will invest that money here. They will invest it where they can get the biggest return which is in China. Due to slave labor wages, no regulations and a general anything goes aslong as we are taking jobs and money from the US attitude.
I know of course that this will help here alittle bit but not anywhere in the level in which we need. Sale, service etc do not employ enough people but factories can employ thousands of people.
I am 100% into making the US the manufacturing capital of the world, we should have never let it go as its what built this country, but how can we reverse this?
Alot of these politicians and people in power have gotten rich off their investments etc in china. Can we actually expect them to vote against their personal best interest?
Im glad its finally being brought up but when will they actually do something about it?
Seems like they will have to do something un-american if you will to change it, like banning doing business with china or something major and i just dont ever see that happening.
If they did, it would piss people off here big time, no more huge TVs for $1200 or iphones for $200. People would have to save for months to buy those things but wouldnt it kinda be a "return to americas roots" so to speak?
Im not an Obama supporter either, his idea that we need more taxes and regulations is going to futher drive american companies under. And his spending is stupidly out of control. His biggest issue was healthcare when the american economy is going down? We cant afford that stuff right now, we need to get money back in this country and fast!
I cant be the only one thinking this and its my biggest concern for the country. Thoughts?
The problem i see with this, and that i saw with the bailouts etc, is that there is no guarantee that these companies will invest that money here. They will invest it where they can get the biggest return which is in China. Due to slave labor wages, no regulations and a general anything goes aslong as we are taking jobs and money from the US attitude.
I know of course that this will help here alittle bit but not anywhere in the level in which we need. Sale, service etc do not employ enough people but factories can employ thousands of people.
I am 100% into making the US the manufacturing capital of the world, we should have never let it go as its what built this country, but how can we reverse this?
Alot of these politicians and people in power have gotten rich off their investments etc in china. Can we actually expect them to vote against their personal best interest?
Im glad its finally being brought up but when will they actually do something about it?
Seems like they will have to do something un-american if you will to change it, like banning doing business with china or something major and i just dont ever see that happening.
If they did, it would piss people off here big time, no more huge TVs for $1200 or iphones for $200. People would have to save for months to buy those things but wouldnt it kinda be a "return to americas roots" so to speak?
Im not an Obama supporter either, his idea that we need more taxes and regulations is going to futher drive american companies under. And his spending is stupidly out of control. His biggest issue was healthcare when the american economy is going down? We cant afford that stuff right now, we need to get money back in this country and fast!
I cant be the only one thinking this and its my biggest concern for the country. Thoughts?
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