thegreekdog wrote: Juan_Bottom wrote:
Night Strike wrote:Let's assume that all of that is true. How is it the government's job to become involved? What authority does the government have to tell a business where it is allowed to have its shop? If a company wants to move operations overseas, especially away from an environment where the current president wants to do everything in his power to make taxes and regulations skyrocket, why don't they have the freedom to do that? Should businesses also be forbidden to close down because people will lose jobs?
1) Pre-NAFTA we had laws that prevented businesses from shipping Jobs overseas. Republicans AND Democrats axed it, and they thought they were doing the right thing.
2) Republicans have blocked several measures to bring jobs to America, including the American Jobs Act, and the Bring Jobs Back to America Act, both of which were fully funded and would not have added to the national debt. Both could have saved Sensata-Freeport and Honeywell.
I would also add the fully-funded Veterans Jobs Bill, which Republicans also blocked. But that one wouldn't have helped Sensata-Freeport.
3) This isn't a government issue; this is a issue that voters have with Mitt Romney. When he profits from an immoral business deal, then it's ok because American's are all about profit. The consequences of his dealings are ignored. So when these fired workers need unemployment benefits or welfare because Bain prefers the Chinese system, then they are freeloading moochers who are adding to our national debt.
Mitt Romney could step in anytime and save these jobs. He could. But he wont. Instead he'll just take the money. Like Jesus would do.
The Bring Jobs Back to America Act would not have been fully funded. The cost of the benefits (to businesses) would have shifted from the federal government to state governments. I read the press release on the bill and it's full of bullshit rhetoric, but the basis for the bill is something we already do. We already encourage investment in the US by businesses through credits and incentives at the federal, state, and local levels (which is basically what this bill does too). There a myriad of reasons why companies go overseas with their jobs and the list includes less regulation, less money to employees, lower tax rates, better qualified employees, etc. The bill doesn't appear to fix any of those problems.
I had my doubts about those Acts, but this confirms it.
To build onto that last sentence, the expectations of businesses in the politicians and bureaucrats inability to deal with long-term problems effectively (and political uncertainty) add to their list of reasons for moving out. viewtopic.php?f=8&t=173434&start=300#p3937392