Talk of The Villages Florida - View Single Post - 26 Million Americans Underemployed
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Old 10-23-2011, 08:13 PM
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please someone show me where the current administration has initiated any efforts with corporate America to embark upon any job creation initiatives. I won't lose sleep waiting. I don't know if the current administration is against business, but they sure are NOT pro business.

The jobs creation problem is very easy to ignite...it cannot and will not be done by those with political agendas in general and Obama's agendas in specific.

Those trillions of dollars of profits sitting off shore are there to avoid the current tax structure for repatriating those profits back to the USA. It has been discussed and summarily rejected each time to reduce the corporate tax rate for expatriated profits. That translates into the ignorant conclusion of doing corporations a favor. Really? A lesser rate on trillions of dollars equals a substantial amount of money to be paid in taxes and significant millions/billions of dollars back in America to be invested in America. VS the current rate times zero dollars coming back = zero.

Someone help me understand why the business as usual makes sense?

btk