I found this article quite interesting ... and telling about our current political/economic situation. I hope the link works. This is my first time to try to post one.

http://biggovernment.com/waroot/2011...against-obama/

Originally Posted by BaylorBear

I found this article quite interesting ... and telling about our current political/economic situation. I hope the link works. This is my first time to try to post one.

http://biggovernment.com/waroot/2011...against-obama/

Link worked fine Baylor, and it's a great article. Punish the producers and the producers stop producing and...............then what? I don't expect the progressives to admit their folly, so we just have to beat them, or else continue our fall.

I'm of the opinion that the sycophants who support the economic actions of the present administration don't realize that capitalist economic failure is exactly what the socialist/progressives really aspire to. Then when the nation is at it's height of despair and depression, the government can step in and confiscate all remaining resources and business activity and regulate and distribute them in a "fair and just manner".

Chavez didn't have to wait for complete social breakdown in Venezuela because he wasn't "saddled" with our Constitution which restricts the "liberty" of government (Obama's definition). So, we have to fall quite a bit further than that country for Obama to fulfill his dream of wholesale national conversion to full socialist compliance.

She was right... just watch the news and talk to any business owner.
Some business owners are now doing the same as John Galt and his followers.. dropping out of the work world.
I did before I ever heard of Atlas Shrugged.
JJ

What compounds this is that educators did not invest studies in history and civics and hence young voters do not have an appreciation of our heritage, the Articles of Independence, etc. I guess they were too involved in study cultural diversity.

The article omits one VERY important difference between Rand's world and our own.

*Record* *bleeping* *profits*

Corporations are doing quite well, thankyouverymuch.

Originally Posted by djplong

The article omits one VERY important difference between Rand's world and our own.

*Record* *bleeping* *profits*

Corporations are doing quite well, thankyouverymuch.

And when it gets to the point when it's more costly than it's worth to keep their business stateside, why would they stay?

It's already been happening and if things don't change will only expand.

Why? Because they're MAKING MONEY here. Think about - even at 35% tax rates, that's 65% of the profit they keep.

Why is there more growth offshore? Well, to be honest, the markets are still emerging offshore.

Do you really think Ford would completely leave the country so long as they can still make so much as a dollar on a car?

The fact is, right now, the GOP is pushing for lower corporate taxes when the corporations are earning record profits and, in some very public cases, paying NO taxes at all. Not exactly a formula for leaving.

You think that if the oil companies have to give back a couple billion in TAXPAYER SUBSIDIES that they will ignore the other $40B *per quarter* that they made?

Most of the jobs in America are not created by large corporations. They are created by small businesses. Everyone can cite instances of stores and shops they used to patronize that have completely disappeared. The policies of the government must support, even incentivize, these small business owners to begin to reverse this downturn. The fact that these businesses are shuttering in droves is proof enough that the current policies are not working. That being the case, part of the solution is to get different policymakers.