Yeah! You tell 'em, Representative Kelly!
Showing posts with label Economic Climate. Show all posts
Showing posts with label Economic Climate. Show all posts
Friday, July 27, 2012
Sunday, August 21, 2011
Maxine Waters Says "The Tea Party Can Go Straight to Hell"
Maxine Waters, a Democrat from Los Angeles, says the Tea Party "can go straight to hell." Yeah, that'll cure our economic woes and put people back to work. The Los Angeles Times reports:
What airhead Waters overlooks is that California's rotten economy is the result of years of rule by Democrats. California is probably the state most hostile to business, resulting in massive outward immigration of businesses, jobs and tax revenues to friendlier states. Congress does not and cannot create jobs, only the private sector can do that. What we need is a government that is friendly to business and greases the skids to job creation by the private sector, through low government spending, low taxes, cheap energy and a lot less red tape.
An absence of uncertainty is also critical. Since starting a business involves risk, entrepreneurs will refrain from new ventures with major uncertainties pending about taxes, governmental regulation, the cost of energy, a failing financial sector (resulting from governmental intervention like the subprime mortgage fiasco), massive governmental deficits, inflation and the onset of Obamacare.
The economy is like a garden; you can only encourage growth, you cannot command it. You can provide the right environment in which vegetables can grow and prosper, e.g. by giving the seedlings adequate water, fertile soil and sunshine. If you reduce any of the critical elements to growth, growth will slow and the plants may even die. You cannot make the plants bloom through clever rhetoric, talking points and bumper-sticker slogans. The right environmental factors must be there or the garden will not produce, period.
I suspect that once Obama is turned out of office, new growth will erupt like trees blossoming in spring.
Rep. Maxine Waters (D-Los Angeles) came out swinging against Republicans in Congress on Saturday as she addressed the unemployed during a forum in Inglewood.Since the Tea Party is in fact a grass-roots movement of the people, Maxine Waters is actually telling the people to go to hell. Thanks Maxine; after almost three years of Obama, most of us have been living in hell quite long enough. Telling people with the right solutions to "go to hell" will make the problem worse, not better.
The event occurred a day after new statistics were released showing that California's jobless rate last month went up to 12%, from 11.8%. California now has the second-highest rate of unemployment in the nation, trailing only Nevada at 12.9%, and its jobless rate is well above the U.S. average of 9.1%.
Waters vowed to push Congress to focus on creating more jobs. "I'm not afraid of anybody," said Waters. "This is a tough game. You can't be intimidated. You can't be frightened. And as far as I'm concerned, the 'tea party' can go straight to hell."
What airhead Waters overlooks is that California's rotten economy is the result of years of rule by Democrats. California is probably the state most hostile to business, resulting in massive outward immigration of businesses, jobs and tax revenues to friendlier states. Congress does not and cannot create jobs, only the private sector can do that. What we need is a government that is friendly to business and greases the skids to job creation by the private sector, through low government spending, low taxes, cheap energy and a lot less red tape.
An absence of uncertainty is also critical. Since starting a business involves risk, entrepreneurs will refrain from new ventures with major uncertainties pending about taxes, governmental regulation, the cost of energy, a failing financial sector (resulting from governmental intervention like the subprime mortgage fiasco), massive governmental deficits, inflation and the onset of Obamacare.
The economy is like a garden; you can only encourage growth, you cannot command it. You can provide the right environment in which vegetables can grow and prosper, e.g. by giving the seedlings adequate water, fertile soil and sunshine. If you reduce any of the critical elements to growth, growth will slow and the plants may even die. You cannot make the plants bloom through clever rhetoric, talking points and bumper-sticker slogans. The right environmental factors must be there or the garden will not produce, period.
I suspect that once Obama is turned out of office, new growth will erupt like trees blossoming in spring.
Wednesday, July 13, 2011
CNN: "Businesses Fleeing California In Droves"
Gee, why am I not surprised? CNN tells the story:
Of course, I presume the Commiefornians will be happy to see the evil corporations go elsewhere, taking their capitalists, their jobs and their tax payments elsewhere. Then Commiefornia can once again become the natural paradise it longs to be, Gaia be praised.
I'd follow those businesses out of this Marxist fantasyland, but truth be told, I'm too long in the tooth to start over someplace else. Egad, I do envy the outward bound, however. Go East, young man, go East!
....
Companies are "disinvesting" in California at a rate five times greater than just two years ago, said Joseph Vranich, a business relocation expert based in Irvine. This includes leaving altogether, establishing divisions elsewhere or opting not to set up shop in California.Yes, California is finding, like Greece and Ireland, that liberalism is ruinous to an economy. You really can't have something for nothing; someone has to pay the price.
"There is a feeling that the state is not stable," Vranich said. "Sacramento can't get its act together...and that includes the governor, legislators and regulatory agencies that are running wild."
Of course, I presume the Commiefornians will be happy to see the evil corporations go elsewhere, taking their capitalists, their jobs and their tax payments elsewhere. Then Commiefornia can once again become the natural paradise it longs to be, Gaia be praised.
I'd follow those businesses out of this Marxist fantasyland, but truth be told, I'm too long in the tooth to start over someplace else. Egad, I do envy the outward bound, however. Go East, young man, go East!
....
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