Posts Tagged ‘economics’

Who is going to create jobs if not business?

Posted: May 21, 2010 by datechguy in opinion/news
Tags: ,

Again we see the media and the left (I know that’s redundant) celebrating the passage of a law that has kicked the stock market between the legs:

Stocks logged their biggest drop of the year Thursday as investors worried about two events coming Friday — a German vote on the EU bailout and options expiration.

Plus, a vote in the Senate to end debate on financial reform cleared the path for a final vote tonight or tomorrow, which added another layer of selling pressure.

It’s very simple, if you want to create jobs you need business to be able to make money and make profit. If they do not then they will not hire.

Small business, big business any business that is the way it is. As long as this administration is unfriendly to business and the bottom line, the jobs are not going to come.

And remember those jobs produce TAX PAYERS. Without taxpayers we can’t continue on the route we are going.

This is economics 101. Until or unless people figure this out the economy will not recover. Period!

Just 12 hours ago I wrote this:

The new Fiscal commission has one single purpose: To give congressional democrats political cover for the creation of a national VAT/sales tax. Even rank and file democrats aren’t going to support this, but once there is a commission then the media will make it the “responsible” decision and the lemmings who walk with the democrats and the media will do so.

Right on cue here is the Washington post describing the VAT as responsible:

The sensible real-world answer, many economists argue, is a value-added tax that would encourage saving at the same time it pays down the deficit to manageable levels. But politicians are terrified of being right too soon on this one.

As opposed to actually freezing and/or cutting government which for some reason isn’t a sensible answer.

Unfortunately for David Ignatius et/al the public see through this stuff as Rasumssan reports:

President Obama this week formally kicked off meetings of his bipartisan deficit reduction commission, but most Americans view the commission as cover for Congress to raise taxes.

I think people might have finally decided they’ve had enough and all the MSM advocacy in the world is not going to change it.

I don’t know the demographics of their customer base, but for their sake I hope it is basically liberal activists because this will not play well with conservatives:

“For the last 16 years our headquarters have remained on Long Island where we continue to sell and distribute AriZona Iced Teas and beverages,” the company said in a statement to correct what it called “misinformation” about its origins.

The only problem? The polls show people favor the Arizona law and as you might recall last time national protests on immigration came up they backfired spectacularly. In addition conservatives are energized as never before. Might be a bad time to side against them.

They might have been better off just keeping quiet, if the country is 60-40 or 70-30 on an issue do you want your customer base from the 60-70 or the 30-40?

Your choice people.

…because on those days Morning Joe doesn’t even pretend to have balance. Sam Stein of the Huff-po, Andrea Mitchel, Norah O’Donnell, Willie & Savannah.

Now Joe & Mika deserve a night off, particularly when they are at a late night event. When Joe was tweeting about the party at 11 (presuming he does his own tweets) I was thinking “When does the man sleep?” So you’ve got to give them a day. I don’t have an issue with that but you can’t put at least one conservative on the panel?

A few points:

ITEM: Yesterday from the president’s speech the line that is going to resonate is the “at a certain point you’ve enough money” bit. MSNBC doesn’t think that line was worth a quote, nor was the sight of riot police called on elderly Tea Party people at the event. (The video is very funny). Not even worth a comment. Instead they play over and over again “I don’t want wall street writing the bill.” Nothing like hard reporting and that adversarial relationship between the press and those in power.

ITEM: Today they covered the Gordon Brown stuff and Andrea Mitchell give the old “some people would call that bigoted” line. If you have paid any attention to the media over they years you will not that when someone in the media says: “some people” they mean “I think but don’t want to say it”. The clip of her reaction at first not believing he would say it was priceless. Note that nobody objected to actually considering the woman a bigot, just that Mr. Brown has been caught saying it.

ITEM: It is usual when you can segue from one similar story to another to link them. Yesterday in NY you have an State Senator calling Republicans White Supremacists publicly. That might have been an interesting tie in. Nope nothing to see here.

Joe and Mika where are you?

They bring in Pat for the Israel segment and final hour will they redeem themselves? It will be fun to find out. I’ll live blog it.

8:15 a.m. Nothing much to see in the Greg interview, played fairly straight.

8:22 a.m. Kelly O’Donnell joins the table replacing Andrea, boy that is going to add balance.

8:39 a.m. Luke Russert is on the set, I wonder where that will send the scale.

Update: Shana says Joe does his own tweeting. That’s rather cool