Featured Post

1021. Humpty Dumpty Joe [Biden]

 I've been quiet enough. It took me a long time to get on Obama (OBlunder) when in his times he screwed up America along with his sideki...

Wednesday, September 29, 2010

286. Dems = Protectionism = Trouble

This article warns us of the Dems moves to emphasize protectionism FORMALLY and VISIBLY. The need for a law is NOT required to compete in the world. We need to adjust to the competition: we need to correct the bad habits forced upon us by the unions and bring our work forces into check to save our own butts! We, i.e. the unions, created the problems with UNREASONABLE pensions, pa, and other perks. The unions, although they did originally have benefits, have made us noncompetitive with the world through excessive demands and lobbying. How can we expect other countries, not just China, to seriously consider helping to correct our fallacies when we are unwilling to move to correct them ourselves? Articles such as these continue to illustrate how China's currency has continued to INCREASE against the dollar, yet it still isn't enough? It also explains that lower a country's currency intentionally, such as printing more money as the U.S. is doing, increases that companies exports. So, we continue to point fingers at China when we continue to print money and lower our currency. Hey, wake up! We need to STABILIZE our currency value in order to ensure it remains the currency basis for the world! See the double-edged blade? Lower currency=greater exports=lower deficit=higher risk of dollar losing world recognition and trust=Euro or some other currency becoming the basis for oil, gold, etc. killing the dollar entirely=dollar becomes worthless=depression=NO JOBS; whereas, Don't print money=dollar stabilizes or strengthens=deficit stabilizes=more countries invest in our investments=our economy grows=MORE JOBS=economic boom. So, in my opinion, lets clean up our own house. Let's crack down on the bad union practices and drop the formal laws that would make it almost mandatory that import taxes are put on everything causing worldwide turmoil and protectionism! We need to CUT SPENDING, LOWER business capital gain taxes, eliminate the unnecessary and excessive perk requests and get on with creating jobs TO COMPETE.

No comments:

Post a Comment