Republicans shoot down BRING THE JOBS HOME ACT!!

Let's not use 'Freedom' as code for letting the wealthy have the freedom to enslave the rest of us.

Originally posted by Labrynth2012
They don't need to put an ACT in place. They need the President to sign a letter of intent to WITHDRAW from the NAFTA / GATT Treaty and would essentially end the JOBS going outsourced PERIOD !

Absolutely right. I am amazed at the fact that even the so-called "elightened" people here on ATS want to treat the symptoms rather than eliminate the cause.

As for the "Democrat vs. Replublican" crap, you people are just showcasing your immense ignorance if you think there is ANY difference between the parties. Both are having an equally good laugh at your expense, and you're eating it up.

reply to post by Wrabbit2000


Cutting corporate taxes and all that other nonsense you repubs keep claiming will work is the policies that created this mess we are in. At what point do you face the reality that free market ideology does not work. Free market economics is foolish, idealistic nonsense just like communism.

We can fix the problem the way the WW II gen did, high taxes on the rich, strong unions, and sound regulation, the proven formula.

Instead of all this free market mumbo jumbo.

reply to post by maxzen2004


We don't need the government to enact trade restrictions, give incentives to companies to "bring jobs home" or any other government intervention! We as American consumers, who have the power to decide what we will buy and from whom, only need to do our homework and buy only from American companies who manufacture goods here and employ American workers to make the goods. We all need to "take the blue pill" and wake up and see beyond the illusion that's being foisted on us as reality! Divide and conquer is killing us people, figuratively and literally!

Originally posted by maxzen2004
It would remove encentives to U.S. companies to ship jobs overseas and give them tax breaks to bring the jobs home. Republicans voted against it, it only took 10 days for them to kill it.



www.govtrack.us...

No surprises here.

This nothing new for the "party of no" and all the while they will beat the drums and claim Obama does nothing for jobs and has caused a politicaly devided country.. All the while its been them doing it, and a thousand fox news viewers love every minute of it.. Even when proven wrong time and time again, they buy into it.. They use you, and you love it.

I think this comes up in Congress from time to time and the GOP always shoots it down. The GOP just simply does not get it. Americans need jobs. Something must be done to keep job in America. I understand exactly why the GOP does not want this to pass. They are worried about limiting the market from expanding. The point they miss is that over extending the expansion of the US market is exactly why jobless rates are so high in the US.

It is simple. Limit the places in which businesses can seek out labor. Those businesses will start to seek out labor in the US more often. More people will have jobs. More common people will have money to burn; after they get caught up on their bills of course. Common people will start to spend more money over time and the market will be a bit more stable.

reply to post by WeRpeons


Read Bastiat to figure out why protectionism is wrong.

reply to post by freedomwv


All that does is artificially inflate labor costs above market value. Price floors don't work and neither do bribes.

Foreign trade is not a bad thing people, it provides lower prices and brings foreigners out of poverty without the glorious UN aid waste.

We would have many more jobs if Reid and Obama would open up more federal lands to drilling and rein in the activist EPA.

reply to post by poet1b


The result of that is the 70s stagflation.

Labor is still a commodity and price floors don't work.

First world middle class status is not an entitlement of citizenship.

reply to post by poet1b


The European mixed paradigm is doing worse than us.

If free market=failure explain why Texas is doing better than Kalifornia while having similar amounts of oil and other resources and a similar population demographic.

Explain Singapore, Hong Kong.

Socialism has always failed without an oil export gusher to feed it.

reply to post by AntiNWO


Even Krugman supports the principle of Free Trade, mercantilism doesn't work, the slowdown in the chinese economy is yet more evidence of it.

Pick up an econ textbook and understand what Ricardo and Bastiat figured out 150+ years ago.

Protectionism does not work, it caused multitudes of wars throughout history.

en.wikipedia.org...
en.wikipedia.org...

reply to post by goldspirit


Like the European mixed paradigm, Russian/Chinese kleptocracy, facism/communism is any better. This is the greatest country in the world with so much opportunity and government waste than 20 million illegal aliens have invaded here, and a large number working.

As Booker T Washington said, cast down your bucket where you are. No one works for the rich unless the rich hired them, but ever seen a poor person hire anyone?

This isn't really much of a commentary on the content of this thread per se...

But if we keep looking at everything as "republican vs. democrat," we're not going to get out of this overall cycle

The Current Romney veep pick helped push a bill to require UPS to fund pensions for employees they might have in something like 2057. Some of these people aren't even born yet.

It was designed to basically bankrupt our post office and make it fail.

If Republican governors were NOT in office -- then we'd have better than 6% unemployment right now. Why? Because they've been laying of Public employees.

The Republicans are doing what they can, to make sure the economy doesn't limp back -- of COURSE the Republicans would stall a bill that brought jobs home. Some of the Dems would too.

We've got a US Chamber of Commerce that is mostly staffed by multinational corporations who outsource jobs and support candidates who ship jobs.

We are chock full of traitors -- who is surprised by this? It's "get what you can" and head for the Yacht. But the Republicans are on top of the heap as far as wanting to ruin this country so they can get more political control. The ends don't justify the means -- the "means" are the ends.

The best way for Oligarchs to take complete control is to destroy our economy. They have enough power and money -- they just want more. They want us desperate for the giggles. To see people squirm.

People who pretend a Gordon Gecko figure like Mitt Romney is going to "CEO wisdom us" out of this crisis are deluded, or they don't want to admit they also want things to get worse.

WE could easily turn this economy around -- but it would require doing the opposite of what the Republicans have been selling us for 30 years. PEOPLE are the economy. So you help the people have good paying jobs -- and you have to tax the rich and you have to end the wars and you have to bring justice back and force fairness at the point of a gun.

Or we can keep experimenting with "Globalism" "Supply-side economics" and a free market. How can a pure capitalist system function if we have 7 Billion people on the planet and "expanding markets" means that our ecosystem collapses because we've taken too much out of it? We already use 1.5 times the earth's "Carrying Capacity." When we can no longer dig up the reserves and no longer breed new consumers -- this "experiment" in unfettered capitalism comes to a screeching halt. It isn't just killing this country -- it's totally unsustainable for the Chinese, India, and the rest of the world.

But the FOOLS gotta have their big SUVs, their guns, and eat their steak and potatoes. The "Free Man" has to vote Republican because they pitch the "lone wolf" and patriotism, and make your gonads get bigger. Stop being a slave to product marketing and realize that you've been eating Sugary Cereal because on the box that figure of Tony the Tiger made you feel strong. Stop being chumps.

I have said it before and I will say it again. If we can tie the pay rate of our Senators and Representatives to the average pay of their constituents they will do whatever is necessary to get jobs back to the people they represent.
None of them will want the average to be calculated from minimum wage.
House of Representatives = 4X
Senate = 5X
President = 6X

reply to post by AntiNWO


Your avatar shows your own bias loud and clear.

I'm guessing you're a tea partier?

so has anyone that even remotely understands how business works, or has ever taken any economics classes actually read the bill? It does nothing but create a talking point for the upcoming election cycle.

It provides up to a 20% tax credit only for the costs related to a relocation for that taxable year. The federal and state taxes are the same rates, and it does not apply to any employee related expenses such as pensions, benefits or wages.

So, you tell a multi national business that you want them to bring jobs back and they need to expand or build a new plant to do it and you will give them 20% off of taxes on the costs of that expansion or new plant. So, yeah, who in their right mind would do it? The billions of dollars just sitting stagnant in overseas accounts are still sitting there, they are not going to bring it back, why would they? Would you bring back your 10 billion dollars to give the federal government 5 billion of it and then another billion or so to the state you are in? Sounds pretty stupid and anti business to me.

Jobs are overseas because the federal government makes it too cost prohibitive to manufacture anything here. When you have the corporate income tax, property tax, licensing , compliance with the staggering amount of regulations on everything, and I mean everything. You do realize that every action conducted at your work place has some form a regulation put on it by some federal agency don't you? OSHA telling you that the toilet paper holder has to be a certain height etc. These regulations cost the company in fees and licensing. Then the EPA gets involved with more regulations. Then the health department and the state dept of labor, and on and on. Then the county and city tax commisioners . everywhere you turn the governement is draining more and more money from all businesses. Manufacturing in America is just plain old fashioned too expensive to do, so why do it?? You really think spending billions of dollars in expanding an existing plant or building a new plant and receiving a 20% tax credit is going to entice them to it? If they did do it, they were either planning on doing it prior to this legislation or they were complete morons one or the other.

Originally posted by Planet teleX
reply to post by Carseller4

 

Preventions for such could easily be worked into it.

There simply is no reason this shouldn't work, unless someone doesn't want it to.

Show the preventative language within the bill...when the preventative language is in, I am sure it would get support...