Quote: (10-18-2012 08:49 AM)ManAbout Wrote:
Quote: (10-18-2012 06:18 AM)worldwidetraveler Wrote:
So it seems people resonate with Obama more (not hard to see why) but believe he may not be the right candidate when it comes to things like the economy.
How is Romney the right candidate for the economy? Romney is a Wall St. insider. The crash of 2008 was caused by these very people. It's like putting the fox in charge of the hen house.
Second, no doubt Romney has a lot of business experience. However as Romney famously stated "Corporations are people". And people do what is in their own best interest. What is best for a corporation may not be the best for the economy. Corporations maximize returns to their shareholders. They don't care about the economy. In fact, their actions very often end up killing the economy.
It's very simple. If company ships jobs to China in order to cut costs, it leaves hundreds or thousands unemployed at home in it's wake. These unemployed people it leaves behind resort to lower paying jobs or government handouts, they don't have money to buy expensive products, so to cut costs and make cheaper products, the next company moves to China, leaving in it's wake even more unemployed, and the circle continues, till so many jobs move out that economy collapses.
Mitt Romney says that the government doesn't create jobs. Fine. Then the government doesn't take away jobs either. So, why blame the job losses on Obama? It is the same businesses that he claims create job are the ones that are taking them away.
You will have to ask that question to the people that were polled.
I am still waiting on hearing Obama's plan. Got a link to it?
The government influences businesses with their policy. One big one is taxation besides regulations. Romney is right, governments have no business trying to create jobs.
We are all selfish, not just corporations. Instead of blaming the companies for being greedy (like a woman wanting a free Obama phone), you should be wondering what incentives made them close shop here and open overseas. We are in a global market now and the US hasn't seen fit to adapt in order to be competitive.
Companies are already coming out with promises of layoffs and cutting of hours to minimize qualified candidates under the new health care.
Dividends being taxed more under the health care will more than likely shrink investments into companies and thus hurting expansions.
Many IT companies have billions of dollars sitting overseas because of lower taxes. That money isn't doing our economy any good.
I don't blame them and am thinking of taking my company overseas to do the same thing. I can hire Polish programmers and never spend a dime in the US again. I can pay myself a measly salary that is totally tax free because I don't live in the US.
You see, I made the decision to work 70 to 80 hours a week for the past 5 years. I decided to develop the skills needed to build my own company. There was times I was broke but never asked for a handout. I didn't think it was right since it was my choice to go down this road. I sacrificed and I am in the position where I could be creating jobs now. Either way, if I want to grow my business faster I would have to go overseas since I would be saving a ton of money.
I would rather stay in the US and hire American workers but the salaries are higher here and being taxed twice on the same income is less than desirable.
Maybe you can build a business and help some Americans out with jobs? Don't be greedy, do it for your country.
So, with all that said, I don't think Obama will fix that stuff. I believe he has made it less desirable to doing business here. I don't know if Romney will either but I leaning towards Romney right now. I haven't decided yet. This is the stuff that is important to ME so that is what I am focusing on.