Thursday, August 6, 2009

Getting Back to the Basics.

What made the United States great? Pretty good question. It seems like President Obama forgets what made us great. He can't stop preaching on "change" and "reinventing." Why do we have to do that? Why can't we just get back to what made us great? We've become a nation of consumers rather than producers. We need to begin producing again. The problem with that, is it cost too much for a lot of companies to do business here. Plus, who would want to do business in the United States when the President himself calls out any company that is profitable and portrays them as greedy and evil. I certainly wouldn't. The President obviously doesn't have an Economics degree or he would know that companies exist to make a profit. Profitable companies employ people, are innovative and spend on research and development. Profitable companies are needed to support a strong and healthy economy.
What are we doing to encourage companies to come back to the U.S.? The President is supporting the Cap and Trade Bill, which basically translates into the largest tax increase in U.S. history. The President supports taking over Health care, which would force businesses to provide Health Insurance for employees or pay a penalty (tax) to Uncle Sam. The President supports taking over and dumping taxpayer money into businesses that have failed. How would you feel (Ford, for example), if you did everything in your power to conduct your business to make a profit, and your competitor who has failed to generate a profit gets bailed out by the Government. Hmmm, get rewarded for failure, seems like a fantastic idea.
How does anyone expect new businesses to want to be here? The deck is stacked against them. They have higher costs of doing business, get demonized if they earn a profit and have unfair competition against Government owned and subsidized companies.
We need to get back to the basics, get back to producing goods. The only way we are ever going to get there is for the President and Congress to step back and get out of the way. We need them to have as little involvement as possible so the Economy can revitalize. We need less Government and more entrepreneurs. Lets get some legislation passed that would actually encourage business, rather than chasing it away. Lets applaud successful companies rather than make them the villain. Exxon/Mobile has been crucified the last couple years for making record profits. Do you realize, they also paid record taxes. Do you also realize it is a publically owned company, what about all the American share holders who benefited. They invested in a company that did what it was supposed to do, EARN A PROFIT!
America doesn't need to reinvent itself, it needs to elect some politicians who understand what kind of environment business needs to thrive.

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