- May 17, 2007
- 3,216
- 170
- 254
Unemployment insurance was intended as a stop gap assistance to help people until they can find a job. It was meant to be temporary. Unfortunately, now it seems as if people are not able to find jobs. Continuing the system is like giving CPR to a dead man.
We need to fix the problem. As it is, those jobs are never coming back. The unions have made it too expensive to manufacture anything in this country. Making it worse, the government and politicians have created a climate where anyone with any capital at all is investing abroad. No one in their right mind would start a business in this country now; they would be responsible for providing expensive health insurance to their employees and they would have to comply with a plethora of environmental and labor laws.
We cannot compete with China and India.
People rant and rave about "the corporations," but they are what produce the goods and services that we need. Poor people don't create jobs or produce products. Poor people consume, but don't produce. The village economy sounds romantic, but it is a recipe for poverty.
Who owns the corporations? Union pension funds, our mutual funds etc. We the people have a vested interest in keeping them alive and US owned. Sadly, a lot of ownership has shifted abroad. When a business is no long profitable to operate in the US, it goes on the block and is sold off.
Foreign investors don't buy businesses to deal with truculent unions and oppressive government regulations in this country. No, they move those factories to their own countries taking the jobs with them. The product seems the same and still has an "American" sounding name, but it is made abroad and the ownership is abroad.
Our society tried to provide a decent life style to everyone, whether they deserved it or not, and that is what broke us. We cared too much.
Rufus
We need to fix the problem. As it is, those jobs are never coming back. The unions have made it too expensive to manufacture anything in this country. Making it worse, the government and politicians have created a climate where anyone with any capital at all is investing abroad. No one in their right mind would start a business in this country now; they would be responsible for providing expensive health insurance to their employees and they would have to comply with a plethora of environmental and labor laws.
We cannot compete with China and India.
People rant and rave about "the corporations," but they are what produce the goods and services that we need. Poor people don't create jobs or produce products. Poor people consume, but don't produce. The village economy sounds romantic, but it is a recipe for poverty.
Who owns the corporations? Union pension funds, our mutual funds etc. We the people have a vested interest in keeping them alive and US owned. Sadly, a lot of ownership has shifted abroad. When a business is no long profitable to operate in the US, it goes on the block and is sold off.
Foreign investors don't buy businesses to deal with truculent unions and oppressive government regulations in this country. No, they move those factories to their own countries taking the jobs with them. The product seems the same and still has an "American" sounding name, but it is made abroad and the ownership is abroad.
Our society tried to provide a decent life style to everyone, whether they deserved it or not, and that is what broke us. We cared too much.
Rufus