An Agenda For Building Meaningful Economic Wellbeing
By: Doug Busselman, Executive Vice President
This morning’s reading materials included a news release from the national Democrats on how Senator Harry Reid has introduced his energy bill which will create 150,000 jobs by doing things like somehow making homes more energy efficient and punishing British Petroleum for the oil spill in the Gulf of Mexico. I also read a news release from a joint group of folks working on increasing our country’s exports.
Despite not being an economist by training, I would guess that if we could double our nation’s exports, there would be jobs established in the process, although I don’t have the ability to come up with the exact number as is the case with Senator Reid’s introduction of legislation in the U.S. Senate. (Although I could just make up a number -- since I think that's the same technique used by those who work in Washington, D.C. and are involved in telling us how many jobs their legislation will create...)
I might also venture to guess that if our country’s agricultural, manufacturing and service industries were able to accomplish the objective of doubling our exports – the jobs created might actually be more lasting than the government make-work created from taxpayers forking over their hard-earned money to provide for the redistribution plans of the ruling regime in charge of our national government. I suppose it wouldn’t be quite as politically correct given the nature of enterprises which produce profits through producing and selling items that others purchase because they need or want to buy, but it would still seem to be more real economic enhancement than what the energy bill will actually deliver.
I understand that we are in the cycle (that every-other-year time-frame where those we elect to be our representatives need to convince enough people that they are doing their jobs so they will be re-elected) where it is necessary to create the impression that government has the ability to create economic well-being by taking money from those who have it and giving it to those who don’t – but, has anybody been paying attention to the fact that this hasn’t been actually working? Has anybody paid any attention to the way that government has been spending and in spite of making up new metrics (“jobs saved”) our economy is still not performing in a manner that those who actually create jobs (by producing and selling products or services that people purchase because they need or want to buy) are able to provide employment?
Growing government’s ability to take away more of the private sector’s resources (through increased taxes and greater regulatory burdens) will not accomplish the desired results of creating a healthy and productive economy. We have plenty of taxes and regulatory burdens already and it hasn’t seemed that the taxes are enough to pay for the government spending orgies that have been taking place and the regulations that are already in place aren’t being carried out to accomplish the protections they were supposed to provide. Adding more and more is not going to do anything other than make it less likely that anyone will be able to do anything worthwhile.
It seems that those who have come forward with the proposal to increase our exports are on a much more productive path to building our economy with meaningful steps that can be carried out to accomplish something. Now we need those who are supposed to be representing us to stop doing the things that kill jobs and our economy and start doing the things that create opportunities for productive people to grow us out of the hole we’re in.
This morning’s reading materials included a news release from the national Democrats on how Senator Harry Reid has introduced his energy bill which will create 150,000 jobs by doing things like somehow making homes more energy efficient and punishing British Petroleum for the oil spill in the Gulf of Mexico. I also read a news release from a joint group of folks working on increasing our country’s exports.
Despite not being an economist by training, I would guess that if we could double our nation’s exports, there would be jobs established in the process, although I don’t have the ability to come up with the exact number as is the case with Senator Reid’s introduction of legislation in the U.S. Senate. (Although I could just make up a number -- since I think that's the same technique used by those who work in Washington, D.C. and are involved in telling us how many jobs their legislation will create...)
I might also venture to guess that if our country’s agricultural, manufacturing and service industries were able to accomplish the objective of doubling our exports – the jobs created might actually be more lasting than the government make-work created from taxpayers forking over their hard-earned money to provide for the redistribution plans of the ruling regime in charge of our national government. I suppose it wouldn’t be quite as politically correct given the nature of enterprises which produce profits through producing and selling items that others purchase because they need or want to buy, but it would still seem to be more real economic enhancement than what the energy bill will actually deliver.
I understand that we are in the cycle (that every-other-year time-frame where those we elect to be our representatives need to convince enough people that they are doing their jobs so they will be re-elected) where it is necessary to create the impression that government has the ability to create economic well-being by taking money from those who have it and giving it to those who don’t – but, has anybody been paying attention to the fact that this hasn’t been actually working? Has anybody paid any attention to the way that government has been spending and in spite of making up new metrics (“jobs saved”) our economy is still not performing in a manner that those who actually create jobs (by producing and selling products or services that people purchase because they need or want to buy) are able to provide employment?
Growing government’s ability to take away more of the private sector’s resources (through increased taxes and greater regulatory burdens) will not accomplish the desired results of creating a healthy and productive economy. We have plenty of taxes and regulatory burdens already and it hasn’t seemed that the taxes are enough to pay for the government spending orgies that have been taking place and the regulations that are already in place aren’t being carried out to accomplish the protections they were supposed to provide. Adding more and more is not going to do anything other than make it less likely that anyone will be able to do anything worthwhile.
It seems that those who have come forward with the proposal to increase our exports are on a much more productive path to building our economy with meaningful steps that can be carried out to accomplish something. Now we need those who are supposed to be representing us to stop doing the things that kill jobs and our economy and start doing the things that create opportunities for productive people to grow us out of the hole we’re in.
Posted by Doug Busselman at 7/28/2010 5:06 AM 
Categories: Economy
Tags: Trade Energy Bill Government Regulations Economic Development Congress
Categories: Economy
Tags: Trade Energy Bill Government Regulations Economic Development Congress
racketeering plain and simple.
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