A last minute call from 17 Senate libs to delay the ObamaCare medical device tax was just presented and will not be considered by either Reid or Obama. Their arguments are basically the same as those posed by the GOP a few years ago. The bottom line is that tax burdens on American manufacturers will not be felt by foreign competition creating layoffs, reduced production, and a shut down in further R&D in America.
Obama was in Detroit Monday, continuing his lame duck campaign, unaware he was almost next door to A123′s Livonia location, and simply could not control himself: “I just got to say this, what we shouldn’t be doing is trying to take away your rights to bargain for better wages and working conditions. You know, these so called right to work laws, they don’t have to do with economics. They have everything to do with politics. What they’re really talking about is giving you the right to work for less money. … We don’t want a race to the bottom, we want a race to the top. America is not going to compete based on low skill, low wage, no worker’s rights… We’ve got to get past this whole situation where we manufacture crises because of politics.”
The economy today is now a global economy. Higher wages translates into fewer jobs, there is competition everywhere. America’s first hurdle is taxes, no other country charges more, and that’s before we even approach regulations. The takeover and control of small business such as the medical devices described above has become more focused with Obama although wage control efforts were prevalent back in the ’90′s with ACORN.
Today’s goal to eliminate companies such as Walmart includes Obama’s ‘new wage floor’, a plane which jacks up employees wages almost a third to $12.25 an hour. Other target retailers include Walgreens, Target, Best Buy, Safeway… Obama told Detroit that the country will not compete on low skill but this plan is focused on eliminating transitional jobs. I started off as a caddy.
In the FDR days private sector unions were permitted extensive collective bargaining rights over limited profits while the public sector had none over government other than to petition Congress. When government unions strike the people are deprived of the services they pay for such as education.
The private sector unions peaked in the 1950′s and the public sector became the obvious new source for union dues. In order to milk that source the negotiating leverages were given to government employees and it wasn’t long before they became the dominant union.
All of the promises from Obama to rebuild the private sector union force, to literally steal their dues, tease them into the big campaign spending, realizing all along that they, like the retailers and small business, would eventually be thrown aside. Those 17 lib senators who either did not read the fine print on ObamaCare, or like the private sector unions, bought into the promises, realize they too will go down in history as fools.
The GOP screwed up in their inability to define the problem to the people and eliminate it from there but they did not participate in the creation of this disaster. They did not intentionally wreck the lives of American citizens. They will not be vacationing in Hawaii while Obama’s plan destroys another million more jobs and places all those more billions on the national credit card. They definitely did not eliminate the private sector unions. Thank Baracka Claus for Chrysler!
Medical-device makers fight tax