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Dylan Ratigan: Three Ways Our Government Could Trigger the Creation of Many More Private Sector Jobs

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-11 09:35 AM
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Dylan Ratigan: Three Ways Our Government Could Trigger the Creation of Many More Private Sector Jobs
http://www.opednews.com/articles/Dylan-Ratigan--Three-Way-by-Richard-Clark-110809-4.html

In a recent bulletin that he sent out to those on his mailing list, Dylan Ratigan explained that to create sustainable and decently paid jobs, a country must have more money coming in than going out. But we have the exact opposite, he says, with much more money leaving the country than we have coming in! And until we reverse that trillion-dollar imbalance, it is mathematically impossible to create anywhere near enough of the kind of jobs Americans need to climb back into the middle class.

There are three main components of the US economy that affect and determine the flow of money in or out of our country and thus the number of good jobs that will be generated. They are: Trade, Taxes, and Banking. Let's examine each one and ask what the government might do with each one to trigger the creation of more jobs.

1. Trade: Our Government Must Incentivize Corporations to Keep Jobs Here

If you look at the math of the so-called free trade agreements such as NAFTA, you will see that they put our country at a disadvantage and literally force American CEO's to do business that rewards them and their companies but hurts the rest of us.

More at the link --
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ananda Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-11 09:37 AM
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1. Difference of perspective. The way I see it . . .
. . . companies outsourced or outsourcing should be punished severely,
not incentivized.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-11 10:05 AM
Response to Reply #1
3. The growth isn't in the US anymore.
If you want to punish US companies maybe they would leave.
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-11 10:00 AM
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2. it looks like a deregulation model--but companies aren't hiring because they see a lag in demand
making govt. smaller contributes further to that lag in demand.

Companies has stockpiled money but still are not hiring. It is not because of regulations or because they can make more money elsewhere. They aren't hiring because they do not foresee greater demand for goods because of the amount of unemployment. By shrinking government, the APPEASE THE PRIVATE SECTOR MODEL of removing government paychecks and thereby creating more unemployment, only worsens the problem of the lag in demand.

What the economy needs is an injection of government involvement to address unemployment in order to address what the Private Sector sees as a lag in demand thereby convincing Private business to loosen their grip on their cash reserves and start hiring people.
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