More Help Desk Jobs Exported?
Not only does Bush Co. want public jobs privatized, they think that it is just hunky dory for them to be exported to countries where they can hire people to do what you do for ½ to 1/3 of what they pay you! WOOT. How good is that for our job picture?
I have called three of my friends who have small companies here in Spokane. I have asked them if they think that the tax cut that Bush Co. wants will encourage them to hire more people. All three laughed. Here in a nutshell is what they said.
They can hire as many people as they want right now. If they don’t have the cash they can borrow the money. Interest rates are so low that it does not take much to regain their investment. The problem is that there is no market for the things they are making. No amount of extra cash will get them to increase production. And with no increase in production it does not take a genius to guess that they won’t be hiring in areas of marketing or sales.
It is a chicken or egg thing. In this case the employment or extra money for people to buy their goods is what is needed for them to expand their business. This is real rocket science. *NOT* It is what most economists have been saying all along.
So we will borrow our way into further debt. Hopefully we will not go so far that we can not recover once we get someone in the white house and in congress that has the ability to see that the power in this country has not come from the rich (who really do not need to work) but from the middle class.
10:49:22 AM
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