Kerry'n'Job Creation

Discussion in 'Politics, Religion, Social Issues' started by Desertrat, Mar 26, 2004.

  1. Desertrat macrumors newbie

    Joined:
    Jul 4, 2003
    Location:
    Terlingua, Texas
    #1
    Made a run up to Alpine, today, which put me into radio range. Heard a news squib that Kerry promises to add ten million jobs during his first presidential term. Anybody heard any details?

    I'm curious about just how this could be done and what sectors (Heavy industry? Light manufacturing?) would be most affected.

    'Rat
     
  2. zimv20 macrumors 601

    zimv20

    Joined:
    Jul 18, 2002
    Location:
    toronto
    #2
    link

    you may compare the details of kerry's plan to bush's, from the same article:
     
  3. vwcruisn macrumors regular

    Joined:
    May 7, 2003
    Location:
    Santa Monica, Ca
    #3

    hmm.. so bush's plan is to make broadband internet available all over the world? wouldnt that be helping businesses that choose to move overseas? Or am i reading that wrong?
     
  4. zimv20 macrumors 601

    zimv20

    Joined:
    Jul 18, 2002
    Location:
    toronto
    #4
    article said 'country'

    what you're missing is the burden of paperwork. in fact, bush's campaign slogan should be "it's the paperwork, stupid!"
     
  5. Desertrat thread starter macrumors newbie

    Joined:
    Jul 4, 2003
    Location:
    Terlingua, Texas
    #5
    Hokay. I found the USA Today article, and read an article in the Yahoo news.

    Some bits and pieces: 9% of the lost jobs of the last three years were outsourced. If that's so, the other lost jobs come from reduced sales.

    Three million lost manufacturing jobs represent 1/6th of the manufacturing workforce. I have read that in general, manufacturing jobs have been on the decline since before Clinton.

    I can see how Kerry's plan would help keep corporations in better financial shape, but I don't see how it would increase sales. And it's the increase in sales which leads to more hiring.

    Stipulate for the moment that some number-cruncher's conclusion that red tape, regulation and suchlike paperwork and compliance does indeed add 35% to the cost of doing business. I don't see how Bush' "paperwork reduction" could reduce that 35% enough to matter. We aren't gonna quit regulating in those areas of max cost: Environmental concerns, e.g. Or OSHA. Heck, the EEOC stuff...

    I can see how both guys' ideas could help the stock market, but I don't see how any of it would add sales.

    Since the dot-com crash, much of the consumer spending has come from the world of refi of houses. And, the secondary money from housing construction, the salary money for the workers. I note that the refi companies have laid off some 15% or 20% of their workforce; refi is slowing way down. Apparently this is another boom which has nearly run its course.

    So where is the next round of consumer money gonna come from, to justify hiring ten million workers? Seems to me that we must, repeat must, figure out more ways to sell into foreign markets, and I just don't see that happening within Kerry's time frame.

    SFAIK, both Kerry's people and Bush' people are sincere in their beliefs in their proposed programs. I don't doubt that either or both plans would be of some assistance in creating jobs. I do doubt that many millions of jobs would be created.

    'Rat
     
  6. Rebel macrumors newbie

    Joined:
    Nov 15, 2003
    #6
    Kerry is crazy

    The following is an economic impact that U-ACT will have regarding job creation. Real economists (not paid for by politicians) came up with this figure.

    According to our projections, the U-ACT plan will help the economy to create 6.5 million jobs over the next three years vs. the 1 million projected by the Bush tax. With 16 MILLION Americans currently out of work, U-ACT will have all of America working in 5 years. The current tax system will take 16+ years.
     

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