Friday, July 1, 2011

Made Elsewhere? Everything But Corporatocracy

If there’s one thing President Barack Obama does well, it’s talk (as long as his teleprompter is handy). On Tuesday, as part of his never ending re-election campaign, Obama spouted more empty rhetoric from a manufacturing plant in Bettendorf, Iowa.
“You had to up your game,” Obama said to the workers. “And that’s what we’ve got to do as a country as a whole. I want the cars and planes and wind turbines of the future to bear the proud stamp that says ‘Made in America.’”
It all sounds good, if only he really meant it. But as long as the Federal tax code, Obama and the agencies he oversees — Environmental Protection Agency, National Labor Relations Board, Food and Drug Administration and Department of Agriculture in particular — and the Obamacare healthcare law continue to overregulate small business and stifle entrepreneurism, “Made in America” will be supplanted by “Made Elsewhere.”
And what is particularly egregious is that multinational corporations continue to enjoy tremendous tax breaks that encourage them to take their manufacturing oversees while they enjoy their seats at the table of corporatocracy.
Talk is cheap, and knocking down corporatocracy would be expensive for Obama and the political elites — Republican and Democrat alike — that feed at that trough. But if Obama truly wanted to put Americans back to work creating cars, planes, ridiculous and inefficient wind turbines and thousands of other items, he would quit talking, start reining in those anti-business government agencies and regulations, and end the subsidies that encourage companies to take their manufacturing elsewhere.

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