And they wonder why we do not trust ABC, CBS, CNN and particularly NBC and MSNBC to provide the news that is important to us. It is this simple. When ideological bomb thrower’s like Ed Shults and Bill Maher are allowed, without criticism, to make the most vile comments imaginable while most other media outlets are openly criticizing Rush Limbaugh and others for making controversial yet not nearly as vile comments, trust leaves the building.
Hypocrisy is becoming so common in the mainstream media that they do not even try to hide it anymore. They don’t care how obvious it is because they believe their audience is too loyal to them and their ideology to even consider looking for news anywhere else. Maher and Shults are two of the same. They fire up their audience (however small) with ridiculous comments that no open minded person seeking only truth and facts could ever support. Like many politicians, they are playing to their base. Even talking about them in the real reliable media adds some weird since of credibility to their existence which is undeserving. What is sad is that all of this only serves as a smokescreen to keep the public from focusing on the real issues.
Ever increasingly, the general public is becoming more informed on some levels and want more facts and informative detail on the more important issues. Most would rather hear about something other than what any of the aforementioned persons have to say about anything. Nor do we care what the media thinks about it. We want hard facts about hard issues. Take any subject, and for now let’s start with “jobs”.
Big issue. The left says we need to borrow more money from China and others to stimulate the economy with more government spending. The right says we need lower taxes and provide for less regulation. What neither are saying is how it all will work and why. They must think we are too stupid or too lazy to learn the facts and make a determination as to what makes the most sense.
On the subject of jobs, the American people need to consider the real facts from each prospective: For example, let’s begin to talk about how lower taxes improves economic growth, and how less regulation will improve efficiencies without creating new risk. Just the facts please. Not philosophical viewpoints. Then let’s talk about how it makes since to borrow billions or perhaps trillions of dollars in order to create jobs and explain how we are going to pay the borrowed money back with interest. Again, just the facts please. Not philosophical viewpoints. Oh, just to be clear, and since we are already borrowing 42 percent of what we need to fund the current budget, 100 percent of any stimulus would have to be from borrowed money.
I admit that I don’t fully understand how more government spending will do anything but raise the national debt and help the very few who reap benefits from stimulus programs (mostly politician). We have at least two previous rounds of stimulus to draw from and the record seems clear so far. It did not work before, so why and how is it going to work this time and at what cost and who is paying for it? I will wait for others who understand this to provide answers. Real answers to these very precise questions.
As a former businessman, I think I understand the other side of the argument a little better, but will continue to look for supporting data as time move forward while keeping an open mind as we navigate through the debate. In order for American companies to grow and create jobs for Americans, they must be competitive in a global economy. That part is uncontested. So, the question becomes, “what makes American business non-competitive”? Specifically, what are the elements that a nation of people can provide to our American companies so they can maintain competitiveness and therefore grow the domestic job market.
First point, giving a company a tax break for hiring someone doesn’t encourage hiring. It just creates more paperwork. There is only one reason any company hires an employee. Only one. That is that it needs help to provide to the market a product or service. It really is that simple. So, if politicians want to help business create jobs, then we need to figure out how to assist companies to create markets for their products in which they can be competitive. To create markets for American products, we have to be competitive, not only in price, but in quality as well. I think Americans win on the quality part of the equation.
We already know that Americans are paid more and have more benefits than some of our most competitive challengers. I doubt anyone is prepared to argue that we should make the American worker more competitive by lowing wages. So what other elements could have a significant impact? Well, we have more lawyers and more lawsuits and as a result require more insurance than our competitors. All at a cost to productivity. In this respect, our competitors enjoy a significant advantage. The EPA has put more stringent regulation on companies that add significant cost to provide products and services. Our competitors make comparable products without the cost of similar regulation, another advantage for the other side. The SEC requirements on companies is extremely costly which other nations do not impose at the same level (Sarbanes-Oxley for example). The IRS taxes our companies at higher rates, OSHA compliance is expensive and our competitors are not subject to the same rules and the list of government intrusions into our corporate and personal lives continues on an on. These are but just a few.
At some point, the American people need to be engaged in the discussion. We need a voice out their asking the right questions and demanding the answers necessary so that we the people can make decisions about who our future elected representative will be. We need facts and real answers as to how we get this county moving again.
Currently politicians and the media only talk in general ideological terms which doesn’t mean much. We should demand more.