Instead of resorting to the same old/same old Democratic formula of government solutions to the problem of persistent unemployment, men who are actually in the business of creating jobs (well, as a byproduct of providing goods and services) have some advice for the president, advice which can be summarized by something a successful president once said: “In this present crisis, government is not the solution to our problem; government is the problem.”
. . . asked several CEOs leading up to the speech what bold steps Obama could take to reduce the 9.1 percent unemployment rate.
John Schiller, chairman and CEO of Energy XXI, said “if the government would get out of the way, from a regulation standpoint, and let us [XXI] do what we do good you’ll see us continue to hire and grow this economy.”
“I think that’s a message from across the board,” said Schiller.
Let’s hope that before his speech Thursday night, the incumbent president has a change of heart and pivots from the tried and failed policies of the past to those that have worked. The fewer burdens the federal government (indeed governments at all levels) places on private enterprise, the more jobs they can create.
(H/t: Reader Peter Hughes)
Until the Socialists stop arguing about whether the Soviet Union was a ‘true’ Socialist utopia, they cannot and will not even acknowledge that their ideas and ideals are wrong. To suggest that Obama and company will back away from Government solutions to life’s problems is heresy and you shall be condemned and banished to the deepest, remote corners of Sustainable, Eco-Friendly, Diversity Modeled, Neighborhood Council approved Hell.
But but but Dan! A leftie told us yesterday (in another thread) of these super interesting facts:
– There is a hospitality employer in Florida, who says that Obama has not hurt his industry’s hiring!
– The jobs are out there, it’s just that workers aren’t taking them because the workers feel too “uncertain” over the aggregate demand issue! I.e. not enough stimulus! We need bigger debts, and more deficits, to restore the confidence of labor!
So your argument can’t be true! /sarc
All total bullshit. Companies aren’t being taxed and regulated to death. Energy XXI, just like every other large corporation, have been posting huge profits and are sitting on mountains of cash. CEO’s are always going to say they’re being over regulated and taxed too high, but you have to be a special kind of stupid to believe that’s always the case.
Companies aren’t hiring and expanding because demand is low. No one wants to take risks. The government needs to fill the void. The stimulus was helping, the stimulus money has run out, and now things are flat-lining again. CEOs are looking out for themselves and for their company and their advice about what needs to be done in the broader economy should be dismissed out of hand. What’s good for one corporation’s quarterly report isn’t necessarily what’s good for the economy.
How do you people not see through this? Would you like to buy some real estate on the moon?
Hey, check it out, sweetie…Obama was already elected, and the guy has totally failed. Turns out, Krugman is the only dude who saw the investment opportunities on the moon, so perhaps you might wanna go trolling through HIS address book, mm’kay?
Not going to happen with Marxist Obama in power.
I suspect that Levi has no clue how many hoops a small business owner has to go through even just to hire his first full-time employee. Or the HUGE impact it has on a small business once you get to even your tenth or twenty-fifth employee.
– Workman’s compensation insurance,
– Unemployment insurance,
– Workplace liability insurance and employee bonding,
– Workplace regulations,
– Workplace ergonomics requirements,
– OSHA,
– Record-keeping and timekeeping requirements,
– Hiring practices and EEOC compliance,
– Overtime and vacation time,
– Benefits and family leave, maternity leave.
– Plus Obamacare’s mandatory health insurance.
And that just INSIDE the office. Then there’s all the State and Federal business regulations, requirements and restrictions on the expansion of the business itself…
Levi, you’re so full of it. How can you be so stupid as to believe what you believe? Do you have any idea what “demand” is? It’s people wanting things. You are seriously going to argue that people don’t want things enough? Human needs are infinite, which means human demands are infinite. As you give weekly proof.
… *because* of Big Government, and people like you and Obama. Man up and admit it.
Wrong again. Government is not the solution to our problems, government is the problem. The economy is being held back precisely *because* government is trying to “fill” the alleged “demand void”.
… Not. The “stimulus”, bailouts and QE were the problem. They made matters worse.
Sane people know that it is IMPOSSIBLE to solve problems caused by over-spending and too much debt, with more spending and debt.
Wrong again. Deficits remain at $1.5 trillion. If you understand the “stimulus” concept at all, you should know that’s supposed to be a massive continued stimulus in itself. But no, it’s the problem. Making deficits even more insanely big with more alleged “stimulus”, will only HARM the economy even more.
Wrong again: because of Obama’s policies, things were always flatlined. There never was a recovery. It is all one big recession, prolonged by the policies you advocate so malevolently.
As Eric suggests, you reeeaaaallly need to talk to Paul Krugman about that – the one who recently suggested that the government should turn to faking an invasion of space aliens, to solve things.
Now, for what I came to say. Via Hot Air and Reason, Mike Whalen has an interesting piece in the Washington Times: http://www.washingtontimes.com/news/2011/sep/5/and-now-a-word-from-a-job-creator/
He wrongly accepts Keynesian premises, yet his business experience and basic common sense force him to the right conclusions anyway:
RTWT.
P.S. “things were always flatlined – There never was a recovery” – in the real economy, which is the private and productive economy. A debt-fueled government spending binge, putting or keeping a few people in UNSUSTAINABLE government “jobs”, is all that “stimulus” can give at this point… and is not a recovery… and delays real recovery.
ILC, beautifully done. Kudos!
Regards,
Peter H.