I'm already seeing alot of finger pointing so let's point out the facts...
I see quite a few posts here covering international trade, free trade agreements, and keeping american jobs in America. And yet you are the very same people who vehemently supported John McCain in the last election cycle...
John McCain co-sponsored NAFTA
John McCain voted yes on CAFTA
Quite frankly John McCain has
never met a free trade agreement he didn't like... he has ultimately voted
Yes on every single FTA to cross his desk.
Yet you all supported him in the last election... brilliant.
So how do we fix the American economy?
Cut tax loopholes that allow american money to be banked off-shore and remain untaxed. When that money is sitting unused in an off-shore account it isn't being used to create jobs. It isn't being invested in business.
Tax corporations heavier for creating products outside of the US and then re-importing them inside our borders. Their corporate offices are inside of America, sure. 65% of their workforce is American, ok. But they should still be taxed the same on that other 35% as any other outside business is.
Pin incentive bonuses on Wall Street to actual economic growth. They already get a salary, the bonuses are just that... a bonus. So why should an executive for
any corporation get a bonus when their actions causes their company to tank?
And last but certainly not least. Close the newly created loophole allowing Corporations to spend money on political campaigns. That money is shareholder money. That money can and should be invested back into their business. Corporations are not individuals and therefore should not be afforded the same
individual rights as you or me.