Stock Markets Exposed
How much harm can they do if elected?
Should we vote for the best chance? Your average American gets an idea for a product (or service). He (she) draws up a business plan and finds investors or secures a bank loan to start a business. The business buys property and hires builders. They contract for equipment and machinery to be made. They hire employees to make their product or line of products, and they sell them to retailers. The retailers hire people to price, display, and sell the products or services. The idea spreads throughout the system creating jobs and chances for many. If they are able to sell their product at a competitive price and the consumers find use and value in their product, they may succeed. If not, they must cut costs or fail. That’s what happens in a Free Market system. If you work and are good at what you do, you have a chance. This is a simple example of how (now don’t choke on the term) Trickle Down Economics works. You can apply this model to Grannies Bakery on the corner, IBM, GM, or Starbucks. To deny this process is to deny the indisputable. It starts with an idea, and it ends with a chance for jobs and success. It’s a chance to take one idea, make an improvement on it, and start a business of your own. That’s why McDonalds is not the only one out there selling hamburgers! That is the American Dream! A chance! Competition makes products better and less expensive. Competition makes services more responsive and less expensive. Does Trickle Down mean if companies are successful and make more money, that soon my job flipping burgers is suddenly going to start paying me 75k a year? No. It means businesses will expand and give others a chance for a job. It will also give everyone more chances for advancement. If your skill level, motivation, or lack of education relegates you to flipping, maybe that should encourage you to learn to do more and be the best you can be at your job. The Free Enterprise Capitalist system simply gives everyone willing to participate the best chance to live comfortably and succeed. What about those executives making 10 million a year? Do I think that is right? No. But what do you think he (she) is doing with all that money? Stuffing the mattress? Bank savings accounts? The mattress pays nothing, and the bank only pays a few points of interest per year. They are way too greedy for that. What they do is buy. They buy goods, services, and invest in stocks from their company and others! That creates more chances for all of us. I do not think the Free Enterprise System should be allowed to run wild. Everything needs rules to keep it on course. Interest groups play an important part in the system. Saving Trees, Dolphin free tuna, and the Global Warming groups all need to play a part to keep greed from trampling the innocent. However, we have, in many areas, allowed these groups to stop progress instead of guide it. We have all paid for it. We have also paid for government intervention and paid dearly. NAFTA and our government’s refusal to insist that trading partners remove their tariffs on our products have made them too expensive for other nations to import and buy. But no one is talking about that now, are they? Obama says we should “Stop giving tax breaks to companies that ship our jobs overseas”. Like it or not, we are competing in a global economy. To stay competitive, companies must lower their costs. Unfortunately, that means finding less expensive work forces, less restrictive controls, and lower tax rates. Giving tax breaks does not cause companies to ship jobs overseas; it is encouragement to keep them here! Bad tax policy also spreads throughout the system. It causes lay offs, closings, slows production, and stifles investing. If the Government is hostile to business, all will lose some and some will lose all. That will increase our dependency on those in our government that created the problem in the first place. Does that sound like anyone is looking out for you? We don’t need that kind of “change.” We need a CHANCE!
Public Comments
- I agree with you friend! Keep faith!
