Tuesday, February 8, 2011

Obama Says Tax Breaks Should Now Spur Hiring - WSJ.com

ALL TALK, NO ACTION: Obama Says Tax Breaks Should Now Spur Hiring - WSJ.com


What has Obama really done (vs. said)?

It would appear Obama is trying to "talk-the'talk" without "walking-the-walk" as the old saying goes.

When one looks at the BLS statistics related to joblessness based on level of education,

http://www.bls.gov/news.release/empsit.t04.htm

it is clear that the problem is there aren't jobs for those who have limited reading and math and logic and learning skills based on the salary and wage and benefit structure (read also union bias of the administration) extant in the US.

These are issues which could be addressed but are being obfuscated.

The US economy and its place in the world requires higher levels of skills and those without these skills are of less and less value in an information based economy.

It is not that the lower skilled can't be integrated into the economy, but the policies to integrate them are not coming from the administration.

It is probably a matter of differing opinion as to whether Obama thinks talking will make America a place people want to do business, but tax rates are high, unions are pandered to, entitlements are out of control, the budget is out of control, immigration policies remain anti-business, etc.

Where is some action? Doesn't the administration know that talk is cheap but that's all it is. Where are the permits to start drilling in the Gulf - for instance?

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