Wednesday, October 8, 2008

Michigan - Case Study Of Obama's Corp. Tax Plan

Barack Obama has been campaigning all over the state of Michigan about how he is going to bring jobs back to the once famous home of the world’s greatest auto manufacturing companies. The talk sounds great, and on the surface should justify every single VOTER in the state to vote for him.

However, Michigan provides a case study of what happens when government oversteps the boundary of what the rest of the nation and world is doing. The very government voted in year after year proved to be the very demise of the auto manufacturing industry in Michigan. All one has to do is look at Flint, Saginaw and Detroit as shell’s of their former strong cities.

VOTERS in Michigan elected people from both parties, that over a twenty year span, pushed unemployment compensation well above the national average, they pushed workman’s compensation well above the national average, they pushed business taxes well above the national average, they jacked up property taxes, and frankly bite the very hand that fed the state hundreds of millions of dollars every year. These elected officials kept this up, at the wish of VOTERS, until the GOOSE THAT LAID THE GOLDEN EGGS decided to go nest in some other place. Be it a neighboring state or move manufacturing completely out of North America, but they left.

GM, Ford, and Chrysler all had plants in Michigan that they could have retooled to produce new vehicle lines but financially it no longer made sense. They could afford, over a ten year payback period, to go purchase new property, build brand new buildings, equip the buildings, and transfer hundreds of UAW workers to new states.

I have driven through Flint, Michigan and it sad to see all the empty buildings. But the VOTERS ARE THE ONES AT FAULT. They kept buying into and voting for people who would continue to suck more and more out of the auto manufactures. It reached the point that to stay competitive, they had to leave! They had no choice if they wanted to survive!

Corporate America has a responsibility to pay whatever their “fair share” is! But by electing people, who push the fair share too finance government funded social programs, will learn a very ugly fact of life. Where that point is often unknown, but once it comes to past, it is too late. There is no re due in this!

Regardless to what any candidate, from any party, says they have no way of stopping a business from moving to some other state or country. They may throw up some roadblocks but either the company will move or be forced to close. They will no longer where competitive! Either way they will be gone! The VOTER pays the real price and not the talking elected officials.

When a candidate appears before you and says that the woes facing America will be solved by increased taxing of corporate America is seeking a vote from only your heart. Every VOTER should stand back and think of the big picture. We live in a global economy today! If there ever a time to vote with your brain over your heart is this year.

1 comment:

Bob G. said...

JQT:
Man did you nail THAT one squarely on the head!

Michigan is the PERFECT example of government run amok.

And it doesn't matter if it's Detroit, Flint, Saginaw...or even Ypsilanti and Lansing.
It sucks all over the state.

Good post.

B.G.