JohnDeer D100 - question about choice of motor oil

On 9/22/2012 11:56 AM, micky wrote: ...
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Only if your interest is in living from unemployment compensation, food stamps and other welfare and entitlement programs.
The problem in lacking job creation is not the absolute tax rate itself(+) so much as it is the lack of clear certainty in what future tax rules are going to be and the fear of increasing other regulation from particularly EPA that is, in essence, another set of taxes. Of course, there's also the tremendous additional burden of the healthcare mandates that is another albatross around the necks of employers that will certainly make them think twice about taking on additional help w/ jobs that pay benefits.
(+) That is, companies can cope w/ a given tax structure if they're certain it is going to be what it is and the rules aren't going to change--when there's uncertainty and likelihood of rules changing, nobody's going to commit on anything other than the most absolute of a sure deal--that's where we've been for the last two years or so since the midterms that shifted power and portended a possible larger shift to come. Also that there are (and have been) many major areas including just for one the current tax rates that congress has not dealt with is just adding to that uncertainty by not knowing what, specifically, the end result is going to be. Certainly major areas in defense and other programs aren't going to do anything any time soon because if can't deal with it the mandated funds sequestration that will come into play after the debt reduction committee failed to come up w/ a plan will throw a serious crimp into defense spending--Boeing, M-Marietta, Lockheed, et al. are already making cutbacks. Yet another is that the continuation of energy policy in the extension of wind-generation tax credits is causing a retraction there--Siemens has cut about half of their production owing to that in the last month since Congress adjourned w/o addressing the issue.
Where the problems in rates _does_ occur is that the rest of the world now has from marginally to significantly _LOWER_ corporate tax rates than does the US. That's a significant driver in the proliferation of US companies moving overseas--they can do better there. And, while it pains the left, the point of a business is _not_ to create jobs just for the sake of putting somebody to work--the job is a necessary part of being able to do business but the purpose of the company is to make a profit first and foremost and except for government and charities, unless the company makes a sustainable profit there will be no jobs long term.
So, it really is true the old saying of the '50s--"What's good for General Motors is good for the US". It's still true and over a period of time with some certainty there's no question in my mind that more business-friendly policies will lead to far better economic growth that regressive policies. It is, after all, a competition worldwide w/ a mutually beneficial outcome that occurs as expanding economic activity does "raise all boats".
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