Economy Improves, But Where Are The Job's

The U.S. economy posted its first full quarter of growth for the first time in two years the problem is that joblessness still has a vice lock grip on economic growth. This should be no shock to those that are unemployed and looking for any sign of a meaningful job. Washington can claim whatever credit it wants but it still continues to hamper any effort to stimulate the economy.

It can ease financial credit to small businesses but it continues to place road blocks in the path of businesses that stifle the very engine of economic growth. Small businesses account for almost eighty percent of all employment, but Washington still over taxes, places a byzantine layer of regulation compounded by confusing language of environmental laws that only keep businesses from expanding.

Washington needs to stop listening to corporate America and start listening to the real engine of growth that will bring back prosperity that most Americans remember. Corporate America consistently over the years failed to implement basic business practices that would have them re-invest back into their company and not into their pockets.

The manufacturing industry like Washington has run itself into the ground! The steel companies receive billions of dollars of subsidies to be used for upgrading and retooling the factories that produce quality steel at a reasonable price that allows them to compete with foreign competitors. Instead it pockets the money, fails to upgrade its factories which now are close to thirty to forty years old, and produce quality steel at a higher price which prices them out of the market. One only needs to look at California’s Bay Bridge project.

The auto industry is another example of failed manufacturing policy that focuses more on profit then maintaining industry innovation that produces a quality product at reasonable price that the public wants to buy.

For years I always bought a Ford vehicle until I bought a Ford Ranger Pickup. I spent more time having it repaired an always it needed to be sent back because Ford mechanics never repaired it right the first time. Complaining to Ford Motor Corporation was a futile battle and as I stated to them you forced me to buy a foreign vehicle which I then purchased a Toyota truck.

Organized labor is not exempt from this as they have failed the laws of economics and bankrupt the auto industry with unreasonable benefits that could not be sustained over time.

America needs to get back to the basics of what made this nation great and face the fact that a decline will be precipitated by our own arrogance.