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The only way the job market will improve is to first start a public works program, and then close the tax loop holes allowing Corporate leaders to profit from closing factories here and sending the work overseas. Finally the American consumer may have to suck it up and not purchase products made in America. It may take a while, but if these corporations want to sell products in America, they would have to eventually re-open the factories.

Aug 24, 2010 5:26pm EDT  --  

Trooth wrote:

@Robert76

The factories are going to go where the labor is the cheapest. If you raise tariffs on imports, all of our exports get tariffed. Lose/Lose. The problem is all of the unions out pricing themselves out of a job. Minimum wage etc. We can not compete with artificially mandated wages. I am sure the corporations would rather sell to the billion consumers in China than the 300 million consumers in America. Increased taxes on the business will further push our jobs out of America. Congratulations you punished global corporations to move outside of the US. Idiotic Liberal policies are what hurts the economy.

Aug 24, 2010 5:39pm EDT  --  

BurnerJack wrote:

An amateur guppy swimming in a professional shark tank.
This “What’s in it for me” mentality has got to be put aside for a “This is what WE need to do”. I refer this comment to BOTH parties. I hope the Midterm elections put “The fear of GOD (that’s us) into those who squeak by.
REMEMBER IN NOVEMBER
To the US voter, “Do not miss this opportunity to be heard”

Aug 24, 2010 5:47pm EDT  --  

john20000 wrote:

Being part of something rare, the first minority president, inspired voters. Unfortunately, what the US needed was good old-fashion smart hard work, not smooth catchy phrases or grandstanding or historical significance.

Obama presidency summary: a gazillion more dollars of debt, nothing is better, un-wanted health care garbage law rammed down our throats…amazing there are still 45% wanting more.

Aug 24, 2010 6:29pm EDT  --  

saxplayer wrote:

The GOP sells fear and America is buying. It’s too bad we as a country have become so stupid. The dumbing down of America, indeed!

Aug 24, 2010 6:34pm EDT  --  

geola wrote:

I’d be more upset with President Obama had the economy been doing great when he was elected, but it wasn’t. It was in terrible shape because the Republicans under Bush destroyed it with so many misguided decisions.

The economy WAS doing great when Bush took office in 2000 and then with his and Republican guidance it went right into the toilet and has been there since.

Let’s see unjustified war with no exit strategy, emptying the government cash surplus by giving money away, massive tax breaks for the ultra rich and corporations. Bush Legacy as a failed president.

Aug 24, 2010 6:44pm EDT  --  

BurnerJack wrote:

To Trooth: All that you say is true enough.
How can we have a globally competitive economy all the while staying above a Dickensian reality? We have some of the highest per capita output (I’ve been told) which attracts some of the best and brightest available. If the law of entropy rules the economy, how can the national tax bill be met? We’ll all or most only make the wages of the rest of the world suffers. If that be the case, we would not be able to buy the products we produce. This is bad for us and bad for business.

Aug 24, 2010 7:19pm EDT  --  

s1950 wrote:

Political talking needs to stop. Now need a real CHANGE. President Economic Advisor Team needs to get into right track.
Economic Results indicate that they are on wrong track. If this continues all of us are going to be in trouble.
Get on track and work for the best solution proposed by any political party.
Stop talking get to work and change the track.

Aug 24, 2010 7:35pm EDT  --  

ramsuj wrote:

The outsourcing of jobs, products, and industries, to other countries has hurt the American Job Market. The only beneficiary are those shareholders, directors of businesses, whose costs have been reduced and whose profits have increased as a consequence. Little do they realise that their own consumers are poorer, and this will affect the once vibrant American Economy in all areas. Move as many jobs back to the United States with incentives, export credit,and hi-tech production so that more Americans maybe emplyed gainfully, and the economy will improve. After all, the more Americans that are employed increases the Market in the USA and overseas.

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