Jobs!, Jobs!, Jobs!

Jobs! Jobs! Jobs! is a Carefully Worded Clarion Call that Sends the Wrong Message?

Dear Friend,

Where did the call come from? Why are jobs the talk of the town? Why are Washington DC elites in a panic to find a panacea for people out of work? How did we get in this mess where sales of US products and services are shrinking while China's GDP is growing?

First we must be clear that 535 career politicians have taken control of our government and country. They are accountable for the current financial crises. 

Second these politicians, of both parties, with their appointed bureaucrats, and aided and abetted by the Federal Reserve, are committed to staying in power. Therefore they come up with clever schemes to buy votes.

Third these politicians confiscating money from the earnings or savings of the citizens is the only way to pay for these schemes. This immoral act reduces capital that should be used for future growth of real products and services. Other unseemly actions by politicians to buy votes are to borrow the funds from other nations or print the money.

Fourth the Administration preys on the fears of the citizens by poll testing for words that worry the most. Because the first stimulus did not work they are now calling the second stimulus the jobs program.

Remember the only source of capital that does not reduce the wealth of the nation through inflation is from the earnings and savings of about 100 million citizens.

Although America's GDP, at $14 trillion, is still 3 to 4 times larger than any other nation, our world ranking for wealth, GDP per person, is now 13th down from 8th in 2005.This result is the direct effect of wasteful government spending.

Clients! Clients! Clients! is a Clarion Call that Solves our Current Crisis?

How can we convince our clients to buy benefits they can use in uncertain times? What compelling products or services will fit the client's immediate needs? Can we change the value proposition to better fit the needs? How can we make it easier for our clients to buy?

1. Our businesses both large and small should re-energize customer conversations about their needs during a national and perhaps global crisis of confidence.

2. Businesses must improve the product offering to better fit the needs of the new circumstances. (New Product / Current Customer)

3. Marketing and sales initiatives that prospect for new clients. New understanding of client needs from existing customer conversations will improve the potential for new business. (Current Product / New Customer)

4. Ignore the siren calls from politicians to increase employment ahead of sales growth for a tiny tax benefit. Political bribes rarely pay off! If only the politician had basic business experience, he would realize that job increases are planned during the operating plan process when growth is anticipated. Job requisitions are only released when a company is meeting or exceeding its growth plan.

There are several success stories during this down turn about companies that ignore the threats of tax and regulation increases by an out of touch Administration and Congress. Apple is a prime example. Compelling products like iPod and iPhone propelled their performance. Sales grew from $25 billion in 2007 to $37 billion in 2008 and $43 billion in 2009.

Most companies that spent too much time cozying up in Washington have seen their performance deteriorate and have had to lay off thousands of employees.

What can our Politicians do to encourage our Businesses to Grow Again?

Realize that the only source of capital for growth and success are the 100 million Americans that earn enough to pay taxes and have some money left over after living expenses to save. They will not take their money out of their pockets until the politicians stop changing the game.

Enact into law five changes that will end the progressive's reign of terror and free the citizens to reap what they sow:
1. Limit politicians to one 8-year term in a Washington office. 
2. Vote into law the "Fair Tax Act" and eliminate the IRS. 
3. End union labor law, as we know it. 
4. Make GDP growth the nations highest strategic intent.

Remember an environment of low tax rates that does not change year to year is the best for free markets and the wealth of a nation and its citizens. Keynesian principles have failed so many times that we should ban their use in government practice.

From a humble beginning 30 years ago Ireland is now ranked 6th in the world for GDP per person. Since we have fallen to 13th let's follow Ireland’s lead and reduce corporate, capital gain and dividend tax to 10% or less.

Career Politicians have failed the people. We must replace them with Citizens who will go to Washington for One Term and act as faithful Public Servants.

Your Friend
Brian Sear

 

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