The problem with the job issue is that companies create and take away the jobs, not the government. All the outsourcing is done because it benefits the company, it’s not anything the government can control. I do agree that companies like Google or what not being able to avoid a lot of tax or pay 0 tax is insane. They do hire a lot of people who do pay taxes I guess so it’s hard to say where the government should take taxes from.
That said, a lot of companies simply don’t want to hire because hiring US workers and workers in California is expensive and a pain in the ass. It’s hard to fire people without hassles and if you can outsource for less headache, a lot of folks do and did.
Being a service and information society now, I don’t think jobs will be back to where they were ever.
Short of another WW3 (I believe there are references which state WW2 was the only reason the great depression ended), I don’t think the US is going to see another boom like the past 50 years.
Also, I don’t see why all the folks against this keep bringing up deadbeats and all that. Make it for folks who are current and it’ll benefit folks who aren’t about to default or anything and would probably put some of those dollars back in their business (we would) as well as spend a little and save a little.
A family member of mine bought a place which has dropped nearly 70% now and I think for them, they should just walk away actually, but if they wanted to lower their interest rate from 6% to 4%, heck, give it to them…It’s wiser for them to actually walk away though. I don’t see how doing this “hurts” you when they can use that money to buy goods, travel, etc…to boost the economy.
