Our Government

We now have a House of Representatives controlled by the conservatives.  They are going to control spending.  Is this basically the same group that helped with a government bailout two years ago?  We save Wall Street and the investment bankers or our economy will fail.  Did not both 2008 presidential candidates stop their campaigning to vote for the bailout?  Now, we bailout the motor companies.  Will they now repay the original loans with taxpayer’s individual’s dollars as tax exemptions?   (I also paid $55.00 dollars for an OEM gas filler cap that costs $5.00 at the local auto parts store.)  Is this another form of bailout by the government at individuals’ expense?  Do we have similar people in Congress?

How will they stop overseas job transfers?  Businesses are creating more jobs that are new but they are oversea.  Our government has proposed that we, as individuals, guarantee companies new jobs by providing them with more tax exemptions for not transferring or creating those jobs oversea.  Businesses will study the costs for labor here versus labor oversea and find that their labor costs outside the United States then inside.  In some countries, they welcome the jobs at any costs, even at no costs for land and buildings.  Take the People Republic of China. (The second largest economy in the world, replacing Japan.)  It takes 6.67 Yuan to equal one US dollars.  Their average labor costs are about $2.50 an hour versus our basic $7.15 an hour (minimum labor costs).

How about we return to the original income tax format?  Individuals pay taxes for social programs; while, businesses pay taxes for maintaining a standing military!