The article, Halvorson Understands America’s Perils, describes the work that Debbie Halvorson is doing.
Congresswoman Debbie Halvorson, a representative from the 11th congressional district of Illinois, has a clear-cut strategy for creating the next generation of manufacturing jobs.
I titled my comment on this article Separate the Wheat From The Chaff.
Finally an article on OpEdNews that gets a lot right.
Wheat – implementing a National Strategy for Manufacturing
Wheat – legislative proposals to train the manufacturing workforce, boost productivity, incentivize growth, and create new jobs.
Wheat – The provisions in this Act would seek to aid in reversing the loss of our manufacturing prowess.
Wheat – modernize federal workforce training programs to better prepare participants for high-tech jobs in the manufacturing sector.
Chaff – Currency Reform for Fair Trade Act
Chaff – allows Chinese producers to sell its goods in the U.S. market at artificially low prices. Those nasty Chinese actually selling us stuff at a bargain. This has to stop. Why can’t they just charge us more? When was the last time you went to Wal-Mart and asked them to charge you more?
Some wheat and some chaff – extend tax incentives that allow manufacturers to more quickly recover the cost of purchasing new equipment and machinery.
Given our eventual need to balance the budget, it may be wiser to stop the disincentives that lower tax collections rather than first increase incentives that lower tax collections. What I have in mind are the obscene incentives that make it millions of times more profitable to trade in financial derivatives than it does to manufacture something useful. These tax collection killing incentives are doing far more to damage our economy than people have yet seemed to realize.
The lack of regulation and lack of taxes on these so called capital gains certainly enriches people for no productive value to our economy. The relatively high incentives to do this kind of work instead of productive work draw our most talented away from the kind of work we need to be doing.