Friday, March 26, 2004

Fisking CNN & Kerry's Jobs Promise

This is CNN:
Pledging to create 10 million new jobs in four years, presumptive Democratic Party presidential nominee Sen. John Kerry on Friday will begin to roll out his economic plan for the country in a series of three speeches, his campaign said.
Finally! An actual PLAN from Kerry...somehow I suspect it will be high on rhetoric and low on actual plan.
With public opinion polls showing President Bush strong on terrorism and international issues and Kerry strong on domestic issues, including the economy, the Massachusetts senator sees an opportunity to score some political points.
Yep, Kerry is all about scoring...political points.
The Bush administration has presided over the loss of more than 2 million jobs in an economy adversely affected by the dot-com bust, a recession and post-9/11 terrorism fears. However, Bush has highlighted an increase in American productivity, home ownership and an unemployment rate of 5.6 percent that is below the average unemployment rate for the last three decades.
That's objective reporting there from the Clinton News Network. Don't bother to mention that there are TWO surveys and that the other one shows a net GAIN of jobs in this country.
According to the Kerry campaign, his economic proposal will include tax reform and credits to encourage job creation in the United States, an education and job training program, as well as a plan to "restore fiscal discipline and confidence in the American economy."
John Kerry wouldn't know fiscal responsibility if it came up and shook his hand. Afterall, he's voted for it before he voted against it. Kerry has voted for tax raises on Social Security at least eight times, voted against tax credits for small business health insurance, supported raising taxes on gasoline, and has proposed a healthcare program that he can't afford if he intends to fulfill his promise to cut the deficit in half. [Source]

Friday's speech at Wayne State University in Detroit will focus on the tax reform portion of the plan.

"You know, economic plans aren't just about dollars and decimals. They're about choices," Kerry said in excerpts provided by the campaign. "Time after time, this administration has put ideology first and jobs last.
Oh, Mr. Ketchup... The tax cuts weren't about ideology, they were about getting us out of the Clinton/Gore recession. And here's the best part: they WORKED. You are right about one thing though: economic plans are indeed about choices. We can choose to keep more of our money or we can choose you and give more of our money to the government so you all can waste it on the Big Dig and other useless projects.
"Today, I'm announcing a new economic plan for America that will put jobs first. We will renew American competitiveness, make tough budget choices, and invest in our future. My pledge -- and my plan -- is for 10 million new jobs in the next four years."

Kerry's Jobs First plan will call for the "most sweeping international tax law reform in forty years" that would give tax incentives to companies that create jobs in the United States.
Ahh, typical liberal response. Let's turn it in to welfare! Corporate welfare does not help the economy. In fact, in the long run, it hurts. When you crush the market forces by subsidizing, you take away from the American entrepreneurial spirit.
Outsourcing -- the relocation of jobs offshore -- has become a key issue in the leadup to the U.S. presidential election later this year, with Kerry promising to "crack down on the export of American jobs."
Outsourcing represents LESS than 1% of jobs. Hardly a major issue.
The tide of jobs leaving U.S. shores is not predicted to slow down any time soon, with independent technology research company Forrester Research saying more than 3 million jobs will move out of the United States by 2015. "Today, we have a tax code that does more to reward companies for moving overseas than it does to reward them for creating jobs here in America," his prepared text said.
Did CNN bother to ask Forrester Research how many jobs would be created in that same time? Just asking...
"If a company is torn between creating jobs here or overseas, we now have a tax code that has American taxpayers paying to ship jobs overseas. That makes no sense. And if I am president, it will end."
Has John Kerry cleared this with HIS WIFE? 57 (what an amazing coincidence!) of Heinz's 97 facilities are located outside the United States. Can you guess why? I can... "Outsaucing" for tax breaks.