Why Such Weak Job Growth? Ask Your Power Hungry Bureaucrats!
The recently release jobs report, as reported in the L.A.Times, emptied the steam out of our collective bubbles. The trajectory on job growth has been disappointing to say the least. I have the simple solution...stop choking off our life blood Washington power mad types. Leave us free to do what we do best when left unhindered by all unknowing meddlers. Yes I mean deregulate across the board in a big way and now! Not tomorrow or after some silly election to fulfill a phony promise which neither gentlemen will keep.
Now before you "Occupy types" have a cow, let me explain a few things. First off it was not deregulation that caused our most recent economic downturn. Believe me we have more than enough rules and regulations on the books already. I know it is easy to look at Wall St. and Banks and point a bloody finger at them. But it was indeed in Washington and under Washington rules that the easy money began which led to the excesses which we are now absorbing.
You can choose to not believe the facts if you like but you would have learned nothing in a bad bargain. The FREE MARKET did not cause the problem! Absolutely not! We really have only a limited free market in this country today and therein lies the problem.
But how to explain "Hope and Change" becoming the worst post recession era in our history. Again I posit a simple answer. 100,000+ pages of new regulations every year since the Hope vanished. Believe me as I work in the Mortgage Banking industry and it is overwhelming. Don't believe me? Try this for size as was reported in The New American magazine this month from a survey on hours worked to job completed.
The following I submit to you as a wake up call:
1) 6.7 million man hours to finish the Empire State building.
2) 7 million man hours to make 250,000 Toyota Camrys.
3) 220 million man hours to comply with the tax code annually and the worst of this is the same amount of time is required for something productive such as building every moving vehicle in the U.S. each year. Talk about waste.Continued on the next page