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InkAddict Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-03 09:01 AM
Original message
With Poll: Bush faces daunting task in restoring lost jobs
http://www.daytondailynews.com/business/content/busines...

Bush faces daunting task in restoring lost jobs
Manufacturing recovery plan to be unveiled Monday


For example, the administration will continue pushing for changes in the pension funding rules, which many companies, especially old-line manufacturers, say have become burdensome.

The White House also wants Congress to approve tax credits to help individuals buy health insurance policies, a change that would help some manufacturers reduce health-care costs.

It wants to impose limits on legal judgments, especially from class-action and asbestos liability suits, to help manufacturers control litigation and insurance costs.

Finally, the administration will continue trying to persuade China to change its currency policy. Meeting recently in Beijing with Chinese officials, Treasury Secretary John Snow argued that the yuans low, fixed value against the dollar gives China an unfair export edge. But Snow returned to the United States with only a promise of a future liberalization of exchange rates.



Please vote in the poll. Do you think the plan will be effective? Currently it's 83 - yes; 403 - no.

This dare-I-call-him-a man, has systematically weakened this nation and brought misery to millions worldwide. We all need to work hard and find some way to eliminate the brainless plans of this spoiled rich brat and his buddies. Narcissictic, grandiose...talk about a major personality disorder!!!!

I pray our votes count: http://www.deanforamerica.com








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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-03 09:38 AM
Response to Original message
1. Yea, sure
1.For example, the administration will continue pushing for changes in the pension funding rules, which many companies, especially old-line manufacturers, say have become burdensome.

In other words, raid the pension funds and put everything on the few employees that are left.

2.The White House also wants Congress to approve tax credits to help individuals buy health insurance policies, a change that would help some manufacturers reduce health-care costs.

Take another burden off the corporation and put it on the employee. That will result in even less health insurance for people.

3. It wants to impose limits on legal judgments, especially from class-action and asbestos liability suits, to help manufacturers control litigation and insurance costs.

Get rid of law suites, Osha requirements, and any employee that gets hurts - too bad.

4. Finally, the administration will continue trying to persuade China to change its currency policy. Meeting recently in Beijing with Chinese officials, Treasury Secretary John Snow argued that the yuans low, fixed value against the dollar gives China an unfair export edge. But Snow returned to the United States with only a promise of a future liberalization of exchange rates.

Ran out of things to blame Clinton on.
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teryang Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-03 09:41 AM
Response to Original message
2. Daunting?
Edited on Sun Sep-14-03 09:50 AM by teryang
It's particularly daunting when you have no intention of fixing it.

How does placing the burden of damages caused by defective products on the families and loved ones of the injured help the economy? It damages the economy further, by effectively reducing whole families to poverty for each injury and encouraging business to pursue unsafe manufacturing practices, which in turn cause more damage. Since when is damage to people good for the economy? Since when is reducing access to the courts the kind of governing system which promotes effective commerce?

Tax credits for health plans only encourages further gouging of the consumer by an inequitable, inefficient and exploitative health care system. Take the health care plan I am most familiar with. You can't get acute care. If you need that they tell you to go to the emergency room at at the public hospital. The plans administrative staff and support technicians are poorly paid and rude. They are also poorly qualified. Essential preventative medicine information is often not communicated to the patients because the staff doesn't even understand it or can't be bothered. It takes months to see your primary care physician. Then when you request a particular medical service you know you need because of your medical history they try to block you from getting it.

The plan is run like a dictatorship with the administrative staff ordering the customers about as if they were in the armed forces, except with no courtesy. But the payments? They are huge and only the most profitable employers can afford to pay them. When I was first told of the payments by my employer, I said don't bother, I'll take my chances and pay cash rather than paying almost 10,000 a year in payments for terrible medical care. The staff said you don't understand we pay it. My response, you've got to be kidding. Why not got another plan? You don't understand, there isn't any other plan in this area.
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dfong63 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-03 12:08 PM
Response to Original message
3. more and more, the actions of the * administration resemble
... those of a man who's run up a 250,000 gambling debt, has maxed out his credit cards, taken out a second mortgage, has given IOU's to all his friends, and now in desperation, will promise anything to anyone in order to buy a little more time...
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w4rma Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-03 01:02 PM
Response to Original message
4. Nearly everything Bush* is proposing is trying to lower wages to China's
wages. I think Bush* wants American workers to work for $0.50/hour with no benefits.
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