Smokey said
3) The gulf between wealthy and the working poor is greater than ever. A national priority to create more and better middle class jobs would go a long way toward easing many issues. Crime would go down, education would gain more importance, and the national economy would be healthier. Tariffs/restrictions on imported goods could see a revival in manufacturing and an expansion of support services. From Computers to refrigerators to phones, making it in America again would lead to spin offs as well as innovation of new unthought of products.
Originally Posted by: Smokey
Smokey, good post.
We need to really take this point a step further and put economic policies in place to accomplish this...perhaps:[list]
Enterprise zones - tax advantages for the capital put into these neighborhoods (not loans)Incietivize capital gains taxes to smaller businesses - Buying shares of IBM and holding them for a year doesn't build the economyTax Credits for job training [/list]But as I have pointed out in earlier posts, without strong property protection by police, business cannot afford to invest in these areas or these people. The rioters (and lack of police protection) have screwed the poor and their neighborhoods. Business will choose not locate there and will relocate out.Black lives matter, but the "Black Lives Matter" organization/movement wants to defund police. Yet the NFL and countless organizations kiss their asses and kow-tow to them.
Lack of strong law enforcement leads to this...and it only the tip of the iceberg:
IT BEGINS: Rioters Burned Down Minneapolis Manufacturer. Now They’re Relocating, Taking Jobs With ThemBy Ryan Saavedra Jun 8th, 2020 DailyWire.com it-begins-rioters-burned-down-minneapolis-manufacturer-now-theyre-relocating-taking-jobs-with-them
The owner of a manufacturing company in Minneapolis that was burned to the ground during last week’s violent riots has announced that he is relocating his company, taking dozens of jobs out of the city, due to the failure of the city’s Democrat leaders to protect businesses.
“They don’t care about my business,” Kris Wyrobek, president and owner of 7-Sigma Inc., told the Star Tribune. “They didn’t protect our people. We were all on our own.”
As he watched a nearby business burn to the ground, Wyrobek noted, “The fire engine was just sitting there, but they wouldn’t do anything.”
“The city’s first survey of property damage shows that nearly 1,000 commercial properties in Minneapolis were damaged during the riots, including 52 businesses that were completely destroyed and 30 other locations that sustained severe damage,” The Star Tribune reported. “Owners and insurance experts estimate the costs of the damage could exceed $500 million. That would make the Twin Cities riots the second-costliest civil disturbance in U.S. history, trailing only those in Los Angeles in 1992, which were also sparked by racial tensions with police and had $1.4 billion in damages in today’s dollars.”
Wyrobek told The Star Tribune that it was too late to change his mind about keeping his company in the city, adding that before the riots, he never in his “wildest nightmare” would have thought about relocating his business.
A video went viral this week that showed the aftermath of the violent riots in Minneapolis, with commentators saying that the city looked like it had been through a “war.”
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