Why Jobs Aren’t Coming Back?

Obama Policies Prevent Jobs From Coming Back

Just days before Toyota's top executives were to testify on Capitol Hill amid a giant recall internal Toyota documents came to life.  When talking to most business executives each day they quietly say much the same as these Toyota documents say.The documents portray the Obama administration and Democratic Congress as “activist” and “not industry friendly.”

Many businesses and industries are feeling the same way. In large part, this is why the jobs are not coming back. Businesses are deeply, deeply worried about the activist bent of the Obama administration and the anti-free market stance it has repeatedly taken on issues. The uncertainty and antagonism are causing businesses to keep money on the sidelines.

Here is just one example.  A business has put a major new business development on hold because of the Obama Administration’s stance on carbon emissions. The company could move everything to another country and be perfectly happy with less environmental restraints, or it could keep everything in the U.S., comply with existing environmental laws, and create American jobs. But because Obama and the EPA are headed in the direction of even more regulation and expense, the jobs might go overseas.

The Obama administration is excelling at two types of job creation programs: government jobs and sending jobs overseas away from the American regulatory regime.

Until Obama and his minions show a willingness to work with businesses and not hurt businesses, the jobs will not come back. Toyota is far from alone in its belief of the Obama administration.

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You might also like to read this article: Unemployment Up 12% Last Two Weeks 

   

 

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