Hillary Clinton believes that corporations and businesses don’t create jobs.
That’s what she told an audience in Massachusetts, as she was stumping for fellow liberal sister and gubernatorial candidate, Martha Coakley.
Horse apples.
They do create jobs, and this is why it is so important that the climate for job creation is ideal.
Republicans look set to take the House and are narrowly favored to take the Senate.
If they do, they must be committed to delivering an economy that is:
- strong and prosperous
- productive and globally competitive.
In order to allow businesses to innovate and adapt to globally competitive markets, they must give businesses:
- confidence
- flexibility
- certainty.
In short, the Republican Party must take the opportunity to build a stronger, more productive and diverse economy with lower taxes, more efficient government and more competitive businesses.
That’s the first order of business. French Republicans and the wobbly need not apply.
Importantly, it must reduce the regulatory burden strangling America’s economic prosperity and development. It must.
When I travel around the country speaking to businesses, non-profits and industry representatives, I always hear the same thing: America is besieged under a heavy burden of regulation and the fear of more to come.
When it comes to creating jobs, regulation is a greater drag and weight on the economy than the debt.
This is unfortunate. And oh-so very un-American. Land of the free? Land of opportunity?
If American businesses, entrepreneurs and workers are to be better off, two things must happen:
- productivity must be boosted
- the burden of regulation must be reduced
Republican policymakers should be out there in the media selling the vote-winning message that regulation should only be imposed where absolutely necessary and not be the default position in dealing with public policy issues.
They can win the argument. And then win the vote against Mrs. “Businesses Don’t Create Jobs” in 2016.
Here are some of the things the Republican Class of 2015 can and should do:
- introduce an annual red tape reduction report
- provide incentives to drive the public service to cut red and green tape, such as linking remuneration of senior public servants (including future pay increases and bonuses) to quantified and proven reductions in regulation.
- set a reduction target to reduce the red and green tape cost burden imposed on the American economy
- repeal or amend costly and excessive existing regulations and implement sensible whole-of-government initiatives that will assist in reducing red and green tape
- set aside specific time to repeal counterproductive, unnecessary or redundant legislation/regulations
- reform the processes which create, implement and review new regulations.
That’d be a hell of a start.
What difference does it make? All the difference in the world.
Slash, baby, slash.
Nick Adams is an Australian best-selling author, speaker and political commentator. He is best known for his work in the field of American exceptionalism, and is credited with a resurgence in the idea worldwide. He is a regular on Fox News, C-SPAN and nationally-syndicated radio. Adams has received several state awards, being appointed an Honorary Texan by Governor Rick Perry in 2013. He is the author of the book: The American Boomerang (2014). He can be reached on Twitter @NickAdamsinUSA. His website is www.nickadamsinamerica.com.