While the facist element of corporate America extorts the political process, facilitated by republicans, the American worker is being held hostage. No tax break for the billionare boyz club, no food for the working poor. It's as simple as that! Now here's how this scam is going to play out. Hiring is intentionally being held back. I have seen this all year in every industry my service company provides work for. Those that are lucky enough to still be working are working 60-70 hours per week. They will not hire to offset this O.T. Money for capital projects is being held up. This has been the name of the game for all of 2010. They could have, and should have been hiring all year long, but they haven't. Why not? You don't need much imagination to figure it out. The power brokers and modern day flesh peddlers have perpetrated the tax break will create jobs lie. When their little extortion game plays out, they'll get their tax break. Come Feb./March, like magic, hiring will begin. They'll all be jumping around saying, see, see, tax breaks did create jobs, when in reality they just held off hiring until they got their way. Democrats, stupidly, will give this extension for two years. Gee, I wonder how that will play out for the republicans. Come election time, I'll bet every dollar I have that we'll be hearing, we must extend the tax breaks. If we don't all the jobs they created will vanish again. It makes me want to puke. And one final thing. I'm sick of this phoney patriotism displayed by the corporate tyrants and their republican cronies. They obviously hate the average American, and won't be happy until they lay waste to this country, coast to coast, border to border. Then they'll just move on to destroy someplace else, just like the locust that they are. Just take your little lapel flag and stick it up your collective facist ass. I ain't buying your bullshit!
Errr, I did point it out. Demand for hiring has been there all year and they won't fill the positions. They are intentionally holding back hiring until they get their public aid in the form of tax breaks. It's the ultimate entitlement program, and clearly defines what an entitlement program really is. The billioniare boyz club is feels entitled, so they get it. They're so good at it they have people like you believing SSN is an entitlement program. The government collects our money, holds it for decades, spends it on everything under the sun, and then the facists call it an entitlement when it comes time to pay it back. Nice scam, and you buy right into it. Thanks for illustrating why it's do easy to hoodwink Americans. You can't see what's right in front of your face.
There is uncertainty about healthcare premiums for workers. There is uncertainty about tax liability. Most firms increase their cash reserves under those conditions. I don't think its a republican conspiracy but rather that it simply resembles how capitalism works.
They're not hiring because sales are sluggishly growing, and because they are getting the same work done with fewer people. Thus, cash reserves are growing. Lending is tight because sales are sluggish, the customers being largely broke. Thus, cash reserves are growing. There is no more worry about future tax liability than there is about future higher prices for natural gas or diesel--they are overhead.
There is no uncertainty. Insurance premiums are going up and all increases will be passed on to the employee, as usual. There is no uncertainty about taxes. Corporations don't pay them, never have, never will. All costs are passed on to the customer. We no longer practice capitalism. Any and all losses are socialized with government bailouts, i.e. our money, not theirs. Corporations extort the political process until they're rewarded. Public Aid and unemployment benefits are held back from the working class, while corporate welfare is on the rise. Easy money is the norm for big institutions, while small business and individuals are given ever tougher lending hoops to jump through. I honestly don't know what to call it, but it sure as hell ain't capitalism.
I've been struggling with what to call it, myself. Plutocracy? Rentier state? Crony capitalism? Etc. They are all "yes, and no" labels.
The closest I can get is some type of Corporatocracy/Corporate Imperialism. Whatever it is, it incorporates the absolute worst elements of capitalism, socialism, marxism, and any other ism you can think of, not the least of which is elitism.