President Obama believes government has a vital role in creating good jobs in America.
The facts are on the president's side. U.S. corporations are increasingly global, with less and less stake in America. According to the
American companies are also creating good high-tech jobs abroad. The National Science Board warns that the U.S. is quickly losing ground in research.
American companies are happy to play along because it's profitable for them. An Apple executive told the
If Apple or any other big American company can make it best and cheapest in
But here's the political problem. In case you hadn't noticed, American firms have huge clout in
Their clout extends to the Obama White House. The president's own
Like the others, GE has been creating more jobs outside
Not surprisingly, the council's recent report calls for lower corporate taxes and fewer regulations. The report -- endorsed by Republican House Speaker
Previously the council has called for repeal of the anti-corporate-looting provisions enacted by
Lower corporate taxes and fewer regulations won't bring good jobs to America. They might lower the costs of production here, but global companies can always find even lower costs somewhere else around the world.
Global corporations -- wherever they're based -- will create good jobs for Americans only if Americans are productive enough to summon them. Yet a large and growing portion of our workforce isn't equipped to be productive.
We're hobbled by deteriorating schools, unaffordable college tuitions, decaying infrastructure, worsening health (along with rising health-care costs) and declining basic R&D. All of this is putting us on a glide path toward even lousier jobs and lower wages.
Yet big American corporations aren't lobbying to fix any of this. They can get what they need globally, and they're designed to make profits rather than create good jobs.
So who represents the American workforce in
Republicans like it this way, and for three decades have been trying to convince average working Americans that government is their enemy. Yet corporate America isn't their friend. Without bold government action on behalf of our workforce, good American jobs will continue to disappear.
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Globalizing Private Sector, Government Overwhelmed by Corporate Money | Politics
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