Posted by
Playful Walrus on Friday, October 22, 2010 5:09:11 PM
Merrill Holbrook of Yorba Linda
wrote in to the Orange County Register with some sense:
Campaign ad after ad imply California gubernatorial candidate Meg Whitman and GOP senatorial candidate Carly Fiorina are bad because they had to reduce staff or export jobs to keep their companies afloat. Just ask yourself this, Would you rather lose a few jobs or the whole company? Management decisions to let people go are not because of mean people in management; they are necessary to keep a company competitive. When a company fails to be competitive it shuts down, and all lose their jobs, not just a few.
What makes a company non-competitive? More often than not the reasons are the high cost of labor and government regulations and taxes. The higher wages, additional regulation, and taxes translate into U.S. jobs lost because consumers buy the less-expensive product made outside our borders.
If you don’t want to see this continue, stop buying products made in a foreign country or elect representatives who will not support more regulation, more taxes on business and the rich, and unions seeking continually higher wages. These are two ways to create jobs for us in the United States.
And I would add that if people in other countries don't have jobs, they won't be able to buy American products, invest in American businesses, or spend money here as tourists. Let the market work as freely as possible.