Tag Archives: Health-care

News

How Democrat policies cause corporations to outsource jobs overseas

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David Farr is the CEO of Emerson Electric, a $1.7-billion-dollar company heavily involved in manufacturing. What does he think about the job that the Democrats are doing in Washington?

In this Bloomberg article, he explains:

Emerson Electric Co. Chief Executive Officer David Farr said the U.S. government is hurting manufacturers with regulation and taxes and his company will continue to focus on growth overseas.

“Washington is doing everything in their manpower, capability, to destroy U.S. manufacturing,” Farr said today in Chicago at a Baird Industrial Outlook conference. “Cap and trade, medical reform, labor rules.”

Emerson, the maker of electrical equipment and InSinkErator garbage disposals with $20.9 billion in sales for the year ended September, will keep expanding in emerging markets, which represented 32 percent of revenue in 2009. About 36 percent of manufacturing is now in “best-cost countries” up from 21 percent in 2003, according to slides accompanying his speech.

Companies will create jobs in India and China, “places where people want the products and where the governments welcome you to actually do something,” Farr said.

The unemployment rate in the U.S. jumped to 10.2 percent in October, the highest level since 1983. Emerson, which Farr said employs about 125,000 people worldwide, has eliminated more than 20,000 jobs since the end of 2008 to lower expenses.

“What do you think I am going to do?” Farr asked. “I’m not going to hire anybody in the United States. I’m moving. They are doing everything possible to destroy jobs.”

[…]Mature markets such as the U.S., Western Europe and Japan continue to decline in importance and the company will keep investing in emerging markets, Farr said during the presentation.

“We as a company today are putting our best people, our best technology and our best investment in these marketplaces to grow,” he said. “My job is to grow that top line, grow my earnings, grow my cash flow and grow my returns to the shareholders. My job is not to shrink and roll over for the U.S. government.”

[…]In renewable and alternative-energy markets, Emerson had 2009 sales of $50 million and plans to increase that to more than $800 million in five years.

“But you are not going to see Emerson going out there with fancy commercials or sitting at the right hand of some president, talking about this,” Farr said. “We do it.”

When it comes to manufacturing jobs, the only person whose opinion counts is the CEO of the manufacturing company, because he makes the hiring decisions.

Why Obamanomics will not improve the economy

I noticed the Bloomberg article because it was linked to this American Thinker article, which was linked at Marshall Art’s blog.

The American Thinker article analyzes why Obamanomics will not improve the economy.

Excerpt:

The reason that Obamanomics will not and cannot work is because an economy cannot be managed from the top. Economics is a bottom-up process that depends upon individual incentives. Critical incentives have been diminished or destroyed by recent economic policies. Fear, uncertainty, threats, tax increases, penalties, and violations of the rule of law are but some of the conditions anathema to entrepreneurs, small business, and large business. Businesses will not hire, invest, or expand in a climate of disincentives. No commands from on high can force economic activity. That was a lesson that should have been learned from Eastern Europe and the former USSR.

If these disincentives are left in place, our economy will continue to shrink and our standard of living will continue to diminish. Capital has no nationality, and it will start to flee our shores. Talent will follow. We will not recover from this economic downturn until businesses and individuals have a more favorable incentive structure.

You can’t argue with the 10.2% unemployment rate, and it’s only going to get worse. Everything that Obama has done has been bad for business, and has contributed to raising unemployment. Democrats, (and the people who voted Democrat), know less about economics than my keyboard.

News

Congresswomen denounce Obamacare’s rationing of breast cancer exams

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These are the best and brightest conservative women in the House.

I am all in favor of cutting health care costs – but that doesn’t mean cutting the throats of patients to save money.

How conservative are they?

Here are their 2008 and 2007 congressional ratings from the American Conservative Union.

  • Michele Bachmann (MN) – 100% and 100%
  • Marsha Blackburn (TN) – 96% and 100%
  • Sue Myrick (NC) – 91% and 96%
  • Jean Schmidt (OH) – 87% and 92%
  • Cathy McMorris Rodgers (WA) – 92% and 85%
  • Candice Miller (MI) – 63% and 72%

All SIX of these women members of the Pro-Life Women’s Caucus!

News

Former NIH director says that health care bill is an attack on patient choice

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Story here at Hot Air. (Via Confederate Yankee via ECM)

Here’s the ex-NIH Director:

Dr. Bernardine Healy ran the National Institute of Health has a rather daunting resumé on health care issues.  She became the first woman to run the National Institute of Health in 1991, has served on two Presidential Council of Advisers on Science and Technology, and served as President of the Red Cross.

And here are her comments in US News:

The bill takes all sorts of choices out of patients’ and doctors’ hands. Even mammograms and prostate-specific antigen (PSA) tests would be similarly restricted by the government for millions of people, and they actually serve as better examples of what happens more broadly to personal medical decision making in the new system.

[…]As the pioneering prostate cancer surgeon Patrick Walsh of Johns Hopkins points out, a European randomized trial showed that PSAs saved lives. In the United States, there has been a 40 percent reduction in prostate cancer deaths since testing began in the early 1990s. Yet prostate screening arouses many of the same concerns as does breast cancer screening: too many follow-on studies, too many biopsies, and surgery on slow-growing tumors that may never have harmed the patient. The government task force claims that there’s insufficient evidence to make a recommendation for routine screening of men younger than 75 and is firmly against screening in men older than that. The American Urological Association’s position is the polar opposite: Baseline PSAs should be offered to men at age 40, and the frequency of subsequent testing should be determined by doctor and patient choice.

Ed Morrissey adds:

Prostate-specific antigen (PSA) tests help catch prostate cancer early. The American Urological Association wants men screened with the test beginning at age 40 to catch the problem at its earliest stages.

[…]The government board wants to move away from what it sees as excessive testing, claiming that it will reduce unnecessary stress and anxiety in patients. It’s no small coincidence that it will also save the government money — and in the case of PSAs, it will save money directly if Medicare refuses to pay for PSA tests until age 75, rather than retirement age.

Right now, the US leads the world in catching, treating, and curing prostate cancer. Britain, which has a single-payer system that rations care, has one of the lowest ratings in the world. That’s not a coincidence.

He who pays the piper calls the tune. If we want to keep patient choice, then we have to pay for our own care. If we allow the government to absorb our choices in the name of “fairness,” expect the USPSTF and other government panels to ration these tests and reduce our chances of surviving these cancers.

Previously, I wrote about a Stanford University professor’s survey of health care systems around the world, in which he compared American health care to single-payer systems, favored by those on the left. In Canada, there is a 184% increase in prostate cancer mortality rates, compared with American mortality rates for prostate cancer. That’s what we’re headed for if the public option passes.