Tag Archives: Regulation

Boeing builds new 787 plant in South Carolina to escape Washington Democrats

You can’t pass regulations and taxes on corporations and then expect them to supply residents of your state with jobs. They will move to another state, and eventually, to another country.

Consider this commentary from Illiquid Assets. (H/T ECM)

Excerpt:

Two stories jumped out at me this morning the first was Boeing backing up its warning to Washington State politicians that they needed to reform the business environment and taxation model or lose future business investment and jobs. The response from the State was a whole new plan with localized Cap and Trade via the Western Climate Initiative, no reform of labor laws that allowed a protracted Union strike that shut down Boeing just as the world was starting its slip into recession combined with and other Green initiatives sure to drive up operating and labor costs. So Boeing has decided to open the second assembly line for the 787, not in Washington State, but in South Carolina and the politicians in Olympia claim they did not see it coming. South Carolina has a lower tax rate and a “Right to Work” law that means you do not have to join a union to work at a union business.

A right-to-work law means that the corporation does not have to be shackled by the demands of corrupt leftist unions, who are largely responsible for driving the American auto industry into the ground, in my opinion.

And now, consider this statement from Republican State Rep. Dan Christiansen. (H/T Sound Politics via iPandora)

Excerpt:

It’s extremely disappointing that Boeing has chosen South Carolina over Washington, but not surprising at all. Boeing has been very critical of our state’s difficult regulatory atmosphere. At the end of the day, it has to be able to compete successfully on an international scale, especially against Airbus. Instead of providing a level playing field, Washington has consistently put up barriers that make it difficult not only for Boeing to compete, but also for other employers throughout our state.

It’s been no secret that other states have been courting Boeing for years. Boeing has tried to make it work here. However, it has gotten to a point with unemployment insurance issues, regulatory burdens, business and occupation taxes, and recently, the governor being willing to consider tax increases, that Washington is no longer a place where Boeing can be competitive.

In South Carolina, it took only days for Boeing to get the permits it needs to move forward with the second 787 plant. In Washington, it would take years. That’s one of many examples in which our state has not been helpful and has stood in the way of the ability for Boeing to successfully compete here.

When Boeing decided several years ago to move its headquarters from Seattle to Chicago, many of my House Republican colleagues and I warned that unless the Legislature was willing to make reforms to improve the state’s business climate, we may see further departures. The governor and the majority party have been in denial about concerns of job providers and now our predictions are unfortunately coming true.

We must also remember this is not just about Boeing. Many other employers rely on Boeing and its workforce to support their companies. Hundreds of thousands of jobs in Washington are indirectly related to Boeing and are affected. I’ve been very critical not only about how our state has treated Boeing, but all employers in Washington. Even when the Legislature made concessions to Boeing in 2003 to secure the Dreamliner in our state, I also said we should extend those tax relief benefits to all businesses. Unfortunately, very little has been done in the Legislature to make Washington attractive for business.

Today’s announcement needs to be a wake-up call to our political leaders in Washington to create a more competitive business climate before we lose more employers to other states.

(Click through to the article for another view)

Eventually, maybe the American people will realize that they can’t attack “big corporations” without facing the consequences. Until then, Democrats will keep raising taxes and adding regulations that causes business to shift jobs to low-tax states, and eventually, overseas. Outsourcing is caused by Democrats who are hostile to businesses. Unemployment is caused by Democrats who are hostile to businesses.

How Democrats vote on illegal immigration, abortion, marriage and corporations

Here’s a little round-up of stories (mostly from ECM) that will help you to understand what it is that Democrats really stand for. The best way to know what they stand for is NOT to listen to speeches or media bias. The best way to know what they stand for is to look at how they vote.

Democrats want Americans to pay for health care for illegal immigrants

Story here from The Hill.

Excerpt:

Senate Finance Committee Democrats rejected a proposed a requirement that immigrants prove their identity with photo identification when signing up for federal healthcare programs.

Finance Committee ranking member Chuck Grassley (R-Iowa) said that current law and the healthcare bill under consideration are too lax and leave the door open to illegal immigrants defrauding the government using false or stolen identities to obtain benefits.

Grassley’s amendment was beaten back 10-13 on a party-line vote.

Democrats want to destroy traditional marriage

Story here from The Hill.

Excerpt:

A House Democrat will introduce a bill on Tuesday to repeal the infamous Defense of Marriage Act (DOMA), but he will not have the support of one of the law’s biggest critics.

The latest effort to revise federal marriage guidelines comes from Rep. Jerry Nadler (D-N.Y.), the chairman of the House’s subcommittee on the Constitution, Civil Rights & Civil Liberties, which oversees DOMA. His proposal, which he will unveil at a press conference next week, will include a provision to allow same-sex couples in one state to marry elsewhere, return home and still receive federal benefits.

Nadler has already secured the support of two congressmen — Reps. Tammy Baldwin (D-Wis.) and Jared Polis (D-Colo.), who will co-sponsor his effort.

Democrats want to fund abortion in their health care bill

Story from Life Site News.

Excerpt:

Sen. Orrin Hatch (R-Utah) proposed to amend the “America’s Health Future Act of 2009” under consideration by the Finance Committee led by Chairman Max Baucus (D-Mont.). His amendments would have codified current conscience protections for health-care providers with moral objections to abortion and also made permanent the Hyde Amendment, which prohibits federal funds from the Department of Health and Human Services (HHS) from paying for abortions.

Hatch instead proposed that women could purchase additional coverage for abortions through “riders” that would not be subsidized by the government.

However, the amendments were rejected by the Committee by votes of 13 – 10. In both amendments, Sen. Kent Conrad (D-N.D.) joined committee Republicans in support of the measures, while pro-abortion Sen. Olympia Snowe (R-Maine) joined Baucus’ committee Democrats to vote against the bill.

Democrats support taxpayer subsidies for big corporations that help them get elected

Story from Green Hell Blog.

Excerpt:

Sen. Barbara Boxer’s climate bill set to be released today contains a provision that will compensate General Electric quite nicely for its lobbying and media efforts promoting climate legislation.

[…]So the Boxer bill would compel airlines and the military, when purchasing new aircraft and new aircraft engines, to purchase more expensive “green” engines made by GE, according to standards set by the current and GE-lobbied Obama administration.

Keep in mind that GE CEO Jeff Immelt is member of President Obama’s Economic Recovery Advisory Council.

This is what people who voted for Obama voted for, knowingly or unknowingly. They are still responsible for these policies.

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MUST-READ: Why Obama’s health care plan is just wealth redistribution

Story from the Wall Street Journal.

Excerpt:

President Obama proposes to require insurers to sell policies to everyone no matter what their health status. By itself this requirement, called “guaranteed issue,” would just mean that insurers would charge predictably sick people the extremely high insurance premiums that reflect their future expected costs. But if Congress adds another requirement, called “community rating,” insurers’ ability to charge higher premiums for higher risks will be sharply limited.

Like the homeowner who waits until his house is on fire to buy insurance, younger, poorer, healthier workers will rationally choose to avoid paying high premiums now to subsidize insurance for someone else. After all, they can always get a policy if they get sick.

To avoid this outcome, most congressional Democrats and some Republicans would combine guaranteed issue and community rating with the requirement that all workers buy health insurance—that is, an “individual mandate.” This solves the incentive problem, and guarantees that both the healthy poor 25-year-old and the sick higher-income 55-year-old have heath insurance.

But the combination of a guaranteed issue, community rating and an individual mandate means that younger, healthier, lower-income earners would be forced to subsidize older, sicker, higher-income earners. And because these subsidies are buried within health-insurance premiums, the massive income redistribution is hidden from public view and not debated.

If Congress goes down this road, health insurance premiums will increase dramatically for the overwhelming majority of people.

This is the best explanation of what is really at stake if Obama’s socialized medicine plan passes. Please read it.

What no one realizes is that when one group is funding the lifestyle choices of another group, they stop producing wealth. Maybe they just retire, or maybe they move to another country. But the result is the same: economic growth is stifled and unemployment goes through the roof. These are the unintended consequences of the policies of well-meaning but naive socialists.

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