Tuesday, November 2, 2010

The Republicans' turn?

If today's election turns out the way pundits and polls are predicting, the House will become Republican and we might catch a glimpse of the new majority's interpretation of job creation. I hope it will be something more original than just keeping George Bush's tax breaks in place till the cows come home, but I don't harbor any illusions.
I've always found that American conservatives have very little imagination, no proven ideas and aren't able to positively surprise us. Look, even our most liberal economists, armed with Nobel prizes have a hard time thinking out of the box.

Since creating employment is job number one, all these experts won't admit that there's now a fierce world competition that is likely to put severe pressure on high-wages, require incredible workforce and knowledge mobility, and still will leave many young people and most older workers out in the cold. This is the new world order. From Malaysia to China and Brazil, everyone craves to become the 21st Century's United States, which will mean even more competition for us and acceptance that we, the Americans, are no longer alone and leading the charge in the world of commerce and industry. This is why, this time, Republicans, in their “job creation efforts,” may begin to realize that the world has changed drastically during the short two years while they were just saying “No” to president Obama.

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