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“New” Jobs Plan Re-Hash of Corporate Funders’ Wish List
Yesterday, the U.S. Chamber of Commerce released a six- point, seven page job creation plan in a letter to members of Congress. It looks like the Chamber took its same old, ineffective agenda, slapped it into one letter, and called it a “new” jobs plan. What a waste of paper. The U.S. Chamber’s “new” jobs plan is nothing more than its old plan to please CEOs by blatantly ignoring environmental concerns, cutting taxes on corporations - despite evidence that it won’t create jobs-- and abolishing the regulations that keep workers safe and consumers healthy.
Hanging up a “J-O-B-S” poster on the front of its building did nothing to help the Chamber responsibly create jobs just as slapping “J-O-B-S” on its already existing, reckless, and profit-driven agenda is nothing but corporate window dressing. As Time Magazine blogged, “Mr. Donahue, I know this might sound crazy, but here's my idea about job creation— why don't you hire somebody? …The less you have to lay out for lobbying, the less your members have to pay into the Chamber, and the more they have available to hire labor. It's a virtuous job circle!”
The U.S. Chamber’s Job-Killing Agenda
The Chamber Isn’t Terribly Concerned with Job Creation. Just Ask Them.
U.S. Chamber Chief Economist Martin Regalia Said There Isn’t Much More Government Can Do Now to Create Jobs but Wait for Economic Self Repair. “Martin Regalia, the chief economist for the U.S. Chamber of Commerce, thinks there isn't much more government can do now, beyond promoting pro-growth policies that have a payback later. ‘We have focused way too much on these sorts of artificial respiration-type approaches ... rather than getting the patient into a good environment where it would repair itself,’ he said.” [McClatchy News, 8/4/11]
Tom Donohue “Was Utterly Stumped” When Asked “What Corporate America Should Do” To Create Jobs. In a 2011 piece, Washington Post columnist Dana Milbank wrote: “Yet when asked by the Washington Post what corporate America should do to help bring about the ‘jobs recovery,’ Donohue was utterly stumped. ‘I got to think about this for a minute,’ he told the reporter, before recovering with, ‘I think the most important thing to tell a company is to return a reasonable return to their investors.’” [Washington Post, 1/12/11]
…Instead, Chamber Leaders Are Re-Packaging The Same Old Wish-List For Their Biggest Corporate Funders. Here’s a snapshot:
Produce More American Energy – to Create Environmental Ruin:
Tax Repatriation and Reducing the Corporate Tax Rate – to Create CEO Profits:
Provide Regulatory Certainty and Relief – to Create Unsafe Jobs and Products:
Other Job-Killing Items on the Chamber’s Agenda…
Remaining Silent on the Debt Ceiling Raise – Jeopardizing American Jobs and the Economy
Strongly Supporting the Outsourcing of American Jobs Overseas
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