Daily Archives: November 14, 2011

American Companies Lazy And Unwilling To Unleash U.S. Potential

Nothing like dissin’ your own country.

President Obama: U.S. Gotten a Bit “Lazy” on Attracting Businesses.  Fox.

“But we’ve been a little bit lazy, I think, over the last couple of decades. We’ve kind of taken for granted — well, people will want to come here and we aren’t out there hungry, selling America and trying to attract new business into America, Obama said.

So American businesses aren’t hungry enough?  They don’t have sufficient interest in culling work opportunities from near or far?  It must be easier to help foreign investors make business in America by navigating the waters for them.

He then went on to say things his administration has done like setting up Select USA that organizes government agencies in an attempt to make it easier for foreign investors to set up a plant in the U.S.

Why it must be so hard for foreign companies.  Let’s make it easy for them.  Forget about American companies who are packing up and moving business to other countries.   

“Because of our federalist system, sometimes a foreign investor comes in and they’ve got to navigate not only federal rules, but they’ve also got to navigate state and local governments that may have their own sets of interests. Being able to create if not a one-stop shop, then at least no more than a couple of stops for people to be able to come into the United States and make investments, that’s something that we want to encourage,” Obama said.

How about encouraging American companies who have gone overseas to return?  Made (again) in the USA: The return of American manufacturing.  Fortune/CNN.  Why?

  • Overseas workers are getting more expensive.
  • Shipping costs keep increasing.
  • Global supply chains have shown weak links.

America could use jobs.  America’s global prowess used to lie in its own manufacturing self-sufficiency.  But now that manufacturing comprises less than 15% of the gross national product, domestic incentives could help jump start that part of the economy. 

That is of course if the American president wasn’t so comfortable kicking America. 

Well, we’ve lost our ambition, our imagination, and our willingness to do the things that built the Golden Gate Bridge and Hoover Dam and unleashed all the potential in this country.”

It may seem petty to some that a U.S. president calls his own citizens lazy while paving the road for foreign companies to set up and compete with American companies.  But actions together with words take it to a whole new level.

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