Saturday, November 11, 2017

HBO: Last Week Tonight With John Oliver- 'Economic Development'

Source:Last Week Tonight- John Oliver, talking about economic development in America.
Source:The Daily Review

"State and local governments offer large financial incentives to attract employers to their part of the country. John Oliver explains what communities get, or often don't get, in return."

From Last Week Tonight

I get that John Oliver don't like corporate welfare and neither do I and perhaps views any tax incentives as private business and individuals steeling government's money. (As Socialists would argue) As if government has any of their own money. The old phrase that money doesn't grow on trees is particularly app when talking about government. Even when government prints money (which is government creating money out of thin air) they need to actually print the bills with a printing machine. Instead of planting paper in the ground and hoping it eventually grows on trees.

If this is about pork barrel spending, then I agree with Oliver on that as well. Tax dollars that are purely designed for politicians to be able to pay off their political debts to their contributors and creates no economic benefit for the constituents that they represent. Which is nothing more than a form of legal bribery in America whether it's done from Congress, or at the state and local levels.

The reason why people stay in Congress for so so long, well their several reasons: they represent people who don't have enough time to research incumbents and candidates, because they're too busy staring at their i-phones and watching reality TV. Which of course is really important in life, not like trying to figure out where their hard-earned tax dollars go whether its for pork or for anything else.

But also people stay in Congress both in the House and Senate for so long because they get fat from pork. And are too fat to move out of Capitol Hill and actually get a real job. And as long as voters don't do their homework on people that are supposed to represent them and people who want to replace their porky Representative's and Senator's, we're going to see tax funded scandals like this. Money to companies that only get tax funded subsidies because they knew who in government to call and to payoff.

That fact is if you want jobs and you want Welfare even and a broader welfare state all together, which is the pot fantasy of a lifetime for Socialists in America, you need what John Oliver was talking about the beginning of his rant which are jobs. You want businesses investing in your communities and they need incentive to locate there. They need a workforce that is actually qualified to do the jobs that will be there. I know, that sounds crazy having people qualified for the jobs that they're supposed to do.

But you also need regulations that are easy to understand and actually make sense, are actually needed, and don't make doing business in your community too expensive. I know, more commonsense, I guess I'm just old fashioned that way. Otherwise we won't have a society where everyone is on Welfare and that socialist dream will never come because again money doesn't grow on trees, not even government money. (Sorry Bernie Sanders supporters) But instead a society where everyone is homeless or looking for an affordable place to live because no one has a job. Because taxes are too high and regulations are so strict that government is practically running what are supposed to be private businesses.