Good News for America!

June, 2015

sam-thumbs-up
Recently, we celebrated Earth Day. More gloom and doom was standard fare in the news.

But, Stephen Moore from the Heritage Foundation has a different point of view. In a recent Washington Times column he wrote:

“Forty-five years ago when the first Earth Day was held, the catastrophe that awaited us was mass starvation, overpopulation, our supplies of oil and gas running on empty, and even a coming second ice age.

“Every single one of those predictions was spectacularly wrong. The opposite occurred.

“But the doomsday machine rolls on. This is one of the greatest mis-information campaigns in world history. The state of our planet has never been stronger. Nature has never been more bountiful.”

Food Production

Moore goes on to say, “Global per capita food production is 40 percent higher today than as recently as 1950. In most nations the nutrition problem today is obesity—too many calories consumed—not hunger.”

Pollution

“Air and water are cleaner than ever. Since the late 1970s, pollutants in the air have plunged. Lead pollution plunged by more than 90 percent, carbon monoxide and sulfur dioxide by more than 50 percent, with ozone and nitrogen dioxide declining as well, ” Moore writes.

Energy

Thanks to fracking, we have the largest reserves of natural gas in the world. Oil production is booming. Retail gas prices have come down.

Without the fracking success, ask yourself, what would oil prices be with all the current turmoil in the Middle East? Gas prices would have soared to $5 or $6 per gallon. Our economy would have shrunk. We might well have had a recession. But instead, our economy strengthened thanks to fracking and our domestic oil and natural gas surpluses!

Stock Market

The stock market continues to reach new highs with the Dow index at 18,000+. This benefits millions of Americans, not just the rich. Remember, stocks are part of worker’s 401k’s, IRA’s and other retirement plans. However, no one talks about that.

Government vs. Free Enterprise

Too many Americans believe that government control is the answer to our problems. They want to mandate toilet controls, the light bulbs we buy and the kind of energy we use.

Wrong! Activities like these only restrict choice and increase costs.

Look to Europe and you will see the impact of “Big Government” everywhere.

It Does Not Work!!!

Summary

Let’s take a few minutes and reflect on the great things we have in America. Enough of the “Gloom and Doom.”

Instead, let’s talk about our many successes.

  • Salute our progress in energy…Don’t try to shut it down.
  • Quit trying to pick “Winners and Losers” in the energy field and elsewhere. Let the free marketplace make these choices.
  • Stop “Regulation Mania.” Let us decide which light bulbs we want to buy.

America’s success was built on freedom of choice and a strong belief in our opportunities.

America is a great country. Let’s celebrate our many successes!!!

Minimum Skills = Minimum Wage

May, 2015

skills-wantedStreet protests and social commentary urging increases in the minimum wage may seem noble, but the logic
is flawed.

The basis for one’s earning power is tied to one’s skill level. The greater the skills, the greater the earning power. This is an economic fact of life.

The market for labor is based more on the employer’s needs than the employee’s wants. If the employer needs welders, he will hire welders and pay them in relation to the marketplace.

If there’s a shortage of welders, the employer will have to pay more. If there’s an abundance of welders, they’ll be paid less. This is the way the system has worked and will continue to work in the future.

Minimum Wage

It is common for one to start a career as a limited skill worker. These jobs usually pay in the minimum wage range because the required skill level is relatively low.

As the individual adds skills, and therefore becomes a more valuable employee, he or she can move to a higher paying position.

It is up to the individual to enhance his or her skills.

Unfortunately, our political “leadership” continues their divisive ways of pitting rich vs. poor. They claim low skill workers are entitled to $15 per hour in spite of their limited skills. That is not sound logic.

In Seattle and other West Coast cities, where $15 per hour minimum wage laws have passed, employers are finding their higher labor costs are not sustainable.

Help Wanted

Millions of good paying jobs are available. However, employers cannot find people with the right skills to fill them

We have an acute shortage of people trained in technical skills like computer science, electricians, auto mechanics, etc. We need more technical schools to train these people. The few such schools we have usually place 100% of their graduates in good paying jobs.

One example is Olathe, Kansas where the school district’s Advanced Technical Center produces certified, award winning auto technicians, welders, culinary chefs, nurses and more right out of high school. Graduates from the welding program can start work at up to $25 per hour, and be making $65,000 to $70,000 within two years.

Summary

Your skill level determines what you are worth in the marketplace. Every person should ask themselves, “What do I need to do to make myself more valuable?”

America is a great country. Opportunities are there. It is up to the individual to increase his or her skills to take advantage of all that our country has to offer.

Bottom line: More Skills = More Earning Power.

Export/Import Bank Creates Jobs and Spurs U.s. Competitiveness

April, 2015

worldHow many government entities:

  • Help create and support high paying U.S. union jobs, and
  • Generate significant income for the government, thus reducing the deficit?

That is what the Export/Import Bank has been doing for the last 80 years.

However, some Congressmen—headed by some Republicans—don’t want to renew its charter. They would dissolve the bank.

Why?

They consider it “corporate welfare.”

As background, the Ex-Im Bank does two critical things to expedite trade.

  1. It offers loans and loan guarantees to foreign purchasers of U.S. manufactured goods. These borrowers must meet strict lending qualifications when private-sector lenders can’t or won’t provide financing. The bank’s default rate is under two percent, better than many commercial lenders.
  2. It provides credit insurance for U.S. exporters to reduce commercial and political risks. U.S. exporters pay a fee for the bank to insure them if something happens to a foreign buyer like a conflict, war or bankruptcy.

Ex-Im, by law, cannot compete with commercial lenders. Its mission is to fill gaps in commercial financing.

What would you do? Here are the facts, according to the Ex/Im Coalition (exportersforexim.org.), comprised of 650 small and mid-sized firms in 41 states:

  • Ex-Im supported 1.3 million U.S. jobs in the last six years.
  • 90 percent of Ex-Im transactions last year benefited small business, plus thousands more small businesses benefited from their partnerships with large exporters.
  • Ex-Im generated $2.7 billion in tax revenues and fees in the last six years to help shrink the deficit.
  • In 2013 alone, Ex-Im supported $37 billion of U.S. sales to customers in other countries.

Ninety-five percent of the world’s customers live outside the U.S. Nearly one-third of U.S. economic growth is driven by exports. Ex-Im is a key reason U.S. exports are growing, the coalition says.

The bank’s charter expires June 30th, unless Congress acts to renew it.

Summary

  • The Export/Import Bank provides a critical function to support U.S. companies overseas.
  • It supports high paying union jobs in the U.S.
  • Plus, it makes a profit, providing billions to the U.S. Treasury.

Write your Members of Congress today and urge them to support this vital program. It makes no sense to make America less competitive in this global economy.

Let’s Keep America a Great Country!!!