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Sunday, December 11, 2011

FT's Take On US Unemployment

FT.com has another article on unemployment in the United States.

FT.com link here.

After reading that article, ask what issues were not brought up in the article.

This link provides a nice balance to the FT.com article. When you get to the link, read the original post about a Minnesota manufacturing company that has built three new manufacturing plants in North Dakota, rather than in Minnesota. Here are the reasons provided by the manufacturer:
Warroad-based Marvin Windows and Doors has opened North Dakota plants in Fargo, West Fargo and Grafton.

Marvin’s John Kirchner explained why the firm expanded to North Dakota in the last several years: “The regulatory and tax climate in North Dakota ... tend to be more friendly toward the business."

Also, Kirchner said, it takes too long to get state permits, delaying expansion plans.
While pledging that “we are not going to walk away from Minnesota” and saying Warroad will remain Marvin’s home and biggest factory, North Dakota is a good location for company manufacturing plants, he said.
As far as I could tell, none of that was mentioned by FT.com. Nothing about taxes, regulations, or permitting.

Nothing was mentioned about uncertainty, ObamaCare being the 800-pound uncertainty gorilla.

Nothing was mentioned about the ideological fanaticism of this administration against the bfossil fuel industry. Nothing was mentioned about the permitorium in the Gulf of Mexico. Nothing was mentioned about moratoria on drilling off-shore Alaska, California, Florida, or Virginia. Nothing was mentioned about uncertainty of fracking. Nothing was mentioned about ban on fracking on federal land in Ohio. Nothing was mentioned about killing a shovel-ready project that would have employed tens of thousands at high pay scales. Nothing was mentioned about the president's stated goal to kill the coal industry.

Nothing was mentioned about the example set by the government's economic czar.

Nothing was said about the administration's focus on faux-environmental issues.

Nothing was said about the administration's unbridled support for solar and wind energy and what that represents.

Nothing was said about the state with the highest unemployment rate (Nevada) and the administration's directive to forego conventions in Las Vegas.

Nothing was said about the administration's attitude toward CEOs using corporate jets, never mind that the US once had a thriving jet manufacturing industry.

Nothing was mentioned about protection of sage grouse taking precedence over opportunity for fathers to provide for their families.

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