Frank Wolf (R-VA 10) has introduced a bill called the "Bring Jobs Back to America Act."
Jobs are a top priority and Frank Wolf's bill will actually make things worse.
Here are some concerns that his bill does not address:
1. It provides a subsidy of $71,000 per job, but there is no provision in the bill for how long the jobs have to last.
In other words, a company could set up a factory with jobs that pay $20,000 and operate it for one year before shutting it down, and still receive $71,000 per job, which means they are tricking the government -- or the taxpayers -- out of $51,000 per job.
Frank Wolf is apparently either an idiot (if he didn't think this part through) or corrupt (if he did).
2. This bill rewards companies for bringing jobs back that were already outsourced. So a company that already did its patriotic duty by keeping jobs here gets no benefit.
In other words, it's like a version of affirmative action that only helps former criminals, and doesn't give anything to law-abiding citizens.
Again, Frank Wolf is apparently either an idiot (if he didn't think this part through) or corrupt (if he did).
I am a loyal Republican but Frank Wolf embarrasses me. I look forward to his NOT being in Congress after 2012. He is already past the Biblical three score and ten years old, and it's probably long past his time to retire. Perhaps someone should run against him in the 2012 primary. Not me, though -- I've already got *my* sights on Gerry Connolly's seat!
I have no problems with any proposed tax cut, including credits and deductions, with three minor, common-sense conditions.
First, the cuts should be fair, i.e. equal, rather than being "targeted" to only certain specific firms or industries. "Targeted" cuts are both unfair and also wasteful.
Second, there should be no *subsidies* or other benefits which are greater than the cost of the action; otherwise we are paying for businesses to do things that waste money.
Third, any business -- or other organization -- which receives more money from the government than it pays in taxes should be prohibited from lobbying or making political contributions, even indirect "issue advertising."
(I also think that any individual who receives more from the government than *they* pay in taxes should not be allowed to vote -- not my idea, it goes back at least 150 years to John Stuart Mill.)
As far as immigration policy goes, I want to have a policy which encourages smart, honest, hard-working people to emigrate to America, and which discourages stupid, dishonest, and lazy people from coming (or staying) here.
One policy that would do that is to prohibit any government benefits (such as welfare, Social Security, education, or health care) to anyone except U.S. citizens.
Since naturalization requires being in the country for at least five years, this means they would have to support themselves for five years in a row.
I think that's a pretty good indication that they didn't want to come here to leech off our welfare system.
Of course anyone who tried to get benefits should have to prove citizenship, and be deported if they couldn't.
This means that someone who needed emergency medical care would receive it, but be deported as soon as it was medically safe.
I'm also in favor of *increasing* immigration of skilled, educated workers, i.e. those with a graduate or professional degree.
I'm also in favor of requiring each immigrant to post a bond which would cover the cost of a return ticket and other expenses for deportation.