Tuesday, October 19, 2010

This Election is About Jobs

This Election is About Jobs

I’m supporting Scott Murphy for Congress because he knows what a job is. He knows what it takes to create one and he knows why jobs disappear. He knows what it takes to create one because he has started companies. One failed, one was sold and one went public. He gets it. His opponent’s experience is in the army. You don’t learn what economic viability is in the army. You learn it in the trenches creating jobs. It’s not about fulfilling bumper sticker promises.

Do you create jobs with lower taxes or higher taxes, more regulation or less regulation? The reality is that these are all good tools when skillfully applied.

For instance, right now New York corporations, before loopholes, pay 41% taxes, a high rate by global standards. But they don’t pay any taxes on money earned abroad as long as they leave those profits abroad to grow their businesses overseas. So they have a huge incentive to create jobs for foreigners and a huge disincentive to create jobs here. Murphy knows that we can create jobs in the U.S.A. by lowering taxes on corporations on their domestic activities AND raising taxes on their foreign activity. Gibson has promised he won’t raise taxes, period. When was the last time you saw a skilled craftsman throw away a good tool? When it comes to creating jobs, Gibson is an unskilled greenhorn. Murphy is a master craftsman.

There is another thing I like about Murphy. He knows what a Republican is. His wife is one of eleven children who grew-up in Glens Falls where Murphy now lives. Since childhood she has been eating every Sunday dinner with her whole family; these days that usually means over forty people at her mother’s house. Her family is almost all Republican and Murphy is there for dinner every Sunday that he can be. From Sanskrit, “Walk together, talk together, O ye people of the earth, then and only then shall ye have peace.”

Please vote.

John Cady
Copake

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