Elizabeth Warren, the far left Progressive that is running against Senator Scott Brown has set the liberals hearts all aflutter with a YouTube video that has made the rounds. In the video, the Massachusetts Senate wannabe says the following:
“There is nobody in this country who got rich on his own. Nobody! You built a factory out there? Good for you! But I want to be clear: You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You built a factory, and it turned into something terrific or a great idea: God bless! Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.”
Eat the rich, class warfare, stuck on stupid rhetoric spewed from liberal lips to Beelzebub’s lobes. This is a double down on the “pay your fair share” mantra that President Obama has pushed out in his talking points.
But the destroyer of jobs party, and Warren, has it exactly backwards.
When a community is in need of jobs, they do whatever it takes to attract companies to pick them over other possible locations. They build roads, bridges, schools, provide tax incentives, and a whole lot more to attract good, high paying jobs. In many cases, these projects were paid for with municipal bonds, or some other sort of borrowing. The money to pay the financing will come from the taxes generated by the factory that they hope to attract.
See, the schools where the local workers were educated depend on taxes from the workers pay provided by the factory. It is called symbiosis.
In order to attract businesses, the infrastructure must already exist. No company will locate in a town that cannot support their needs. For that matter, neither will the people.
The schools were not built to educate workers for a factory that did not yet exist. The workers were educated to provide a pool of employees that will attract employers. Same with the roads and rails. It is how the free market works!
But if Elizabeth Warren wants to tax these businesses for doing exactly what the infrastructure improvements intended them to do – provide jobs – then they will simply move to another place that needs jobs and is happy to accept them without lashing out at the job creators.
And when the jobs move out, the infrastructure will crumble and decay, other businesses will move away and the town will sink into a depression and rely on borrowed money until that is terminated.
No, Lizzy. The infrastructure provides incentive for businesses, the businesses provide jobs and the jobs pay paychecks which are taxed, and the money left over buys goods, which provides more tax money. So the business already pays for the schools and roads by providing jobs.
You Progressives want to make conditions so bad that the businesses will move on to greener pastures. There will always be another place that understands what it takes to attract and keep jobs. Progressives will never understand that.