Monday, July 26, 2004

Jane on Jobs

Jane sounds a bit like John Kerry when it comes to talking about the economy and what she would do if (shudder) she were to be elected.

From the campaign site's issues section on jobs:
When elected to Congress, I will work to:

* Develop tax incentives for keeping jobs in America, and eliminate tax breaks for taking jobs overseas
* Work with business and labor leaders to identify and aggressively pursue opportunities for new job creation
* Support small business owners and other entrepreneurs, the most important source of new jobs for our community
* Put an immediate stop to off-shoring of vital and sensitive government data processing
Let's break that down:
Develop tax incentives for keeping jobs in America, and eliminate tax breaks for taking jobs overseas
This is the old outsourcing argument that Kerry tried awhile back. The reality is that we have far more insourced jobs here in Ohio than outsourced jobs. By engaging in such isolationist activity, Jane would risk losing Ohio's insourced jobs. But don't take my word for it, here's a clip from the Organization for International Investment:
U.S. subsidiaries in Ohio have consistently supported a significant number of jobs in the state. They now employ 242,200 Ohio workers - an increase of nearly 7% over five years.

In comparison to other states, Ohio has proven to be an attractive location for international employers, ranking 10th in the United States in the number of employees supported by U.S. subsidiaries.

In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries has remained strong over time. They provide the livelihood for nearly 5% of Ohio's private-sector workforce.
THAT is what Jane risks.

Oh. I know what's next. Manufacturing jobs. Same source:
U.S. subsidiaries support 116,900 manufacturing jobs in Ohio. Manufacturing companies tend to have a strong "multiplier" effect on the economy-stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.

Overall, approximately 48% of jobs at U.S. subsidiaries in Ohio are in manufacturing industries.
Back to Jane's site:
Work with business and labor leaders to identify and aggressively pursue opportunities for new job creation
Jane would like for you to think that Mike Turner isn't doing his job. Mike Turner has worked hard for Ohio's jobs. For example, he hosted a manufacturing and jobs forum with...
Congressman Rob Portman (OH-2), Congressman David Hobson (OH-7), Congressman John Boehner (OH-8) and Congressman Phil English (PA-3). Manufacturers and representatives include: The National Association of Manufactures, Ohio Manufacturing Association, Dayton Area Chamber of Commerce, Dayton Tool and Die Manufacturers Association, Ferno, Dayton Mutual Tool & Die, Crown Cork & Seal, CB Manufacturing & Sales, Candle-lite, and others.

[Topics covered included]: Tax policy issues, medical coverage costs, regulatory burdens, Chinese trade practices, research & development, raw materials, education & training, and other ways to stimulate growth in manufacturing and additional job creation.

Congressman Turner said, "Dayton’s manufacturing base has been an important part of our region’s economic engine. This forum is an opportunity to get together a group of some of the leading Members of Congress with the area’s most important manufacturers so we can hear their ideas to take back to Washington. Out of these discussions, I am optimistic we can build on the economic recovery and create more jobs for Ohio’s families."
Back to Jane:
Support small business owners and other entrepreneurs, the most important source of new jobs for our community
Jane wants you to think Mike Turner is under the influence of the evil HALLIBURTON! or some other big business conglomerate. Mike Turner was President of JMD Development, a real estate development company and corporate counsel for MTC International; hardly Enron or WorldCom or whatever other large corporation is considered evil by liberals this week. (Source)

Mike Turner understands small business and entrpreneurship; as Mayor of Dayton, Congressman Turner established a development fund providing more than $19 million in grants for housing and job-producing projects. The development fund sparked investment which resulted in a renaissance of Dayton’s downtown, after two decades of decline, including a $130 million arts center, a minor league baseball stadium, river front development, loft and upscale housing, additional corporate headquarters, and redevelopment of a brownfield area into a tool and die business industrial park. (Source)

Back to Jane:
Put an immediate stop to off-shoring of vital and sensitive government data processing
And we're back to outsourcing which we've already covered.

And if it sounds like Jane is down on Ohio's economic performance (and it does sound that way to me), you might want to check this article out that I wrote for WMD. And my colleague, Mark Garbett, put this one together.

3:56PM Update

NCPA Senior Fellow Bruce Bartlett says, "Restrictions on outsourcing may save a few jobs in the short run, but they will come only at the expense of better jobs in the future." Read the release to discover why he (and I) knows this...

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