Political Quotes

Rae Oliver Davis: What would the job creators do? During this time of great economic uncertainty, this is the number one question that we…

On the recordDecember 2, 2010
What would the job creators do? During this time of great economic uncertainty, this is the number one question that we must ask ourselves when bills are brought to the House floor. There is always lots of talk about fairness. Well, their idea of fairness towards job creators means a lot of people will not have jobs. I would like to remind my colleagues that under the current tax policy, before the subprime mortgage meltdown that resulted largely with not dealing with Fannie Mae and Freddie Mac, we had 54 months of consecutive economic growth. What would the job creators do if this were enacted? I wonder if perhaps my colleagues shouldn't get a bracelet with the initials WWJCD, ``What would the job creators do?'' before plunging off the cliff with some of these policies. It is not a question that we have to ponder about for long. The answer is simple for anyone who has owned a business and is faced with increasing costs imposed upon them by an intrusive Federal Government. As a former small business owner, let me walk you through the tough decisions this bill would force on millions of job creators with ObamaCare and all of the other burdens on top of this current tax increase. They would have to cut back or eliminate on benefits. They would be switching employees to part-time; at the end of the year, raises and bonuses would be replaced, in all likelihood, by pay cuts; layoffs or moving more companies to places that have friendlier tax and regulatory burdens.
Said by
Rae Oliver Davis
Independent · Kentucky
Source
govinfo.gov
Dec 2, 2010

Editor's note · Context

The speaker addresses the impact of government policies on job creators and small businesses.

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