Scott: Less government equals more jobs

By Matt Tomsic
mtomsic@scbiznews.com
Published Oct. 19, 2011

U.S. Rep. Tim Scott told a roomful of manufacturers Tuesday evening that the government needs to get out of the way to let the private sector create jobs.

Scott, R-S.C., proposed reducing the corporate tax rate, limiting federal regulators and allowing repatriation of profits. He said those three measures would create American jobs.

He spoke during the annual meeting and dinner of the Lowcountry Manufacturers Council at Trident Technical College. About 400 people attended.

Scott said government should lower the corporate tax rate from 35% to somewhere in the 20s and eliminate regulations. Scott criticized the National Labor Relations Board, Food and Drug Administration and Environmental Protection Agency for “meddling” in the private sector.

Specifically, he cited the NLRB case against the Boeing Co. for opening a final assembly and delivery plant in North Charleston for its 787 Dreamliner.

“We’re going to sue America’s greatest and largest exporter at a time when our president says we need to double our exports,” Scott said.

He asked the audience whether it noticed the gridlock in Washington. Scott said a philosophical disconnect about how jobs are created is driving the gridlock.

“The fact is that the philosophical challenge we have in the nation starts with the concept on one side that simply says that the federal government creates jobs,” Scott said, adding that the other side believes the private sector creates jobs.

Scott said the job creators are not in Washington but were at the manufacturers council’s meeting.

“The government doesn’t create jobs,” Scott said, adding that government needs to get out of the way. “And when we move out of the way, good things actually happen. We need certainty; we need predictability.”

Email Print

Do you give this article a thumbs up? Thumbs_upYes

Comments:

Added: 19 Oct 2011

Rep. Scott is exactly. If the government would get out of the way and do away with euemployment insurance and high taxes on small businesses (the backbone of our economy), then these businesses would be able to hire more people, improve their business and be able to pay these additional employees...at no expense to the taxpayers.

Steve Zobel


Added: 19 Oct 2011

Our congressman Tim Scott continues to get it right. Our government is too big, spends too much money, and over regulates. The private sector, warts and all, will lead us out of this rotten economy if only the government would get out of the way. Go Tim!

Neil Whitman


Added: 10 Nov 2011

Really he has it right what ever he is dead wrong if you feel that regulation is wrong then you feel no need for your local police your sheriff department and your highway patrol. Regulations is just that the police on assuring that both life liberty and the pusuit of happiness prevails without coporations in the private sector does not engage in such act as irresponsiable waste dumping, corner cutting on buildings that supports humans who eith live in them or work in them. the police is what regulation does, turn a blind eye to what most coporations will do as far as cutting cost and making easy corners to do what is right for human life and protection of the environment. You know what conservatives and republicans kill me when they say the are doing things to protect the future of our children and the next generation, but answer me this if we allow corporations to be deregulatory and allow them to go willie nilly with all standards that could harm the environment and safty livelyhood of the future then where is the protection for the next generation. the whole talking point that tim scott has is not right and its diffinitly not christian like.

Lamont R.