quote:
More money in the pockets of shareholders, CEOs, and high level execs does nothing at all to better and move America forward. Companies are profiting hand over fist and yet somehow that only translates to CEOs getting larger bonuses and lower ppl losing their jobs due to "cost cutting" measures that only looks good on paper (inorganic growth).

Tax breaks (corporate welfare) = less money for infrastructure, schools, parks, and other public goods.

Apple has more money then they know what to do with. A tax break for Apple does not persuade them to hire more ppl and stop using Chinese slave labor--it only enables them.

Globalism is a by product of capitalism and is inevitable.

You are so November 7th 2016.....it is a brave new world, my friend.....if those CEOs want to sell their shite in the US they better make it in the US or their products will be so expensive no one is going to buy them....thats the beatiful thing about protectionism....something the labor movement in America has been clamoring for for years!!!!

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Posted by The_Duke

Member since Nov 2016

3693 posts

Posted on 12/1/16 at 4:52 pm to germandawg

So are you pro capitalism?

This post was edited on 12/1/16 at 4:54 pm

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Posted by WildTchoupitoulas

Member since Jan 2010

44071 posts

Posted on 12/1/16 at 4:54 pm to germandawg

quote:
if those CEOs want to sell their shite in the US they better make it in the US or their products will be so expensive no one is going to buy them....thats the beatiful thing about protectionism

Holy shite, you don't know what you're saying.

The People have voted American jobs overseas with their dollars. We've had the choice to buy American or cheap imports, we chose cheap imports. No amount of tax breaks is going to compensate for the cheap labor overseas.

What you're advocating will lead to runaway inflation. It'll be inflationary, because suddenly we'll have to either pay the cost of the tariff, or pay the cost of the more expensive American labor. Once inflation hits, the Fed will look at the debt and say, "We can't afford to raise interest rates - besides, devaluing our money with inflation is the only way to pay off the debt."

In any case, inflation is coming.

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Posted by The_Duke

Member since Nov 2016

3693 posts

Posted on 12/1/16 at 4:57 pm to germandawg