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re: U.S. Steel CEO Says 10,000 Jobs To Be Brought Back… All Because Of Trump

Posted on 12/7/16 at 5:59 pm to
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167893 posts
Posted on 12/7/16 at 5:59 pm to
quote:

Obama and his minions should be ashamed. They hurt so many middle class families


Obama moving fighter jet jobs to India to build good will.
Posted by reverendotis
the jawbone of an arse
Member since Nov 2007
4867 posts
Posted on 12/8/16 at 12:19 am to
CNBC - Cisco CEO discusses repatriation of capital

quote:

Cisco Systems CEO Chuck Robbins told CNBC on Wednesday if the company could repatriate overseas capital, it would do a combination of dividends, buybacks and M&A activity.

Repatriating cash, or bringing international profits back to the U.S., would ultimately create some jobs for Cisco, Robbins said on "Squawk Box" on Wednesday at the Business Roundtable meeting in Washington.

Many major U.S. corporations keep piles of cash overseas because they don't want to pay steep taxes to bring it back home. Cisco has more than $60 billion abroad, and it could be one of the biggest beneficiaries of repatriation measures proposed by President-elect Donald Trump


Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 12/8/16 at 8:06 am to
quote:

Obama and his minions should be ashamed. They hurt so many middle class families


Obama moving fighter jet jobs to India to build good will.




If it's cheaper to build in India, then ship every single government contract to India.

Government spending is always 100% consumption. The less it consumes, the better.
This post was edited on 12/8/16 at 8:07 am
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