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Started By
Message
Blame fed corp tax rate and unions not corporations, for outsourcing jobs
Posted on 9/26/21 at 6:59 am
Posted on 9/26/21 at 6:59 am
Corporate greed, who do we think owns these corporations...your 401, insurance companies, company retirement plans, etc.
If you dont think unions are a problem, look no further than our education system where we spend more per capita than any other country and dont even make the top 10 (and would be worse were it not for averaging in private schools and home schooling). Where we have high schools in places like Baltimore where hundreds of kids "graduate" with an eighth grade education after spending 19 grand a year on them.
And now Biden will raise the corporate rate again, fix the friggin code and stop giving "incentives" to the highest bidder....I mean lobbyist.
And stop incentivizing union companies financially ie the latest kickbacks he just announced for union companies only.
This arse is literally doing just the opposite of anything that will grow the economy, its as if its by design, hmmm.
If you dont think unions are a problem, look no further than our education system where we spend more per capita than any other country and dont even make the top 10 (and would be worse were it not for averaging in private schools and home schooling). Where we have high schools in places like Baltimore where hundreds of kids "graduate" with an eighth grade education after spending 19 grand a year on them.
And now Biden will raise the corporate rate again, fix the friggin code and stop giving "incentives" to the highest bidder....I mean lobbyist.
And stop incentivizing union companies financially ie the latest kickbacks he just announced for union companies only.
This arse is literally doing just the opposite of anything that will grow the economy, its as if its by design, hmmm.
13
Posted on 9/26/21 at 7:12 am to Smash That
I see the chinese bots are up early this morn, morning Xi.
Posted on 9/26/21 at 7:14 am to trinidadtiger
quote:
This arse is literally doing just the opposite of anything that will grow the economy, its as if its by design,
This is what democrats do. It's what Obama did. It's what biden will do.
Democrats are not for the free market.
Posted on 9/26/21 at 7:51 am to trinidadtiger
Of course it’s all about control. They want more people to rely on them , so they get more votes.
Posted on 9/26/21 at 9:09 am to tjv305
quote:
Of course it’s all about control. They want more people to rely on them , so they get more votes.
Biden is LBJ on steroids.
Posted on 9/26/21 at 9:41 am to trinidadtiger
I don't disagree completely but you're obviously oversimplifying. Sam Walton is as much to blame for outsourcing jobs as anyone ever in this country. He and his ilk that own these corporation that get taxed so high are also the same exact people who own and have owned the politicians responsible for the high corporate taxes.
How do you explain that paradox? I know the answer; I want to know if you know the answer.
How do you explain that paradox? I know the answer; I want to know if you know the answer.
Posted on 9/26/21 at 10:25 am to trinidadtiger
quote:
Blame fed corp tax rate and unions not corporations, for outsourcing jobs
The corporate system combined with the stock market is a catastrophic problem. These are companies running around with money the size of small countries. If they are a corporation their goal is to make more money for their stakeholders at any cost they can. Unions, taxes, regulations, etc. are all costs they can dump by leaving here to go to the third world.
Who is to blame? Us. We support what they do. We have let the corporations do what they want as we have let our politicians do what they want. They apparently both want third world because that's where the corporations go and that's what our politicians import and encourage in our country now. We have sold our soul to save a bit of money.
Posted on 9/26/21 at 10:27 am to trinidadtiger
"It's your fault for demanding a high quality of life"
- Republicans
- Republicans
Posted on 9/26/21 at 10:29 am to trinidadtiger
And Biden's answer isn't to put the U.S. rate at a competitive level.
Instead he wants to do a deal with several other countries to equalize rates. That's a form of price fixing, which always fails.
IDIOT.
Posted on 9/26/21 at 10:29 am to trinidadtiger
I'm sure this will be an unpopular opinion, but it was Reagan's policies that started the exodus of jobs to China.
Posted on 9/26/21 at 10:38 am to trinidadtiger
Rush in his early years always championed the outsourcing of union jobs to Mexico and other countries to punish unions because he despised them. It was only after the rise of China and the emergence of Trump that caused Rush to change his stance on the outsourcing of the US industrial/manufacturing base to foreign interests.
It's more sensible to deal with the union or bust the union than fricking the nation in the azz by off shoring our corporations.......Never forget, nearly all of the off shoring of US industrial production had to be approved by Congress.....Now you should understand why the US is really a Corporatocracy not a constitutional republic.
It's more sensible to deal with the union or bust the union than fricking the nation in the azz by off shoring our corporations.......Never forget, nearly all of the off shoring of US industrial production had to be approved by Congress.....Now you should understand why the US is really a Corporatocracy not a constitutional republic.
Posted on 9/26/21 at 10:56 am to trinidadtiger
A whole lot of truth in that.
Solving issues in America for manufacturers will do more than any trade war ever will. Particularly trade wars aimed at making investments in China easier for US banks and multinationals as Trump’s trade war has now been proven to have had as it goals.
Solving issues in America for manufacturers will do more than any trade war ever will. Particularly trade wars aimed at making investments in China easier for US banks and multinationals as Trump’s trade war has now been proven to have had as it goals.
Posted on 9/26/21 at 11:00 am to Bass Tiger
quote:
Rush in his early years always championed the outsourcing of union jobs to Mexico and other countries to punish unions because he despised them.
I have no issues with the idea of private sector unions but they went astray by becoming shake down artists for the benefit of union executives instead of good faith negotiators for the benefit of workers.
AS for public sector unions,
they are an abomination and need to be abolished.
Posted on 9/26/21 at 11:02 am to Ricardo
quote:
I'm sure this will be an unpopular opinion, but it was Reagan's policies that started the exodus of jobs to China.
Reagan played a small part in building up China’s economy. It wasn’t until 2000 when Clinton pushed for China’s membership in the WTO…..that’s when China really took off economically.
quote:
President Bill Clinton in 2000 pushed Congress to approve the U.S.-China trade agreement and China's accession to the WTO, saying that more trade with China would advance America's economic interests: "Economically, this agreement is the equivalent of a one-way street.
Posted on 9/26/21 at 11:03 am to Bass Tiger
quote:
Rush in his early years always championed the outsourcing of union jobs to Mexico and other countries to punish unions because he despised them. It was only after the rise of China and the emergence of Trump that caused Rush to change his stance on the outsourcing of the US industrial/manufacturing base to foreign interests. It's more sensible to deal with the union or bust the union than fricking the nation in the azz by off shoring our corporations.......Never forget, nearly all of the off shoring of US industrial production had to be approved by Congress.....Now you should understand why the US is really a Corporatocracy not a constitutional republic.
One of the most accurate descriptions of how we got here. And thus, will be be of the most unpopular
Posted on 9/26/21 at 11:06 am to BeepNode
quote:
It's your fault for demanding a high quality of life"
- Republicans
I suppose the high quality or high standard of living in America pays for the future Marxist Utopia?
Posted on 9/26/21 at 11:16 am to Smash That
quote:
Smash That
Number of Posts: 79
Registered on: 9/24/2021
Definitely, definitely not an alter or bot. Nope.
Posted on 9/26/21 at 11:38 am to TrueTiger
quote:
AS for public sector unions,
they are an abomination and need to be abolished.
When you negotiate with the gov of Cali for retirement benes (since unlike wages, they wont show up while you are in office) and you hold the sword of Damacles (100s of 1000s of votes) over him....its no wonder you have the tidal wave of Calpers staring your kids in the face.
Posted on 9/26/21 at 11:39 am to trinidadtiger
How do you explain the fact that corporate profits are higher than ever under regulations and taxes? Share price continues to increase because of all the extra money they have.
Do you know what share buybacks really mean? It means that after analyzing all the best investments they could do with the money they couldn't find anything with a better return than reducing their outstanding shares to raise stock price. This is not market efficiency this is ridiculous.
Do you know what share buybacks really mean? It means that after analyzing all the best investments they could do with the money they couldn't find anything with a better return than reducing their outstanding shares to raise stock price. This is not market efficiency this is ridiculous.
Posted on 9/26/21 at 11:55 am to oklahogjr
quote:
How do you explain the fact that corporate profits are higher than ever under regulations and taxes? Share price continues to increase because of all the extra money they have.
Do you really not know the answer to this question?
Let interest rates move to historic norms. Watch what happens to stock prices. Stocks have been propped up by Fed policy.
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