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Started By
Message
re: I'm all for more U.S. jobs, but things will cost more.
Posted on 1/25/17 at 3:03 pm to tigerpawl
Posted on 1/25/17 at 3:03 pm to tigerpawl
If Corporations get a 15-20% reduction in taxes; this can go to pay for their increased cost of wages/production. Only difference is that instead of the money going to the Government...it goes into the pocket of the workers.
"Amiright? Prove me wrong."
"Amiright? Prove me wrong."
3
Posted on 1/25/17 at 3:03 pm to cokebottleag
quote:
It's called owning the negative. No one is claiming prices won't go up.
It's fine when commodities like TVs and Cars go up, but when food goes up we are all fricked. Most food found in Supermarkets is either picked by illegal labor or is imported from one of the countries Trump has called out.
This post was edited on 1/25/17 at 3:10 pm
Posted on 1/25/17 at 3:04 pm to tigerpawl
I wish I could get Trump to drop the protectionism, border wall, and trillion dollar infrastructure spend. Everything else so far is good.
Posted on 1/25/17 at 3:05 pm to RCDfan1950
quote:
If Corporations get a 15-20% reduction in taxes; this can go to pay for their increased cost of wages/production.
The flaw in that is that it likely won't go into paying higher wages. Maybe it creates more room for investment and it creates a few more jobs. Or maybe they just pocket the savings.
Posted on 1/25/17 at 3:06 pm to Seldom Seen
quote:Competition with other countries, silly. It's not like jobs are being outsourced to just one place.
Once they have all our manufacturing jobs whats to stop them from jacking up the prices on us?
Posted on 1/25/17 at 3:12 pm to RCDfan1950
quote:On condition that you hold a gun to the CEO's head and force him to give it to the workers instead of lining his own pockets.
If Corporations get a 15-20% reduction in taxes; this can go to pay for their increased cost of wages/production. Only difference is that instead of the money going to the Government...it goes into the pocket of the workers.
"Amiright? Prove me wrong."
Posted on 1/25/17 at 3:17 pm to JohnDeere
quote:But the manufacturing jobs are already increasingly marginalized by technology. So the number of jobs "coming back" will be far fewer than the number that left, and the number of jobs will only decrease with time. In addition, increased costs of labor would further incentivize technological adaptations to replace that cost.
We may pay more but there will be more people working
quote:That's ideal, but unless the government decides it wants a smaller piece, it's not going to happen naturally.
so taxes should go down
quote:Maybe, but that's probably industry and product specific, and even then, I don't think the quality improvements will be drastic since human labor is a more limited variable.
plus we will have better made products
Posted on 1/25/17 at 3:20 pm to tigerpawl
quote:
On condition that you hold a gun to the CEO's head and force him to give it to the workers instead of lining his own pockets.
Sounds like what Trump is doing. The Corporations can either work with Trump...or a Bernie Sanders proxy.
No common-sense individual begrudges an individual or business a fair profit, for a fair product or service. This can be done.
Posted on 1/25/17 at 3:21 pm to Seldom Seen
quote:Unless there is a substantial difference in quality, I'm not going to choose a costlier option, regardless of where it's made.
So what, we should sellout America to save a few pennies?
At the very least, I'll spend less on something else and/or buy less of that costlier product. And that would negatively impact other jobs (if I'm reallocating to the costlier product), and/or it will decrease the demand, which will not positively impact those new jobs.
Posted on 1/25/17 at 3:21 pm to golfntiger32
I'd agree with this. And I'd tie that in with how the new tax legislation will look. My instinct is that a cut for Bank of America gets partially returned to workers in the form of higher wages, but more so with an emphasis on share price. So I'm disagreeing with my friend RCD above. I suspect if smaller businesses get tax cuts, more would be returned both as increased wages and benefits to workers, and also to investment.
SO I guess I'm agreeing with a liberal talking point. Wealthier individuals and businesses tend to save tax cuts. Where I depart is when they maintain there is no increased economic activity attributable.
Back to tariffs, the most common argument is just plain dishonest. Fist the tariff is misrepresented as a broad based tariff, when this hasn't really been suggested. Second, discounted completely is that there are other sources for the tariffed product that are currently price comparable to the tariffed product in many instances.
Lastly, Trump is setting down a marker. If this isn't clear from the composition of his cabinet, and the fact that before Trump ever gets to negotiate with either Congress, or the American people, he first needs to compromise with his own cabinet, I'm not sure what poeple are seeing.
SO I guess I'm agreeing with a liberal talking point. Wealthier individuals and businesses tend to save tax cuts. Where I depart is when they maintain there is no increased economic activity attributable.
Back to tariffs, the most common argument is just plain dishonest. Fist the tariff is misrepresented as a broad based tariff, when this hasn't really been suggested. Second, discounted completely is that there are other sources for the tariffed product that are currently price comparable to the tariffed product in many instances.
Lastly, Trump is setting down a marker. If this isn't clear from the composition of his cabinet, and the fact that before Trump ever gets to negotiate with either Congress, or the American people, he first needs to compromise with his own cabinet, I'm not sure what poeple are seeing.
Posted on 1/25/17 at 3:21 pm to notsince98
quote:
cheaper health insurance
It's sad that you actually believe this.
Posted on 1/25/17 at 3:23 pm to RCDfan1950
quote:What is fair and who determines this but the consumer? I think a faster PC with more memory is a "fairer" price than a costlier and less powerful Apple, but others don't seem to think that.
for a fair product or service.
Posted on 1/25/17 at 3:29 pm to tigerpawl
quote:
On condition that you hold a gun to the CEO's head and force him to give it to the workers instead of lining his own pockets.
You should support the pass through tax cuts then. Those people actually do reinvest tehir money, including increasing employees wages. Large corporations just save money and increase share value. It is interesting how many large corporation's leadership tends to lean left.
Posted on 1/25/17 at 3:31 pm to tigerpawl
quote:Your post intimates fair markets, and fair international agreements. I assumes the sole differentiator to be manufacturing cost. That is not reality. Foreign tax and regulatory barriers weigh heavily.
My pocket book (and yours) will take a hit. Then that will put pressure on the minimum wage just to keep pace with the new higher prices. The knee bone is connected to the thigh bone, etc., etc. Unless you're one of the new (high paying) job holders, you'll be hard pressed to keep your head above water.
Amiright?
Posted on 1/25/17 at 3:36 pm to NC_Tigah
quote:So the implication is that trade taxes and regulations decrease the fairness of the market? Fair enough, and I support decreasing regulations HERE. But how does increasing taxes on the market make it fairer? It seems the governments are the true beneficiary of these things, and the citizens, for the most part, are those who don't get a fair deal.
Your post intimates fair markets, and fair international agreements. I assumes the sole differentiator to be manufacturing cost. That is not reality. Foreign tax and regulatory barriers weigh heavily.
Posted on 1/25/17 at 3:37 pm to NC_Tigah
I need a raise
Posted on 1/25/17 at 3:41 pm to buckeye_vol
quote:
Unless there is a substantial difference in quality, I'm not going to choose a costlier option, regardless of where it's made.
Me too. My wages have been stagnant, I don't have cash in my pocket so someone else can get a job. Higher prices for the same good are just a tax to me. If you want me to pay more for US built good, I am going to need more money from my employer.
In addition, it will take a pretty hefty tariff for goods to be price competitive, at least for a bunch of products - clothing and electronics.
This post was edited on 1/25/17 at 3:42 pm
Posted on 1/25/17 at 3:42 pm to Texas Weazel
quote:
The flaw in that is that it likely won't go into paying higher wages. Maybe it creates more room for investment and it creates a few more jobs. Or maybe they just pocket the savings.
The only way to drive higher wages is to have a full employment economy. Trump gets this. No CEO is going to arbitrarily give everyone 25% raises, why would they with 10% unemployment? The more American labor is needed the more those who are willing to work hard will make.
Posted on 1/25/17 at 3:44 pm to Hawkeye95
quote:Same here. And I have a newborn now. I'm probably selfish anyways, by I'm not going to support increasing my cost of living because someone else may now have a job, especially knowing that there are plenty of available jobs anyways.
Me too. My wages have been stagnant, I don't have cash in my pocket so someone else can get a job. Higher prices for the same good are just a tax to me. If you want me to pay more for US built good, I am going to need more money from my employer.
Posted on 1/25/17 at 3:46 pm to buckeye_vol
quote:It's a barrier compensation.
But how does increasing taxes on the market make it fairer?
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