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pwb

(11,234 posts)
Sat Aug 18, 2012, 06:34 PM Aug 2012

The so called job creators sure have let us down for the last ten years.

Tax rates have been low for ten years and the only increase has been in profits and the stock market, no jobs. So how does doing the same thing create jobs again?. Elect Romney the job eliminator?.. That is the republic logic. WTF.
Never mind the republics created homeland security, prescription drugs for seniors, two wars that were not paid for, knowing it would starve social programs in the future and they could claim it is time to restrain spending, after they sabotaged our country with tax cuts and crazy credit card debt, they expect us to buy all this crap..

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zbdent

(35,392 posts)
1. They got their tax cuts on the promise that they would create jobs ...
Sat Aug 18, 2012, 06:36 PM
Aug 2012

seems like someone lied ...

SDjack

(1,448 posts)
2. The "Job Creators" still will not answer the basic question:
Sat Aug 18, 2012, 06:45 PM
Aug 2012

How much do we have to give them to create a job?

 

jody

(26,624 posts)
3. Money flows to the greatest return. That's why GM and others used their bailout money to invest in
Sat Aug 18, 2012, 07:06 PM
Aug 2012

other countries.

Not to worry because GM has only cost taxpayers some $25 billion so far and helped reduce unemployment offshore.

Government is effective in distributing profits from the production of products and services but not very efficient in producing profits from those endeavors in all cases.

 

mick063

(2,424 posts)
4. Can we take back Friedman's nobel prize?
Sat Aug 18, 2012, 07:13 PM
Aug 2012

Can we bring Reagan back down from deity status?

This "trickle down" argument has been in place for 30+ years.

Now there is talk of a capital strike. There are corporations making large profits and hanging on to their money. The GOP is claiming it is about fear of our President being reelected. I claim it is about corporate America putting their collective thumbs on us to squash us like a bug.

Ronny never told us about that part of the trickle down "deal". He just had us assume that "trickle down" would inherently happen without a hitch.

It appears that not only do they have to acquire vast amounts of money to enable them to "trickle it down", but they also must be appeased in every way imaginable to be coaxed into doing it. I will say that they have created many jobs in the negative advertising category. They have provided many job opportunities for ex-Congressman to work as influence peddlers. They certainly have helped grow our import infrastructure. High end jewelers are probably thrilled as well.

I think, however, I will call "trickle down" by a different name as demonstrated by Bain. It is really a "beat down".

 

jody

(26,624 posts)
5. "making large profits and hanging on to their money"! If you had large profits would you invest it
Sat Aug 18, 2012, 07:28 PM
Aug 2012

expecting a return on your investment?

If you have any savings do you expect a return on your investment?

 

mick063

(2,424 posts)
6. That isn't the point.
Sat Aug 18, 2012, 07:36 PM
Aug 2012

Ronny promised us that all that needed to happen was for the wealthy to become even wealthier to create a robust, job producing economy.

In a way, you prove the point that "trickle down" is a sham. In your own words, "trickle down" is very conditional. You can't just blindly give money to the rich and expect them to create jobs. They need a return on their investment.

So what about the "investment" tax payers have invested in them? The investment in infrastructure. The investment in tax breaks. The investment in subsidies.

This is the "deal" that Ronny made with us. Just give them the combination to the vault and everything will take care of itself.

 

jody

(26,624 posts)
7. "That isn't the point" but I quoted you. Don't you read and understand what you wrote?
Sat Aug 18, 2012, 08:01 PM
Aug 2012

Do you really believe someone has billions or trillions just setting around un-invested?

Come on get real and don't sidetrack your argument with "The investment in infrastructure."

That deserves several threads alone independent of "trickle down" and your "un-invested profits" issue.

 

mick063

(2,424 posts)
9. Let's not get sidetracked
Sat Aug 18, 2012, 08:49 PM
Aug 2012



Not someone.

Wait....I forgot that corporations are "people".

But by my definition, a multitude of people with a cumulative effect.

They got their tax cuts. They got their subsidies. They got their bailout. They got their "free trade" agreement. They got their stranglehold on Congress. They got their neutered labor unions. They got their unlimited political contributions. They got their propaganda "news" network.

Let's cut em a break. Let's give them a bigger tax cut. Let's have young adults "borrow from their parents" to get a quality education and give that federal money to those "job creators" instead. Those job creators that can't do anything without an expected profit margin in return.

See.....I know where the billions and trillions are going and it isn't in to jobs. It is going in to the unregulated casino called hedge funds.

Here is where our money went:



And this is how much:

http://www.zerohedge.com/news/707568901000000-how-and-why-banks-increased-total-outstanding-derivatives-record-107-trillion-6

There......I just accounted for 700 trillion dollars (ten times the world gross domestic product).

Indeed, I actually do believe there is someone that has billions or trillions uninvested.....in American jobs.







 

jody

(26,624 posts)
10. OK we agree that international corporations, many based in the US, have " billions or trillions
Sat Aug 18, 2012, 09:41 PM
Aug 2012

uninvested.....in American jobs." and I add they use the US Foreign Legion Commanded by their elected/appointed/anointed president to protect corporatist assets worldwide and his Secretaries of State and Commerce to diplomatically twist the arms of lesser nations and make them submit to corporatist schemes.

See, I knew there must be a point or two on which we could agree.

Benito Mussolini adopted the following from an associate and it seems as appropriate today as in the 1920s "Fascism should more appropriately be called Corporatism because it is a merger of State and corporate power."

SilveryMoon

(121 posts)
8. Job creators did create jobs!
Sat Aug 18, 2012, 08:04 PM
Aug 2012

They just did it overseas where they could get away with paying 1 dollar a day, no overtime, no benefits, no safe working environments, no 40 hour work week, no unions, no child labor laws, no vacations, no government regulations to insure they don't pollute the environment and little to no taxes.

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