“Soros, Buffet and other hedge fund money traders create very little jobs and no durable goods but make a lot of money.”
Waitaminute… are you saying that millionaires and billionaires DON’T create a lot of jobs? Since 98% of small businesses do not fall in the top 2% of income earners, and small businesses create the majority of jobs… and we were told that everyone’s taxes needed to be extended for the sake of job creation, this is surprising news! *
“No, they will start hiring when they can start making long term plans. ”
~12 years isn’t enough, obviously. But we will see a surge of jobs created January 2, 2011 (because no one’s making jobs on New Years’) because of the new tax cuts and corporate expense giveaways. *
harleyquinn: I don’t think you can deny that if there were enough demand (i.e., enough of us in the working class with some money to spend), the investor class, with their masses of cash, would be hiring as fast as they can to serve the need - that’s regardless of the long-range prospects for taxes, and regardless of who labels them “evil”.
I laugh when I hear people talk about business’ ‘long-term planning’.
Do you mean the the long-term planning to make the quarterly balance sheet look good against all other costs? That’s the only thinking I’ve seen for the past decade+.
I dare you to show me an industry, or just a single company, that is planning anything past the next two years- 5, 10, 100(!) years down he line?
There is no company making a 100 yr plan to manufacture anything in the US.
baslimthebegger … that’s how voodoo … erp … I mean Reaganomics works. There never was any “trickle down” effect. The rich are just richer and the disparity between rich and poor has been never larger. Give it another decade or so and maybe the Middle Class will finally figure it out, tax cuts to the rich don’t work!
“Give it another decade or so and maybe the Middle Class will finally figure it out, tax cuts to the rich don’t work!”
Sure they do! I mean, they already pay lower taxes percentage-wise than the middle-class as it is, so they serve their purpose. Once you realize it’s not meant to stimulate the economy, the sooner you’ll realize they just work. *
When there are a hundred guys willing to do your job for less, you might get more productive, or the company can be picky about your replacement. As long as unemployment isn’t bad enough to effect spending, it’s good for corporations. Just watch their stocks rise when they fire people.
Toles to what started happening way back “mid-Bush” with the tax breaks, and WHERE did Meg Whitman dip into to run her campaign??? The mentality of the right is trapped in a garbage bag, has 83 knives, and still can’t cut their way out of blind outrage. They also cast blame, but won’t confess the real answer is in their mirrors.
^ It may not be true across the board 100% (most things aren’t), but it’s been reported that record bonuses and corporate profits are very high this year. The “big dogs” aren’t cash strapped.
pbarnrob over 13 years ago
Problem is, you can’t even make a decent salad out of those greenbacks.
It’s just paper. Paper blessed by the government, true, but just paper. That’s the scoop from The Android Sisters.
Kosher71 over 13 years ago
Ah . Sweet , sweet , blessed paper .
Plods with ...™ over 13 years ago
Found it….
Christopher Shea over 13 years ago
You want to end uncertainty over health care reform? Tell the Republicans to stop trying to refight the last two years.
Simon_Jester over 13 years ago
Notice how pavlov pointedly leaves out the names of any Republicans who create no jobs or durable goods?
That’s because he doesn’t really care about that, none of the Repubs care about anything but bashing the Dems
Coz ain’t this a hoot, Orkie? Hyuck, hyuck, hyuck!
Jaedabee Premium Member over 13 years ago
“Soros, Buffet and other hedge fund money traders create very little jobs and no durable goods but make a lot of money.”
Waitaminute… are you saying that millionaires and billionaires DON’T create a lot of jobs? Since 98% of small businesses do not fall in the top 2% of income earners, and small businesses create the majority of jobs… and we were told that everyone’s taxes needed to be extended for the sake of job creation, this is surprising news! *“No, they will start hiring when they can start making long term plans. ”
~12 years isn’t enough, obviously. But we will see a surge of jobs created January 2, 2011 (because no one’s making jobs on New Years’) because of the new tax cuts and corporate expense giveaways. *RunninOnEmpty over 13 years ago
harleyquinn: I don’t think you can deny that if there were enough demand (i.e., enough of us in the working class with some money to spend), the investor class, with their masses of cash, would be hiring as fast as they can to serve the need - that’s regardless of the long-range prospects for taxes, and regardless of who labels them “evil”.
AdmNaismith over 13 years ago
I laugh when I hear people talk about business’ ‘long-term planning’. Do you mean the the long-term planning to make the quarterly balance sheet look good against all other costs? That’s the only thinking I’ve seen for the past decade+.
I dare you to show me an industry, or just a single company, that is planning anything past the next two years- 5, 10, 100(!) years down he line? There is no company making a 100 yr plan to manufacture anything in the US.
ssejhill over 13 years ago
baslimthebegger … that’s how voodoo … erp … I mean Reaganomics works. There never was any “trickle down” effect. The rich are just richer and the disparity between rich and poor has been never larger. Give it another decade or so and maybe the Middle Class will finally figure it out, tax cuts to the rich don’t work!
Jaedabee Premium Member over 13 years ago
“Give it another decade or so and maybe the Middle Class will finally figure it out, tax cuts to the rich don’t work!”
Sure they do! I mean, they already pay lower taxes percentage-wise than the middle-class as it is, so they serve their purpose. Once you realize it’s not meant to stimulate the economy, the sooner you’ll realize they just work. *Justice22 over 13 years ago
^ Amen! Healthcare expense is one of the greatest expenses to industry and one of the biggest reasons given for outsourcing jobs.
ChukLitl Premium Member over 13 years ago
When there are a hundred guys willing to do your job for less, you might get more productive, or the company can be picky about your replacement. As long as unemployment isn’t bad enough to effect spending, it’s good for corporations. Just watch their stocks rise when they fire people.
Jaedabee Premium Member over 13 years ago
^ We’ve been watching.
Dtroutma over 13 years ago
Toles to what started happening way back “mid-Bush” with the tax breaks, and WHERE did Meg Whitman dip into to run her campaign??? The mentality of the right is trapped in a garbage bag, has 83 knives, and still can’t cut their way out of blind outrage. They also cast blame, but won’t confess the real answer is in their mirrors.
Jaedabee Premium Member over 13 years ago
^ It may not be true across the board 100% (most things aren’t), but it’s been reported that record bonuses and corporate profits are very high this year. The “big dogs” aren’t cash strapped.
rockngolfer over 13 years ago
^ The plan of the Republicans is to destroy Obama, at any cost. If it destroys the country, collateral damage?
runar over 13 years ago
“i know because I work for a Corporation”
Well, then, paying taxes makes me an expert on government finance. Can you also see Russia from your house?