What is the proper role of government in the US? Topic

STOPPED THE BUSH DEPRESSION IN ITS TRACKS

THE WAR IN IRAQ ACCLOMPISHED NOTHING, EXCEPT STRENGTHEN IRAN
9/12/2011 5:26 PM
Posted by philogenemay on 9/12/2011 4:46:00 PM (view original):
And greeny, I would argue to eliminate all of the money we just give away to countries ( Billions to Pakistan comes to mind right away) every year, before I would argue against the military campaigns that have helped to dismantle Al-Qaeda, and made the world a safer place.

I like the fact that America has a sense of duty to help others, but when we are going farther and farther in debt, we really need to help ourselves before we can help others monetarily.
Yep, 18 billion to Pakistan since 2002.  But here is the interesting thing about foreign aid.  The majority of it gets paid to US companies to deliver support to said country.  Very little of that aid gets spent by Pakistan paid to Pakistani companies and people.  So really much of this money comes right back to America anyways.  Ofcourse much of it in the form of CEOs pay and bonuses and profit.  A small amount of the total actually goes to regular Americans working for the defense contractors and construction firms etc...
9/12/2011 7:17 PM
So the job creators are getting the money and employing Americans?  Sounds like a good deal to me.
9/13/2011 8:03 AM
CHUGS BEER
9/13/2011 8:25 AM
Like that's different than your normal morning routine, boxey.
9/13/2011 8:34 AM
FREE THE JOB CREATORS FROM THE SHACKLES OF 10 YEARS OF TAX CUTS AND RECORD PROFITS AND EXECUTIVE PAY AND BONUSES!

FREE THEM!

ALLOW THEM TO CREATE!
9/13/2011 9:19 AM
General Electric made a $5.1B profit in 2010 (some sources say $12B or even $14B, but let's use the smallest figure I found).  

GE paid nothing in taxes in 2010; in fact GE, got a $3.2B credit.

Unshackled as they are, GE must have created a lot of jobs, right?

Er, not quite.  Between 2007 and 2010 they let 32,000 employees go worldwide (including 22,000 Americans).

Is the solution a bigger tax credit?

www.usnews.com/news/blogs/rick-newman/2011/07/13/why-the-gops-job-creators-are-hard-to-find

http://news.yahoo.com/blogs/lookout/g-e-paid-no-taxes-5-1-billion-20110325-082417-878.html



9/13/2011 2:25 PM (edited)
Posted by crazystengel on 9/13/2011 2:25:00 PM (view original):
General Electric made a $5.1B profit in 2010 (some sources say $12B or even $14B, but let's use the smallest figure I found).  

GE paid nothing in taxes in 2010; in fact GE, got a $3.2B credit.

Unshackled as they are, GE must have created a lot of jobs, right?

Er, not quite.  Between 2007 and 2010 they let 32,000 employees go worldwide (including 22,000 Americans).

Is the solution a bigger tax credit?

www.usnews.com/news/blogs/rick-newman/2011/07/13/why-the-gops-job-creators-are-hard-to-find

http://news.yahoo.com/blogs/lookout/g-e-paid-no-taxes-5-1-billion-20110325-082417-878.html



Exactly Swampy, this is exactly the kind of crap that you can expect from companies that dont have any regulations put on them.

I bet you are going to come up with some bull$hit excuse for GE because you are a puppet for the elite.  I dont know why, you are probably not much different from me sociio-economically speaking that is.  Unless infact you are the CEO for GE, then I am sure you have some sort of well practiced bull$hit that you spew whenever anybody asks you about not paying tax, insane profits, and at the same time laying off or firing 32000 people.

Come on Swampy, defend GE.
9/13/2011 3:30 PM
I'm sure they had some employees, right?
9/13/2011 3:30 PM
Come on MikeT, you are going to defend GE here?  I always thought you were pro-American, not just pro-big-business.

So you are saying that if they can get away with it then they should?  What if you worked for GE and were one of the 22000 Americans that got laid off by them?  What would you say then?
9/13/2011 3:35 PM
I don't think companies should employ workers that they don't need.    If they didn't need those 32,000 people, they didn't need them. 
9/13/2011 3:39 PM

Essentially, it sounds to me, that many of you want to stop technology.  You want to pick up the phone and ask the operator to dial "Jimmy in Corncobb county" for you.  Technology eliminates jobs.   So does declining profits. 

If you want to do something about it, don't go use automated anything.   

9/13/2011 3:45 PM
DECLINING PROFITS?
9/13/2011 3:47 PM
No excuses for GE - they did the right thing.

Until America realizes that a GLOBAL labor market exists we will continue to lose domestic jobs to acquire highly skilled and less expensive foreign employment.


As far as taxes go..... Fair Tax = No Loopholes, No Lobbyists. Incentivises Foreign Investment in the US.
9/13/2011 4:10 PM
Posted by MikeT23 on 9/13/2011 3:39:00 PM (view original):
I don't think companies should employ workers that they don't need.    If they didn't need those 32,000 people, they didn't need them. 
so true!!!

I hear people all the time saying that eliminating the CEO of BofA's salary would pay for the 30,000 jobs they are cutting..... what these idiots don't realize is that these jobs being cut are from 'redundant' departments from past mergers/etc and unprofitable branch closures. Why the heck would BofA pay to keep redundancies and to keep unprofitable branches afloat? Thats a losing business plan.
9/13/2011 4:15 PM
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