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Originally posted by dolphinfan
reply to post by The Sword
It is not a companies obligation to create jobs. It is a companies job to deliver share holder value. Ideally they have enough confidence in the future prospects of the economy to hire people as they pursue a growth strategy, but they are not obligated to do so.
Let me get a chalk board and draw it out for you. Revenue/profits does not equal jobs. It may, but it may not. A clear economic policy and some competence in the governance of international affairs creates economic stability which encourages firms to embark on growth strategies. We have an absence of both at the moment. In light of that the right corporate strategy is to hunker down and ride out the uncertainty. If a company has x people and is generating a healthy profit and sees organic growth which they deem sufficient, should they hire? Of course not.
Profits are up because inventories are low and firms have cut waste and streamlined operations to maintain profit margins (the same thing government should be doing).
Originally posted by ThirdEyeofHorus
reply to post by Reflection
There has to be a point where enough is enough and I think we are WAY past that point
Something an avid Marxist said as well. That is nothing but class warfare, which is a Marxist concept. When is enough enough? See that is just a relative statement. And relativity is Humanism which is remarkably similar to Marxism.
“There’s class warfare, all right,” Mr. Buffett said, “but it’s my class, the rich class, that’s making war, and we’re winning.”
Next trash the unionized firefighters. Let them know how you feel they are overpaid. Do law enforcement next.
Come on keep it coming!!!!!!
Originally posted by HaveAnotherOne
reply to post by shagula
Ditch the emotion and try thinking logically.
It would do you a world of good.
Originally posted by Sinnthia
How about this?
There is a large corporation that owns a very large manufacturing complex near my home.
After $190 Mil in tax subsidies, they let go of over 14,000 employees.
We share roads. Do you suppose my car presents the same wear and tear on the roads as their fleets of trucks?
We share natural resources. Do you suppose my home pollutes on the same level as this company?
I should inform you that an entire street of homes, behind the main complex, had to be demolished because the company could barely keep up with the lawsuit dismissals over the insane number of babies born with tumors to expectant mothers living in those homes.
Do you suppose that my home takes up as much time and attention for the police and fire as this entire business complex does?
How about just the employees. I never present a reason for thousands of people from other areas to drive down my roads, pollute my air, present potential accident/crimes/fire hazzards. This company does have thousands of employees that invade my neighborhood on a daily basis.
Now I have to pay more in taxes to support all the extra effort and equipment needed to maintain all these services because there is a far greater strain on them. Why should the company that is profiting quite well from the opportunities these services provide not pay their fair share?
Originally posted by HaveAnotherOne
How about this: Do you pay the same amount of taxes on gasoline and vehicle registration that the company trucks do? Of course you dont. Given that they pay more in taxes for using it more, perhaps YOU are driving on THEIR road, and not the other way around.
Do you pay the same amount the company does for use of the natural resources? No, you dont.
Are there routine crimes and fires happening at that business? If not, the cops and fire arent spending extra time there.
Are there stores, gas stations, coffee shops around the business? If so, its common sense to believe the employees of that company are spending money there and contributing to your towns sales tax revenue.
Originally posted by Sinnthia
You mean with my $190,000,000 subsidies that I get? How about you tell me exacty what fuel tax it is you believe they are paying on their subsidized transportation.
No, I actually have to pay my taxes.
You mean the cup of coffee someone might wait until they get almost all the way to work to buy? Perhaps you think they run out and spend crazy cash at our stores and restaraunts each lunch break? Then after work, instead of doing their shopping at a store close to home, you think they are flooding my stores? All that adds up to how much in salestax for the town? yeah, crazy money rolling in from imaginary purchases you think people are making. So much its impossible to count.
I pay 100% of my tax every year. They have gone years paying between 0% and negative numbers - those pesky subsidies I mentioned.