Evil corporations sit on $trillions while millions remain unemployed!

[CrusaderFrank]

I'm still waiting to hear liberals tell me exactly what the working class is supposed to do to make a living after they teach those evil corporations a lesson.

Work. Because they are the working class.
But we need decent wages, you know. Something that will let me pay rent, bills, transportation, clothing, etc. (while having some money left over to be put into savings and for a bit of fun)

I would have no problem working 40 hours a week if I got a wage that could cover this.
But my employer keeps me part time because of their budget. :/

Part time because Obamacare punishes them for bringing you on FullTime

 

[editec]

The very fact that you call it "corporate America" indicates that you don't know what the hell is going on.

 

[Stephanie]

Business tends to sit on cash when things are uncertain the Obama administration has increased rules and regulations on businesses in a major way there is big time uncertainty with the implementation of Obamacare which has increased with the employer mandate being pushed back a year. Now while the employer mandate will not effect huge corporations it does play into the overall uncertainty that is going on in the business community.

There are no more rules and regulations now, than there was during the Clinton Administration when we had 8 record years of growth.

really?

Under Obama, 11,327 Pages of Federal Regulations Added - See more at: Under Obama, 11,327 Pages of Federal Regulations Added | CNS News

 

[Skull Pilot]

Fund science, tech and infrastructure

The goal should be for corporation to innovate and grow jobs, but also for the government to invest into infrastructure + R @ D. Anyone that wants a pure capitalist or socialist system doesn't know what they're talking about.

I think going after personal wealth=ok
Going after corporation=bad

As corporations use that money to hire people and expand. Maybe the democrats aren't totally wrong with raising taxes on people making more then 500k per year??? It isn't so good to expect people making less then 30k per year as we generally want them to increase their wealth to go from the lower to middle classes.

Don't corporations use the same services that we do?

They most likely pay more for those services than you do.

And they pay taxes you don't

 

[blackhawk]

Business tends to sit on cash when things are uncertain the Obama administration has increased rules and regulations on businesses in a major way there is big time uncertainty with the implementation of Obamacare which has increased with the employer mandate being pushed back a year. Now while the employer mandate will not effect huge corporations it does play into the overall uncertainty that is going on in the business community.

There are no more rules and regulations now, than there was during the Clinton Administration when we had 8 record years of growth.

Yes there are to try and deny that is just silly.

 

[Stephanie]

Business tends to sit on cash when things are uncertain the Obama administration has increased rules and regulations on businesses in a major way there is big time uncertainty with the implementation of Obamacare which has increased with the employer mandate being pushed back a year. Now while the employer mandate will not effect huge corporations it does play into the overall uncertainty that is going on in the business community.

There are no more rules and regulations now, than there was during the Clinton Administration when we had 8 record years of growth.

Yes there are to try and deny that is just silly.

it was dumb to even think it...sheesh

 

[CrusaderFrank]

Meanwhile, Obamacare prevents any hiring, because insurance premiums are set to double....

Of which 100% is subsidized.

Who the fuck you think subsidizes it?

 

[CrusaderFrank]

Fund science, tech and infrastructure

The goal should be for corporation to innovate and grow jobs, but also for the government to invest into infrastructure + R @ D. Anyone that wants a pure capitalist or socialist system doesn't know what they're talking about.

I think going after personal wealth=ok
Going after corporation=bad

As corporations use that money to hire people and expand. Maybe the democrats aren't totally wrong with raising taxes on people making more then 500k per year??? It isn't so good to expect people making less then 30k per year as we generally want them to increase their wealth to go from the lower to middle classes.

Don't corporations use the same services that we do?

You didn't build that!

Also, you're a retread.

 

[Wyatt earp]

Jeebus the BS you hater dupes believe. EFFECTIVE corporate tax rate is 12%. But thamks for the depression and mindless obstruction and fear mongering...

The poverty rate in the greatest Country in the world is higher than most middle classes in Europe. France is the only country in the world where workers live in poverty but they think they are rich.

What planet do you live on? France has an $11 min wage, a 6 week vacation after a year of work, the #1 health system and quality of life, free day care, and we have the worst rich/poor gap and upward mobility in the modern world, after 30 years of Reaganism, shyttehead. See sig. Pubs suq, and you're an idiot hater dupe LOL!

your werid france has like a official 10.5% unemployment rate where by next door in Germany it is around 5%....

 

[Sallow]

Business tends to sit on cash when things are uncertain the Obama administration has increased rules and regulations on businesses in a major way there is big time uncertainty with the implementation of Obamacare which has increased with the employer mandate being pushed back a year. Now while the employer mandate will not effect huge corporations it does play into the overall uncertainty that is going on in the business community.

There are no more rules and regulations now, than there was during the Clinton Administration when we had 8 record years of growth.

Yes there are to try and deny that is just silly.

Actually..no there aren't.

The Financial industry isn't dealing with Glass-Steagall any longer. I would trade Dodd-Frank for that.

 

[DiamondDave]

The poverty rate in the greatest Country in the world is higher than most middle classes in Europe. France is the only country in the world where workers live in poverty but they think they are rich.

What planet do you live on? France has an $11 min wage, a 6 week vacation after a year of work, the #1 health system and quality of life, free day care, and we have the worst rich/poor gap and upward mobility in the modern world, after 30 years of Reaganism, shyttehead. See sig. Pubs suq, and you're an idiot hater dupe LOL!

your werid france has like a official 10.5% unemployment rate where by next door in Germany it is around 5%....

Gotta love their insistence that it is all 'free' too.. like the tax rates are not high.. that progress is stifled because when you don't get the reward for your efforts, you try less.. and not to mention the bogus 'ratings' on 'health care' that ones like francotroll love to throw around

France is a great example of equalized CRAP

 

[healthmyths]

Actually, if corporate America is sitting on money that they could invest or spend wisely to make money and create jobs then others would see the opportunity too and make the money themselves. This is the exact nature of capitalism.

The reality, however, is that globalization and Obama's idiotic anti-business liberal policies have left far fewer domestic opportunities for American corporations.

They were sitting on the money when George W. Bush was president. This is the way the economy looked after eight years of Bush, who had a Republican Congress for six of those years:

"On every major measurement, the Census Bureau report shows that the country lost ground during Bush's two terms. While Bush was in office, the median household income declined, poverty increased, childhood poverty increased even more, and the number of Americans without health insurance spiked. By contrast, the country's condition improved on each of those measures during Bill Clinton's two terms, often substantially."
Closing The Book On The Bush Legacy - Ronald Brownstein - The Atlantic

AND NOT ONE MENTION in Brownstein a renowned liberal Democrat who donates thousands ) article about THESE CATACLYSMIC events!

DID THIS HAPPEN??
1) Dot.com bust cost $5 trillion in lost market value.. this means every year for 30 years now starting in 2000 the federal revenue is over $20 billion written off against taxes owed.
How many people LOST jobs due to the bust??
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 -
and hundreds of thousands of skilled technology workers were out of jobs.
The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs

DID THIS HAPPEN??
2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $8 billion will NOT BE PAiD.. was that Bush's fault?
Jobs lost in New York owing to the attacks: 146,100 JUST in New York!!
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone.
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
The Top 10 Financial Events of the Decade

DID THIS HAPPEN??
3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed. Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing. The effect on oil and gasoline prices was long-lasting.

400,000 jobs due to Hurricanes Katrina/Rita
145,000 jobs in NYC alone due to 9/11
300,000 jobs lost due to dot.com busts.

Almost 1 million jobs alone from those 3 events

All of this while having almost $60 billion a year in tax revenue due to the above losses !

FACT! The HIGHEST gross REVENUE to the Federal Government in HISTORY.. 2007 2,567,985,000 Revenues ; Expenses:$2,728,686,000 -160,701 deficit decline
Historical Tables | The White House

• Year Receipts Outlays Surplus or Deficit (&#8211
• 2000 2,025,191 1,788,950 236,241
• 2001 1,991,082 1,862,846 128,236 Dot.com Bust, 9/11, Recession
• 2002 1,853,136 2,010,894 -157,758
• 2003 1,782,314 2,159,899 -377,585 tax cuts took affect worst hurricanes SEASONS in history
• 2004 1,880,114 2,292,841 -412,727 biggest deficit..,, worst hurricanes SEASONS in history
• 2005 2,153,611 2,471,957 -318,346 deficit decline,,worst hurricanes SEASONS in history
• 2006 2,406,869 2,655,050 -248,181 deficit decline,,worst hurricanes SEASONS in history
• 2007 2,567,985 2,728,686 -160,701 deficit decline
• 2008 2,523,991 2,982,544 -458,553 housing bubble
• 2009 2,104,989 3,517,677 -1,412,688 TARP,Stimulus
• 2010 2,162,706 3,457,079 -1,294,373 This doesn't look like $600 billion deficit???
• 2011 2,303,466 3,603,059 -1,299,593 This doesn't look like $600 billion deficit???
• 2012 2,450,164 3,537,127 -1,086,963 This doesn't look like $600 billion deficit???
• 2013 2,712,045 3,684,947 -972,902 estimate
• 2014 3,033,618 3,777,807 -744,189 estimate
• 2015 3,331,685 3,908,157 -576,472 estimate
• 2016 3,561,451 4,089,836 -528,385 estimate
• 2017 3,760,542 4,247,448 -486,906 estimate
• 2018 3,973,974 4,449,240 -475,266 estimate

Gross Domestic Product Largest in history!!
When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
A 16% increase in GDP or $2 TRILLION.

Bush growth of the GDP was greater then Clinton in 2005 GDP grew at 6.5% Clinton's best:6.4%
Measuring Worth - Measures of worth, inflation rates, saving calculator, relative value, worth of a dollar, worth of a pound, purchasing power, gold prices, GDP, history of wages, average wage


SO where is your retort to THESE FACTS???
NONE of which were mentioned in Brownstein's article!! NONE!
NO MENTION that nearly 1 millon jobs LOST due to dot.com/9/11/hurricanes!
NOT ONE MENTION.. that the RECESSION Started by the dot.com bubble busting !
NOT ONE MENTION the 18,000 small BUSINESSES destroyed in 9/11 NOT ONE MENTION!
NOT ONE MENTION of the worst SEASONS of hurricanes that cost $1 trillion damages.. NOT ONE MENTION!

And in spite of these events...THE HIGHEST revenue to Federal Govt. in history!
The GDP grew 16% in spite of nearly $8 trillion in losses! Nearly 1 million jobs.. Nearly 5,000 people killed! NOT ONE MENTION!

 

[Mr. H.]

What clearer picture do folks need?

THIS is why corporations are not risking their capital, rather than having it earn dividends on Wall Street.

And it began with the Obama administration.

 

[Stephanie]

who would invest under this man when he wails against the wealthy, tells businesses they didn't build that, call's 250,000 WEALTHY and wanted to tax them too, etc etc

I wouldn't either..you all can THANK Obama for this mess..no more Bush's fault...it's been a long FIVE YEARS since Boooooooooooooooooooooooooooooooooooooooooooosh

 

[deaddogseye]

The simple fact is that business - on the whole, there are exceptions -- doesnt like Barack Obama and his policies. They are not going to extend themselves and take risk - like more hiring when they run the risk that the other shoe will be dropped on them by Obama the first chance he gets. So Obama's precious middle class suffers as a result. Thats one of the great ironies of his presidency -- he touts his supports of the middle class but they are the ones who bear the brunt of his policies. But its always that way because capital / money is undefeated.

Also im always amised when obama or that dope valerie jarrett (and she really is just clueless) complain how business should invest and hire and its their patriotic duty to do so. No its not. Its a naive and dumb argument and it aint gonna happen.

Bottom line -- the country needs a "jobs" president and its got a "welfare" president.

 

[Stephanie]

The simple fact is that business - on the whole, there are exceptions -- doesnt like Barack Obama and his policies. They are not going to extend themselves and take risk - like more hiring when they run the risk that the other shoe will be dropped on them by Obama the first chance he gets. So Obama's precious middle class suffers as a result. Thats one of the great ironies of his presidency -- he touts his supports of the middle class but they are the ones who bear the brunt of his policies. But its always that way because capital / money is undefeated.

Also im always amised when obama or that dope valerie jarrett (and she really is just clueless) complain how business should invest and hire and its their patriotic duty to do so. No its not. Its a naive and dumb argument and it aint gonna happen.

Bottom line -- the country needs a "jobs" president and its got a "welfare" president.

nailed it...

 

[Billo_Really]

Also im always amised when obama or that dope valerie jarrett (and she really is just clueless) complain how business should invest and hire and its their patriotic duty to do so. No its not. Its a naive and dumb argument and it aint gonna happen.

That's right!

So why defend something that clearly has no allegience to this country?

 

[Billo_Really]

who would invest under this man when he wails against the wealthy, tells businesses they didn't build that...

Still trying to sell that same lie by taking what he said out of context?

No, businesses did not build the roads to their company's.

 

[Stephanie]

who would invest under this man when he wails against the wealthy, tells businesses they didn't build that...

Still trying to sell that same lie by taking what he said out of context?

No, businesses did not build the roads to their company's.

taken out context...lol..for sure nobody can ever understand what Obama meant but you I guess

still pushing your assumption of what he was saying..good grief

 

[Skull Pilot]

No private business has an obligation to spend its money.

Period.