reply to post by JaxonRoberts
While I don't claim to be a Republican or Conservative as people like to label them, I do hold specific values that could fall into either of those
I think there's some large misunderstandings about the situation you're referring to here...
Corporate profits are not just profits for a few.
This is not true. Corporate profits ARE just for the few, that is why they are called "share"-holders. They own a share of the business, not you and
the rest of the American public. That is why THEY are entitled to dividends and profits, not us. If you want a piece of that profit, then you need to
invest. It isn't that they are keeping their profits and money, it's that for most corporations, there are less investors (people are broke), and
therefore, less shareholders, which in turn means less money being paid out. Even though profits are high for oil corporations, that does not
translate to them "holding out" on everyone. Obamacare means that they aren't as willing to waste money on R&D and expand the business since there is
a lot of uncertainty, so that does effect employment, but not dividends. Shareholders get paid, period.
Corporations in this country cannot compete in the world market because we have the highest corporate tax rate in the world. When corporations
pay the highest tax, they have to go to the lowest labor market. Ie, China and Mexico. Corporations are making jobs everywhere but here. It's just
that people want to start entry level jobs at 50K a year without any experience or education. Have you seen why American jobs are going overseas? It
is because our blue collar workers can't spell, write, or even do basic math which is important in todays industries.
This is also not entirely true and you should back this up with some source of information to show proof of the claim. America has some of the most
intelligent people in the world, in fact, it's one of the few assets we have left. Not everyone wants to start jobs at 50K a year because they feel
entitled to, but because they can't survive in the economy today for less, regardless of education. The corporations go overseas for a simple reason -
MORE MONEY. The most basic premise of a business is to lower costs, increase profits and revenues and reduce the bottom line. The people who run these
corporations don't care HOW they do it, but they are required to as part of their job. Tax rates are a problem, yes, but not the sole cause of
companies going outside of the US. They go outside because it costs them less, and therefore, they can increase profits, which is the goal. The tax
rate could be 90% and they would still do business here if it was more profitable in other ways. Not EVERY corporation behaves this way, but most do.
Don't forget, there are still a LOT of businesses that come here from outside of America to do business here, so what is their reasoning if they can
have lower labor costs and lower taxes elsewhere?
The rest of your post is pretty accurate, but I think the bigger point is being missed....
The real uncertainty and economic problems are because of inflation and deflation. That is why the rich get richer and the poor get poorer, and it's
controlled by bankers, not the corporations which are mostly at the mercy of the banks themselves. Where do corporations borrow money from? Where do
their profits go at the end of the day? Where does Wal-Mart and Chevron PUT their money? That's right... in a BANK!
So if I'm the bank (hypothetically)... today, I charge you $1.00 for a gallon of gas for every $100 billion dollars in circulation. At the end of the
day, Chevron is giving me (the bank) all of their dollars where people are paying $1.00 a gallon. As the bank, I print more money... so now, instead
of there being $100 billion in circulation, there is $300 billion. What does that do to the dollars you are holding? Simple economics... there are
MORE of them, therefore, your dollar is less "rare" and worth less because more dollars are easier to find. Now gas is $3.00 a gallon, even though the
supply and demand of gas has not changed. At the end of the day, Chevron is now giving me (the bank) 3 times the number of dollars then just a few
days before. As the bank, I stop printing money, and start keeping the money out of circulation, AFTER I've collected 3 times the dollars. With less
dollars in circulation, the dollars become worth MORE again, so with less in circulation, gas goes back to $1.00 a gallon. But guess what... I've
taken 3 times the dollars for the same exact thing that I was selling you a few days ago, and now I am holding dollars that are worth MORE AND I HAVE
MORE OF THEM!!!
See how that works? That's the real problem... fix that, and everything else will fall into place. Until then, we are being played just as bad as the
Just my $.02.
edit on 7-4-2012 by SonOfTheLawOfOne because: (no reason given)