It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
defcon5
To be honest, it [corporate lobbying] needs to be relabeled to exactly what it is, bribery, and made illegal. How do we go about doing that? Get the supreme court ruling overturned for one thing.
ColCurious
reply to post by TheRegal
It does work on the planet I live on... if it's applied also for honest, small/medium-sized firms, owned and passed down through families, instead of solely for huge corporations that know no responsibilities.
TheRegal
ColCurious
reply to post by Rezlooper
OR...
reduce corporate tax rates and abolish VAT for basic goods = more people can be employed, get payed better AND can actually afford the goods they need for their money = create real aggregate demand AND a higher average QoL in the process.
What the hell planet do you live on?
This has been tried over and over again. Giving corporate tax breaks does NOT increase their employment rates. They just shove more money in their own pockets and continue employing the same amount of people.
Take a step into reality.
Your suggestion is about 20 years out of date.
"Trickle down" economics is bullsh%&! at best. It doesn't work.edit on 25-12-2013 by TheRegal because: (no reason given)
defcon5
Just on kind of a side note.
I recently read somewhere that if the minimum wage had kept pace with inflation since the 70's, it would now be around $40k/year. Funny that the average American now makes about $40k/year. So through money manipulation, and through passing unfair laws, the average American is now making the 1970's equivalent of minimum wage.
For years there was a conspiracy theory that some were out to drop the US standard of living because Americans were tearing through the planets resources at a break-neck pace. I have to wonder now if there is any truth to all that. If we all were making more, we would be consuming more. We'd have a golden age, for a short time, followed by a quick return back to the dark ages after the ride was over and the resources gone.
cloaked4u
reply to post by Rezlooper
I think u are on to something here. We all should pitch in and be a team member and take alot less so that in the end the buisnesses can charge less for products. They are family and part of the team. We trust u, this is great.
This could be the case. As the population increases the consumption of resources is going to increase anyways. A breaking point is most likely inevitable unless humanity takes a cold hard look in the mirror. Most people will not do this unless they are faced with adversity.
defcon5
For years there was a conspiracy theory that some were out to drop the US standard of living because Americans were tearing through the planets resources at a break-neck pace. I have to wonder now if there is any truth to all that. If we all were making more, we would be consuming more. We'd have a golden age, for a short time, followed by a quick return back to the dark ages after the ride was over and the resources gone.
in the OP is TRILLIONS of dollars off, with a "T" due to unlimited QE...
The Fed prints $35 billion every year that they continue to pump into the market so that the economy doesn’t collapse.
defcon5
For years there was a conspiracy theory that some were out to drop the US standard of living because Americans were tearing through the planets resources at a break-neck pace. I have to wonder now if there is any truth to all that. If we all were making more, we would be consuming more. We'd have a golden age, for a short time, followed by a quick return back to the dark ages after the ride was over and the resources gone.