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Thread: G.E. Profit Up Despite ‘Volatile’ Economy

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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by iliveonramen View Post
    Of course, all money. Representation should be based on voting not check writing.
    I'd suggest that representation without sufficient taxation is a problem

    so is a biased media

    freedom should allow anyone to spend as much as they want on political campaigns as long as it is disclosed

    if you don't then

    1) billionaire candidates have an advantage over mere millionaire or well off candidates

    2) candidates who cause major media figures to have warm tingling feelings will have a huge advantage in getting their message (or lack thereof ) out



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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by Wiseone View Post
    How is that question relating to what I said, at all? I was talking about this specific idea many people have about creating jobs, that tax cuts alone will result in jobs. I didn't say that I have a solution, or an alternate course of action. I was simply addressing that over simplistic solutions don't seem to work. Also, "who creates job" and "why aren't they" suggests you have a very simplistic view on the economy. Its not like one solution will work for every employer, or that every employer has the same reason for not hiring.
    See, I think your statement, whether or not you intended it to do so, highlights the belief that government creates jobs. That in my personal view is Bull. Government can pave the way by creating stability through policy, and legislation that paves the way toward long term stability, then you would get companies creating the jobs.

    I think your attempt to dismiss my question rather than give me what you think is also telling. So, I give it another go. Would you like to answer it now?

    j-mac
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    eh I think its impossible to cut money out of politics, it would be like cutting money out of life. Heck even to participate in politics as a candidate you need to make enough money to be able to afford that time away from work, and that's true going back to the Founding Fathers, even they were fairly wealthy men themselves and it was that wealth which allowed them to spend so much time not making money, and still live, while doing things like debating and writing documents. Someone who couldn't leave their source of income, couldn't be a founding father.

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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by cpwill View Post
    actually, the group you are looking for here is pension funds.
    Some of us moved those out of the US markets when GWB was elected to a second term. It was obvious to me that a crash was coming if we continued down the path he had us on.

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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by lpast View Post
    Lets get this straight...GE made 15billion in profit and not only didnt pay any US taxs at all they got a 300,000,000 tax credit and they didnt create a SINGLE JOB here.To repay the US taxpayer for our kindness they moved an entire division to china to create jobs for chinese.
    Now they see their profits SOAR 57% and they still havent created a single job.
    No jobs created here ???? That's funny, they just took applications here for 500 new jobs at Appliance Park for a new line of energy efficient washers and dryers.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by j-mac View Post
    See, I think your statement, whether or not you intended it to do so, highlights the belief that government creates jobs. That in my personal view is Bull. Government can pave the way by creating stability through policy, and legislation that paves the way toward long term stability, then you would get companies creating the jobs.

    I think your attempt to dismiss my question rather than give me what you think is also telling. So, I give it another go. Would you like to answer it now?

    j-mac
    I don't believe government creates jobs, and I agree they need to set the stage for economic growth, for personal liberties to be explored, and to allow for people to better themselves and their situation as a result of their own efforts.

    As to your question there's no answer, I can't say "X is who creates jobs" and "Y is why they aren't doing so." Its not that simple, the economy can't be summed up in two questions. I suppose the most specific answer I can give to that very vague and broad question is that businesses create most jobs, aside from public service. And why they aren't may be because they view an expansion of business wouldn't be profitable for that company, for example a manufacturer wouldn't manufacture more if didn't believe its additional product could be sold, and therefore won't hire more workers because they don't need to build anything more. Additionally they may want to expand in the US however a government policy makes the cost of business too high, or impractical. Or maybe they want to expand and there aren't enough potential employees with the skill set they require. Or maybe there are those with the skill sets the company needs, however due to the Cost of Living and Standard of Living in the US they may demand/require wages higher than those in other places, like China, may demand/require to survive.

    This is what I mean by complex, I can't answer the question to "why" because there is no single answer that applies to everyone or the whole economy.

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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by Gill View Post
    No jobs created here ???? That's funny, they just took applications here for 500 new jobs at Appliance Park for a new line of energy efficient washers and dryers.
    libs seem to think the only purpose of a corporation is to be a cash cow that the government milks to buy the votes of the taker class. That there are jobs, income taxes, dividend taxes, and other businesses supported by a company like GE matters not to the taker class



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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    I'd suggest that representation without sufficient taxation is a problem
    I would disagree. I'm of the opinion that voting in America is a right, not a privilage.

    so is a biased media
    I agree to an extent. I'm of the opinion that biased media is just providing what their viewers want.

    1) billionaire candidates have an advantage over mere millionaire or well off candidates
    You would have to limit campaign funding to whatever the government would provide as well as "X" amount of air time allocated to each canidate.

    2) candidates who cause major media figures to have warm tingling feelings will have a huge advantage in getting their message (or lack thereof ) out
    Of course, that is an issue. I would ask this, are the adds ran by PAC money more or less biased than any news source? Are the million or so people that watch only one news program or channel regiliously really trying to get the news or just validate their preconcieved notions?
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by TurtleDude View Post
    how is a company making a profit destroying the economy. Do you know who owns GE stock?
    I said destroying the country not the economy...they and others are sucking the life out of the US

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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by iliveonramen View Post
    I would disagree. I'm of the opinion that voting in America is a right, not a privilage.



    I agree to an extent. I'm of the opinion that biased media is just providing what their viewers want.



    You would have to limit campaign funding to whatever the government would provide as well as "X" amount of air time allocated to each canidate.



    Of course, that is an issue. I would ask this, are the adds ran by PAC money more or less biased than any news source? Are the million or so people that watch only one news program or channel regiliously really trying to get the news or just validate their preconcieved notions?
    Rights can be problems too

    I think its wrong that 10 people who are receiving welfare can vote up their welfare payments as much as they want from 3 guys who are paying net taxes.

    I want a tax system that prevents anyone from being able to increase the taxes on others without also paying a proportionately equal tax hike themselves



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