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

  1. #41
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by Wiseone View Post
    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.
    I agree with you here wiseone, and further would ask if you think right now, is the current administration setting this stage for economic growth? or inhibiting it?

    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.
    In addition to these factors, ofcourse there are others caused by government that breed uncertainty no? Such as over regulation, vagueness out of the administration on tax policy, and so on right?

    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.
    You're right, I should have been more clear in what I was looking for, sorry. I do know that when I was growing up, and watching my father run his business, bottom line considerations were made according to forecasting at least 3 years, and in most cases 5 years out. Business can't do that with this administration, because the policy is constantly changing coming out of Washington.

    j-mac
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    Alexis de Tocqueville

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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.
    Wow! Five hundred whole jobs! Well, the recession is over.

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

    Quote Originally Posted by TurtleDude View Post
    under any objective standard the rich pay too much and everyone else pays too little.
    That's because it's the rich who have most of the money, and they can afford it while the poor cannot.

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

    Quote Originally Posted by Frolicking Dinosaurs View Post
    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.
    ? you run a pension fund ? I thought you were retired?

    so instead you moved to... Europe?

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

    Quote Originally Posted by Texmex View Post
    Wow! Five hundred whole jobs! Well, the recession is over.
    not only five hundreds whole jobs, but they only cost $750,000 a piece!

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

    Quote Originally Posted by lpast View Post
    Nope the rich dont pay enough, they pay far less than half of what they did and some pay NOTHING...they need to pay far more and to stop their whining...no one believes them or listens to it anymore...its the little boy crying wolf in real life
    very few rich pay nothing

    Most of us in the top one percent pay an effective federal tax rate of over 30%

    if you want to prove otherwise by all means do so.

    and the effective federal rate was NEVER 60% as you claimed



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

    Quote Originally Posted by iliveonramen View Post
    Of course, which is part of the reason the founders were against a direct democracy and chose to insitute a more representative form of government. You propose going a step futher and limiting those that are represented.

    Of course, I would argue....the moment 70% of voters are on welfare there's major issues and maybe there needs to be some drastic change.



    Once again, I would ask this. A huge majority of Americans support a tax increase on the rich. How much have their taxes gone up? You make it seem as if the founders didn't ever consider this at all. I would argue they were elitists. When they spoke of protecting the "minority" a lot of times they meant the land owners and large plantation owners.
    as I noted, if you polled everyone with ALS or AIDS and asked them if they would support killing 1000 virgins if that would cure them of their fatal disease permanently I bet a vast majority would say yes

    that some want others to pay more taxes so those being polled don't have to really isn't all that intellectually compelling. I would love if us in the top few percent would be united but right now half of the rich encourage class warfare to buy the votes of people like you so people like you make those rich richer and more powerful



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

    Quote Originally Posted by Texmex View Post
    That's because it's the rich who have most of the money, and they can afford it while the poor cannot.
    complete BS

    if you have a TV or a cell phone you can afford a little tax

    and you miss the point

    IF YOU CANNOT AFFORD MORE TAXES maybe you won't be so eager to demand more GOVERNMENT spending if you actually might have to pay a few more dollars to pay for it

    saying 47% of the public cannot pay at least some income tax is a complete, total and utter lie

    and people like me pay way too much



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

    Quote Originally Posted by TurtleDude View Post
    complete BS

    if you have a TV or a cell phone you can afford a little tax
    If you have a TV or a cell phone one is paying a federal tax on their electric bill to power the things.

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

    Quote Originally Posted by cpwill View Post
    ? you run a pension fund ? I thought you were retired? so instead you moved to... Europe?
    I moved my pension funds to Europe (Britain) in 2004 and then to Asia after Tony Blair ran the Brits ship aground. My funds are still making money. That is my retirement funding and just because my government isn't ethical enough or smart enough to keep its financial institutions under wraps doesn't mean I am required to be stupid as well.

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