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Thread: Census shows 1 in 2 people are poor or low-income

  1. #351
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by KevinKohler View Post
    So many of you view the shipping of jobs elsewhere as if it were a choice, for many employers.


    Let me break this down for you. This is a little truism that ANYONE who has every owned a business either already knew, or learned the hard way, at some point. "You're either growing, or you're dying." In the case of globalism, everyone ELSE is growing, RAPIDLY. India, China, most of Asia, actually....why? Because they have the single greatest resource a business NEEDS...cheap labor. I'm sorry, but we FORCED many manufacturers out of the country, when we decided that assembly line workers required 25+ an hour to do the jobs that many a monkey could handle, just fine. Look at GM. No sooner do they get out from under the crappy labor union contracts and stifling pensions, etc...and baby, they are BACK in business. I call that pretty solid evidence. But I'm wasting my time here, because none of you are going to present a rational counter argument that doesn't rely almost solely on emotional responses (the poor, but raped middle class!!! ), and most of you already know where you stand, and nothing, NOTHING, is going to sway you, no matter what sort of proof or evidence could be tossed into your faces.
    Lets expand on your truism a little and put things in proper prospective the Chinese are not living up to the trade agreements that allow them to export items from China to America, the Chinese government sudsidises Chinese companies keeping them competitive, China manipulates currency,Imports from China see a 2 to 3% tariff while American exports to China see a 30 to 40% tariff. American taxpayers subsidize the move of American companies to China.

    Policy Solutions to Shipping Jobs Overseas

    Remove Incentives to Ship Jobs Overseas
    Taxes: Current law allows companies to defer paying taxes on their overseas income indefinitely while deducting many of the expenses associated with moving offshore – this provides a double subsidy to U.S. companies that ship work overseas, effectively penalizing those companies that keep jobs in the U.S. Ending overseas tax breaks would generate an additional $7 to 12 billion a year in tax revenue and eliminate the perverse incentive to move work abroad to avoid paying taxes.
    Public Contracts and Subsidies: Many companies that ship work overseas receive billions of dollars worth of government procurement contracts, subsidies and state and local tax abatements. These taxpayer-financed benefits usually come with very few strings attached, allowing companies to skim additional profits by performing publicly funded work overseas. Laws at the local, state and federal level should be reformed to ensure our taxpayer dollars are not subsidizing the destruction of American jobs.
    Currency: A number of U.S. trading partners – China in particular – manipulate the value of their currency relative to the dollar to give their exports to the U.S. an artificial cost advantage, while making American products more expensive. This puts American producers and workers at an impossible cost disadvantage, effectively shutting them out of export markets and undermining their competitiveness at home. The U.S. must take immediate and aggressive action to ensure that the dollar is appropriately valued and withdraw trade benefits from countries that insist on manipulating their currency to unfair advantage, in violation of international trade rules.
    Trade Laws: Domestic trade laws enable the government to redress unfair trade practices that give an illegitimate advantage to overseas production. These laws were intended to provide the first line of defense for American producers and workers, yet they are very poorly enforced. The World Trade Organization has weakened our ability to use these laws, and on-going trade negotiations may undermine these laws even further. We must vigorously enforce our domestic trade laws, defend them from challenge, and work to strengthen them in the future.
    Trade Agreements: Trade deals such as the North American Free Trade Agreement (NAFTA) create new rights, but no responsibilities, for companies that ship jobs overseas. NAFTA contains strong legal protections for companies investing abroad and guaranteed access for their products into the U.S. market. But NAFTA provides no comparable protections for the rights of workers and the environment, allowing companies to escape their international obligations by shipping work overseas. We must fundamentally reform flawed trade rules to hold companies accountable for respecting workers’ rights no matter where they produce.
    It's a pure cop out of responsibility to blame a union for a contract negotiated with management, management controls the purse strings and no one is holding a gun to thier head during negotiations. Comparing an American worker to a monkey speaks volumes about you. American companies manufacturing vehicles did not upgrade thier plants, did not put out a product that was competitive with foreign manufacturers.

    Given a level playing field the American workers are the best in the world

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    It wasn't meant to. It was to counter the idea that prices weren't up.
    So you've abandoned your previous claim that prices were up due to QE. That's cool.
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by j-mac View Post
    Not really. When my kids were younger, we did it on much less.

    J-mac

    Sent from my PC36100 using Tapatalk
    I think I've heard this bit before -

    Back in my day, "when my kids were younger"..................

    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by KevinKohler View Post
    ... Let me break this down for you. This is a little truism that ANYONE who has every owned a business either already knew, or learned the hard way, at some point. "You're either growing, or you're dying." ...
    Care to apply this supposed "truism" to worker's wages? It seems you are suggesting that for those in the working class... it translates to "if you are not willing to accept lower wages, you are driving yourself out of employment." This definitely seems to be the case, except for executive salaries and investor compensation.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by TurtleDude View Post
    the shareholders own them

    that includes union pension plans among others
    Those thousands or tens of thousands or hundreds of thousands of shareholders DO NOT make the daily decisions of running those businesses and you darn well know that.
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by KevinKohler View Post
    So many of you view the shipping of jobs elsewhere as if it were a choice, for many employers.


    Let me break this down for you. This is a little truism that ANYONE who has every owned a business either already knew, or learned the hard way, at some point. "You're either growing, or you're dying." In the case of globalism, everyone ELSE is growing, RAPIDLY. India, China, most of Asia, actually....why? Because they have the single greatest resource a business NEEDS...cheap labor. I'm sorry, but we FORCED many manufacturers out of the country, when we decided that assembly line workers required 25+ an hour to do the jobs that many a monkey could handle, just fine. Look at GM. No sooner do they get out from under the crappy labor union contracts and stifling pensions, etc...and baby, they are BACK in business. I call that pretty solid evidence. But I'm wasting my time here, because none of you are going to present a rational counter argument that doesn't rely almost solely on emotional responses (the poor, but raped middle class!!! ), and most of you already know where you stand, and nothing, NOTHING, is going to sway you, no matter what sort of proof or evidence could be tossed into your faces.
    How are we doing in that race to the bottom?

    Are you personally running in that race to the bottom or are you just on the sidelines cheering on the other participants in the drive for third world living conditions and ages and then you will go home to your protected and guarded enclave and pontificate about the danger of labor unions?
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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    Re: Census shows 1 in 2 people are poor or low-income

    Does anyone really believe that 1/2 of the US population is poor?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by American View Post
    Does anyone really believe that 1/2 of the US population is poor?
    Compared to the rest of the world...no.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by American View Post
    Does anyone really believe that 1/2 of the US population is poor?
    For people in a very advanced economy, yes, I believe that a very high proportion of the US population are poor, because I read honest capitalist papers like the Economist. No, they are not as poor as the people in some the places the system exploits, but nor were they before leaving their own countries for money, were they? It is a choice, living in an extremely unequal society in the hope of getting rich, and I'd say that except to the eye of faith that hope is scarcely now visible.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by American View Post
    Does anyone really believe that 1/2 of the US population is poor?

    No rational person does.
    I love the smell of burning moonbat in the morning.

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