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Thread: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    The first issue was taxes. That's what you asked for evidence on. First, do you concede I'm correct about taxes and the historical evidence? We have to have that before I move on.
    Both addressed personal income taxes not business taxes. Apparently that fact escaped you and no I don't buy the opinion of the study because the study doesn't have any clue what those evil rich people do with their money or what their profit demand is. All I see is another jealous liberal who cares more about what someone else makes rather than doing what is right for the country. Since the impact is so little according to the study why do it?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    The first issue was taxes. That's what you asked for evidence on. First, do you concede I'm correct about taxes and the historical evidence? We have to have that before I move on.
    Let me see if I can educate someone who claims they actually ran a business. For example, I am a business owner who incorporates for legal protection. In that corporation I have monthly operating expenses including payroll. I pay myself a salary out of that corporation and that salary is subject to personal income taxes as well as payroll taxes all going to the Federal Govt. If that corporation makes money then the govt. collects corporate taxes on the profit. If the company loses money then I have to adjust my operating expenses including my salary and then the salary of others. Nothing you posted recognizes that reality.

    Further regulations cost my corporation money, compliance money, Obamacare costs my company benefit money which increases payroll costs, higher taxes mean my operating expenses have to be adjusted or I have to collect more revenue to pay those higher taxes. Get it yet?

    Posting about personal income taxes does not address business expenses and the effect of those expenses on hiring employees

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Let me see if I can educate someone who claims they actually ran a business. For example, I am a business owner who incorporates for legal protection. In that corporation I have monthly operating expenses including payroll. I pay myself a salary out of that corporation and that salary is subject to personal income taxes as well as payroll taxes all going to the Federal Govt. If that corporation makes money then the govt. collects corporate taxes on the profit. If the company loses money then I have to adjust my operating expenses including my salary and then the salary of others. Nothing you posted recognizes that reality.

    Further regulations cost my corporation money, compliance money, Obamacare costs my company benefit money which increases payroll costs, higher taxes mean my operating expenses have to be adjusted or I have to collect more revenue to pay those higher taxes. Get it yet?

    Posting about personal income taxes does not address business expenses and the effect of those expenses on hiring employees
    You can't prove your claims, so I'm not interested. But you should read closer what I gave you. They spoke to business tax as well.

    As for regulations, let me start with this:

    Data from the Bureau of Labor Statistics show that very few layoffs are caused principally by tougher rules.

    Whenever a firm lays off workers, the bureau asks executives the biggest reason for the job cuts.

    In 2010, 0.3 percent of the people who lost their jobs in layoffs were let go because of “government regulations/intervention.” By comparison, 25 percent were laid off because of a drop in business demand.

    Does government regulation really kill jobs? Economists say overall effect minimal. - Washington Post

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    You can't prove your claims, so I'm not interested. But you should read closer what I gave you. They spoke to business tax as well.

    As for regulations, let me start with this:

    Data from the Bureau of Labor Statistics show that very few layoffs are caused principally by tougher rules.

    Whenever a firm lays off workers, the bureau asks executives the biggest reason for the job cuts.

    In 2010, 0.3 percent of the people who lost their jobs in layoffs were let go because of “government regulations/intervention.” By comparison, 25 percent were laid off because of a drop in business demand.

    Does government regulation really kill jobs? Economists say overall effect minimal. - Washington Post
    Wow, so because this study says the loss of jobs due to regulations is small that is ok to you whereas anyone who really cares about jobs wouldn't want anything to kill jobs. Further Obamacare is a regulation that isn't factored in at all but your statement that you aren't interested says it all. It has been shown that you have no clue how to run a business or the items that drive up business costs thus are part of the financial statement. Unfortunately for many neither does Obama who is a walking advertisement for the death of liberalism when it comes to economic policies.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    You can't prove your claims, so I'm not interested. But you should read closer what I gave you. They spoke to business tax as well.

    As for regulations, let me start with this:

    Data from the Bureau of Labor Statistics show that very few layoffs are caused principally by tougher rules.

    Whenever a firm lays off workers, the bureau asks executives the biggest reason for the job cuts.

    In 2010, 0.3 percent of the people who lost their jobs in layoffs were let go because of “government regulations/intervention.” By comparison, 25 percent were laid off because of a drop in business demand.

    Does government regulation really kill jobs? Economists say overall effect minimal. - Washington Post
    LOL.

    0.3% Lost their job because of government regulation but 25% lost their job because of a drop in business demand. LOL. Without connecting the dots, that may be a true statement. Most people would be able to connect them though.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ItAin'tFree View Post
    LOL.

    0.3% Lost their job because of government regulation but 25% lost their job because of a drop in business demand. LOL. Without connecting the dots, that may be a true statement. Most people would be able to connect them though.
    yes, and we all know that the way to increase demand is to increase taxes thus cutting personal take home pay. In addition having the prospect of higher business costs thus higher product costs certainly are going to increase demand as well. Isn't being a liberal fun?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Wow, so because this study says the loss of jobs due to regulations is small that is ok to you whereas anyone who really cares about jobs wouldn't want anything to kill jobs. Further Obamacare is a regulation that isn't factored in at all but your statement that you aren't interested says it all. It has been shown that you have no clue how to run a business or the items that drive up business costs thus are part of the financial statement. Unfortunately for many neither does Obama who is a walking advertisement for the death of liberalism when it comes to economic policies.
    As I said, it had minimal effect. Again, I have support and you really don't. Understand, this is how it works. you're the one running around make claims unsupported. And I can do this all day, one after another. Not opinons, but factual historical evidence.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ItAin'tFree View Post
    LOL.

    0.3% Lost their job because of government regulation but 25% lost their job because of a drop in business demand. LOL. Without connecting the dots, that may be a true statement. Most people would be able to connect them though.
    Please then, connect the dots. Make a wild unsupported statement. I'll wait.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    You can't prove your claims, so I'm not interested. But you should read closer what I gave you. They spoke to business tax as well.

    As for regulations, let me start with this:

    Data from the Bureau of Labor Statistics show that very few layoffs are caused principally by tougher rules.

    Whenever a firm lays off workers, the bureau asks executives the biggest reason for the job cuts.

    In 2010, 0.3 percent of the people who lost their jobs in layoffs were let go because of “government regulations/intervention.” By comparison, 25 percent were laid off because of a drop in business demand.

    Does government regulation really kill jobs? Economists say overall effect minimal. - Washington Post
    Well.....first, that only covers mass layoffs (at least 50 people laid off in 5 weeks and at least 50 laid off more than 30 days). So a person here and a person there won't show up.
    Second, excessive regulation could easily lead to many of the issues listed.

    Basically, there's no simple way to support either conclusion.

    Oh, and the mass layoff statistics program has been eliminated due to sequestration.
    Last edited by pinqy; 07-09-13 at 09:46 PM.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    As I said, it had minimal effect. Again, I have support and you really don't. Understand, this is how it works. you're the one running around make claims unsupported. And I can do this all day, one after another. Not opinons, but factual historical evidence.
    There is no factual evidence, just a study made up mostly of opinions. You really have no idea how private business works and are totally clueless as to the monthly operating expenses. Sorry but you are entitled to your own opinion but not your own set of facts. Until you understand business operating expenses for all business then the accuracy of your opinion is questionable at best.

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