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Thread: Unemployment dips to 8.9 pct., 192K jobs added

  1. #391
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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by Catawba View Post
    I am afraid I am coming down on the side of Barbarian on this one my friend, and that can't be a good thing, can it? (Just kidding Barb)

    If a corporation move's jobs to a country where they take advantage of subpar wages and benefits, while leaving equally skilled workers here unemployed with few remaining manufacturing options for jobs, why should the corporations than be allowed to ship the very same products back into the US, pocketing the savings at the cost of US jobs?

    Perhaps I am missing something here that you can help me with.
    Very good point, Catawba. However, there's one flaw in your logic (although I on the surface of it, I agree with you) and that is "made in China, distributed in the USA" by USA Corporation, LLC. (replace name for any US company that manufactures products abroad). If I recall how import/export workds, tarrifs are intended for products made abroad by foreign owned companies. U.S. companies that happen to produce products abroad even via subcontracts with foreign manufacturers (see Walmart) are exempt. But I agree with you in principle; if a U.S. company moves his production overseas, perhaps it should pay a tarrif though not at the higher rate of its foreign manufacturing counterpart. We the Obama Administration recommends by way of changing the tax code (corporate tax, I assume) is to reduce the tax liability on corporations who move their business back to the U.S. On the surface, it makes sense. However, after giving it some thought recently, I don't think that alone will lure U.S. companies back stateside. You have to provide not only a winning scenario for them to return but in the words of the Godfather, "give them an offer they can't refuse"...atleast not so easily.

    You see, if a U.S. company is profitable even with setting up shop abroad, they really don't have much of an incentive to return especially when competing with cheap labor. The only reason, I think, we allow U.S. companies to leave is because in most cases we're getting back those goods American's love - flat screen TVs, DVD-R players, iPads, iPhones, Xbox...you name it, we love it! But if a tarrif was affixed to products made abroad by a U.S. company, suddenly they're forced to rethink leaving in the first place. IMO, it's the price U.S. manufacturers pay for leaving communities and calling themselves saving money by picking up stakes and leaving the country for cheaper labor. Moreover, for skirting the tax code and not paying taxes accordingly. A tarrif on U.S. manufacturers who resell domestically would certainly make U.S. companies think twice about leaving.
    Last edited by Objective Voice; 03-07-11 at 09:50 PM.

  2. #392
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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by Catawba View Post
    I am afraid I am coming down on the side of Barbarian on this one my friend, and that can't be a good thing, can it? (Just kidding Barb)

    If a corporation move's jobs to a country where they take advantage of subpar wages and benefits, while leaving equally skilled workers here unemployed with few remaining manufacturing options for jobs, why should the corporations than be allowed to ship the very same products back into the US, pocketing the savings at the cost of US jobs?

    Perhaps I am missing something here that you can help me with.
    Try and think about it this way. You want to buy a glass of lemonade, you can buy a cup from the boys on your side of the street for 25c and for 15c across the street. You would go across the street because it is cheaper. International trade is pretty much the same thing only on a much grandier scale. By trading with other countries we can now produce MORE things than before. China could manufacture some things with equally skilled workers for cheaper, while we could do something else for cheaper. In the end we can make more stuff than if we would try and do it all ourselves.

  3. #393
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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by Conservative View Post
    There is quite a difference between a recession and a depression which apparently you don't understand. Bush was in office when the recession started in December 2007 with the Democrats in control of Congress. You really need to set your standards higher with Democrat results. 2 million fewer people employed, 3.5 trillion added to the debt, and 2.8% GDP growth isn't what most people will call a success.

    You want so badly to give Obama credit which apparently means you have the same ideology as he does. that makes you the exact oppositie of the Founders and most in this Center-Right country. Obama has done more harm to this country than anything Bush ever did and the results are quite telling. Bush added 6.5 million jobs during two recessions and with 9/11. Added 4.6 trillion to the debt in 8 years which Obama will pass in 3, and generated 4.5 trillion GDP growth.

    HOoT, hoOt, fellow DPR,s behold,…two paragraphs of conservatives patented brand of dishonesty. On one side of his mouth he’s sayin that the in Dems being in control of Congress when the recession started on December 2007.Somehow, some way, the dems must be to blame for the great bush recession. While not a word out of his pie hole did he mention that the reps had control of both seats of congress, as well as the presidency, for the first six years. The very years when the seeds of the great bush recession were sown, as well as two wars (one on ginned up evidence).


    What better way to sink an economy than two unfunded wars? Why two tax cuts.OF COURSE.What could be a better present to give your well heeled brethren to celebrate two wars?

    Also notice that when our beloved hack cites these stats (Bush added 6.5 million jobs during two recessions), he conveniently leaves out the fact that he is comparing bushes eight years of incompetence, to Obamas little over two years in office.

    When you compare the first two years, things start looking a bit different. For example.

    Labor Force Statistics from the Current Population Survey from the BLS site… Jan of 2001= 137778… Jan of 2002= 135701.To these two slightly bloodshot eyes, that hardly looks like a gain to me.


    Their it is fellow DPR,s in all of its glory,go up and take another look at his post, compacted into two, straw laden paragraphs for all to see… enjoy.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by iamitter View Post
    Nope, I'm a cold, heartless bastard in that respect.
    They should be allowed because they don't pocket the savings - at least not all of them. Costs go down for consumers all over the nation. Easiest way to see this is early to mid 1800's when we had huge tariff debates that were basically like tax debates now.

    If someone loses their job because someone else can do it for less, tough. They should get more education or find another way to make themselves be more employable - I have no sympathy for grunt labor. No one is born entitled to a job just because.

    Well at least you are honest about it. I tend to put country first when it comes to jobs.
    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: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by The Prof View Post
    yup

    housing is buckled, no shore up in sight

    revenues from property taxes are miniscule

    fannie and fred are looking at a half T

    the muni markets are necessarily downgraded

    public pensions at the state level alone are 2.5T under

    medicaid is unmanageable---NOW

    interest on the national debt is soon to approach 1T per

    oil is exploding, food prices are becoming an international crisis

    obamacare raises three quarters of a T in new "revenues," says cbo

    the gao last week reported a full half T of taxpayer money just VANISHED, "most of it in the last 2 years"

    the fed has obligated 2.7T of public trust in UNDIVERSIFIED junk

    and we produce a jobs report that for the first time in months manages to keep up with population growth---with a few thousand to spare!

    results
    I think a tax increase would straighten up about half of that laundry list…OH, oh, you forgot your link/links. Is goggle down?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by drz-400 View Post
    Try and think about it this way. You want to buy a glass of lemonade, you can buy a cup from the boys on your side of the street for 25c and for 15c across the street. You would go across the street because it is cheaper. International trade is pretty much the same thing only on a much grandier scale. By trading with other countries we can now produce MORE things than before. China could manufacture some things with equally skilled workers for cheaper, while we could do something else for cheaper. In the end we can make more stuff than if we would try and do it all ourselves.
    But see the thing is boys on my side of the street are my brothers and they are providing income to keep our family out of debt so I choose them.
    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

  7. #397
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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    donc;1059332938]HOoT, hoOt, fellow DPR,s behold,…two paragraphs of conservatives patented brand of dishonesty. On one side of his mouth he’s sayin that the in Dems being in control of Congress when the recession started on December 2007.Somehow, some way, the dems must be to blame for the great bush recession. While not a word out of his pie hole did he mention that the reps had control of both seats of congress, as well as the presidency, for the first six years. The very years when the seeds of the great bush recession were sown, as well as two wars (one on ginned up evidence).
    so exactly what does Congress do in your world? Republicans did NOT control the Senate in 2001-2002 but did control the Congress from 2003-2006. Why don't you check out the economic growth and job creation during those 4 years? BEA.gov and BLS.gov will give you that data or do you want me to post the charts for you?

    What better way to sink an economy than two unfunded wars? Why two tax cuts.OF COURSE.What could be a better present to give your well heeled brethren to celebrate two wars?
    Right, tax cuts are an expense to the govt. so suggest you send all your money and let them tell you how much you need. Two wars cost 100 billion a year for the last 10 years. 9/11 cost over a trillion dollars on one attack. We haven't been attacked again so looks like a good ROI

    Also notice that when our beloved hack cites these stats (Bush added 6.5 million jobs during two recessions), he conveniently leaves out the fact that he is comparing bushes eight years of incompetence, to Obamas little over two years in office.
    Bush had 8,5 million jobs created in 2001-2007 and lost 2 million in 2008. Obama has less employed today than when he took office. Bush had a recession in 2001, 9/11 in 2001, and the recession in 2008. The Bush recession ended 6-2009 according to NBER. Facts have a strange way of making you look foolish.


    When you compare the first two years, things start looking a bit different. For example.
    Looks like the electorate looked at the promises Obama made during the campaign and held him accountable on Nov. 2, 2010. How did that turn out for him?

    Labor Force Statistics from the Current Population Survey from the BLS site… Jan of 2001= 137778… Jan of 2002= 135701.To these two slightly bloodshot eyes, that hardly looks like a gain to me.
    Here is what you cannot seem to understand, employment numbers for the first two years of the Bush Administration and the Obama Administration

    2001 137778
    2002 135701
    2003 137417
    2009 142221
    2010 138333
    2011 139323

    9/11 and the recession of 2001 cost Bush 361,000 jobs

    Obama has 2.9 million less people employed.


    Their it is fellow DPR,s in all of its glory,go up and take another look at his post, compacted into two, straw laden paragraphs for all to see… enjoy.

    Yep, another attempt to sell the leftwing socialist agenda of Barack Obama but the results don't fly

  8. #398
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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    I have always followed the money...

    Americans Are Horribly Misinformed About Who Has Money

    Americans Are Horribly Misinformed About Who Has Money - Politics - GOOD

    http://www.levyinstitute.org/pubs/wp_502.pdf

    15 Mind-Blowing Facts About Wealth And Inequality In America....Read more:

    Wealth And Inequality In America

    Wealth and Income Inequality in the USA

    Who Rules America: Wealth, Income, and Power

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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by donc View Post
    I’m still pissed at Clinton for signing NAFTA now Obama has reaffirmed it. Bonehead move imo.
    Like a drunk who drinks expecting a different result....

    Though many maybe very correct in their views to a large degree the progressive crooks still remain and continue down the path of our destruction in Washington with their bombastic manuverings of trying to help the American people by taking more away from the people without giving anything of substance in return.... All the while, we spend a lot of time conversing, organizing and protesting without violence to the best of our abilities.... Violence sucks eventhough it maybe enivitable to replenish the tree of liberty.... Scary stuff and a very scary reality...

    Maybe the Tea Party should unite with the SEIU and AFL-CIO protesters, and work together to restore our Republic....

    It is the environmental movement united with the Endangered species Act that did in American manufacturing and the 50 million blue collar middle class jobs over the last 50 years.

    It was not the Corporations it was the EPA, OSHA, DOEnergy, and a thousand other regulating agencies that effect the supply chain for a manufacturer. You can not compete with China or India that have few restrictions and allow air pollutions that America allowed during WWII which is what made LA look like the big Chinese cities look today. Think about this, we packaged up entire factories and shipped them to Asia [China and India] because they could not meet our new pollution standards. Well that worked out real well did it not - the Chinese and Indians got the jobs - we saved some little amount of pollution and the world got a gross increase in pollution - good job Sierra Club, Greenpeace, EPA. PETA and the long list of others.

    Thanks to these groups they forced the US government to put our jobs into the global re-distribution of wealth goals of the Progressives. So, now Union members tell me why you are still involved with the Democrat Progressives that killed your jobs? yes 50 million jobs just gone.

    However, the environmentalist organizations are only another tooled aspect of the progressives long range global agenda moving us towards socialist/fascist world governance....

    GATT, NFTA, WTO, US Chamber of Commerce to name a few anti-American/anti-Republic treaties and organizations that are responsible for the loss of sovereignty, real estate , and American owned business of various types to the progressive global elites one world governance agenda....

    U.S. Chamber of Commerce Hires Private Security Firms to Sabotage and Spy

    U.S. Chamber of Commerce Hires Private Security Firms to Sabotage and Spy | Mostly Water

    CAFTA: Central American Free Trade Agreement

    CAFTA: Central American Free Trade Agreement

    NAFTA DESTROYING AMERICAS MIDDLE CLASS

    NAFTA DESTROYING AMERICAS MIDDLE CLASS - Political Chips - Let YOUR Voice Be Heard

    U.S. Trade Policy and Job-Destroying Treaties, WTO & NAFTA

    http://www.governmentlocaljobs.org/o...ties-wto-nafta

    http://www.youtube.com/watch?v=X2VSQctjuow

    I watched my dad take a beating when his company was sent overseas along with pension funds and employee investment in the company.... My dad was union president and tried to do what he could to keep decent wages and benefits.... However, in the end the workers really had no say and the plant was closed down.... I watched as a bunch of Chinese workers were sent in to dismantle the plant and send it all out....

    I had the same thing happen to me at another company wherein the employees were told the company was closing in two weeks, and we had to keep up production or get fired without severence pay....

    Globalization and open border policy and practice allowed the govt/corporate entities to strip away private sector union power, and ship everything overseas with our tax dollars given out to corrupt corporations by the IMF corporate welfare program....

    Wal-Mart in China & Slave Labor...

    Wal-Mart Dungeon in China

    frontline: is wal-mart good for america?: interviews: alan tonelson | PBS

    IHS Child Slave Labor News :: Wal-Mart in China

    Big Box Collaborative: 23 Organizations Issue Joint Report Critiquing Wal-Mart’s Sustainability Initiatives

    WALMART: TAKING DOWN AMERICA

    WALMART: TAKING DOWN AMERICA | Facebook

    how walmart uses all of us, abuses all of us.

    Wal-Mart's Imports Lead to U.S. Jobs Exports

    American Rights at Work - Anti-Union Network

    Obama's Takedown of Industrial America

    American Thinker: Obama's Takedown of Industrial America
    Last edited by zeitgeist2012; 03-07-11 at 11:48 PM.

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    Re: Unemployment dips to 8.9 pct., 192K jobs added

    Quote Originally Posted by donc View Post
    I think a tax increase would straighten up about half of that laundry list…OH, oh, you forgot your link/links. Is goggle down?
    Yep. 5 Buck a gallon Gas. Look'n good. Who could ask for a better STATE of THE UNION? I wonder...Are all progressives so stupid they continually bury themselves to prove they know how to use a shovel? Link? Really? Simply open your front door and sniff the sweat air of the last two years of progressive dictatorship.
    Last edited by Walter; 03-08-11 at 12:08 AM.

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