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Thread: Obama: Corporate Profits "Have To Be Shared By American Workers"

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by Erod View Post
    Whovian, people can't possibly be expected to manage their income responsibly. How else are they going to get their flat screens and iPhones?
    What does that have to do with millions being out of work? And what does money management have to do with people being paid low wages? It has nothing to do with money management and everything to do with the wholesale movement of work out of this country. Obama was simply calling for companies to give raises if deserved and not use the recession as a means to keep worker pay low and CEO bonuses high.

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by tlmorg02 View Post
    What does that have to do with millions being out of work? And what does money management have to do with people being paid low wages? It has nothing to do with money management and everything to do with the wholesale movement of work out of this country. Obama was simply calling for companies to give raises if deserved and not use the recession as a means to keep worker pay low and CEO bonuses high.
    They already do. You have to in order to keep your good people. Now, if profits are down and the future is uncertain, you might not be able to, but that's just the marketplace dictating your actions.

    Finding and keeping good people in today's lazy American workforce is difficult. Frankly, the recession got rid of a lot of dead weight for companies, which were paying unproductive people for years while the economy was steamrolling. I witnessed that first hand.

    We need to take the reigns off of business so they will expand their operations and hire people. My hope this scared the crap out of people, and that they go back to work soon with a renewed appreciation for work, their employer, and their personal well-being.

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by pbrauer View Post
    Do you have amnesia, was for bailing out Detroit before Obama was.U.S. Throws Lifeline to Detroit - WSJ.com
    No, that's actually more of the same stupidity. Bailing out failing business while also subsidizing them throughout their existence, is NOT a way to spur long term job growth. Good gods man. Why don't we just employee everyone right now? (because we wouldn't make any money to pay for it, hint).

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by tlmorg02 View Post
    What does that have to do with millions being out of work? And what does money management have to do with people being paid low wages? It has nothing to do with money management and everything to do with the wholesale movement of work out of this country. Obama was simply calling for companies to give raises if deserved and not use the recession as a means to keep worker pay low and CEO bonuses high.
    Nonsense. Hell, we have 5M Americans that work here in the U.S. for FOREIGN owned businesses. The door goes both ways, you're chasing fantasy. Apple creates like 2 jobs for every job they ship overseas for manufacturing. They create jobs.

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by Whovian View Post
    Didn't President Obama just tell Bill O'Reilly that he ws NOT into wealth redistribution?
    http://www.debatepolitics.com/breaki...post1059271512


    yup. what a difference a day makes, eh?
    Well, he did tell O'Reilly one truth. He said he hasn't changed since he was elected.
    He is still the same socialist we elected.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by Barbbtx View Post
    Well, he did tell O'Reilly one truth. He said he hasn't changed since he was elected.
    He is still the same socialist we elected.
    His rhetoric certainly has changed - he's now in self preservation mode, but really it's more of the same: Promise anything to anyone for all things and hope to get re-elected.

    Who knows - maybe people are as stupid or more stupid than Obama thinks.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by tlmorg02 View Post
    What does that have to do with millions being out of work? And what does money management have to do with people being paid low wages? It has nothing to do with money management and everything to do with the wholesale movement of work out of this country. Obama was simply calling for companies to give raises if deserved and not use the recession as a means to keep worker pay low and CEO bonuses high.
    It's none of Obama's business to tell anyone where, when, how, and to whom they should spend their money.
    It's his job to make it favorable for businesses to keep their money here and to hire people here. He is not a dictator of what wages shall be paid to workers or CEOs.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Bah...everyone is reading this all wrong. He isnt calling for wealth redistribution. He is making a politically correct shoutout to 'the workin man' to justify lowering corporate taxes. He is doing what the republicans want him to do to stimulate job development. He is just wrapping it in sparklies. Nothing is going to change. executives will still get paid. Shareholders will still get profits. And hopefully, more people will be employed with decent wages.

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by Barbbtx View Post
    It's none of Obama's business to tell anyone where, when, how, and to whom they should spend their money.
    It's his job to make it favorable for businesses to keep their money here and to hire people here. He is not a dictator of what wages shall be paid to workers or CEOs.
    Of course, you want him to just do do do for business and to hell with those whose back the profits are made on. People go on and on about how the best and brightest are paid great, but this is not the case. Worker wages have been largely stagnant for the last forty years. Yet CEO pay has increased some 450%. A call for not pushing US workers into a Chinese pay bracket is not over the top, it is a necessity. Though all in all, I must agree with Vance. Nothing will change and this was all political spin.

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    Re: Obama: Corporate Profits "Have To Be Shared By American Workers"

    Quote Originally Posted by VanceMack View Post
    Bah...everyone is reading this all wrong. He isnt calling for wealth redistribution. He is making a politically correct shoutout to 'the workin man' to justify lowering corporate taxes. He is doing what the republicans want him to do to stimulate job development. He is just wrapping it in sparklies. Nothing is going to change. executives will still get paid. Shareholders will still get profits. And hopefully, more people will be employed with decent wages.
    VanceMack,

    You miss HIS angle. He knows that lowering the Corp. Tax rate is good for business, and if business improves so do incomes. It's how it works. This way around Oct 2012 when things start picking up again he can say "See, I asked and the Corp.'s listened to me.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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