Re: Economy shrinks for first time in 3 1/2 years
Conservative;1061407552]What you and others have done is buy into the liberal rhetoric that we need high taxes to fund this bloated federal govt.
Negative. Like you, I wanted our government much smaller. Unlike you, I have come to see the absolute futility in trying to achieve that goal short of some form of violence. I support higher taxes for a number of far more heinous reasons. Since I can't legislate responsibility among corporate executive types, I want to tax the crap out of them so that , A.) the tax liability on the rest of us NOT making money hand over fist is reduced, and B.)to minimize the incentives to "get rich/more rich using any means at one's disposal". Uncle sam uses taxation to either encourage, or discourage certain activities. I'm suggesting this as being the same. The collateral, which I can't find a way around, are those who get wealthy without actually bleeding companies dry, screwing over millions, etc. The argument can be made, however, that despite less "profit in pockets" due to taxes, the over all profits would be larger, due to more disposable income in the hands of the non rich.
Why is it that any company should be taxed, what services do the company receive from the govt, not the people the company?
This can't be a serious question. Roads? Do companies not use them? Are they not completely reliant on our entire infrastructure to exist? How about subsidies, which, it seems, the larger the company, the greater the level of subsidization. I hope this was not a serious question, I think much more highly of you.
Companies running a deficit go out of business, the govt. running a deficit just prints more money.
Not before the CEO, CFO, SVP, etc, get huge bonuses, and cash out their stock options.
The fourth largest budget item for the taxpayers today is debt service from which we get nothing. The Federal Govt. ignores that reality as do people like you. We don't need more tax revenue we need less govt. spending
But we HAVE gotten something. Debt is nothing more than payment on services rendered. We are paying off the things we have received in the past. The interest we pay is the price of us being ABLE to have a deficit.
Seems to me that far too many focus on what someone else makes or pays in taxes versus what the govt. spends and collects in taxes.
I agree. Spending has always been the issue, as far as our government is, not taxes. But I'm not talking about our government right now, I'm talking about our economy.
I never worried about what some CEO makes in bonus as no one held a gun to my head forcing me to take the job.
I ordinarily agree with this statement, but it seems to me we have a pandemic, right now, and it needs to be addressed. Far too often, I see this crap on the news, and I'm sick of it. I'm sick of watching our economy suffer at the hands of a few who are simply looking to get richer.
I knew what I was getting into when I signed on with the company and was free to look for another job any time I wanted.
Me, too. And now my company is doing the same thing so many others I passed up working for are doing. See the issue? Just how often should I have to jump ship? Shouldn't we have some minimum requirements held on this "captains" of industry, since their choices affect so many of us, so dramatically?
All I asked for was an equal opportunity which I always got.
And all I ask for is for the people who have more power over me than my elected representatives, to have a little responsibility.
All I see frompeople like you are excuses and blame for your own failures.
I have listed no failures. I'm doing just fine. I require no assistance from anyone. All I offer are observations about things that are most CERTAIN to provide us trouble in the future.
What is preventing you from being one of those so called corporate elites making the big bonus.
A lack of connections. Used to be, you worked your way UP to one of those positions, by being in the company for a long time. It provided those leaders with perspective, and made them CARE about their company, and the people working there. What I think has happened now is, the original owners of so many of these companies have died, leaving it to a board, or to spoiled brat kids, and the guy that worked his way up from the mail room is no longer a viable candidate for the higher end jobs, because there are too many children of the board members that need jobs, or golfing buddies, etc. So, now, the new standard is that someone "work" their way up from the upper middle level of executive management within the company, at best, or not at all, as is the case so often. We have a new breed of people leading these companies, who, largely, don't have ANY skin in the game, at all. The board members, and controlling share holders don't mind, because they get their check, even as the company falters. Sure, the check might be a tad smaller in some cases than it was in past times...but what does it matter when you didn't really have to do much to get that check in the first place, and with that check, you can simply cash in to another nice, big potential payday? That a company, an entire town, might die in the process, is of no concern. And then there are the too big to fail. That's like writing your own blank checks, right there, so who cares, right? A person who toiled away for 20 years to EARN that top spot would care.
Bet if you look in the mirror you would understand.
You really should just stop with the assumptions. You're getting a lot more swing and misses, than hits, bub.