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Unfortunately, a lot of corporations are moving certain operations outside the US in order to completely bypass paying taxes at all so the issue of lowering their rates is often a mute point. .
Unfortunately?!?!?!?!?!?!?
Oh no, they are supposed to hang around and wait until the PARASITIC FACTION - The birds of prey - come down on the carcasses.
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You make it sound as if American corporations are engaging in some kind of heroic act as if they're fleeing unfair domination by our overbearing gov't. But you would be attributing more noble motives than most corporations are ever noted as having as part of their charter.
Unlike people (some people, anyway) corporate officers are not motivated by loyalty, or patriotism, or love of country. They're motivated by maximizing profits, and they often do whatever it takes to make that happen. That's why they use slave labor if they can get away with it, especially if that's what it takes to compete.
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It would help if the people doing all the fear-mongering about the debt knew a little something about economics AND the history of the US debt to GDP ratio.
The first graph shows the historical perspective.
The Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart - Matt Phillips - The Atlantic
The US is currently a little lower than WWII levels. Are you aware that we never paid off that debt? That's right. We grew the economy so that the debt shrank as a percentage of the GDP.
Keep that in mind because the worst thing our gov't could do in a time of high unemployment (which also means lower tax revenue and higher transfer payments) is to massively cut spending which essentially throws more people out of work, thereby worsening the situation regarding higher unemployment, less tax receipts, and more transfer payments.
The second graph is the debt to GDP ratio of 3 countries. As late as 5 years ago, the US was about where Germany was. It's Japan that has the high ratio.
FileublicDebtTriade.PNG - Wikipedia, the free encyclopedia
What our country needs to do is grow the economy, and Congress could help that along with a jobs program to prime the economic pump instead of fixating on lowering the debt which only perpetuates and actually compounds the problem.
So you can't think of a number....Got it...How about the number of jobs bills passed by the house and killed in the Senate?
You talk a good talk but the facts don't add up...I like to keep it basic and you follow the old army saying that if you can't dazzle them with brilliance baffle them with Bullshit.
Again, how much debt before you think it's too much? 30 trillion do? Or do you have your sights set on 50 trillion?
Let's start with something simple. Do you understand what a ratio is?
Oh, btw, just slapping the word jobs on a bill or going in front of the cameras and calling some legislation a jobs bill doesn't make it a jobs bill. Real money has to be spent on things like public works projects like improving or replacing infrastructure for it to be a jobs bill anymore than getting the support of one lone Democrat makes legislation bipartisan.
The House may have passed a number of jobs bills but along with each of those jobs bills were riders that did NOT involve jobs. Many of those bills carried riders to repeal or destroy the ACA. Others carried riders that would have given breaks to certain industries. Some carried riders to give the okay for the Keystone pipeline. In other words the republicans played the same game they used in the current budget bill; They attacked bills to the jobs bill that were not passable.It would help if the people doing all the fear-mongering about the debt knew a little something about economics AND the history of the US debt to GDP ratio.
The first graph shows the historical perspective.
The Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart - Matt Phillips - The Atlantic
The US is currently a little lower than WWII levels. Are you aware that we never paid off that debt? That's right. We grew the economy so that the debt shrank as a percentage of the GDP.
Keep that in mind because the worst thing our gov't could do in a time of high unemployment (which also means lower tax revenue and higher transfer payments) is to massively cut spending which essentially throws more people out of work, thereby worsening the situation regarding higher unemployment, less tax receipts, and more transfer payments.
The second graph is the debt to GDP ratio of 3 countries. As late as 5 years ago, the US was about where Germany was. It's Japan that has the high ratio.
File
What our country needs to do is grow the economy, and Congress could help that along with a jobs program to prime the economic pump instead of fixating on lowering the debt which only perpetuates and actually compounds the problem.
So you can't think of a number....Got it...How about the number of jobs bills passed by the house and killed in the Senate?
You talk a good talk but the facts don't add up...I like to keep it basic and you follow the old army saying that if you can't dazzle them with brilliance baffle them with Bullshit.
Again, how much debt before you think it's too much? 30 trillion do? Or do you have your sights set on 50 trillion?
And since President Obama does not have line-item veto the bills were ignored. What was needed was a clean jobs bill WITHOUT riders. The House refused to comply. Rather than taking the time to write a clean jobs bill which was needed they chose to send bills to the Senate that had no chance of passing.
Oh, and about your phoney concern about the debt, the only time the debt is important to the gop is when Democrats are in control of the government. Then it is important, and only then.
When bush took office cheney was screaming that "Deficits are not important." Meanwhile bush was cutting taxes on the wealthy and starting two wars that were paid for by borrowing from the Chinese. I did not hear any screaming from people like you about the debt then. You people were defending bush and his spending at the top of your lungs.
So you can't think of a number....Got it...How about the number of jobs bills passed by the house and killed in the Senate?
You talk a good talk but the facts don't add up...I like to keep it basic and you follow the old army saying that if you can't dazzle them with brilliance baffle them with Bullshit.
Again, how much debt before you think it's too much? 30 trillion do? Or do you have your sights set on 50 trillion?
Let's start with something simple. Do you understand what a ratio is?
Oh, btw, just slapping the word jobs on a bill or going in front of the cameras and calling some legislation a jobs bill doesn't make it a jobs bill. Real money has to be spent on things like public works projects like improving or replacing infrastructure for it to be a jobs bill anymore than getting the support of one lone Democrat makes legislation bipartisan.
Ah, so you're one of those. The only jobs that government can create are government jobs...Keep telling yourself that. And Ratios, really? I see that my share of the Debt is more than double what it was just a few short years ago. What more of ratio does one need to know? Again, i like things simple. I want to be able to explain them to my 13 year old granddaughter, after all, it's going to be her problem sooner than it should....
Apparently, the leftists believe that we can grow economically out of this mess while the Administrations policies have only stifled growth and created uncertainty among the business world with all the talk of taxation and the unknown effects that the so-called Affordable Health Care act will bring when it kicks in. Can't grow out of debt when growth is at 2-3%.Notice how they fail to address that the credit rating was lowered because of the out of control spending?
Tell us Mustang, How much Debt will be enough to convince you that we are spending too much?
It would help if the people doing all the fear-mongering about the debt knew a little something about economics AND the history of the US debt to GDP ratio.
The first graph shows the historical perspective.
The Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart - Matt Phillips - The Atlantic
The US is currently a little lower than WWII levels. Are you aware that we never paid off that debt? That's right. We grew the economy so that the debt shrank as a percentage of the GDP.
Keep that in mind because the worst thing our gov't could do in a time of high unemployment (which also means lower tax revenue and higher transfer payments) is to massively cut spending which essentially throws more people out of work, thereby worsening the situation regarding higher unemployment, less tax receipts, and more transfer payments.
The second graph is the debt to GDP ratio of 3 countries. As late as 5 years ago, the US was about where Germany was. It's Japan that has the high ratio.
File
What our country needs to do is grow the economy, and Congress could help that along with a jobs program to prime the economic pump instead of fixating on lowering the debt which only perpetuates and actually compounds the problem.
So you can't think of a number....Got it...How about the number of jobs bills passed by the house and killed in the Senate?
You talk a good talk but the facts don't add up...I like to keep it basic and you follow the old army saying that if you can't dazzle them with brilliance baffle them with Bullshit.
Again, how much debt before you think it's too much? 30 trillion do? Or do you have your sights set on 50 trillion?
As I figured you clowns don't care how high the debt goes, just borrow more that we can never pay back....What happens when we rename LA New Peking?
Wow, I find it hard to believe that this thread, with it's divisive, inflammatory bait-style title, hasn't been dumped in the rubber room.
Oh wait, no, I'm not.
prol ly. Right now it looks like he's putting the retention of his Speaker position (tea party spokesman really) in front of doing whats right for this great nation. Sad
Generally, I'm not a fan of heavy handed leaders like Lyndon Johnson in the Senate or Tom DeLay in the House because they ran roughshod over the membership too much and too often. But sometimes a strong leader needs to exert his leadership role and say enough is ENOUGH and mete out some punishment too if some of the caucus members are behaving like petulant children. This, in my opinion, is one of those times.
the thing is, he'd lose his speakership w/o the endorsement of the 50 or so eXtreme Right Tealiban in the House so he's going the extra mile to keep them from firing him.
It isn't just the Chinese who hold our debt. The 1% holds a lot of it too, so GUESS WHAT? they make out like bandits if the interest we pay is raised. Not that I am the suspicious type, but couldn't that be why the Koch bottles made their TP Baggies sizzle?
Anybody hear a dollar figure that the shutdown has cost America? Perhaps we should send the bill to the GOP.
Anybody hear a dollar figure that the shutdown has cost America? Perhaps we should send the bill to the GOP.
Anybody hear a dollar figure that the shutdown has cost America? Perhaps we should send the bill to the GOP.
right. 
Remember two years ago when the so-called Tea Party Caucus brought America to the brink only to cause the US to get a credit downgrade from AAA to AA+?
Remember two years ago when the so-called Tea Party Caucus brought America to the brink only to cause the US to get a credit downgrade from AAA to AA+?
Lying sack of shit.
It was our uncontrolled long term debt that caused the downgrade then, just as it cause the downgrade that occurred last night. You blame the guys that want to stop the overspending for causing a downgrade caused by overspending! What a disingenuous fuck you are.
Remember two years ago when the so-called Tea Party Caucus brought America to the brink only to cause the US to get a credit downgrade from AAA to AA+?
Lying sack of shit.
It was our uncontrolled long term debt that caused the downgrade then, just as it cause the downgrade that occurred last night. You blame the guys that want to stop the overspending for causing a downgrade caused by overspending! What a disingenuous fuck you are.
Remember two years ago when the so-called Tea Party Caucus brought America to the brink only to cause the US to get a credit downgrade from AAA to AA+?
Lying sack of shit.
It was our uncontrolled long term debt that caused the downgrade then, just as it cause the downgrade that occurred last night. You blame the guys that want to stop the overspending for causing a downgrade caused by overspending! What a disingenuous fuck you are.
IIRC they specifically mentioned the assholes who wanted us to not pay for bills we'd already incurred as the reason.That would be your wingnut Tea Party heroes.
ublicDebtTriade.PNG - Wikipedia, the free encyclopedia
