corporate profits and jobs

Discussion in 'Economy' started by Truthmatters, Jul 22, 2011.

  1. Truthmatters
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  2. percysunshine
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  3. Truthmatters
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    If increased profits dont make them hire how is more tax cuts going to make them hire?
     
  4. driveby
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    driveby Gold Member

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    Why do you hate your fellow americans?
     
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  5. Leweman
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    Leweman Gold Member

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    I dunno. Ask GE.
     
  6. Truthmatters
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    Where are the jobs the right promised would materialize if the corps were making money?
     
  7. percysunshine
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    percysunshine Gold Member

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    Sort of depends on who is raising taxes and why they want to do it.

    This stuff is self explanatory Truthmatters.
     
  8. Truthmatters
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    No it isnt, you just cant explain it
     
  9. Flopper
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    Flopper Gold Member

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    I think the article pretty well answers the question.

    During the recession, American business fired everything with 2 legs that they could not directly tie to revenue. The results were lean mean organizations that could compete here or abroad. This resulted in a couple of trillion in cash that they are sitting on. With encouragement from Uncle Sam and foreign governments, they have exported most American manufacturing overseas to a point where "Made in American" is a novelty.
     
  10. percysunshine
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    percysunshine Gold Member

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    Sure I can. What idiot would expand their business if they expected the government was going to appropriate it the following quarter or year?
     

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