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...Average earnings for full-time federal workers in March 2009 were $74,403...
Oh, so the problem is that the economy is just fine, but that businesses just won't hire anyone? The scary part is that he actually thinks that's how it is
U.S. companies are sitting on two trillion dollars of our tax cuts which were intended, at least according to rightwngnuts, to trickle down from the "job creators".
that money, less operating reserves and business expansion costs, should go to hiring. so i'd modify the president's comments to that extent, but as politifact says:
Still, no matter how you slice the data, the Federal Reserve statistics show that companies are holding on to much more cash and liquid assets than they have in years past, so Obama's broader point is valid. It was also presented in general enough terms -- "$2 trillion sitting on their balance sheets" -- that it is defensible as an accurate figure. But to the extent Obama's statement implies companies could readily invest that entire amount of money, it is misleading. Less the amount needed to meet regular business expenses, the amount on the balance sheet that could be used to invest in business expansion (including hiring new workers) is actually much smaller. And so we knock Obama's statement down a notch to Mostly True.
PolitiFact | Obama says companies have nearly $2 trillion sitting on their balance sheets
Oh, so the problem is that the economy is just fine, but that businesses just won't hire anyone? The scary part is that he actually thinks that's how it is
U.S. companies are sitting on two trillion dollars of our tax cuts which were intended, at least according to rightwngnuts, to trickle down from the "job creators".
that money, less operating reserves and business expansion costs, should go to hiring. so i'd modify the president's comments to that extent, but as politifact says:
Still, no matter how you slice the data, the Federal Reserve statistics show that companies are holding on to much more cash and liquid assets than they have in years past, so Obama's broader point is valid. It was also presented in general enough terms -- "$2 trillion sitting on their balance sheets" -- that it is defensible as an accurate figure. But to the extent Obama's statement implies companies could readily invest that entire amount of money, it is misleading. Less the amount needed to meet regular business expenses, the amount on the balance sheet that could be used to invest in business expansion (including hiring new workers) is actually much smaller. And so we knock Obama's statement down a notch to Mostly True.
PolitiFact | Obama says companies have nearly $2 trillion sitting on their balance sheets
Mostly true! And, of course, the reason why they are sitting on so much cash is that the overall risk of doing business has increased. Any idea how Obama might be able to lower the risk of doing business?
Mostly true! And, of course, the reason why they are sitting on so much cash is that the overall risk of doing business has increased. Any idea how Obama might be able to lower the risk of doing business?
it's not about the risk of doing business. it's about outsourcing and intentional manipulation of the tax system.
if their were a risk of doing business, they wouldn't have that much cash stockpiled.
do you believe everything the corporatists tell you?
Companies are not going to go out and just hire people without a demand for their services. That does not make economic sense
Neither does continuing to give those companies tax incentives which they just keep as profit. If your company is not hiring Americans, why do we continue to give you breaks?
Oh, so the problem is that the economy is just fine, but that businesses just won't hire anyone? The scary part is that he actually thinks that's how it is
U.S. companies are sitting on two trillion dollars of our tax cuts which were intended, at least according to rightwngnuts, to trickle down from the "job creators".
that money, less operating reserves and business expansion costs, should go to hiring. so i'd modify the president's comments to that extent, but as politifact says:
Still, no matter how you slice the data, the Federal Reserve statistics show that companies are holding on to much more cash and liquid assets than they have in years past, so Obama's broader point is valid. It was also presented in general enough terms -- "$2 trillion sitting on their balance sheets" -- that it is defensible as an accurate figure. But to the extent Obama's statement implies companies could readily invest that entire amount of money, it is misleading. Less the amount needed to meet regular business expenses, the amount on the balance sheet that could be used to invest in business expansion (including hiring new workers) is actually much smaller. And so we knock Obama's statement down a notch to Mostly True.
PolitiFact | Obama says companies have nearly $2 trillion sitting on their balance sheets
More international companies will leave the US laying off Americans working for them. All Americans will pay higher taxes on oil and food and clothing....Companies building factories in other countries with cheap labor shouldn't be getting tax breaks. I would like to add that we, as a country, should impose an import tax on ALL GOODS manufactured outside of the United State...
More international companies will leave the US laying off Americans working for them. All Americans will pay higher taxes on oil and food and clothing....Companies building factories in other countries with cheap labor shouldn't be getting tax breaks. I would like to add that we, as a country, should impose an import tax on ALL GOODS manufactured outside of the United State...
We need to rethink this.
More international companies will leave the US laying off Americans working for them. All Americans will pay higher taxes on oil and food and clothing....Companies building factories in other countries with cheap labor shouldn't be getting tax breaks. I would like to add that we, as a country, should impose an import tax on ALL GOODS manufactured outside of the United State...
We need to rethink this.
Your only looking at one side. It would also provide an incentive for US based and foreign based companies to build more manufacturing plants in the united states as they would avoid the import tax by doing so.
I have bigger plans for this......i should have given you more details but i was just being quick.
The import tax would be named the "Debt tax" and be tied directly to our national debt. It would be legislated to expire the day we pay off the debt and the funds would be exclusively for paying the debt (no raiding it like social security)
Is this an offer?
Federal government is nations largest employer; average pay is
June 25, 2010 in General Comments | Tags: average federal pay, federal government employment, federal government largest employer
According to the Career Guide to Industries, 2010-2011 edition, Web page of the United States Office Bureau of Labor Statistics Web site, the United States government, which employs approximately 2 million civilians (not including intelligence agencies), is the nations largest employer. Average earnings for full-time federal workers in March 2009 were $74,403. The highest average for a specific job was $128,422 for General Attorney, while the lowest average for a specific job was Nursing Assistant at $34,728. The number of federal employees is predicted to increase by 10 percent during the period 2008 2018.
Federal government is nations largest employer; average pay is « Phil Hardwick From the Ground Up
Yeah - the Federal Government IS the largest employer. You are correct. Now, can you tell us what they produce that benefits us?
Thanks.
The government produces rulers & regulators who levy fines & collect taxes on people who compete against their friends. Their taxpayer backed guaranteed pensions, benefits & salaries rival the private sector by double. The US Government is the largest employer at 2 million. US Government pensioners are the worlds largest blood suckers. Funding their pensions & insurance benefits will break the USA & most of the planet because they hold & have invested in US dollars as the worlds reserve currency. Compare them to the worlds largest private employer WalMart. WalMart employs 1.8 million people & it's pensioners will not break the USA. WalMart provides us all valuable services.
More international companies will leave the US laying off Americans working for them. All Americans will pay higher taxes on oil and food and clothing.
We need to rethink this.
Your only looking at one side. It would also provide an incentive for US based and foreign based companies to build more manufacturing plants in the united states as they would avoid the import tax by doing so.
I have bigger plans for this......i should have given you more details but i was just being quick.
The import tax would be named the "Debt tax" and be tied directly to our national debt. It would be legislated to expire the day we pay off the debt and the funds would be exclusively for paying the debt (no raiding it like social security)
Import tax. Yeah.
Worked really well for Smoot-Hawley.
Next idea.
How about: we make it easier to create manufacturing jobs by decreasing the amount of OSHA and other regulations, which don't keep people safe anyway, reduce liability for workman's comp, and change product liability laws. Adding in a "training wage" that is below minimum would also be a great idea.
--and then get slammed with hikes on domestic taxes. International companies leaving the US avoid domestic and import taxes. Our current administration is protectionist (aka 'fair trade') and pro-taxhike. Right now International companies are leaving and new startups are opting for listing on the London exchange over the NYSE. The fact that the 'trade balance' has improved means imports fall as foreign companies kiss off US consumers. There are five million fewer people employed now than before the last presidential election.More international companies will leave the US laying off Americans working for them. All Americans will pay higher taxes on oil and food and clothing....Companies building factories in other countries with cheap labor shouldn't be getting tax breaks. I would like to add that we, as a country, should impose an import tax on ALL GOODS manufactured outside of the United State...
We need to rethink this.
Your only looking at one side. It would also provide an incentive for US based and foreign based companies to build more manufacturing plants in the united states as they would avoid the import tax by doing so...
All the tax cuts and all the de-regulating in the world is not going to change the fact that foreign workers will work for a fraction of what their American countertparts make.
