corporate profits and jobs

[percysunshine]

So there are only 54,000 morons out of 6 Billion people on the planet. Some how, that gives me comfort.

Whether they are morons are not is immaterial. GM is making money and hiring workers to build the Volt. That's what counts.

I wonder if the first people who bought Model T's were considered morons?

The Model A buyers were the true adventurists.

 

[percysunshine]

They have the profits to hire people with.

They should hire some people if they dont want their taxes to go up.

If they want to prove to this country we can solve this mess without raising their taxes then get to hiring.

So your model of proper governance is basically fascism?

 

[Mr Natural]

They don't need us anymore.

 

[Truthmatters]

They have the profits to hire people with.

They should hire some people if they dont want their taxes to go up.

If they want to prove to this country we can solve this mess without raising their taxes then get to hiring.

So your model of proper governance is basically fascism?

No its cooperation between all Americans.

If you and me have a responsibility to do whats right for America so do they.

 

[iamwhatiseem]

Man...people just don't get it.

1) You buy foreign made items...you create jobs overseas.
2) You constantly choose price of a product above all other values - you are demanding those "evil" corporations to cut cost (by primarily shipping jobs overseas for cheaper labor)
3) You can't get beyond partisan bickering and pointing fingers - you are THE reason the same idiots and criminals are elected over and over.
4) You have the entire course of human history to show you that governments, when heavily involved in commerce and labor, have never - not once - shown that they can create AND maintain improved living conditions for the populace over an extended period of time - in fact the opposite is true in every single case all over the world.

 

[percysunshine]

They have the profits to hire people with.

They should hire some people if they dont want their taxes to go up.

If they want to prove to this country we can solve this mess without raising their taxes then get to hiring.

So your model of proper governance is basically fascism?

No its cooperation between all Americans.

If you and me have a responsibility to do whats right for America so do they.

Still sounds alot like Italy in the 1930s.

 

[Truthmatters]

So you think the corps should be considered citizens but have NO REASON to help this country move forward?

 

[percysunshine]

So you think the corps should be considered citizens but have NO REASON to help this country move forward?

I think repeating an obvious mistake should be avoided.

 

[CrusaderFrank]

They have the profits to hire people with.

They should hire some people if they dont want their taxes to go up.

If they want to prove to this country we can solve this mess without raising their taxes then get to hiring.

So your model of proper governance is basically fascism?

Yes we Can!

 

[CrusaderFrank]

Now you see why Stalin, Hitler, Mussolini and FDR were all such economic heroes of American Progressives.

 

[dilloduck]

They don't need us anymore.

They really don't need any more laborers in the US. Jobs,skills and products that once were in demanded are obsolete.

 

[IndependntLogic]

...corporations are making the biggest profits ever and look at those workers...

It's hard to tell if you're joking or not following Obama's BEA numbers. Jobs and the economy are important so all kidding aside here's reality as admitted by Obama's official Economic Analysis:

Corporate profits down.

Corporate taxes paid up.

Corporate pay to workers up.

MSNBC lies.

Where exactly did you get "corporate profits down".
Not from the source you cite. Nor Forbes. Nor BusinessWeek, nor the Wall Street Journal nor....

 

[Flopper]

A boom in corporate profits, a bust in jobs - Business - Stocks & economy - msnbc.com



Where are the jobs guys?

Hey dopey,

GE made a lot of profit but found it economically expedient to take a lot of their business "off shore."

Are any warning bells starting to go off, yet, in your little mind? Probably not.

WHY, o' why, would GE find it expedient to take so much of their business "off shore?"

Could it be the ridiculous desire of our government to take more and more of the wealth produced by corporations and the massive miasma of petty ass and endless regulatory requirements? Hm.

And when companies DO elect to go "off shore," the government's ability to capture that portion of their "income" is a boatload more difficult -- which makes the company able to RETAIN a significantly larger portion of the wealth they have produced.

Now, where do you suppose the JOBS -- that go along with those decisions -- go?

If you'd stop your liberal mooing for a while, you MIGHT come to STOP seeing corporations and "big business" as an enemy of "the people," you socialist-spewing mindless drone.

If you actually give a shit about people having jobs worthy of the name, MAYBE you dolts should STOP being so anti-business in the first damn place.

I think US corporate taxes need to be restructured. Rates need to be lowered and a lot of loopholes that encourage offshore investment and assignment of profits generated in the US to tax free havens abroad need to be eliminated. However GE is certainly not suffering from the US tax burden. For 2010 GE had 5.1 billion dollars in profits derived from US sales and paid zero taxes. In fact they have 3.2 billion dollars in tax write offs that will carry forward into 2011.

GE's extraordinary success is based on an aggressive strategy that mixes fierce lobbying for tax breaks and innovative accounting that enables it to concentrate its profits offshore. G.E.’s giant tax department, led by a bow-tied former Treasury official named John Samuels, is often referred to as the world’s best tax law firm. Indeed, the company’s slogan “Imagination at Work” fits this department well. The team includes former officials not just from the Treasury, but also from the I.R.S. and virtually all the tax-writing committees in Congress.

http://www.nytimes.com/2011/03/25/business/economy/25tax.html?pagewanted=all

 

[code1211]

A boom in corporate profits, a bust in jobs - Business - Stocks & economy - msnbc.com



Where are the jobs guys?

Well for starters you should read your own stories rather than jumping on a headline that makes you like an idiot.
If you would have read the article you would have known that MOST of the corporate growth has been...wait for it...overseas. Not in America.
Secondly, when the government injects $100's billions of our money with no strings attached into the system - corporations can earn profits off of American tax money rather than American labor.
Also, companies learned through downsizing that they didn't need as many people as they thought they did....then there is technology that is increasingly doing what people did before.
And the government, no matter how much they borrow and give away - can't change any of this.

Does anyone else find it odd that in every area of life from our own homes to the highest pinnacles of industry, we are accomplishing far more with fewer man hours committed?

That is, except for the government.

In government, all of the force multipliers somehow result in added expense and added people and added hours worked to accomplish what they always do.

Very little.

Why does the government use the same tools as the private sector but somehow avoid the benefits that the tools are designed to create.

Is it possible that the Liberals in government think it is their responsibility to create jobs while the Private sector guys think their responsibility is to create results?

 

[code1211]

Business appears to be doing what people and Government should have been. Saving for a rainy day.

The Big 0 as a rain maker? We need to redefine the term.

 

[code1211]

They have the profits to hire people with.

They should hire some people if they dont want their taxes to go up.

If they want to prove to this country we can solve this mess without raising their taxes then get to hiring.

So, to be clear, you are saying that citizens do NOT have any property rights whatsoever.

In your understanding of the world, the citizen only has the right to create wealth for the greater good and not for individual advancement.

Is there anything that is mine? Is there anything that the government cannot, on a caprice, simply confiscate?

 

[code1211]

They have the profits to hire people with.

They should hire some people if they dont want their taxes to go up.

If they want to prove to this country we can solve this mess without raising their taxes then get to hiring.

So your model of proper governance is basically fascism?

No its cooperation between all Americans.

If you and me have a responsibility to do whats right for America so do they.

And if they don't, these people need to be punished. Correct?

The people that you intend to punish have an ability to create wealth. What happens when the punishments you recomend stop them from continuing to create wealth? Do you know how to create wealth?

Are you a person that will commit all of your wealth to a single idea and roll the dice committing your life, time, wealth and home to the gamble that you can make a living as an owner?

I suspect you are not. If you chase away the talented and the gifted, we are left with the losers. Are these the folks that you are betting will save the day?

 

[editec]

...And neither will tax cuts make them hire. What will motivate businesses to hire is the potential to make money on new hires...

Why wouldn't tax cuts improve that "potential to make money on new hires"?

The fact that corporation have more doubgh to invest does not mean that consumers have more money to buy, does it?

Just because you're sitting on cash to invest in a business doesn't mean the sage businessman expands his business.

He expands his business when the market calls for expansion.

Seriously, A-Pat, this isn't obvious to you?

You are one of the brighter lights on the USMB christmas tree and still that isn't obvious?

 

[expat_panama]

...Where exactly did you get "corporate profits down".
Not from the source you cite...

You were supposed to click on the links before saying that. Here's a screenshot of a table you can get from the website I linked to:

profits down

taxes up

worker pay up

The problem we got in communicating is that I see profits, pay, and taxes as a money/numbers thing and not a party hack thing.

 

[Dont Taz Me Bro]

If increased profits dont make them hire how is more tax cuts going to make them hire?

Why would they hire people they don't need? Businesses don't exist to employ you. Employment is a byproduct of their existence.