It's interesting to note that China's government officials usually come from engineering backgrounds, while most US politicians are lawyers.
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Donald Trump Tells Tim Cook He'll Offer Apple 'Very Large Tax Cut' to Make Products in America
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It's interesting to note that China's government officials usually come from engineering backgrounds, while most US politicians are lawyers.
China said they would match our tariffs. All US exports will be affected. What then?
Yeah, all the people with marketable skills are just sitting around on welfare these days.
Silly....
Tax cuts for select, mostly large companies, are inherently unfair to everyone else and are basically "corporate welfare" paid for by taxpayers.
Also, robotization is here and any new plants will employ far fewer people. There is a reason why Foxconn is investing so heavily in robotics -- even cheap labor force is less efficient than a machine.
A "robot" can work 24/365 without a break and without asking for a raise, or risking charges of underage employment or unfair labor practices. It matters little to a company like Apple if the "robots" are placed in China or the US.
This "very large tax cut" is a handout to Apple and inherently unfair to the smaller, local companies, which don't have the money to invest in robotization and may, ironically, be employing more actual people than future Apple plants.
Many of them would rather collect welfare than work. After 2009, I met many with advanced graduate school degrees content with collecting unemployment.
Yeah, just disgraceful.
http://www.msnbc.com/rachel-maddow-show/unemployment-rate-drops-below-5-reaches-8-year-low
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oh stop it. such nonsense. Like there are hordes of people turning down $80k jobs for $25k in welfare.
Stop what? I am recalling the people I met who after 2009 were content collecting welfare for 1-2 years. It's not that hard to imagine. It's tempting to take 1-2 years off work to spend time with the family. I think if given that option, many normal people would love to spend time with their families.
Neither unemployment nor welfare go on indefinitely.
If there's some massive entitlement program out there that enables people to do nothing (other than government employment), I haven't seen any indication of it.
Not a single person believes you know multiple people with advanced degrees who did that, nor does anyone believe many such people would prefer welfare to work. It's a dark lie told by the right wing to justify not helping to take care of people who, through no fault of their own, hit hard times.
I'm only referring to the people I met after 2009 who were on the extended unemployment benefits program.
Unfair is great? Trump is going to make the rich richer and the poor poorer, that's the bottom line.
Uh, yes there are people I actually knew who did this after 2009. Frankly, I agreed with their decisions then. We all had very young children and I couldn't blame them for wanting to spend time with their babies. I'm not sure why this repulsed you. I find it a pretty normal behavior to want 1-2 years off if one has young kids. Child care costs are high, wages low, and the arithmetic after 2009 seemed reasonable to take 1-2 years with reduced income but without childcare costs to spend time raising one's young kids.
If you don't believe that this occurred, then that's fine since you do not know me.
I agree with you, but also take into account the way the unemployment rate is computed... so take those figures with a big grain of salt.
Yes, the world economy is slowly crawling out of a deep recession, but things are far from peachy.
In 4 to 8 years we're going to have a new president. Perhaps a return to another globalist like we've had for the last 8. And with that being the case, the next pres might do away with our newly elected's policies and encourage offshoring again.
Yup, he knows business so much that 6 of his companies went bankrupt.
What's the alternative? Consumers getting tax cuts? Then we would pay 3x more for consumer goods which would offset our tax cuts anyway.
Even if the company was paying zero taxes, how would they avoid raising prices on the products just from the difference in wages between overseas and here? Bringing back manufacturing jobs sounds good all else being equal, but not if prices go way up, or if Trump tries to lower the minimum wage.
Please define disgraceful. Unemployment rate is at all time LOW in my lifetime and I'm over 40.
I think we buy more of their stuff than they do ours. Our labor force will be employed and theirs won't. I'm at the point where I'll pay more to F-China and other countries that make crap goods.
Read the chart, which covers 3 years of an 8 year presidency. Are you purposefully spinning this or was it just pure ignorance? Do you think that the economy of 2009 is from Obama policies? Have you ever taken government or economics at uni?