Should Apple Help U.S. Government?

Discussion in 'Politics, Religion, Social Issues' started by applefan289, Sep 30, 2011.

  1. applefan289 macrumors 68000

    Joined:
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    USA
    #1
    Apple has more cash than the U.S. government, so how about forking over some billions just to help them at a time of need? Without the U.S. government, Apple would have never been! So cough up some dough Apple dudes, you'll make even more bucks once the economy improves!
     
  2. localoid macrumors 68020

    localoid

    Joined:
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    Location:
    America's Third World
    #2
    If Apple decides to go for the OP's idea...

    This guy would be great in a commercial telling people how to get "free" money from Apple.

    [​IMG]
     
  3. lbro macrumors 6502a

    lbro

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    Jan 22, 2009
    #3
    Even if they would it wouldn't be nearly enough. Not near...
     
  4. Peace macrumors Core

    Peace

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    #4
    Apple may have a lot of cash but it pales in comparison to the U.S. debt.
     
  5. likemyorbs macrumors 68000

    likemyorbs

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    #5
    Yeah, i don't even know how a question like this can be asked. Apple's wealth is measured in billions, the US is in trillions of dollars.
     
  6. boss.king macrumors 68040

    boss.king

    Joined:
    Apr 8, 2009
    #6
    They had more money than the US govt for a very brief period of time, back when the govt was not allowed to borrow any more. That's all changed now. Let's not let this become one of those myths...
     
  7. Zerozal macrumors 6502

    Joined:
    Apr 3, 2009
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    PA
    #7
    Take a look at the actual numbers and do some math.

    The US Federal Budget (for FY2010) is about 3.5 trillion dollars. That means the US government spends about $9.5 billion every day. Apple's total accumulation of cash and cash equivalents is around $76 billion. Therefore, if Apple gave the US Government their entire cash pile, it would fund the government for a whole 8 days.

    So, Apple may have "a lot" of money, but it wouldn't even make a dent in the federal budget.
     
  8. thewitt macrumors 68020

    thewitt

    Joined:
    Sep 13, 2011
    #8
    There is only one fix for the debt. Stop spending money... Just like you and I and every successful business has to do.

    Morons run the country, and the system is likely irreparable...
     
  9. boss.king macrumors 68040

    boss.king

    Joined:
    Apr 8, 2009
    #9
    It's simple when you say it like that. In reality they have a lot to consider. How would the public feel if the govt stopped improving roads, didn't give welfare to those in need, slashed police and fire department funds?

    It's going to take a looong time for the US to recover (if they ever can) and the voting public seem to expect it to happen in a few years, and will probably vote out anyone who can't do it in that time.
     
  10. Mak47 macrumors 6502a

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    Location:
    Harrisburg, PA
    #10
    Apple and other large companies already generate billions of dollars in tax revenues for the US and other governments every single year...

    Their employees pay income taxes, the corporation pays numerous taxes and fees on their revenue and property (which are all passed on to consumers), customers pay sales taxes or have VAT and import duties passed on to them, not to mention the sales tax that the company pays whenever it purchases products or materials.

    Apple gives the government enough money already. As do all the rest of us. The US government is like a relative with a gambling addiction--at some point you just have to stop giving them money, they just piss it all away.
     
  11. thewitt macrumors 68020

    thewitt

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    Sep 13, 2011
    #11
    Its simple. You cannot tax your way to recovery, and government spending NEVER generates real revenue since the government never creates anything.

    Cutting spending does not mean cutting road maintenance and fire services. Cutting emergency services is just a scare tactic.

    Cut all non essential government services. Cut back to what we spent in the 1960s, adjusted for inflation. The country functioned quite well thank you without the trillions in government spending we have today.

    Cut all government jobs programs. It did not work for the WPA, they are not working now.

    Welfare is so out of control that it's become a generational entitlement which is just flat embarrassing. Want welfare? Make it workfare. There are plenty of examples in the rest of the world to learn from. Free money is just plain stupid.

    Regan made the cuts and hard decisions to recover from the Carter years. We've not had any politicians capable of making the hard decision since.
     
  12. jnpy!$4g3cwk macrumors 65816

    jnpy!$4g3cwk

    Joined:
    Feb 11, 2010
    #12
    Actually, until the Reagan tax cuts, debt/GNP had dropped for decades and was quite low. Raising taxes back to where they were (when inflation starts to rise -- not right now with massive unemployment) will do the same as it did 1946-1981-- restore the country to fiscal health. The system is irreparable only if people (like you and me) are unwilling to pay taxes.
     
  13. thewitt macrumors 68020

    thewitt

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    #13
    Not without spending cuts. Massive spending cuts.
     
  14. iJohnHenry macrumors P6

    iJohnHenry

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    #14
    Not even considering the poor AAPL investor, saving all their pennies from the equivalent of ~26 stock splits over the years.

    I think they might prefer to vote for the issuance of a dividend, or perhaps another split? :rolleyes:
     
  15. applefan289 thread starter macrumors 68000

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    Aug 20, 2010
    Location:
    USA
    #15
    OK no one wants to pay more to the government, but in a crisis the most successful and rich corporations and individuals should voluntarily step in. Look at it this way, just the advertising and marketing money of large corporations could solve the problem. Do we really need more commercials at millions a pop to tell us Apple's the best, or what burger we gotta have now, etc?
     
  16. iJohnHenry macrumors P6

    iJohnHenry

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    #16
    Voluntarily? At your behest you mean!!

    The Government has taken on the task, albeit under some duress, of bailing-out failing corporations (Banks, GM, etc), but that does not mean that successful companies should be "asked" to bail-out failing Government.

    No way!!! :mad:

    Vote some different buggers in, if you wish, or even can. :rolleyes:
     
  17. applefan289 thread starter macrumors 68000

    Joined:
    Aug 20, 2010
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    USA
    #17
    OK then while we're all peacefully enjoying these forums let's hope there isn't a government shutdown because then it'll be every man for himself and you better hold on to your Apple (the products, cuz the stock will be worthless, like the dollar)!
     
  18. iJohnHenry macrumors P6

    iJohnHenry

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    #18
    Correct.

    To do otherwise is to reward Corporations, and their lobbyists, for stealing the Republics' democracy, for their own purposes.

    Holy crap, I think I might be becoming the World's eldest Anarchist. :eek:
     
  19. kavika411 macrumors 6502a

    kavika411

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    Alabama
    #19
    I'm going to go out on a limb, and guess that you vote Democrat.
     
  20. Peterkro macrumors 68020

    Peterkro

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    Communard de Londres
    #20
    Presumably your not as old as say Noam Chomsky (he's 82 ) an Anarchist a lot of people have heard off (there are many many more).
     
  21. applefan289 thread starter macrumors 68000

    Joined:
    Aug 20, 2010
    Location:
    USA
    #21
    Well maybe Apple should be the government. Think about it, everything would be efficient and productive and there would be lots of blue-shirts asking helpful questions and it would be raining money every day and .....
     
  22. localoid macrumors 68020

    localoid

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    #22
    If you really want to think about it, read Huxley's Brave New World, substituting "Jobs" for "Ford" within the book's text.
     
  23. iJohnHenry macrumors P6

    iJohnHenry

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    #23
    True, you are correct in your presumption. :p

    I am aware of him, and have seen him speak, via the Internet.

    Hard to refute.
     
  24. quasinormal macrumors 6502a

    Joined:
    Oct 26, 2007
    Location:
    Sydney, Australia.
    #24
    The USA might be a bit big. Greece might be more suitable.

    One more thing- iGreece and iGreeks.
     
  25. MorphingDragon macrumors 603

    MorphingDragon

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    #25
    Capitalism works until you need Socialism to bust it out of a tough spot.

    /Troll Bait
     

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