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Old 09-01-2011, 08:19 AM
 
Location: Here.
15,454 posts, read 14,016,181 times
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+2 for you Phillip T!

One for addressing the topic in the article and not being sidetracked by other issues not even related to the article.

And one for suggesting the best solution to the problem raised in the article and which, unfortunately, the author never even bothered to consider.
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Old 09-01-2011, 08:38 AM
 
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Quote:
Originally Posted by bobtn View Post
I'd only want tariffs short-term to prompt China to let their currency float. We should be able to compete otherwise. I can tell you mfg is far more relevent and sustaining in RTW than closed shop states, and it goes to the fact the other costs, taxes , utilities, etc..are also better controlled.

But tariffs matter less than this quarterly mentality where long-term means next quarter, and the exec team will be gone the first time a quarter comes in below expectations.
I am even easier than that.

Just put a dynamic tariff on imbalanced trade.

Make Zero = Zero at the end of the day, week, month, year.

When things are balanced (which was never the intent and is the lie and myth behind the Great Globalony) the tariffs = zero. If anyone abuses the system, they get burnt. Not rocket science and total dynamic, so no reactive politics have to be involved.

No accumulated debts, and no "delta" of a tax-free mark-up/mark-down at the border.

But you follow who would have to die under that model?

The Transnational Corporations who make their profit and living on that "delta" and banks who live on the interest of our accumulated debts.

---------------

The quarterly panic you are observing is a symptom of the problems -- not so much a cause. The short-term thinking causes a whole layer of other problems, but it is not the root cause. It sprang up from the larger system failures.

You follow why the businesses are scrambling for next month's / next quarter's cash? Because they are all scrambling to create cash-flow on an over-all losing system.

Overall the US businesses are playing musical chairs, as markets and customers are wiped out in the sinking debt of Globalony.
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Old 09-01-2011, 08:43 AM
 
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Originally Posted by Retroit View Post
+2 for you Phillip T!

One for addressing the topic in the article and not being sidetracked by other issues not even related to the article.

And one for suggesting the best solution to the problem raised in the article and which, unfortunately, the author never even bothered to consider.
You understand it has been actively (mis)educated out of the Business Class and Political Class?

These folks are actively and intentionally mis-educated dummies.

But it is no accident. If the author had put it, the editor would have taken it out.
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Old 09-01-2011, 08:48 AM
 
Location: Here.
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Quote:
Originally Posted by Philip T View Post
You follow why the businesses are scrambling for next month's / next quarter's cash? Because they are all scrambling to create cash-flow on an over-all losing system.
Bingo! Why should manufacturers plan for long term when they know that they will be undersold by foreign manufacturers in due time? Instead they rearrange the deck chairs on the sinking S.S.America with the intention of jumping ship at the last minute and being rescued by the S.S.Asia, on which they will serve as some consultant or Vice President of North American Operations.
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Old 09-01-2011, 08:52 AM
 
Location: Here.
15,454 posts, read 14,016,181 times
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Quote:
Originally Posted by Philip T View Post
You understand it has been actively (mis)educated out of the Business Class and Political Class?

These folks are actively and intentionally mis-educated dummies.

But it is no accident. If the author had put it, the editor would have taken it out.
Yes, that is true. Tariffs must not be mentioned. Free trade will solve all problems. A Harvard MBA will provide all you need to know.
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Old 09-01-2011, 12:54 PM
 
Location: NJ
18,668 posts, read 18,079,192 times
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Actually, Phillip, the short-term thinking is an even bigger job destroyer and truthfully, a long-term corp destroyer totally related to the way execs are rewarded first by their corp, and secondly by a tax system that fails to tax stock option gains as ordinary income. If that issue were fixed, we would not see options en masse.
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Old 09-01-2011, 05:44 PM
 
48,508 posts, read 88,440,292 times
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Bascailly as long as demand can be met by present work force meployers are not going to hire and take a hit on their biggest cost factor ;labor. It amonts to like70% and some will even be automating more;increasing computer service as labor cost is scheuled to go up with helkthcare bill coming onto effect 2014. that is why exemption are being given to it. The governamnt accountig i=office just relased the number on insurance average cost by employer average over 13000 per employee per year.
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Old 09-01-2011, 06:21 PM
 
Location: NJ
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Not 70 in mfg, Usually no more than 15 with benefits. I say that having worked For 3 Fortune 1000 multi-bill annual rev headquarters in Financial Planning mgmt. Exception would be old D-3 which most likely hit low 20s. Figuring 35 percent minimum margins, only 65 cents is cost, and close to 1/2 that minimum is material.
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Old 09-01-2011, 07:01 PM
 
5,409 posts, read 10,330,114 times
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Quote:
Originally Posted by bobtn View Post
Actually, Phillip, the short-term thinking is an even bigger job destroyer and truthfully, a long-term corp destroyer totally related to the way execs are rewarded first by their corp, and secondly by a tax system that fails to tax stock option gains as ordinary income. If that issue were fixed, we would not see options en masse.
I do not really tend to view major US Corporations as rather desirable nor even that broad of employers. And like large trees in the rain forest -- when they go down, it gives room to grow for the younger, new trees.

That was a Major Failure of bailing out the major banks. Most held asset values WAY beyond their insured deposits, and if the Feds had let them fail, new, small and better banks could have came up. Same with Government Motors.

But towards your point of whether stock options (and many other "unearned" income sources) should be taxed as income -- of course. Even make them all subject to Social Security for all I care. THAT would go a long way towards balancing that system.

Meanwhile ALL the rest of US are harmed by the "Open Borders" (for Transnational Corps, Banks, and Illegal Aliens, only).

Tariff. Game(s) Over.
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Old 09-02-2011, 06:35 AM
 
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i read the article, which looks like a GE advisor pushing yet more propaganda, while we are looted in all directions by the big business/government kleptocracy. (and yes, little businesses are being looted too)

here is what is going on:

The American capitalist way | The Stump

The Institute researched the 100 U.S. corporations that shelled out the most last year in CEO compensation and found that corporate outlays for CEO compensation — despite the lingering Great Recession — are rising.


Employment levels have barely rebounded from their recessionary lows. Top executive pay levels, by contrast, have rebounded nearly all the way back from their pre-recession levels.

This contrast shows up starkly in the 2010 ratio between average worker and average CEO compensation. In 2009, we calculate, major corporate CEOs took home 263 times the pay of America’s average workers. Last year, this gap leaped to 325-to-1.

Among the nation’s top firms, the S&P 500, CEO pay last year averaged $10,762,304, up 27.8 percent over 2009. Average worker pay in 2010? That finished up at $33,121, up just 3.3 percent over the year before.
.
The report says that no tax-dodging strategy over recent years has filled U.S. corporate coffers more rapidly than the “offshoring” of corporate activity to tax havens in low-or-no-tax jurisdictions. Eighteen of the 25 firms highlighted in this study operate subsidiaries in offshore tax haven jurisdictions. The firms, all combined, had 556 tax haven subsidiaries last year.

yes, that is right- executive compensation is rising EVEN FASTER than before. they know the SHTF and they are pulling as much money out of the economy as they can. there is no INVESTING it back-just STEALING.

the poor steal from the middle class (we're needy!) and the rich steal from the middle class (because we can!), and the middle class will not be able to absorb the losses much longer.

if anybody thinks tax increases will hurt the ultra rich in this administration they are dreaming.

i used to be against tariffs because i saw it as yet another tax on the middle class but seriously at this point i don't know what else we can do to save our industries from all the corruption that is going on. i still think an honest decent administration would go a lot further to helping this country. i still think mandatory prominant product labeling for american goods would certainly help a lot. i think americans do want to buy american goods, but just don't take the time to read where the items are coming from that they purchase. you can buy american goods all over this country if you look.

Last edited by floridasandy; 09-02-2011 at 06:53 AM..
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