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Not this again. It is very simple. Profits are up due to increased productivity, doing the same with fewer people (have you noticed the unemployment rate?). Not due to increased sales. It is not until sales increase that jobs will be produced. It is a pretty simple concept.
That's right! As is always the case with low employment, as sales increase, companies will hire more people to satisfy the demand. Not until then, will that hiring take place.
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,411,082 times
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Quote:
Originally Posted by roysoldboy
Maybe you could explain how those horrible corporations can expand so as to need more people before they know that they will not have to pay the second highest income tax rates in the world.
The purpose of a corporation is to make money for the share holders. How will we see that happening after the government takes over all corporate activity? I just don't understand.
For once I agree with you, you really don't understand. Just WHO ever proposed government taking over all corporfate activity? What people are damn tired of seeing/hearing is some bloated CEO crying "I'm hungry! " while holding a juicy drumstick in each hand and asking his taxes be made next to nothing in order to put a coupla hundred more drumsticks on ice.
If you had bothered to read the OP, you would have read that business made the highest profits last quarter than ever before in our history...WHERE WERE THE JOBS???
You must mean jobs for India and China...oh...okay.
OK I reviewed this already but one more time just for you. Those profits were due to increased productivity, people were fired and those left behind were expected to do more. Profits did not increase due to increased sales. It is only thorugh increased sales that employment will pick up. Get it?
That's right! As is always the case with low employment, as sales increase, companies will hire more people to satisfy the demand. Not until then, will that hiring take place.
Yes, but where will that hiring take place? You can bet it WON'T be here!
Americans are fools. Look at the responses to this thread. The denial of facsism in the USA is utterly astounding but expected with the distractions of rhetoric and technical perversion.
How can you expect them to see what they don't know?
Look right here on these boards. We have a HUGE number of people who don't know the difference between socialism, communism and fascism. In fact, a lot here regularly use the terms interchangably!
In the face of such abject ignorance, how you think The People will be able to oppose the forces of the Corporatocracy?
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,411,082 times
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Quote:
Originally Posted by shorebaby
OK I reviewed this already but one more time just for you. Those profits were due to increased productivity, people were fired and those left behind were expected to do more. Profits did not increase due to increased sales. It is only thorugh increased sales that employment will pick up. Get it?
And if, as often happens these days, those increased sales lead to more offshore jobs, those companies should be rewarded?
Of course it will. Do you expect 10% unemployment forever. Don't be afraid of globalization.
Really? Do you have any evidence to support that notion, or is it just wishful thinking?
And, by the way, the actual unemployment rate is far higher than 10%. The official statistics only consider those who are drawing, or have filed, for unemployment insurance. There are millions more who have run out of benefits or haven't filed at all. There's also the issue of the guy who was making $25 per hour until his job went to China and now works at McDonald's for 6 bucks. Technically, he's employed and is not counted among that 10%.
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,411,082 times
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Quote:
Originally Posted by shorebaby
They shouldn't be rewarded or penalized. But most of those jobs will remain right here. Have you heard the latest ADP number?
Manufacturing jobs cannot remain here when they're not here to start with. How many will be created here when the lure of the 'China price' is so strong?
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" while holding a juicy drumstick in each hand and asking his taxes be made next to nothing in order to put a coupla hundred more drumsticks on ice.
