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Sure he could do that unilaterally...get impeached AND trash the economy as the deficit goes up.
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2. allow energy exploration on federal lands
Fun fact-its gone up under his presidency I believe (correct me if im wrong)
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3. stop the war on coal
Coals been doing better then ever.
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4. reduce EPA regulations which increase the cost of business
5. abandon the notion of CO2 as a pollutant
Oh yes! Lets pollute our environment like China. No.
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6. enforce immigration laws (no more slave labor wages in the US)
He doesnt have the tools to do this real well. Again despite the rhetoric congress doesn't want to do anything about this, they just want to talk about it a lot.
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7. support national right to work laws
Yes because those work so much better. "right to work" just means "right to race to the bottom for income with no worker protections".
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8. cut corporate taxes
Responded to this one earlier.
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9. institute corporate consumption tax which rewards net exporters
See congress about this. I haven't researched it enough to say if its a good or bad plan, but it sounds interesting. By far the most interesting comment today
Good luck. Congress would have to go along, and theres too many vested business interests.
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11. Allow Keystone pipeline
replied to earlier.
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12. institute tort reform to reduce business costs
States which have instituted tort reform have not had reduced costs. They have had some pretty horrific stories for a few individuals that are hosed by it.
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13. abandon Obamacare
Sorry thats done and over with. Doing so now would make things worse.
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There you go
Thanks for the reply. While I disagree with some of it, for the most part I see people passing to Obama congress's job. And thats not right.
I also would thank you for reply #9 which sounds like something I should read up on.
3. Support inner city education by demanding standards that if the public schools don't meet, allow charter schools.
Little difference in performance charter vs. public schools across 26 states despite that some states allow students to be cherry-picked and/or expelled ( back to public schools) for disciplinary problems.
That won't help. Labor costs is why they offshore white collar. $45K (USD) is the annual salary of a high tech PdD in India. No corporate tax cut can offset that kind of labor cost.
Revenue is up. Operating income is down, but it looks like SG&A expenses went up faster than sales did. COGS are up too, but that is to be expected when sales go up.
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This is how Walmart was able to increase its diluted earnings per share for the nine-month period ended October 31, 2013 by 5.07% when net income only increased by 1.74% over the same period.
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American corporations spent a total of $500 billion buying back their own stock in 2013.
Because in theory, it will cause banks to loan more money out to spur economic activity. However, the private sector has been sitting on piles of cash and only getting richer. So much for trickle down in any sense.....
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Originally Posted by Loveshiscountry
sigh... If the supply/demand curve holds true when we have massive production shouldn't prices be going down? Didn't we see this in housing during the boom/bust in real estate? Couldn't have anything to do with the money supply could it? Free money.
Because one the world's largest producing region of the world (middle east) is under turmoil and has fallen production. If not for the US, then prices would be higher on the global marketplace.
Because in theory, it will cause banks to loan more money out to spur economic activity. However, the private sector has been sitting on piles of cash and only getting richer.
That's Obama's fault, as the Business Roundtable made quite clear, and I've already posted:
You don't like it? Get off your butt and tell Obama to stop incentivizing the rich to hoard wealth due to his anti-business and anti-economic growth policies.
Because in theory, it will cause banks to loan more money out to spur economic activity.
Bypassing the free market, causing mal investment, extending the weak economy and weakening the dollar. Governments theories stink for the working stiff.
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Originally Posted by dv1033
However, the private sector has been sitting on piles of cash and only getting richer. So much for trickle down in any sense.....
Well there really isn't any such animal as trickle down economics.
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Originally Posted by dv1033
Because one the world's largest producing region of the world (middle east) is under turmoil and has fallen production. If not for the US, then prices would be higher on the global marketplace.
So do you with the OP. Saudi Arabia isn't under turmoil is it? I wonder what percentage places like Syria and Libya produce?
You don't like it? Get off your butt and tell Obama to stop incentivizing the rich to hoard wealth due to his anti-business and anti-economic growth policies.
When the economic climate is not safe for companies to invest they wont.
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