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So should a company keep locations that ARE NOT profitable, just to keep employees? With that model, the company wouldn't exist very long, and then ALL JOBS would be lost. But that is Progressive logic, isn't it?
No, people here have been building up and then tearing down strawmen related to the tax cut package that goes into effect next month.
For reference: Strawman Fallacy = substituting a person’s actual position or argument with a distorted, exaggerated, or misrepresented version of the position of the argument.
Strawman 1 - tax cut was guaranteed to mean more employees at exactly every employer in the US, and if even one company lays off even one employee, tax cuts do not work.
Strawman 2 - tax cut was guaranteed to trickle down according to Republican trickle down economics, and if there isn't more money in every US employee's hands right this minute, trickle down is a lie.
Strawman 3 - increase in corporate profit as a result of tax cut was guaranteed to only be used for more employees, and if companies do anything other than hire more employees with their higher profits, tax cuts are a lie.
I think that covers the major strawman themes bandied about in yet another fallacy laden anti-Trump thread.
Why aren't you posting about all the large corporations, and small businesses hiring during the Trump Administration, and the low unemployment rate?
The point is the economy is moving at the same pace it did before Trump -- job numbers specifically. 2.2 million added in 2017, 2.2 million added in 2016. Corporations are enjoying high profits...they didn't need more money. We did not need to increase the debt to 'stimulate' job growth.
that's the beauty of the Trump economy, there are plenty of well paying jobs for anyone not working as opposed to staying on unemployment for years while Obama was President.
Are there?
Where are they? Did the coal miners waiting for 45 to bring back their jobs get the memo?
Just yesterday someone noted that there are millions of job openings still because employers refuse to pay competitive wages.
So, which is it?
Should be easy enough to show us where all of these well-paying jobs are.
Because your side had no reservations about posting numerous threads about how great these tax breaks were going to be and how they were going to cause all of this wonderful hiring to happen. Why the outrage now , are you the only side that is permitted to post information ?
We all knew (well at least those of us with any sense) that those companies would grandstand and pretend they were going to use those tax cuts to hire more people and expand, but that they would actually use the money for other purposes. Just watch what you see over the next year and you will see that trickle down is a joke.
What they also won't tell you is that a lot of these jobs are part time so they don't have to provide benefits. Walmart touted their raise but closed a ton of Sam's Club and shortened hours. You get a raise and some get a bonus but we're cutting your hours as well.
The last job I had made everyone go to 12 hour shifts. The work week went from 40 hours to 36 hours and therefore everyone lost 4 hours of pay a week.
At&T has a merger with Time Warner on the table. The Justice Department has sued to stop it. If you were AT&T wouldn't you do just about anything to get that merger done? Maybe sing the praises of tax reform and hand out some crumbs to impress the rubes?
I agree that there is too much abuse with entitlements, especially disability, but the seniors could very well suffer from the deficit being blown up by this big beautiful permanent tax cut for the rich.
The point is the economy is moving at the same pace it did before Trump -- job numbers specifically. 2.2 million added in 2017, 2.2 million added in 2016. Corporations are enjoying high profits...they didn't need more money. We did not need to increase the debt to 'stimulate' job growth.
Obama increased the debt far more than all other Presidents COMBINED, and NOW you're worried about increased debt? That seems very hypocritical. What has Trump done to increase the debt, and don't say the tax cuts as they will grow the economy, and increase tax revenue.
Look at Apple, for example. They made lots of news about giving "bonuses" but what they actually did was give restricted stock options that employees likely have to be some percent vested to ever receive.
Sure it sounds goods in the media, but it ain't money in their pay checks, no way, no how.
Fun. I read an article. The layoffs are over a period of several years and seem to mostly involve supply chain efficiencies.
One of those ugly truths. Corporations exist to make money for share holders. BOTH the tax cuts AND the cost savings from the layoffs are going mostly to the share holders.
shocking I know. At least it does not look like offshoring and it does seem to include other countries in the 5500.
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