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Old 01-26-2009, 11:32 PM
 
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What's your understanding of this phrase?
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Old 01-26-2009, 11:36 PM
 
Location: Earth
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???
Why would poor person hire me? I do contract work with an inherently military focus.

Sounds like trolling, to me.
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Old 01-26-2009, 11:37 PM
 
Location: Dallas, TX
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That you lack necessary qualifications?
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Old 01-26-2009, 11:44 PM
 
7,404 posts, read 10,722,344 times
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Quote:
Originally Posted by chielgirl View Post
???
Why would poor person hire me? I do contract work with an inherently military focus.

Sounds like trolling, to me.
No some use that phrase to make an economic point.
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Old 01-26-2009, 11:46 PM
NCN
 
Location: NC/SC Border Patrol
21,195 posts, read 24,495,957 times
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I have also heard that you will never get rich working for someone else. So basically the person who owns the business will probably be making the most money.

A large percentage of the taxes paid in America this last year was from self employed people. So if you lost your job, think what kind of mousetrap you will be marketing in your new business. Don't wait for someone else to hire you, hire yourself.
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Old 01-26-2009, 11:59 PM
 
4,271 posts, read 14,857,648 times
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Quote:
Originally Posted by Motion View Post
What's your understanding of this phrase?
It means Pelosi is an idiot for pushing President Obama to repeal Bush's tax cuts. If you give the business owners a tax break, they will in turn use these breaks to create jobs and grow their businesses. Increase their tax, they may be less inclined to create these new jobs and expand. In a recession, I'm sure every penny counts.

Quote:
Originally Posted by NCN View Post
I have also heard that you will never get rich working for someone else. So basically the person who owns the business will probably be making the most money.
I disagree. I think the lack of saving money "will never get [you] rich".
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Old 01-27-2009, 12:02 AM
 
Location: Dallas, TX
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Quote:
Originally Posted by Motion View Post
No some use that phrase to make an economic point.
Oh, that one! Rich people hire overseas.
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Old 01-27-2009, 12:16 AM
 
21,024 posts, read 21,437,692 times
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Quote:
Originally Posted by foma View Post
It means Pelosi is an idiot for pushing President Obama to repeal Bush's tax cuts. If you give the business owners a tax break, they will in turn use these breaks to create jobs and grow their businesses. Increase their tax, they may be less inclined to create these new jobs and expand. In a recession, I'm sure every penny counts.



I disagree. I think the lack of saving money "will never get [you] rich".
Once again.....


WHERE are the jobs that bush allegedly created by giving the uber-wealthy a huge tax break?


Have you noticed the unemployment and unemployed numbers lately??
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Old 01-27-2009, 12:25 AM
 
29,912 posts, read 38,247,429 times
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Quote:
Originally Posted by Motion View Post
What's your understanding of this phrase?
And you are not going to be. Obama's plan is to funnel money to the rich privatized business owners for government contracts. The trickle down theory they say doesn't work. Others parts are just to directly hand them a check.

When you cry about where all the jobs now don't forget immigration and births increased over 20 million people from 2000 to now.

Between Census Day (April 1, 2000) and July 1, 2005,
the resident population of the United States grew from
281.4 million to 296.4 million, an increase of 5 percent.
During this period, 21.3 million U.S. residents
were born and 12.7 million died, creating a “natural
increase” of 8.6 million people. The net increase from
international migration (in-migrants minus outmigrants)
added another 6.3 million people.


http://www.census.gov/population/www/pop-profile/files/dynamic/PopDistribution.pdf (broken link)

There has been plenty of jobs created but there is most certainly a correction on the horizon. People will disembark for more prosperous opportunities. Some to other countries some to other states.
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Old 01-27-2009, 12:27 AM
 
Location: The Planet Mars
2,151 posts, read 2,499,294 times
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I think it's an old phrase that doesn't translate well into the present.

The vast majority of people are hired by corporations - not private individuals.

Keeping the tax rates on the rich unrealistically low does not lead to job growth - it didn't in the 1920s, it didn't during the past 8 years, it won't in the future.

Keeping tax rates low on corporations will help improve job outlooks... but don't be conned into the phrase in the OP...

If the last 8 years taught us anything - it's that reducing taxes on the rich is a sucker's bet - it's a giant shell game - one where the middle-class is 'had' big time...
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