Republican debates/primaries.

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ernest_t_bass's avatar
ernest_t_bass
Posts: 24,984
Jan 21, 2016 8:26am
In my opinion, we are where we are simply because of greed, but such is the capitalistic way. If a business makes $50 billion, they MUST make $51 billion the next year. We are where we are because more, more, more.
like_that's avatar
like_that
Posts: 26,625
Jan 21, 2016 8:35am
ernest_t_bass;1777146 wrote:In my opinion, we are where we are simply because of greed, but such is the capitalistic way. If a business makes $50 billion, they MUST make $51 billion the next year. We are where we are because more, more, more.
I don't see the problem with wanting to make more money. The majority of us do it with our jobs, why do you think it would change at the highest level? I hate how Bernie (and many others) are building a culture where you should be ashamed of making a lot of money.
ernest_t_bass's avatar
ernest_t_bass
Posts: 24,984
Jan 21, 2016 8:39am
like_that;1777152 wrote:I don't see the problem with wanting to make more money. The majority of us do it with our jobs, why do you think it would change at the highest level? I hate how Bernie (and many others) are building a culture where you should be ashamed of making a lot of money.
It is what it is. I'd consider myself pro-capitalism... I'm just stating what I think the problem is. If a business could make $10 billion by staying the US, but could make $15 billion by moving overseas, most would choose to move overseas for the extra $$$. In reality, $10 billion is more than enough probably, but more, more, more will always cause the businesses to move no matter what.
SportsAndLady's avatar
SportsAndLady
Posts: 35,632
Jan 21, 2016 8:39am
like_that;1777152 wrote:I don't see the problem with wanting to make more money. The majority of us do it with our jobs, why do you think it would change at the highest level? I hate how Bernie (and many others) are building a culture where you should be ashamed of making a lot of money.
For god sake, this!
SportsAndLady's avatar
SportsAndLady
Posts: 35,632
Jan 21, 2016 8:41am
ernest_t_bass;1777154 wrote:It is what it is. I'd consider myself pro-capitalism... I'm just stating what I think the problem is. If a business could make $10 billion by staying the US, but could make $15 billion by moving overseas, most would choose to move overseas for the extra $$$. In reality, $10 billion is more than enough probably, but more, more, more will always cause the businesses to move no matter what.
That's awful logic. Where do you draw the line? Do you say well if you can make $1B here but $2B overseas, it's okay to move your jobs overseas? You're not pro capitalism if you want our government to intervene and say they must bring their business back to the states.
C
Con_Alma
Posts: 12,198
Jan 21, 2016 8:42am
ernest_t_bass;1777154 wrote:It is what it is. I'd consider myself pro-capitalism... I'm just stating what I think the problem is. If a business could make $10 billion by staying the US, but could make $15 billion by moving overseas, most would choose to move overseas for the extra $$$. In reality, $10 billion is more than enough probably, but more, more, more will always cause the businesses to move no matter what.

The business exists to increase shareholder equity. I'm not suggesting that they shouldn't be socially responsible in doing so but they do have an obligation to make decisions that benefit the shareholders.
ernest_t_bass's avatar
ernest_t_bass
Posts: 24,984
Jan 21, 2016 8:43am
SportsAndLady;1777158 wrote:That's awful logic. Where do you draw the line? Do you say well if you can make $1B here but $2B overseas, it's okay to move your jobs overseas? You're not pro capitalism if you want our government to intervene and say they must bring their business back to the states.
Show me where I said I want govt. intervention. I gave my opinion on what I think has lead to this (greed). Show me where I said it. I'll wait.
ZWICK 4 PREZ's avatar
ZWICK 4 PREZ
Posts: 7,733
Jan 21, 2016 9:23am
like_that;1777139 wrote:Well the discussion turned into Bernie sanders and your defense of him, thus why the conversation surrounded you. I take this response as you either deflecting because you can't handle the heat of your logic, or you know if you were a business owner raising the minimum wage would not work.

I've provided my views plenty of times, and you responded in a smug manner. That is your schtick though. The tl;dr version of it is less government, less regulation, and if the government were to regulate how about incentive businesses instead of going out of their ways to fine them. States do it all the, thats a major reason why NCR moved from Dayton (Dayton's last fortune 500 company) to Georgia.
What all regulations would you like to see us get rid of?
ZWICK 4 PREZ's avatar
ZWICK 4 PREZ
Posts: 7,733
Jan 21, 2016 9:29am
like_that;1777141 wrote:And raising the min wage will just decrease jobs, increase prices at businesses, and ultimately encourage businesses to leave. It especially is going to be a complete failure when you have people purposely working only part time hours so they can still collect unemployment, which allegedly is already being done in Seattle.

You can always suck up your pride and bring the businesses back. Most US businessmen would be happy to bring back their business to the states.
Yeah it's a matter of sucking up your pride and bringing jobs back. It's that easy. We'll just have Americans work for a quarter a day and no benefits and no safety regs and no environment regs. How do you plan on combating that little issue? How much sucking do you plan on doing to convince businessmen that paying a factory working in America $12 an hour will be so worth more than paying a Chinese worker pennies? You make it sound so easy. So let's hear it.
ZWICK 4 PREZ's avatar
ZWICK 4 PREZ
Posts: 7,733
Jan 21, 2016 9:31am
Con_Alma;1777159 wrote:The business exists to increase shareholder equity. I'm not suggesting that they shouldn't be socially responsible in doing so but they do have an obligation to make decisions that benefit the shareholders.
Not all businesses have shareholders. So that blows this idea out of the water. Businesses exist to provide product and or services and make a profits. Publically traded businesses exist to make as much money as possible. Which is why we are where we are right now with unemployment.
C
Con_Alma
Posts: 12,198
Jan 21, 2016 9:45am
ZWICK 4 PREZ;1777180 wrote:Not all businesses have shareholders. So that blows this idea out of the water. Businesses exist to provide product and or services and make a profits. Publically traded businesses exist to make as much money as possible. Which is why we are where we are right now with unemployment.
Private businesses have shareholders too. Sole proprietors have a share holder too. LLCs have shareholders too. What business doesn't have a shareholder that impacts the economy? They are an exception not the rule.
SportsAndLady's avatar
SportsAndLady
Posts: 35,632
Jan 21, 2016 9:46am
ernest_t_bass;1777160 wrote:Show me where I said I want govt. intervention. I gave my opinion on what I think has lead to this (greed). Show me where I said it. I'll wait.
Lol how else would we bring back jobs from overseas?
Q
QuakerOats
Posts: 8,740
Jan 21, 2016 9:56am
ZWICK 4 PREZ;1777069 wrote:I support a candidate who supports a 15 dollar minimum wage because our businesses have left an entire generation with minimum wage service jobs and our economy will fucking suck of we don't have people who can afford anything. So yeah. We need to give people money so they can afford to buy things. That's how our economy works after all.
Who the hell is "We". If you want to pay somebody $15 an hour to wash dishes, then open your own God damn restaurant and do it ............... see how long you last.


We have the highest corporate income tax rate in the world and that is why over $2 trillion in offshore profits are where they are - overseas. We have the greatest amount of regulation in the world, and that is the other reason there is $2 trillion of profit sitting overseas. And now, you want to add insult to injury and force job creators to pay $15/hour in industries where you will go broke in 6 six months trying to do so, and then no one will have a job. Brilliant. Absolutely brilliant.
ZWICK 4 PREZ's avatar
ZWICK 4 PREZ
Posts: 7,733
Jan 21, 2016 10:06am
Con_Alma;1777181 wrote:Private businesses have shareholders too. Sole proprietors have a share holder too. LLCs have shareholders too. What business doesn't have a shareholder that impacts the economy? They are an exception not the rule.
You're not disputing anything. Not every business has shareholders to answer to. More cases than not in America , the owner is the only person who has shares in their company. Their sole jobs is to provide a product or serviceable to make enough money to stay in business.
ZWICK 4 PREZ's avatar
ZWICK 4 PREZ
Posts: 7,733
Jan 21, 2016 10:08am
QuakerOats;1777184 wrote:Who the hell is "We". If you want to pay somebody $15 an hour to wash dishes, then open your own God damn restaurant and do it ............... see how long you last.


We have the highest corporate income tax rate in the world and that is why over $2 trillion in offshore profits are where they are - overseas. We have the greatest amount of regulation in the world, and that is the other reason there is $2 trillion of profit sitting overseas. And now, you want to add insult to injury and force job creators to pay $15/hour in industries where you will go broke in 6 six months trying to do so, and then no one will have a job. Brilliant. Absolutely brilliant.
We have the highest corporate tax rate but one of the lowest effective tax rates. If you don't realize this then either you're a liar or just ignorant.
C
Con_Alma
Posts: 12,198
Jan 21, 2016 10:09am
ZWICK 4 PREZ;1777188 wrote:You're not disputing anything. Not every business has shareholders to answer to. More cases than not in America , the owner is the only person who has shares in their company. Their sole jobs is to provide a product or serviceable to make enough money to stay in business.
??? I wasn't trying to dispute anything. I asked a question. Their sole purpose is to make money ,yes. How they do it varies...providing a product or service is one way but they exists to make money. Doing so can increase the equity value to the owner or share holder. It's why they are in business.
ernest_t_bass's avatar
ernest_t_bass
Posts: 24,984
Jan 21, 2016 10:11am
SportsAndLady;1777183 wrote:Lol how else would we bring back jobs from overseas?
I'm sure there are a number of different ways. I guess government intervention is one of those ways. But I never called for it, or said it was needed. I'm just pointing that out... don't spin words, and shit.
SportsAndLady's avatar
SportsAndLady
Posts: 35,632
Jan 21, 2016 10:11am
ZWICK 4 PREZ;1777188 wrote:More cases than not in America , the owner is the only person who has shares in their company.
Can't see how that is true..most companies are funded by a general partner(s), capital investor(s), a loan from a bank, etc. They may not have "shares" but they are definitely people people who care how successful the business is and can directly benefit or suffer depending on that success.
ernest_t_bass's avatar
ernest_t_bass
Posts: 24,984
Jan 21, 2016 10:12am
ZWICK 4 PREZ;1777178 wrote:Yeah it's a matter of sucking up your pride and bringing jobs back. It's that easy.
And being OK with making less money. Not being regulated to. Just being OK with it.
ZWICK 4 PREZ's avatar
ZWICK 4 PREZ
Posts: 7,733
Jan 21, 2016 10:13am
SportsAndLady;1777195 wrote:Can't see how that is true..most companies are funded by a general partner(s), capital investor(s), a loan from a bank, etc. They may not have "shares" but they are definitely people people who care how successful the business is and can directly benefit or suffer depending on that success.
What are percentages of small businesses vs large corporations in America?
C
Con_Alma
Posts: 12,198
Jan 21, 2016 10:15am
ZWICK 4 PREZ;1777198 wrote:What are percentages of small businesses vs large corporations in America?

...heavily weighted towards small businesses.
SportsAndLady's avatar
SportsAndLady
Posts: 35,632
Jan 21, 2016 10:15am
ernest_t_bass;1777194 wrote:I'm sure there are a number of different ways. I guess government intervention is one of those ways. But I never called for it, or said it was needed. I'm just pointing that out... don't spin words, and shit.
I'm not spinning words. Most would just assume by wanting corporations to move assets and production to the states that would require the government to do so.
ZWICK 4 PREZ's avatar
ZWICK 4 PREZ
Posts: 7,733
Jan 21, 2016 10:17am
Con_Alma;1777200 wrote:...heavily weighted towards small businesses.
Exactly. And would you say there are more small businesses with no share holders or businesses with shareholders in america?
ernest_t_bass's avatar
ernest_t_bass
Posts: 24,984
Jan 21, 2016 10:19am
SportsAndLady;1777201 wrote:I'm not spinning words. Most would just assume by wanting corporations to move assets and production to the states that would require the government to do so.
One of the ways I feel the government could intervene is to provide tax breaks to businesses who build in tUSA, and perhaps tax the shit out of products coming back into tUSA, regardless of where HQ his. The "breaks" would be the biggest benefit. The govt. would not be directly taxing all business, rather giving them the choice.
C
Con_Alma
Posts: 12,198
Jan 21, 2016 10:19am
ZWICK 4 PREZ;1777204 wrote:Exactly. And would you say there are more small businesses with no share holders or businesses with shareholders in america?

Every small business has a shareholder. The owner itself may be the only person who holds the stock in the business or full ownership of the company so I guess my answer would be there are more businesses with shareholders than not.

Why do you ask?