“Robert Reich: The Great Decopling of Corporate Profits from Jobs”
I didn’t realize they were ever copled...
Nasty, mendacious little svartalf.
Rush is right. We need to export liberalism. Why do anything in America when the government will just put its boot on your neck and take it away?
I ain’t rich...but so far, I have laid off two guys from a small business, fired a gardener and his two helpers, a pool guy, cut up many credit cards, dropped AARP like a hot rock, moved my insurance, gone to a cash basis in both personal and business matters wherever possible and no longer subscribe to any lefty newspapers. So to recap, as more of us do this, the unemployment will grow.
What does this dumb POS think I will do, sell my house and car to keep employing people? As the cuts keep coming, who does this ahole think is going to suffer more, me or them?
And why do they always refer to “the rich” as if it is some permanent condition?
I and many people I know who own businesses have had up and down years, lean times and now hard times. Screw this idiot and all of his lefty buddies who think taxing is the way out. The dumbest SOB on the planet can see this coming.
Print more money, keep paying off your layabout constituency and bring back the good old days of Carter economics. I won’t give a shite by then; I’ll be out of it and I will have helped cause it OUT OF CHOICE.
No, we bought it to save union (primarily UAW) jobs and retiree payments. Since the advanced technology center in China is primarily engineering instead of bolt turners it is non-union and therefore of no concern.
Robert Reich is shocked, shocked that U.S. corporations move overseas in order to avoid paying U.S. corporate taxes, shocked again that government (our) tax money used to bail-out one of these companies results in the money going overseas, and issues a dire warning to supply-siders not to consider cutting corporate taxes.
Well well, Dr. Simon Pritchett speaks!
And not just reliable paychecks: for those of us who have been fortunate enough to keep our paychecks, we need to see the wealth (the value of our assets) that we had accumulated over a lifetime restored...along with the ability to acquire credit with our assets. Even those of us with paychecks have cut back dramatically — and not just from timidity — but because we simply do not have the wealth we had a few short years ago. We will buy and invest again when we have the means to do so...the paycheck allows us to make it from month to month, it’s the destroyed wealth that needs to be returned (how about some tax cuts so our monthly income is enough to allow us to build wealth again?)
Mini-Bob longs for a Hillary! presidency and a second lap around Wash DC.
Yeah, well, so far Obama hasn't forced them to buy more expensive health care for technology. I'm sure he's working on it, though.
What do those Marxists imagine that Capitalists do with those evil profits? Pour them down a black hole?
We’re going to have a huge demand for nursing home care, elder care, home services. As Baby Boomers drop out of the work force with age, even if their jobs are not filled, caring for them will create jobs.
There ought to be a law forcing. themto hire.
If Reich's buddies confiscated it all, it would leave this year's deficit around $500 billion.
This cannot go on, and the rats expect to pay for it with our freedom.