What?
Why do you do this? It just makes you look petty or ignorant.
It's what is known as a concept. Conceptually, the 23% of our workforce out of work are making the same wages they would be if they were working and being charged at a 100% tax rate. They have no income.
The same conceptual method can be used to state that those who are working and making 50% of what they used to, are now being taxed at a 50% tax rate. They only have 50% of the income they used to have.
This is not to imply the government is actually taxing them, or receving revenue, but when it comes to the disadvantages these potential workers experience due to free trade and other influnences on the economy, the outcome is the same as stated above.
There are great things associated with Free Trade. I also think there can be devistating things associated with it as well.
The same can be said of govenrment policy, illegal immigration, and other issues that impact our economy.The financial crisis that was foisted off on the American public was devistating. These things all contribute to what is going on in the nation, and it isn't good.
Okay it’s not taxes, but it works out to no income and severely lessened income. Why is that of no concern to you?
I'm concerned that big government is ruining our economy.
So am I. It goes far beyond the Free Trade issue too. Obama has done just about everything he can to destroy jobs. He killed the pipeline to Canada. He has devistated the coal industry. On and on it goes, with this guy playing the lead role in Dumb and Dumber, the White House years.
I bring up the issue of lopsided trade and illegal immigration raving our workforce, and you actually have the gall to take me on rather than admit we have a massive problem on our hands.
I admit 20 million illegals is a huge problem. Deport them now. Build a wall. And then cut corporate taxes and idiotic regulations, especially Obamacare, and watch jobs grow.
I believe that would help. It certainly wouldn't hurt.
As for the Free Trade part of it, I want to support Free Trade as much as I can. The problem is, we have massive problems right now. Incentivise companies to employ people in the United States. Our national debt is expanding because our tax base has taken such a hit. And yet, the government can't see any reason to help entice jobs back here. If a nation is going to effectively charge us 30-40% tariffs on our goods going into their nation, then cut them off. Tell them to change it, or else.
I would rather pay a bit more for the goods I buy, if it's going to put the Johnson family down the street back on the payroll. They will be making income. They will be spending in the community. The government won't have to hand out food stamps and welfare. The Johnsons will have pride in what they earned and bought with their own money. The kids won't have to feel like they're a bunch of societal rejects. The government will see it's tax base expand, and the national debt growth will slow.