Author Topic: Bernie Sanders and Economics  (Read 6480 times)

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Offline tp4tissue

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Bernie Sanders and Economics
« on: Sat, 05 March 2016, 09:50:05 »
Look.

Kids.... and yes, I'm specifically addressing you guys..

The world doesn't work like you think it works..


Let me explain why Bernie doesn't actually represent what you think he represents.


The Bernie sanders that says He's going to stop corporations from stashing funds off shore.


What are the actual implications of that.  Ask Vladimir Putin...


Vladimir Putin routinely seize the funds of Big Capitalists in his country.


He's able to do that not because of power/politics/corruption.

He's able to do that BECAUSE that money is IN THE DAMN COUNTRY.. he doesn't need the person with the name to those funds, he can just kill him and the money floats.



THis is the same in ANY country..  In the united states, we have a better system, because we can't routinely kill people, and it's generally harder to kill people..

HOWEVER, even our most power capitalists are EASILY compelled and puppeted by Political Washington.

This is quite simply because regardless of how large and powerful a capitalist estate may seem, it is miniscule next to the UNITED STATES OF AMERICA INCORPORATED..


The only way an independent capitalist has any protection, is by hedging bets overseas.. Otherwise anyday, he can be bent over by big Government..



Everyday, I understand that the Capitalist leaders take most of the gains for YOUR labors.. you're right, your boss gets the big piece, you get crumbs..


BUT,  if you allow Bernie to have his way,    Believe me, You'll get even LESS than crumbs.

Offline fohat.digs

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Re: Bernie Sanders and Economics
« Reply #1 on: Sat, 05 March 2016, 10:11:00 »
You should go back to talking about toilet paper.
"The Trump campaign announced in a letter that Republican candidates and committees are now expected to pay “a minimum of 5% of all fundraising solicitations to Trump National Committee JFC” for using his “name, image, and likeness in fundraising solicitations.”
“Any split that is higher than 5%,” the letter states, “will be seen favorably by the RNC and President Trump's campaign and is routinely reported to the highest levels of leadership within both organizations.”"

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #2 on: Sat, 05 March 2016, 10:12:12 »
The government is good..

Capitalism is good.

but the important part is balance of power..

When either systems have too much.. the populace suffers



Everything Bernie stands for is a MORE powerful government..

Money is everything..  health care.. etc,  all that is just lip-gloss, it sounds good, but the meat of all of his policies is capturing and strong arming capitalism..


There's a need to reign in capitalists, yes,  but not to such a degree..


If capitalists are not allowed to hedge bets.. they are then completely owned by the government..

This is major imbalance.

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #3 on: Sat, 05 March 2016, 10:16:27 »
I'm not saying anyone here is fundamentally a bad person.


Bernie, probably maybe even the best person ever..


HOWEVER,    the way in which he envisions control will not function properly in the long run..



Offline FLFisherman

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Re: Bernie Sanders and Economics
« Reply #4 on: Sat, 05 March 2016, 10:17:27 »
I'm not saying anyone here is fundamentally a bad person.


Bernie, probably maybe even the best person ever..


HOWEVER,    the way in which he envisions control will not function properly in the long run..

Please stop. Not even actual experts can make forecasts like that.  :(

Offline Bromono

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Re: Bernie Sanders and Economics
« Reply #5 on: Sat, 05 March 2016, 10:17:39 »
The government is good..

Capitalism is good.

but the important part is balance of power..

When either systems have too much.. the populace suffers

Capitalism without socialism is Fascism

Socialism without Capitalism is Communism

You need both of them to work with each other.

But I would personally take a capitalistic government with some socialist aspects than a socialist government with some capitalistic aspects.

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #6 on: Sat, 05 March 2016, 10:22:29 »
I'm not saying anyone here is fundamentally a bad person.


Bernie, probably maybe even the best person ever..


HOWEVER,    the way in which he envisions control will not function properly in the long run..

Please stop. Not even actual experts can make forecasts like that.  :(

I am giving a very general scope of what may happen.

I agree that it's crude..


But look at it this way..  the government is the largest corporation..

The capitalists, pay taxes, etc, to FUND the big boss.

but in THE VERY END,  BIG Government has the most power..


There is a point where this is harmful, because the government is so large, that it becomes economically inefficient.


This is why we need some independence in capitalism, because the smaller capitalist entities move faster and more efficiently..


No one here is at fault..   but Bernie's economics will make the government So incredibly unstoppable.. that it really will be ONE NATION under god..




Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #7 on: Sat, 05 March 2016, 10:24:31 »
The government is good..

Capitalism is good.

but the important part is balance of power..

When either systems have too much.. the populace suffers

Capitalism without socialism is Fascism

Socialism without Capitalism is Communism

You need both of them to work with each other.

But I would personally take a capitalistic government with some socialist aspects than a socialist government with some capitalistic aspects.

Of course,

there are good ideas in every camp..

and fundamentally,  we've always functioned as a amalgam..



But, the issue I'm talking about isn't not respecting anyone's ideas..


I'm merely saying.. that there are Major implications to cutting off the capitalist's ability to have SOME leverage in play with Washington..


If bernie is allowed to bring ALL THE MONEY HOME..  where's the leverage.. the US government has all the money..





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Re: Bernie Sanders and Economics
« Reply #8 on: Sat, 05 March 2016, 20:50:20 »
TP, you really need to talk about toilet paper or rice. Leave the social sciences to me. (I have just recently discovered the wonders of Deskauthority polls so I'm posting there.)
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Offline appleonama

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Re: Bernie Sanders and Economics
« Reply #9 on: Sat, 05 March 2016, 20:56:15 »
heres how I see it

trump = racist fascist

hilary = lel money monger

bernie = socialist extremist

I still tilt to the left
we lose either way
« Last Edit: Sat, 05 March 2016, 20:58:13 by appleonama »

Offline Waateva

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Re: Bernie Sanders and Economics
« Reply #10 on: Sat, 05 March 2016, 20:58:15 »
heres how I see it

trump = racist fascist

hilary = lel money monger

bernie = socialist extremist

I still tilt to the left

Only in America would Bernie be considered a "socialist extremist"
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Offline nubbinator

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Re: Bernie Sanders and Economics
« Reply #11 on: Sat, 05 March 2016, 21:11:08 »
People still worship Reagan here, so you can't expect much.

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #12 on: Sat, 05 March 2016, 23:22:23 »
heres how I see it

trump = racist fascist

hilary = lel money monger

bernie = socialist extremist

I still tilt to the left

Only in America would Bernie be considered a "socialist extremist"

I wouldn't say social extremist..

Because ultimately social welfare has very little impact on society and the way it organizes.

Our pyramid system will always be in place as long as the people sitting in the chair remain human..


Humans do not have the processing capacity to be totally objective, especially with respect to large data sets, that of entire nations.

Therefore a human leader relies on short hand rules..  These rules are responsible for the necessary subjugation of the majority.. Otherwise there can be-not ubiquitous decision..



Now, what bernie is,  is a nice guy.. wants all the right things for people..


But he is an optimist to a fault,  and does not really care about balance of power.


He intends to RULE the capitalists. Thereby granting all the wishes of the populace.. That won't happen.. All he'll achieve with his economic policies which cripple capitalists is empower the current government so much, that politicians will make EVEN SLOWER progress in advancing society..


Big government is a problem, because it's BIG, not because the people in it are inherently bad..

In Large governments, NO ONE wants to take responsibility when something go south,  but if we step back,  in Every endeavor, there's that risk of failure.   SO the tried and true way of HOLDING the job,  is to sit and do nothing... poach credit where possible.. then finally Continue to sit and do nothing...

The capitalists don't have that option, because they can't collect taxes, and their survival depends on fulfilling desires of their clients, and the risk for them to do nothing is much too high..

We need them both, which is why there needs to be a balance in their ability to influence each other..

Under Bernie,  the reign is too tight.




Offline alexjd99

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Re: Bernie Sanders and Economics
« Reply #13 on: Sat, 05 March 2016, 23:30:07 »
heres how I see it

trump = racist fascist

hilary = lel money monger lel "let's just put really important **** on private servers lol"

bernie = socialist extremist

I still tilt to the left
we lose either way
FTFY  :p

Offline trenzafeeds

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Re: Bernie Sanders and Economics
« Reply #14 on: Sun, 06 March 2016, 10:52:15 »
Capitalism without socialism is Fascism

Socialism without Capitalism is Communism

I think when you're saying socialism you mean social democracy or social capitalism, which is like capitalism with a large number of social programs and public services (also called Scandinavian capitalism). Socialism and capitalism by nature cannot exist at the same time. Just because a select few of the means of production are owned by the government does not make a society a mix of socialism and capitalism, it's still capitalism, because that is how the economy is essentially functioning (with some degree of competition). Socialism is exclusively where all means of production are controlled by the government (which is in theory controlled by the workers), whereas communism is the end goal of socialism, where the government can be eliminated and control of production can be done solely by the workers.
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Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #15 on: Sun, 06 March 2016, 13:59:58 »
heres how I see it

trump = racist fascist

hilary = lel money monger

bernie = socialist extremist

I still tilt to the left

Only in America would Bernie be considered a "socialist extremist"

He intends to RULE the capitalists.

Where in the nine hells did you get this from.  All he wants to do is get corporations and the upper 1% to pay their fair share of taxes, close loopholes that allow these people to pay less tax dollars then the working class, and possibly penalize companies for moving jobs overseas. 

Please explain how this would be a bad thing.  With his plan in place, working class (~$100k and under house hold income) will see roughly 10% more money, and this is on top of another 13 million jobs generated.

Please explain how this would be bad for the economy.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #16 on: Sun, 06 March 2016, 15:05:20 »
heres how I see it

trump = racist fascist

hilary = lel money monger

bernie = socialist extremist

I still tilt to the left

Only in America would Bernie be considered a "socialist extremist"

He intends to RULE the capitalists.

Where in the nine hells did you get this from.  All he wants to do is get corporations and the upper 1% to pay their fair share of taxes, close loopholes that allow these people to pay less tax dollars then the working class, and possibly penalize companies for moving jobs overseas. 

Please explain how this would be a bad thing.  With his plan in place, working class (~$100k and under house hold income) will see roughly 10% more money, and this is on top of another 13 million jobs generated.

Please explain how this would be bad for the economy.



Let's say you're an independent business owner.

Now, the government, some corrupt guy, or just some bad people come to you for a large donation..

Do you give it to them ?  You don't want to right ?

However,  if your money is IN THE UNITED STATES,  they can compel you to do so, because there are means for government to freeze those funds, and make it very difficult for you to operate.

I know as an individual, you probably can't fathom this ever happening,  but large corporations deal with this kind of strong-arming all the time.


What these tax loopholes allow corporations to do, is shift money around, such that the government isn't able to completely Dominate their war-chest.



That money won't help the economy.. its ultimate use to corporations is leverage and independence..



I think Bernie, may indeed mean well when he says he wants to bolster our economy..   But the way in which he intends to do it, by closing tax loopholes is not how it should be done.


 

Offline FLFisherman

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Re: Bernie Sanders and Economics
« Reply #17 on: Sun, 06 March 2016, 15:12:25 »
heres how I see it

trump = racist fascist

hilary = lel money monger

bernie = socialist extremist

I still tilt to the left

Only in America would Bernie be considered a "socialist extremist"

He intends to RULE the capitalists.

Where in the nine hells did you get this from.  All he wants to do is get corporations and the upper 1% to pay their fair share of taxes, close loopholes that allow these people to pay less tax dollars then the working class, and possibly penalize companies for moving jobs overseas. 

Please explain how this would be a bad thing.  With his plan in place, working class (~$100k and under house hold income) will see roughly 10% more money, and this is on top of another 13 million jobs generated.

Please explain how this would be bad for the economy.



Let's say you're an independent business owner.

Now, the government, some corrupt guy, or just some bad people come to you for a large donation..

Do you give it to them ?  You don't want to right ?

However,  if your money is IN THE UNITED STATES,  they can compel you to do so, because there are means for government to freeze those funds, and make it very difficult for you to operate.

I know as an individual, you probably can't fathom this ever happening,  but large corporations deal with this kind of strong-arming all the time.


What these tax loopholes allow corporations to do, is shift money around, such that the government isn't able to completely Dominate their war-chest.



That money won't help the economy.. its ultimate use to corporations is leverage and independence..



I think Bernie, may indeed mean well when he says he wants to bolster our economy..   But the way in which he intends to do it, by closing tax loopholes is not how it should be done.

Please stop. This is not how it works, at all.  :(

Corporations are not "independent business owners." They are multi-billion dollar organizations with more pull than you could even begin to fathom. They are not being strong-armed or being asked for "large donations." They actually give these donations on their own in order to "buy" politicians. It's actually one of the major points of this election cycle.

Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #18 on: Sun, 06 March 2016, 15:22:26 »
heres how I see it

trump = racist fascist

hilary = lel money monger

bernie = socialist extremist

I still tilt to the left

Only in America would Bernie be considered a "socialist extremist"

He intends to RULE the capitalists.

Where in the nine hells did you get this from.  All he wants to do is get corporations and the upper 1% to pay their fair share of taxes, close loopholes that allow these people to pay less tax dollars then the working class, and possibly penalize companies for moving jobs overseas. 

Please explain how this would be a bad thing.  With his plan in place, working class (~$100k and under house hold income) will see roughly 10% more money, and this is on top of another 13 million jobs generated.

Please explain how this would be bad for the economy.



Let's say you're an independent business owner.

Now, the government, some corrupt guy, or just some bad people come to you for a large donation..

Do you give it to them ?  You don't want to right ?

However,  if your money is IN THE UNITED STATES,  they can compel you to do so, because there are means for government to freeze those funds, and make it very difficult for you to operate.

I know as an individual, you probably can't fathom this ever happening,  but large corporations deal with this kind of strong-arming all the time.


What these tax loopholes allow corporations to do, is shift money around, such that the government isn't able to completely Dominate their war-chest.



That money won't help the economy.. its ultimate use to corporations is leverage and independence..



I think Bernie, may indeed mean well when he says he wants to bolster our economy..   But the way in which he intends to do it, by closing tax loopholes is not how it should be done.

Please stop. This is not how it works, at all.  :(

Corporations are not "independent business owners." They are multi-billion dollar organizations with more pull than you could even begin to fathom. They are not being strong-armed or being asked for "large donations." They actually give these donations on their own in order to "buy" politicians. It's actually one of the major points of this election cycle.
Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.
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Offline Michael

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Re: Bernie Sanders and Economics
« Reply #19 on: Sun, 06 March 2016, 15:55:24 »
You should go back to talking about toilet paper.

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #20 on: Sun, 06 March 2016, 15:59:57 »

Please stop. This is not how it works, at all.  :(

Corporations are not "independent business owners." They are multi-billion dollar organizations with more pull than you could even begin to fathom. They are not being strong-armed or being asked for "large donations." They actually give these donations on their own in order to "buy" politicians. It's actually one of the major points of this election cycle.


There are corporations which are -that- powerful.

But consider the ones which are large enough to benefit from stashing funds off shores.. but not quite rich enough to actually control politics..

These corporations which are the startups and true generators of New ideas would be crushed by the system under Bernie.


That Interplay between corporation and politics is checks and balance..  but no off shore stashing gives the government too much..

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #21 on: Sun, 06 March 2016, 16:00:55 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..

Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #22 on: Sun, 06 March 2016, 16:03:45 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.
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Offline appleonama

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Re: Bernie Sanders and Economics
« Reply #23 on: Sun, 06 March 2016, 16:08:44 »
lol what is tp talking about?

I highly doubt Bernie can force corps to stop evading taxes by operating overseas. Unless there is some federal law put into place it is going to continue. Also they need to audit corps every week non stop.. too many loop holes and people will always take advantage of them.

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #24 on: Sun, 06 March 2016, 16:11:07 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.

Offline Bromono

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Re: Bernie Sanders and Economics
« Reply #25 on: Sun, 06 March 2016, 16:12:47 »
If Bernie becomes president he is going to need to battle the senate and congress (both republican and democrat) to get anything done.

None the less, this will be an interesting presidency

Offline appleonama

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Re: Bernie Sanders and Economics
« Reply #26 on: Sun, 06 March 2016, 16:12:51 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.

he said that he'd give small business a bigger tax break

Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #27 on: Sun, 06 March 2016, 16:13:10 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.
Those percentages only apply to profits over a fairly large amount.  In the '30s and '40 it was ~$400,000 iirc.  Now move that to today's dollars, and startups have a long way to go before they need to worry about that.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #28 on: Sun, 06 March 2016, 16:17:02 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.
Those percentages only apply to profits over a fairly large amount.  In the '30s and '40 it was ~$400,000 iirc.  Now move that to today's dollars, and startups have a long way to go before they need to worry about that.


Startups as in someone's keycaps business. .no nothign to worry about,   but most startups that actually has a shot, are medium sized, and they can get near the million dollar barrier very quickly.. and that is when all their momentum becomes weakened if viable tax loopholes are not exploited..


The big established corporations are not the ones I'm worried about, even though in principle, I believe they should be allowed off shore stashing,   but they're going to find a way regardless of the rules..


But it is bad for everyone -in the middle-... where innovation is FASTEST... 

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Re: Bernie Sanders and Economics
« Reply #29 on: Sun, 06 March 2016, 16:21:19 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.
Those percentages only apply to profits over a fairly large amount.  In the '30s and '40 it was ~$400,000 iirc.  Now move that to today's dollars, and startups have a long way to go before they need to worry about that.


Startups as in someone's keycaps business. .no nothign to worry about,   but most startups that actually has a shot, are medium sized, and they can get near the million dollar barrier very quickly.. and that is when all their momentum becomes weakened if viable tax loopholes are not exploited..


The big established corporations are not the ones I'm worried about, even though in principle, I believe they should be allowed off shore stashing,   but they're going to find a way regardless of the rules..


But it is bad for everyone -in the middle-... where innovation is FASTEST...
If your company is making a million in legit profits that is no longer a startup.  At that point the taxes barriers are incentive to pay employees a decent wage (reduces gross profits), expand the business (again reduces gross profits), or pay Uncle Sam.  The higher taxes are only paid on profits over that dollar amount, not on all profits.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #30 on: Sun, 06 March 2016, 16:28:50 »

If your company is making a million in legit profits that is no longer a startup.  At that point the taxes barriers are incentive to pay employees a decent wage (reduces gross profits), expand the business (again reduces gross profits), or pay Uncle Sam.  The higher taxes are only paid on profits over that dollar amount, not on all profits.

It'd be easier, if you showed No profit.. see ?

Offline Waateva

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Re: Bernie Sanders and Economics
« Reply #31 on: Sun, 06 March 2016, 16:29:02 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.
Those percentages only apply to profits over a fairly large amount.  In the '30s and '40 it was ~$400,000 iirc.  Now move that to today's dollars, and startups have a long way to go before they need to worry about that.


Startups as in someone's keycaps business. .no nothign to worry about,   but most startups that actually has a shot, are medium sized, and they can get near the million dollar barrier very quickly.. and that is when all their momentum becomes weakened if viable tax loopholes are not exploited..


The big established corporations are not the ones I'm worried about, even though in principle, I believe they should be allowed off shore stashing,   but they're going to find a way regardless of the rules..


But it is bad for everyone -in the middle-... where innovation is FASTEST...
If your company is making a million in legit profits that is no longer a startup.  At that point the taxes barriers are incentive to pay employees a decent wage (reduces gross profits), expand the business (again reduces gross profits), or pay Uncle Sam.  The higher taxes are only paid on profits over that dollar amount, not on all profits.

I'm not sure tp quite understands how corporate taxes work.
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Re: Bernie Sanders and Economics
« Reply #32 on: Sun, 06 March 2016, 16:36:44 »
I think tp is a dirty capitalist pig who works for big china corp and wants people to vote for capitalist pig leaders
(jk, sorta)

Offline xtrafrood

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Re: Bernie Sanders and Economics
« Reply #33 on: Sun, 06 March 2016, 17:30:10 »
So no one is thinking "aw, it's Bernie, let him have four years c'mon" ?
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Re: Bernie Sanders and Economics
« Reply #34 on: Sun, 06 March 2016, 17:46:04 »
So no one is thinking "aw, it's Bernie, let him have four years c'mon" ?

I am. It would be the first breath of fresh air we have had since Theodore Roosevelt, but that required the McKinley assassination.
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Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #35 on: Sun, 06 March 2016, 18:02:31 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.
Those percentages only apply to profits over a fairly large amount.  In the '30s and '40 it was ~$400,000 iirc.  Now move that to today's dollars, and startups have a long way to go before they need to worry about that.


Startups as in someone's keycaps business. .no nothign to worry about,   but most startups that actually has a shot, are medium sized, and they can get near the million dollar barrier very quickly.. and that is when all their momentum becomes weakened if viable tax loopholes are not exploited..


The big established corporations are not the ones I'm worried about, even though in principle, I believe they should be allowed off shore stashing,   but they're going to find a way regardless of the rules..


But it is bad for everyone -in the middle-... where innovation is FASTEST...
If your company is making a million in legit profits that is no longer a startup.  At that point the taxes barriers are incentive to pay employees a decent wage (reduces gross profits), expand the business (again reduces gross profits), or pay Uncle Sam.  The higher taxes are only paid on profits over that dollar amount, not on all profits.

I'm not sure tp quite understands how corporate taxes work.

To be fair, I don't think the IRS understands corporate taxes.
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Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #36 on: Sun, 06 March 2016, 18:32:53 »

Exactly.  This is a major reason I like Bernie.  Every large donation the Bernie has ever gotten from a major corporation, as a feeble attempt to "buy" him, gets donated to charity.

Again.. I'm not saying Bernie is a bad guy..  But there will be serious repercussions to disallow off shore stashing of funds..
So what is the downside of that?

Also, on companies and getting "strong armed", what say you about Carrier getting a $5.1million tax cut, and within weeks announcing that they are moving ALL production and distribution to Mexico.  Putting 7k plus people out of a job.

Carrier will do that regardless..


Strong armed,  is when the government wants 30%-50% of your earnings..  Maybe very large corporations, this is ok,   but for startups.. that is a major barrier.
Those percentages only apply to profits over a fairly large amount.  In the '30s and '40 it was ~$400,000 iirc.  Now move that to today's dollars, and startups have a long way to go before they need to worry about that.


Startups as in someone's keycaps business. .no nothign to worry about,   but most startups that actually has a shot, are medium sized, and they can get near the million dollar barrier very quickly.. and that is when all their momentum becomes weakened if viable tax loopholes are not exploited..


The big established corporations are not the ones I'm worried about, even though in principle, I believe they should be allowed off shore stashing,   but they're going to find a way regardless of the rules..


But it is bad for everyone -in the middle-... where innovation is FASTEST...

Please explain how this is better than paying your workers a living wage, decent benefits, and a good retirement.  I pray you can come up with a good reason.

And I mean a good serious answer, not some bull**** TP politician say anything but answer the question type answer.
« Last Edit: Sun, 06 March 2016, 18:35:15 by Melvang »
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #37 on: Sun, 06 March 2016, 18:51:56 »

Please explain how this is better than paying your workers a living wage, decent benefits, and a good retirement.  I pray you can come up with a good reason.

And I mean a good serious answer, not some bull**** TP politician say anything but answer the question type answer.

That has very little to do with the off shore tax offset I'm worried about.

But the goal will always be to pay workers as little as possible.

And jobs will naturally become too expensive in our native economy, and move overseas.



There's a very good reason for this..


If we kept all of our jobs in developed countries, our products can't possibly be competitive with Other nations who peg their currency so low.


The fact that we have this minimum wage problem today, has nothing to do with Our American businessmen not WANTING to pay Americans a decent wage.

From the corporate standpoint , they simply can't..


AGAIN,  this issue is apart from the Tax issue..

The overseas stash has many functions as I've already mentioned..

Offline fohat.digs

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Re: Bernie Sanders and Economics
« Reply #38 on: Sun, 06 March 2016, 18:59:42 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Until the public successfully identifies who is doing it, and why, and makes up its collective mind to stop it, nothing will change.

If 51% of the American public would wake up, they could immediately see that they have the power to stop it and even reverse it.
 
"The Trump campaign announced in a letter that Republican candidates and committees are now expected to pay “a minimum of 5% of all fundraising solicitations to Trump National Committee JFC” for using his “name, image, and likeness in fundraising solicitations.”
“Any split that is higher than 5%,” the letter states, “will be seen favorably by the RNC and President Trump's campaign and is routinely reported to the highest levels of leadership within both organizations.”"

Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #39 on: Sun, 06 March 2016, 19:04:51 »

Please explain how this is better than paying your workers a living wage, decent benefits, and a good retirement.  I pray you can come up with a good reason.

And I mean a good serious answer, not some bull**** TP politician say anything but answer the question type answer.

That has very little to do with the off shore tax offset I'm worried about.

But the goal will always be to pay workers as little as possible.

And jobs will naturally become too expensive in our native economy, and move overseas.



There's a very good reason for this..


If we kept all of our jobs in developed countries, our products can't possibly be competitive with Other nations who peg their currency so low.


The fact that we have this minimum wage problem today, has nothing to do with Our American businessmen not WANTING to pay Americans a decent wage.

From the corporate standpoint , they simply can't..


AGAIN,  this issue is apart from the Tax issue..

The overseas stash has many functions as I've already mentioned..

That is total bull**** and you know it.  If this was true, then how can John Deere pay custodians $20 an hour plus benefits, mechanics close to $26 an hour plus benefits.  That is just one company.  How can they afford to pay union contractors what they charge for my labor.  I get billed out at over $100 an hour.  If this is truly how you feel, then I feel sorry for anyone you try and do business with.  If a company is making that much money and can't afford decent wages and benefits, there are only two reasons that can account for this.  ****ty business practices, or corporate greed.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #40 on: Sun, 06 March 2016, 19:06:22 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Until the public successfully identifies who is doing it, and why, and makes up its collective mind to stop it, nothing will change.

If 51% of the American public would wake up, they could immediately see that they have the power to stop it and even reverse it.
 


What don't you guys understand about the fact that this SHOULD happen.

Every developed economy has to do this, because internally costs are too high to remain competitive globally.

Offline fohat.digs

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Re: Bernie Sanders and Economics
« Reply #41 on: Sun, 06 March 2016, 19:10:00 »

the fact that this SHOULD happen.


Jesus, Toilet Paper for Tissue, I have tried to refrain from putting you back on my "ignore" list (by yourself, as usual) but you really need to go back to China with crap like that.
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“Any split that is higher than 5%,” the letter states, “will be seen favorably by the RNC and President Trump's campaign and is routinely reported to the highest levels of leadership within both organizations.”"

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #42 on: Sun, 06 March 2016, 19:13:52 »

That is total bull**** and you know it.  If this was true, then how can John Deere pay custodians $20 an hour plus benefits, mechanics close to $26 an hour plus benefits.  That is just one company.  How can they afford to pay union contractors what they charge for my labor.  I get billed out at over $100 an hour.  If this is truly how you feel, then I feel sorry for anyone you try and do business with.  If a company is making that much money and can't afford decent wages and benefits, there are only two reasons that can account for this.  ****ty business practices, or corporate greed.



They don't pay union contractors what's on the paper, my guess, much of that is states funding or some sort of laundering scheme..

Just like Insurance payments is not what's billed on paper. it's perhaps 1/10th

If you're uncertain why some payments don't make sense, odds are, fancy book-keeping.

Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #43 on: Sun, 06 March 2016, 19:57:49 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #44 on: Sun, 06 March 2016, 20:01:04 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...

The possibility of those jobs returning is there, but it's going to be quite distant, most likely past our lifetimes.

Labor cost, even in China is rising rapidly,  so the only left exploitable areas are India, south asia, then finally Africa..


The outsourcing will make its rounds until eventually we reach a world equilibrium.


Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #45 on: Sun, 06 March 2016, 20:04:09 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...

The possibility of those jobs returning is there, but it's going to be quite distant, most likely past our lifetimes.

Labor cost, even in China is rising rapidly,  so the only left exploitable areas are India, south asia, then finally Africa..


The outsourcing will make its rounds until eventually we reach a world equilibrium.

Not the same jobs, new ones most likely. It'll always be cheaper to do low-tech assembly stuff in developing countries. But it'll also be hard, or take a while, to unseat places like the US/Germany/Japan that have a hold of any higher-tech stuff like semiconductor manufacturing etc.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #46 on: Sun, 06 March 2016, 20:05:48 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...

The possibility of those jobs returning is there, but it's going to be quite distant, most likely past our lifetimes.

Labor cost, even in China is rising rapidly,  so the only left exploitable areas are India, south asia, then finally Africa..


The outsourcing will make its rounds until eventually we reach a world equilibrium.

Not the same jobs, new ones most likely. It'll always be cheaper to do low-tech assembly stuff in developing countries. But it'll also be hard, or take a while, to unseat places like the US/Germany/Japan that have a hold of any higher-tech stuff like semiconductor manufacturing etc.


Well, the fact that it costs 6 billion dollars to build a fab is the main barrier.. hahahahaha.

Offline fohat.digs

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Re: Bernie Sanders and Economics
« Reply #47 on: Sun, 06 March 2016, 20:06:52 »

Sucks that this is all zero-sum


It is not zero-sum at all.

Fortunately for Americans, those of us who shop at Wal-Mart get the cheap dish towels at the expense of 3rd world slave laborers, while the ultra-wealthy fork over no taxes to anyone on the money that they sock away in the secret hidey-holes of the never-never lands.

Maybe when Oklahoma City falls into a sinkhole or Miami disappears under the high tide people will finally start to take notice.
"The Trump campaign announced in a letter that Republican candidates and committees are now expected to pay “a minimum of 5% of all fundraising solicitations to Trump National Committee JFC” for using his “name, image, and likeness in fundraising solicitations.”
“Any split that is higher than 5%,” the letter states, “will be seen favorably by the RNC and President Trump's campaign and is routinely reported to the highest levels of leadership within both organizations.”"

Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #48 on: Sun, 06 March 2016, 20:09:25 »

Sucks that this is all zero-sum


It is not zero-sum at all.

See, I hate this trend of adding "/s" to sarcastic remarks, so I try to convey the irony as obviously as possible. I guess it just gets lost in text sometimes.
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Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #49 on: Sun, 06 March 2016, 20:10:28 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...

Personally, with a lot of stuff, I would rather pay 3 times the price (especially hand tools) if it means it is US made and a quality product.  I refuse to buy any tools from sears without extenuating circumstances.  Even hand tools that stay at home and not for work.


That is total bull**** and you know it.  If this was true, then how can John Deere pay custodians $20 an hour plus benefits, mechanics close to $26 an hour plus benefits.  That is just one company.  How can they afford to pay union contractors what they charge for my labor.  I get billed out at over $100 an hour.  If this is truly how you feel, then I feel sorry for anyone you try and do business with.  If a company is making that much money and can't afford decent wages and benefits, there are only two reasons that can account for this.  ****ty business practices, or corporate greed.



They don't pay union contractors what's on the paper, my guess, much of that is states funding or some sort of laundering scheme..

Just like Insurance payments is not what's billed on paper. it's perhaps 1/10th

If you're uncertain why some payments don't make sense, odds are, fancy book-keeping.

I think you are confused on what I actually do and who my contractors work for.  I work as a union millwright, and currently work for Weitz Industiral.  Granted Weitz is an international company with both union and non union sides of the company, but they don't mix those sides.  For example, they don't bid a job as union, then send the non union side to do the job to get more profits.  It just doesn't work that way.  4

Plus, I have only ever worked ONE job that was government money since I started working as a millwright in '07.  That one job, was flood recovery from the Flood of 2008 here in the midwest, image from the bridge in the city I was working in at that time.  So yes, when companies get a bill for my $100 per hour, that is what they pay, not the state, not the federal government.  I work inside of manufacturing facilities replacing, fixing, and installing machinery for the companies that MAKE products.  I do NOT work on bridges, roads, highways, or any other form of infrastructure, so in your infinite wisdom, where the hell does this state money come from.  The only possible source is from corporate subsidies, but the companies where I work at, pay their employees enough they don't need these.  Look at General Mills.  They don't want the union in there so they pay their employees BETTER than local union wages, including benefits.  Last I heard, couple 5 years ago, general line production workers make close to $30 an hour on the check, plus excellent benefits.  This practice I have no problem with, if a union isn't needed for workers to get good wages, working conditions, and benefits, then no issue.  But tell me how they NEED to ship jobs overseas in order to make a profit.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #50 on: Sun, 06 March 2016, 20:11:15 »

Sucks that this is all zero-sum


It is not zero-sum at all.

Fortunately for Americans, those of us who shop at Wal-Mart get the cheap dish towels at the expense of 3rd world slave laborers, while the ultra-wealthy fork over no taxes to anyone on the money that they sock away in the secret hidey-holes of the never-never lands.

Maybe when Oklahoma City falls into a sinkhole or Miami disappears under the high tide people will finally start to take notice.


All of those are inevitable events..

Because people behave selfishly..  Even if a few minds can be change the majority can not.


WHICH IS why the natural progression of our economy is as it is, and why I mention the imminent also natural shifts in labor distribution..

IT MUST happen the way it has..   No amount of government plotting will bring labor back here anytime soon..


You raise the minimum wage, do it,  and see MORE labor go overseas..

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #51 on: Sun, 06 March 2016, 20:16:37 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...

Personally, with a lot of stuff, I would rather pay 3 times the price (especially hand tools) if it means it is US made and a quality product.  I refuse to buy any tools from sears without extenuating circumstances.  Even hand tools that stay at home and not for work.


That is total bull**** and you know it.  If this was true, then how can John Deere pay custodians $20 an hour plus benefits, mechanics close to $26 an hour plus benefits.  That is just one company.  How can they afford to pay union contractors what they charge for my labor.  I get billed out at over $100 an hour.  If this is truly how you feel, then I feel sorry for anyone you try and do business with.  If a company is making that much money and can't afford decent wages and benefits, there are only two reasons that can account for this.  ****ty business practices, or corporate greed.



They don't pay union contractors what's on the paper, my guess, much of that is states funding or some sort of laundering scheme..

Just like Insurance payments is not what's billed on paper. it's perhaps 1/10th

If you're uncertain why some payments don't make sense, odds are, fancy book-keeping.

I think you are confused on what I actually do and who my contractors work for.  I work as a union millwright, and currently work for Weitz Industiral.  Granted Weitz is an international company with both union and non union sides of the company, but they don't mix those sides.  For example, they don't bid a job as union, then send the non union side to do the job to get more profits.  It just doesn't work that way.  4

Plus, I have only ever worked ONE job that was government money since I started working as a millwright in '07.  That one job, was flood recovery from the Flood of 2008 here in the midwest, image from the bridge in the city I was working in at that time.  So yes, when companies get a bill for my $100 per hour, that is what they pay, not the state, not the federal government.  I work inside of manufacturing facilities replacing, fixing, and installing machinery for the companies that MAKE products.  I do NOT work on bridges, roads, highways, or any other form of infrastructure, so in your infinite wisdom, where the hell does this state money come from.  The only possible source is from corporate subsidies, but the companies where I work at, pay their employees enough they don't need these.  Look at General Mills.  They don't want the union in there so they pay their employees BETTER than local union wages, including benefits.  Last I heard, couple 5 years ago, general line production workers make close to $30 an hour on the check, plus excellent benefits.  This practice I have no problem with, if a union isn't needed for workers to get good wages, working conditions, and benefits, then no issue.  But tell me how they NEED to ship jobs overseas in order to make a profit.

They NEED to ship jobs overseas to make MORE profit.

if you were the capitalist, you would do the exact same thing.

You're not fighting the people here, you're fighting OTHER capitalists. The game of which is already in play.


Your ideas about a fair world would only make sense if nothing was happening right now, and tomorrow we start making the RIGHT choices..

We can't do that any more,  the opportunity to do so does not exist.

if YOU DON'T ship jobs overseas,  SOME ONE ELSE WILL...  and unless Bernie can stop EVERYONE from doing it,   None of his good-wishes will come true..  Because the person who ships the job, will out-compete the ones who do not...

So the American loving pay everybody a great wage guy goes under..  you lose your job, then what.


He'll at best create a system that even more greatly benefit large corporations because it'd raise the barriers against smaller businesses without the money to pay for an elite accounting department.



Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #52 on: Sun, 06 March 2016, 20:20:12 »
Melvang, i think you misunderstand my point..


I'm not against people getting a better wage..  but it is not going to work as Bernie is saying..

People will need to get a better wage through moving towards jobs that are not currently exportable, and will be in demand in the future.


It's pretty much too late for a typical laborer at this point,  HOWEVER,  the laborer's children will go to school, and study hard, and pick something which will stick..

The wage gap will take generations..  Transcending several presidencies..



This notion that you will vote for someone, and in 10 years it will suddenly be better for you...

These economic lags actually take decades...

Offline Melvang

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Re: Bernie Sanders and Economics
« Reply #53 on: Sun, 06 March 2016, 21:32:12 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...

Personally, with a lot of stuff, I would rather pay 3 times the price (especially hand tools) if it means it is US made and a quality product.  I refuse to buy any tools from sears without extenuating circumstances.  Even hand tools that stay at home and not for work.


That is total bull**** and you know it.  If this was true, then how can John Deere pay custodians $20 an hour plus benefits, mechanics close to $26 an hour plus benefits.  That is just one company.  How can they afford to pay union contractors what they charge for my labor.  I get billed out at over $100 an hour.  If this is truly how you feel, then I feel sorry for anyone you try and do business with.  If a company is making that much money and can't afford decent wages and benefits, there are only two reasons that can account for this.  ****ty business practices, or corporate greed.



They don't pay union contractors what's on the paper, my guess, much of that is states funding or some sort of laundering scheme..

Just like Insurance payments is not what's billed on paper. it's perhaps 1/10th

If you're uncertain why some payments don't make sense, odds are, fancy book-keeping.

I think you are confused on what I actually do and who my contractors work for.  I work as a union millwright, and currently work for Weitz Industiral.  Granted Weitz is an international company with both union and non union sides of the company, but they don't mix those sides.  For example, they don't bid a job as union, then send the non union side to do the job to get more profits.  It just doesn't work that way.  4

Plus, I have only ever worked ONE job that was government money since I started working as a millwright in '07.  That one job, was flood recovery from the Flood of 2008 here in the midwest, image from the bridge in the city I was working in at that time.  So yes, when companies get a bill for my $100 per hour, that is what they pay, not the state, not the federal government.  I work inside of manufacturing facilities replacing, fixing, and installing machinery for the companies that MAKE products.  I do NOT work on bridges, roads, highways, or any other form of infrastructure, so in your infinite wisdom, where the hell does this state money come from.  The only possible source is from corporate subsidies, but the companies where I work at, pay their employees enough they don't need these.  Look at General Mills.  They don't want the union in there so they pay their employees BETTER than local union wages, including benefits.  Last I heard, couple 5 years ago, general line production workers make close to $30 an hour on the check, plus excellent benefits.  This practice I have no problem with, if a union isn't needed for workers to get good wages, working conditions, and benefits, then no issue.  But tell me how they NEED to ship jobs overseas in order to make a profit.

They NEED to ship jobs overseas to make MORE profit.

if you were the capitalist, you would do the exact same thing.

You're not fighting the people here, you're fighting OTHER capitalists. The game of which is already in play.


Your ideas about a fair world would only make sense if nothing was happening right now, and tomorrow we start making the RIGHT choices..

We can't do that any more,  the opportunity to do so does not exist.

if YOU DON'T ship jobs overseas,  SOME ONE ELSE WILL...  and unless Bernie can stop EVERYONE from doing it,   None of his good-wishes will come true..  Because the person who ships the job, will out-compete the ones who do not...

So the American loving pay everybody a great wage guy goes under..  you lose your job, then what.


He'll at best create a system that even more greatly benefit large corporations because it'd raise the barriers against smaller businesses without the money to pay for an elite accounting department.

Sorry, look at Craftsman.  Since they moved production to China, their sales has PLUMMETED.  They lost probably 90% of all union sales.  I know unions are getting smaller and smaller these days, but that is still a significant portion of sales to lose.  Sears has been hemorrhaging money for a number of years now.   Jobs do NOT need to move overseas to be competitive.  The only reason to move overseas is corporate greed.

You say that all jobs that can be exported will.  What will that leave, education, repair, construction, police, emergency services, what else?  That won't work.  The country will totally collapse long before that happens.

Your arguments and rhetoric are nothing but justifications to move overseas.

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Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #54 on: Sun, 06 March 2016, 21:41:13 »
Sorry, look at Craftsman.  Since they moved production to China, their sales has PLUMMETED.  They lost probably 90% of all union sales.  I know unions are getting smaller and smaller these days, but that is still a significant portion of sales to lose.  Sears has been hemorrhaging money for a number of years now.   Jobs do NOT need to move overseas to be competitive.  The only reason to move overseas is corporate greed.

OK, so you think that the CEOs of companies are trying to make money moving jobs overseas to make more money for themselves, even though their profits will be less? Their pay is tied to the performance of the company, why would they intentionally do something that would make the company less profitable?

And that's two companies. I don't know much about Craftsman, but the major reason Sears' sales have been horrible is because they completely failed to transfer over to web sales. They made tons of money off of mail-order catalogs, but no one uses that anymore.

You say that all jobs that can be exported will.  What will that leave, education, repair, construction, police, emergency services, what else?  That won't work.  The country will totally collapse long before that happens.

It will leave the jobs that Americans can do better and cheaper than other countries
« Last Edit: Sun, 06 March 2016, 21:44:41 by hwood34 »
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Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #55 on: Sun, 06 March 2016, 21:49:18 »
Relentlessly shipping American jobs and money offshore with impunity is what "the system" has been all about since Reagan took office.

Sucks that this is all zero-sum so we lose those jobs forever and no one will ever get jobs in new areas. I also hate when I get cheaper goods...

Personally, with a lot of stuff, I would rather pay 3 times the price (especially hand tools) if it means it is US made and a quality product.  I refuse to buy any tools from sears without extenuating circumstances.  Even hand tools that stay at home and not for work.

And that's great for you, and you can keep buying the products from brands that keep their products made in America, since there's a market for that. There's also a very large market for people that would prefer to get cheaper goods. And it's not like goods made in other countries are automatically worse, I've bought things made in the US that were **** too. We can both use anecdotal evidence all day
« Last Edit: Sun, 06 March 2016, 21:55:57 by hwood34 »
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #56 on: Mon, 07 March 2016, 07:55:48 »


Sorry, look at Craftsman.  Since they moved production to China, their sales has PLUMMETED.  They lost probably 90% of all union sales.  I know unions are getting smaller and smaller these days, but that is still a significant portion of sales to lose.  Sears has been hemorrhaging money for a number of years now.   Jobs do NOT need to move overseas to be competitive.  The only reason to move overseas is corporate greed.

You say that all jobs that can be exported will.  What will that leave, education, repair, construction, police, emergency services, what else?  That won't work.  The country will totally collapse long before that happens.

Your arguments and rhetoric are nothing but justifications to move overseas.




Craftsman lost sales because of China yes,  but not because they -went-to- China..

Hahahahaha..   It's primarily because of how Low Tech their business is to begin with.. Not much they can protect and take a lead on. Any other brand , any country with the right export logistics can replace them..

In the end, everyone wants cheaper bolt cutters.. and someone overseas is willing to supply..

If craftsman didn't produce in China, some other US brand would..






Offline Waateva

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Re: Bernie Sanders and Economics
« Reply #57 on: Mon, 07 March 2016, 08:56:54 »


Sorry, look at Craftsman.  Since they moved production to China, their sales has PLUMMETED.  They lost probably 90% of all union sales.  I know unions are getting smaller and smaller these days, but that is still a significant portion of sales to lose.  Sears has been hemorrhaging money for a number of years now.   Jobs do NOT need to move overseas to be competitive.  The only reason to move overseas is corporate greed.

You say that all jobs that can be exported will.  What will that leave, education, repair, construction, police, emergency services, what else?  That won't work.  The country will totally collapse long before that happens.

Your arguments and rhetoric are nothing but justifications to move overseas.




Craftsman lost sales because of China yes,  but not because they -went-to- China..

Hahahahaha..   It's primarily because of how Low Tech their business is to begin with.. Not much they can protect and take a lead on. Any other brand , any country with the right export logistics can replace them..

In the end, everyone wants cheaper bolt cutters.. and someone overseas is willing to supply..

If craftsman didn't produce in China, some other US brand would..

Tons of other US brands produce stuff in China, but that's why my grandfather and my dad always bought Craftsman as their quality was so much better which made the higher cost worth it.  ****, my dad still has a bunch of tools that my grandpa bought probably 50-60 years ago that work just fine, wjile the Craftsman stuff made now probably won't make it to 10-20 years because the quality has dropped so much.  If I wanted to buy ****ty tools made in China I would go to Harbor Freight Tools and buy them.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #58 on: Mon, 07 March 2016, 09:13:33 »

Tons of other US brands produce stuff in China, but that's why my grandfather and my dad always bought Craftsman as their quality was so much better which made the higher cost worth it.  ****, my dad still has a bunch of tools that my grandpa bought probably 50-60 years ago that work just fine, wjile the Craftsman stuff made now probably won't make it to 10-20 years because the quality has dropped so much.  If I wanted to buy ****ty tools made in China I would go to Harbor Freight Tools and buy them.


This is not a correct comparison.

The tools at harbor freight are not specced to be industrial.. They're designed as household tools, that most people will only use maybe a few times to fix small problems.

China also produces the -good tools- that are imported for industrial use. But obviously they wouldn't be selling these at harbor freight since that's not the market..


It comes down to Cost,  China can make durable or non-durable products depending on what the Customer demands..


The trend is on cost cutting.. and volume production..   They'd rather sell a million cheapo bolt cutters, then 5 good ones..

WHY ?   because industrial tools which DO LAST,  along with the guys who Buy them, DON"T buy that many..




In the end, the low end market is more profitable..



If you're a company,  you're offered a choice.


Sell 1 million  $10 bolt cutters to consumers for 10 million dollars.

OR

Sell 5,000 $50 bolt cutters to Professionals for 250 thousand..



Can they do both, SURE, and many of them do, but very generally, NO ONE cutting 6 bolts a year at home is going to need a $50 bolt cutter..   That product simply doesn't sell.


the market is suddenly much larger and more profitable, when it's open to regular consumers..   hence  Cheapo tools..




Offline iri

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Re: Bernie Sanders and Economics
« Reply #59 on: Mon, 07 March 2016, 11:20:00 »

Sucks that this is all zero-sum


It is not zero-sum at all.

See, I hate this trend of adding "/s" to sarcastic remarks, so I try to convey the irony as obviously as possible. I guess it just gets lost in text sometimes.
If your irony were vinegar, I'd be a pickle now.
(...)Whereas back then I wrote about the tyranny of the majority, today I'd combine that with the tyranny of the minorities. These days, you have to be careful of both. They both want to control you. The first group, by making you do the same thing over and over again. The second group is indicated by the letters I get from the Vassar girls who want me to put more women's lib in The Martian Chronicles, or from blacks who want more black people in Dandelion Wine.
I say to both bunches, Whether you're a majority or minority, bug off! To hell with anybody who wants to tell me what to write. Their society breaks down into subsections of minorities who then, in effect, burn books by banning them. All this political correctness that's rampant on campuses is b.s.

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Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #60 on: Mon, 07 March 2016, 11:29:44 »

Tons of other US brands produce stuff in China, but that's why my grandfather and my dad always bought Craftsman as their quality was so much better which made the higher cost worth it.  ****, my dad still has a bunch of tools that my grandpa bought probably 50-60 years ago that work just fine, wjile the Craftsman stuff made now probably won't make it to 10-20 years because the quality has dropped so much.  If I wanted to buy ****ty tools made in China I would go to Harbor Freight Tools and buy them.
More

This is not a correct comparison.

The tools at harbor freight are not specced to be industrial.. They're designed as household tools, that most people will only use maybe a few times to fix small problems.

China also produces the -good tools- that are imported for industrial use. But obviously they wouldn't be selling these at harbor freight since that's not the market..


It comes down to Cost,  China can make durable or non-durable products depending on what the Customer demands..


The trend is on cost cutting.. and volume production..   They'd rather sell a million cheapo bolt cutters, then 5 good ones..

WHY ?   because industrial tools which DO LAST,  along with the guys who Buy them, DON"T buy that many..




In the end, the low end market is more profitable..



If you're a company,  you're offered a choice.


Sell 1 million  $10 bolt cutters to consumers for 10 million dollars.

OR

Sell 5,000 $50 bolt cutters to Professionals for 250 thousand..



Can they do both, SURE, and many of them do, but very generally, NO ONE cutting 6 bolts a year at home is going to need a $50 bolt cutter..   That product simply doesn't sell.


the market is suddenly much larger and more profitable, when it's open to regular consumers..   hence  Cheapo tools..

^
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Offline SpAmRaY

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Re: Bernie Sanders and Economics
« Reply #61 on: Mon, 07 March 2016, 11:32:00 »
In regards to having things made in the USA, the majority of people anymore (at least the vocal majority) don't want the large plants, mills, mines etc it takes to do that because they view them as being too 'dirty'.

It's amazing when the local news does an article on yet another group of hundreds of people being laid off from somewhere that is closing and all the comments are people saying things like, ' good riddance', 'about time', 'now go find a green job', etc.

Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #62 on: Mon, 07 March 2016, 11:41:26 »
In regards to having things made in the USA, the majority of people anymore (at least the vocal majority) don't want the large plants, mills, mines etc it takes to do that because they view them as being too 'dirty'.

It's amazing when the local news does an article on yet another group of hundreds of people being laid off from somewhere that is closing and all the comments are people saying things like, ' good riddance', 'about time', 'now go find a green job', etc.

Really? Still all I ever see is people going full on "DEY TOOK R JERBS."
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #63 on: Mon, 07 March 2016, 11:46:38 »
In regards to having things made in the USA, the majority of people anymore (at least the vocal majority) don't want the large plants, mills, mines etc it takes to do that because they view them as being too 'dirty'.

It's amazing when the local news does an article on yet another group of hundreds of people being laid off from somewhere that is closing and all the comments are people saying things like, ' good riddance', 'about time', 'now go find a green job', etc.

Really? Still all I ever see is people going full on "DEY TOOK R JERBS."


Let's be real.. Dhey Di Took Er Jerbs..


The economy, and our people must now get better jobs which the foreigners Can't take..

Offline SpAmRaY

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Re: Bernie Sanders and Economics
« Reply #64 on: Mon, 07 March 2016, 11:51:46 »

The economy, and our people must now get better jobs which the foreigners Can't take..

I'd love to hear some concrete examples of what exactly those jobs are. :thumb:


Offline hwood34

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Re: Bernie Sanders and Economics
« Reply #65 on: Mon, 07 March 2016, 12:00:21 »

The economy, and our people must now get better jobs which the foreigners Can't take..

I'd love to hear some concrete examples of what exactly those jobs are. :thumb:

Literally basically anything in higher-tech manufacturing. Like I said earlier, countries in SEA etc. don't have the capabilities, be it capital, technology, or infrastructure to break into it. They make bank off things like basic assembly as of now. A nice little example of this was the article a few weeks ago about the little balls in the tips of ballpoint pens. Factories where they were being produced in China would import the balls because it was cheaper. They lacked the means to produced the balls at the tolerances necessary.
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Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #66 on: Mon, 07 March 2016, 12:09:40 »

The economy, and our people must now get better jobs which the foreigners Can't take..

I'd love to hear some concrete examples of what exactly those jobs are. :thumb:



Actuarial..

Financial engineering..

Astrophysicist..

Physicist..

Biochem..



ANYTHING that involves High level math..  you will be assured a Job..  in the worst case, at the university level..


Offline SpAmRaY

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Re: Bernie Sanders and Economics
« Reply #67 on: Mon, 07 March 2016, 12:13:00 »

The economy, and our people must now get better jobs which the foreigners Can't take..

I'd love to hear some concrete examples of what exactly those jobs are. :thumb:



Actuarial..

Financial engineering..

Astrophysicist..

Physicist..

Biochem..

Dentist..

Surgeon..

ANYTHING that involves High level math..  you will be assured a Job..  at the worst case, at the university level..



Those are totally pointless for probably >75% of the population. And from what I've seen many university professors are outsourced ;)

And what is financial engineering? Is that what has been going on for some time now within our government hahaha :p

 
« Last Edit: Mon, 07 March 2016, 12:21:10 by SpAmRaY »

Offline tp4tissue

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Re: Bernie Sanders and Economics
« Reply #68 on: Mon, 07 March 2016, 12:35:00 »

The economy, and our people must now get better jobs which the foreigners Can't take..

I'd love to hear some concrete examples of what exactly those jobs are. :thumb:



Actuarial..

Financial engineering..

Astrophysicist..

Physicist..

Biochem..

Dentist..

Surgeon..

ANYTHING that involves High level math..  you will be assured a Job..  at the worst case, at the university level..



Those are totally pointless for probably >75% of the population. And from what I've seen many university professors are outsourced ;)

And what is financial engineering? Is that what has been going on for some time now within our government hahaha :p

 

SIgh.. guys, again  think LONG TERM..

it's out of reach for 75% of the Americans today.

But it may be in reach for 50% of those American's Children..

And the Children of those Children will be in reach of those jobs for Certain.


These changes take time.. LIFE TIMES..  This is not Amazon.com where you click buy and something happens.

Offline digi

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Re: Bernie Sanders and Economics
« Reply #69 on: Mon, 07 March 2016, 12:37:07 »

The economy, and our people must now get better jobs which the foreigners Can't take..

I'd love to hear some concrete examples of what exactly those jobs are. :thumb:



Actuarial..

Financial engineering..

Astrophysicist..

Physicist..

Biochem..

Dentist..

Surgeon..

ANYTHING that involves High level math..  you will be assured a Job..  at the worst case, at the university level..



Those are totally pointless for probably >75% of the population. And from what I've seen many university professors are outsourced ;)

And what is financial engineering? Is that what has been going on for some time now within our government hahaha :p

 

SIgh.. guys, again  think LONG TERM..

it's out of reach for 75% of the Americans today.

But it may be in reach for 50% of those American's Children..

And the Children of those Children will be in reach of those jobs for Certain.


These changes take time.. LIFE TIMES..  This is not Amazon.com where you click buy and something happens.

hahaha, YES! The Amazon analogy was spot on TP!