“Improper ideologies”
- Thread starter r14veer
- Start date
If you disagree with Israel bombing the sheet out of civilians in order to kill a few terrorists, you can be deported, bruh.
But even more importantly according to the WSJ if you raise prices due to the tariff costs the White House has threatened you, General Motors! So much for maga hatred of price fixing.
But even more importantly according to the WSJ if you raise prices due to the tariff costs the White House has threatened you, General Motors! So much for maga hatred of price fixing.
Duck just curious on this....the Dems have talked about this forever, they threaten companies by increasing taxes on profits. The Pubs lowered taxes but now want these companies to bring back jobs thru tariffs, and oh by the way they don't want you to increase prices, because we all know you are profiting enough.
This is something we need to have a good conversation on, which policy is better? Tax profits to give welfare to those who have lost good paying jobs, or force companies to bring back those good paying jobs and cut taxes? Please not hyperhole let's try to have a good discussion.
Not Duck, but forcing companies to bring back good paying jobs would be best, but to do that inflation will go through the roof and no politician can withstand the heat as prices start going up. They will have to back out of the tariffs pretty quickly, and we are back to where we were.
We could tax profits to reeducate those who have lost their jobs, but we have to have jobs for them to go into.
The recession that is looming there may not be many jobs worth reeducating for the job market is going to dry up pretty quickly.
In the long run open markets with companies/countries trading freely and creating the goods and services they do best based on geography, resources, and demographics is the best for the entire world.
The USA is part of a global market. Trying to force everything back to the USA is insanity. The top .1% of our country completely controlling both the government and the economy and the majority of wealth will be the death of us.
Letting the top .1% have such a disproportionate amount of the wealth is a tragedy. They need to start paying for the economy and country that is heaping riches on them.
The USA is part of a global market. Trying to force everything back to the USA is insanity. The top .1% of our country completely controlling both the government and the economy and the majority of wealth will be the death of us.
Letting the top .1% have such a disproportionate amount of the wealth is a tragedy. They need to start paying for the economy and country that is heaping riches on them.
Last edited:
@Toots_mcgee The promise that these free trade deals would create jobs did not pan out in the way the politicians promised us. While we have seen some benefits in terms of cheaper goods and companies have access to broader markets, the offshoring of jobs to places with lower labor costs—like Mexico—certainly resulted in lost manufacturing jobs in the U.S., I experienced it first hand and it was very painful.
I know when our company moved the jobs overseas the upfront investments in logistics, training, and building new factories was a huge cost. But what really sucked was my company was able to take advantage of tax benefits from those losses, masking the any pain they felt transitioning those jobs to Mexico That’s a big reason why people feel that the trade deals haven’t been as beneficial for the average worker as they were touted to be. I got no tax relief for losing my job? I was offered reeducation loans at lower rates...big deal it would have still saddled me with more debt and no guarantee of having a good paying job in the end.
People are frustrated with our current political system and the message they deliver, especially when it comes to how the government addresses the needs of working families!! Yes under Biden the unemployment numbers may have been the lowest in recent history, it doesn’t necessarily mean that working people were seeing the benefits in their day-to-day lives. Many families were and still are struggling to make ends meet, and rising costs of living forces many to take on multiple jobs just to stay afloat. The economy might have been "doing well" in terms of overall growth and for profit of companies, but for the average person, that didn't always translate into better financial security, that is what Biden nor any of the dems could understand, it honestly doomed them in the election.
And when it comes to political parties, it’s tough to deny that many feel like the message from either doesn’t match up with their lived experiences. And again yes the economy on Paper looked great but that was not what was being felt in the homes. So when the message does not strike a cord with the population it makes the politicians seem like they are out of touch, offering solutions that don’t align with the realities of working-class struggles or offering no solutions and just trying to tell you how you should feel based on the numbers and the politicians perceived thoughts of the economy. That disconnect leaves a lot of people feeling unheard and frustrated making it easier for somebody like Trump to win an election.
Trump’s approach isn’t necessarily the answer either, yes there are challenges when it comes to balancing free trade, job protection, and the growth of the economy. But the issue lies in finding some sort of middle ground where global trade doesn’t eliminate all good paying manufacturing jobs and employment in the US, but where trade can benefit the economy without leaving workers behind or unemployed.
So Toots what is the the solution? Taxing the crap out of the rich just to tax them is not the answer, but also giving just straight tax breaks is not either. I think we need a better tax code based on your companies impact to the economy. If you have three companies A, B and C, Company A pays all if its employees wages above the national standard offers great benefits and retirement plans, invest in the community and new energy such as solar on its buildings. Should it be taxed on its profits the same as say company B who maybe pays the C-suits large wages gives them huge stock payouts, but pays everybody else working for them minimum wage offers no benefits and has been fined repeatedly for polluting. Or even Company C, who still pays its C-suits larger wages, but also pays half its work force good wages and the other half minimum, Offers a mix of benefits to its employees? Each company will affect the economy different with Company A helping out the most. so yes we can do better then all or nothing we have to take into account the affect each company has on the economy and its employees.
I’ve never believed in taxing the rich just for the sake of taxing the rich. It’s for the betterment of our country. Better roads, airports, hospitals, infrastructure and support. Also to keep taxes low for the lower classes, who actually spend their money and make our economy flow.
The rich/poor divide is not going to get better unless we start making the haves pay for the system they have created. There are going to be fewer and fewer high paying jobs. We can’t stop the technology or AI. It’s like a dystopian movie from the 1970s come to real life.
Most of what you said in your post is true. But Trump signed the trade deal with Mexico and Canada himself. Now he acts like it was somebody else. I don’t think we are going to get a lot of those manufacturing jobs back. Isolating ourselves from the rest of the world is going to lead to global conflict. Hell China and Japan are even working together now to battle Trumps tariffs and they hate each other.
The rich/poor divide is not going to get better unless we start making the haves pay for the system they have created. There are going to be fewer and fewer high paying jobs. We can’t stop the technology or AI. It’s like a dystopian movie from the 1970s come to real life.
Most of what you said in your post is true. But Trump signed the trade deal with Mexico and Canada himself. Now he acts like it was somebody else. I don’t think we are going to get a lot of those manufacturing jobs back. Isolating ourselves from the rest of the world is going to lead to global conflict. Hell China and Japan are even working together now to battle Trumps tariffs and they hate each other.
With regard to taxing the wealthy, all you have to do is look back to when the top marginal tax rates were the highest for our best period of economic growth for the middle class. Then, look at when the top marginal tax rates dropped side by side with when middle class wages, adjusted for inflation, started to stagnate and CEO pay skyrocketed. When more money is spread out in the system, far more people do well. This is not some economist's secret, this is just straight math.
Conversely, look at it this way: if you are the owner, CEO, board, etc. of a large business and you have one set of workers who will work for significantly less and won't complain about working conditions and one set of workers who not only want significantly more but also want better working conditions, which one are you going to choose to employ? That is why capitalism will end up eating itself over time the more entwined with politics it gets.
Similar threads
