Ten point swing, House trending back to Dems

#76
#76
JayVols said:
Shareholders are needed to raise capital. However, there could be more balance as to priorities.
Posted via VolNation Mobile
Click to expand...

I don't mean to go all Gibbs up in here, but the only priority in the US is profit margin.
 
#77
#77
VOLatile said:
Wish they could say, "eff the shareholders, I'm looking out for my employees." But that's not how it works. Driven by greed.

I don't really understand the stock market, though...
Click to expand...

It's hard to believe that you don't really understand the stock market given your first paragraph. :blink:
 
#78
#78
VOLatile said:
I don't mean to go all Gibbs up in here, but the only priority in the US is profit margin.
Click to expand...

I hope my capital reference didn't seem Gibbsesque. I was refering mainly to expansion, new ventures, etc. There are basically 2 ways to raise capital: stock or debt financing.

Sadly, to me it seems a disproportionate amount of focus is based on making more and more money. Making money is not bad. Making more money for the sake of more and more at the expense of individuals lacks a certain morality to me. I am an admitted idealist.
Posted via VolNation Mobile
 
#79
#79
Vol423 said:
It's hard to believe that you don't really understand the stock market given your first paragraph. :blink:
Click to expand...

It's common knowledge at this point and I admit it a lot. Stocks go up, stocks go down. You can't explain that! :)

JayVols said:
I hope my capital reference didn't seem Gibbsesque. I was refering mainly to expansion, new ventures, etc. There are basically 2 ways to raise capital: stock or debt financing.

Sadly, to me it seems a disproportionate amount of focus is based on making more and more money. Making money is not bad. Making more money for the sake of more and more at the expense of individuals lacks a certain morality to me. I am an admitted idealist.
Posted via VolNation Mobile
Click to expand...

I'm an idealist, too. Our ideals aren't so far apart in the end.
 
#80
#80
VOLatile said:
Wish they could say, "eff the shareholders, I'm looking out for my employees." But that's not how it works. Driven by greed.

I don't really understand the stock market, though...
Click to expand...

I do not think that looking out for the shareholders in inherently greedy. I imagine that sociologists would claim that content employees, with regard to salaries and benefits, are more productive employees.

That said, the marketplace is global, therefore, the companies that control the most capital in America are usually going to be companies competing with companies in other nations. Hands are already tied in America with respect to wages and certain workplace conditions; these regulations put an enormous strain on American businesses which force American corporations to make tough choices regarding certain benefits for employees.

The easiest way, IMO, to provide benefits for American employees is to encourage more companies to do their business in America (especially to actually produce products in America). Unfortunately, this requires two major actions on issues that are incredibly divisive in this country: corporate taxes and minimum wage. If both of these are either lowered or abolished in America, most Americans, IMO, would be much better off.
 
#81
#81
I don't quite understand how abolishing corporate taxes and minimum wage would help. Probably why I tend not to jump in on fiscal debates, though. I view corporations as evil. Just take a look at the situation with the now former head of the FCC going to Comcast to become CEO. Crap like that has to stop.
 
#82
#82
VOLatile said:
I don't quite understand how abolishing corporate taxes and minimum wage would help. Probably why I tend not to jump in on fiscal debates, though. I view corporations as evil. Just take a look at the situation with the now former head of the FCC going to Comcast to become CEO. Crap like that has to stop.
Click to expand...

Industry creates jobs.

Nations compete for industry.

When industry leaders select locations to operate from, they are looking for the best return on their investment. They are going to choose a place with the lowest costs to produce goods. Corporate taxes and wages are costs.
 
#83
#83
therealUT said:
I do not think that looking out for the shareholders in inherently greedy. I imagine that sociologists would claim that content employees, with regard to salaries and benefits, are more productive employees.

That said, the marketplace is global, therefore, the companies that control the most capital in America are usually going to be companies competing with companies in other nations. Hands are already tied in America with respect to wages and certain workplace conditions; these regulations put an enormous strain on American businesses which force American corporations to make tough choices regarding certain benefits for employees.

The easiest way, IMO, to provide benefits for American employees is to encourage more companies to do their business in America (especially to actually produce products in America). Unfortunately, this requires two major actions on issues that are incredibly divisive in this country: corporate taxes and minimum wage. If both of these are either lowered or abolished in America, most Americans, IMO, would be much better off.
Click to expand...

I agree with most of the last paragraph. American companies should concentrate on America while not abandoning the world.

Are you saying in regards to corporate taxes and minimum wage laws that less =more? I have never taken a hard look at that. I will explore that hypothesis further. I see at first glance how that could be argued, but I think you have more faith that corporation will do the right things with these breaks. I fear they will take more for the sake of taking more. My experiences with the very wealthy is that most basically care about 2 things: 1. Keeping what they have. 2. Making more money. I just have never seen anything personally that would make me trust them to do the right thing.

I will dig deeper and challenge my feelings/beliefs on the matter though.
Posted via VolNation Mobile
 
#84
#84
therealUT said:
Industry creates jobs.

Nations compete for industry.

When industry leaders select locations to operate from, they are looking for the best return on their investment. They are going to choose a place with the lowest costs to produce goods. Corporate taxes and wages are costs.
Click to expand...

More fair trade deals could help to some degree as well.
Posted via VolNation Mobile
 
#85
#85
therealUT said:
Industry creates jobs.

Nations compete for industry.

When industry leaders select locations to operate from, they are looking for the best return on their investment. They are going to choose a place with the lowest costs to produce goods. Corporate taxes and wages are costs.
Click to expand...

No way we could even come close to being able to compete with the likes of China and Taiwan without cutting wages and benefits drastically, though.
 
#86
#86
JayVols said:
I agree with most of the last paragraph. American companies should concentrate on America while not abandoning the world.

Are you saying in regards to corporate taxes and minimum wage laws that less =more?
Posted via VolNation Mobile
Click to expand...

Yes. Due to the fact that America has enough resources to be food independent (we also have enough resources to be energy independent for at least another generation; however, those are not being tapped), Americans do not need to have high wages in order to purchase higher priced food from other nations.

Therefore, as costs dropped (directly due to wages and corporate taxes; indirectly due to lower costs with regard to transportation, tariffs, foreign legal experts, etc.), prices would also drop. Americans would be trading less nominal wealth for more real wealth. On top of that, as more industry moved to America, less persons would need government funded welfare programs (low-skilled jobs would be more available) and the tax burden for social programs would drop as well.
 
#87
#87
VOLatile said:
No way we could even come close to being able to compete with the likes of China and Taiwan without cutting wages and benefits drastically, though.
Click to expand...

Industry does not have to cut to those wage levels; they just have to cut to wage levels that offset the costs of doing business in China, Taiwan, India, etc.

I would speculate that at $3.50/hr and no corporate taxes, industry would be coming back to America in droves.
 
#88
#88
therealUT said:
Industry does not have to cut to those wage levels; they just have to cut to wage levels that offset the costs of doing business in China, Taiwan, India, etc.

I would speculate that at $3.50/hr and no corporate taxes, industry would be coming back to America in droves.
Click to expand...

How the hell do you make a transition from $7.50/hr to $3.50/hr? It'll take a heck of a lot of time to attract enough business so that Americans can live on $3.50/hr.
 
#89
#89
The wideing wage gap is due to global worker competition. Managers and ceos aren't easily outsourced. Nor is other skilled labor. There isn't some horrible conspiracy at work here.
Posted via VolNation Mobile
 
#90
#90
droski said:
The wideing wage gap is due to global worker competition. Managers and ceos aren't easily outsourced. Nor is other skilled labor. There isn't some horrible conspiracy at work here.
Posted via VolNation Mobile
Click to expand...

I realize this; however, CEO's could take a teeny bite out of the shiz sammich that the others have been.

Our trade deals suck for the most part. More equitable deals would help some.
Posted via VolNation Mobile
 
New posts
You must log in or register to reply here.

VN Store



Back
Top