The Great 2022 and Beyond Recession Thread

#501
#501
Majors said:
Not sure you understand how it works…seems you’re listening to Elizabeth Warren too much without understanding.
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His money should only be taxed once but the owners of corporations should be forced to pay an extra tax because they're evil and he's good. You clearly just don't get it.
 
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#502
#502
#503
#503
turbovol said:
It's a well-known fact--to most people, anyway--that big corporations pay little or nothing in taxes. Republicans always want to lower the
corporate tax rate--but the rate is mostly irrelevant as the corporations are quite skilled at taking advantage of various loopholes/writeoffs/liabilities to eliminate all or most of their tax burden.

Privatize Social Security? Don't hold your breath on that one....
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US corporate taxes are virtually the same as other large, developed countries.

Do you really believe that handing over 21% of profits to the federal government and another 5-10% to the states is little or nothing? Employers also pay another 6 or 7% of their payrolls in taxes.

Do you think that it’s a good idea to raise taxes on businesses and push our jobs out of the country?
 
#505
#505
turbovol said:
It's a well-known fact--to most people, anyway--that big corporations pay little or nothing in taxes. Republicans always want to lower the
corporate tax rate--but the rate is mostly irrelevant as the corporations are quite skilled at taking advantage of various loopholes/writeoffs/liabilities to eliminate all or most of their tax burden.

Privatize Social Security? Don't hold your breath on that one....
Click to expand...

It's so well known that you (once again) have no idea what you are talking about.

In 2018, ~90 of the Fortune 500 had income and did not pay income tax. The companies with the most planning are your woke CA- based tech companies

In addition to income tax, corps pay sales tax, use tax, UI tax, franchise tax, net worth tax, payroll tax, property tax, not to mention any industry specific taxes
 
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#506
#506
hUTch2002 said:
Did the definition of a recession ever get decided? Last I recall it was defined as 2 consecutive quarters of negative GDP but then that was said not to be true so how is it defined now?
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I don't know but if you want to argue we had a recession while net employment was increasing, you're free to do so.
 
#511
#511
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#512
#512
McDad said:
If production doesn't suffer, why force people back to an office 5 days per week?
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Some people can handle working remote but it's my belief that the majority can't. Sure they can be productive but overall productivity slips. A one size fits all solution isn't answer IMO but when you make an exception for those few employees that excel when working from home others begin to whine and complain. Plus we are starting to see some data that backs up my anecdotal observations.

https://www.journals.uchicago.edu/doi/full/10.1086/721803

https://www.bls.gov/news.release/pdf/atus.pdf
 
#514
#514
hog88 said:
Some people can handle working remote but it's my belief that the majority can't. Sure they can be productive but overall productivity slips. A one size fits all solution isn't answer IMO but when you make an exception for those few employees that excel when working from home others begin to whine and complain. Plus we are starting to see some data that backs up my anecdotal observations.

https://www.journals.uchicago.edu/doi/full/10.1086/721803

https://www.bls.gov/news.release/pdf/atus.pdf
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If those who can maintain productivity can do it from home, the whiners should be managed correctly (after all, some people need a heavier hand).
It makes no sense for my daughter and SIL. Their productivity is unchanged.
 
#515
#515
Vol8188 said:
I honestly just don’t believe the claims that production does not suffer
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If pre pandemic, pandemic, and post pandemic shows production metrics affected, then bring em in. If not, it's dumb to force it.
Daughter's Co doing it for the "work-family culture".
Which is complete BS.
 
#516
#516
Vol8188 said:
I honestly just don’t believe the claims that production does not suffer
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Eh, I worked remotely for over a year and my productivity didn't suffer. I have a job to do, and it gets done whether I am home or at the office. If someone isn't doing their job while teleworking, it will show.
 
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#517
#517
McDad said:
If pre pandemic, pandemic, and post pandemic shows production metrics affected, then bring em in. If not, it's dumb to force it.
Daughter's Co doing it for the "work-family culture".
Which is complete BS.
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My last employer did that for same reason. Much happier employees and didn't have to commute 2 hours day. They are always answering phone and spitting out work.

They were called back though
 
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#518
#518
Godfatha said:
Eh, I worked remotely for over a year and my productivity didn't suffer. I have a job to do, and it gets done whether I am home or at the office. If someone isn't doing their job while teleworking, it will show.
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Sure but I’m speaking in general and not as to individuals. Some people can work from home well. Many cannot.
 
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#521
#521
McDad said:
If those who can maintain productivity can do it from home, the whiners should be managed correctly (after all, some people need a heavier hand).
It makes no sense for my daughter and SIL. Their productivity is unchanged.
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I agree, where it can be done I don't have a problem with it but too many people think they can work from home and be just as productive and they can't. Today's job market allows them to keep jumping ship to avoid reality.
 
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#522
#522
hog88 said:
I hate to say it but we actually need a hard recession.

We’re now finding out the damaging results of the mandated return to the office–and it’s worse than we thought

Edit: This popped up on my feed right after I posted the above.

Billionaire CEO Says Remote Workers Just Need 'a Nice Little Recession' to Return to the Office
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you sound surprised that its blowing up in people's faces. It was a benefit/option companies had to have to stay open. They are now trying to remove said benefit and offering nothing in return. Before Covid cutting my pay, my hours, my health benefits, my physical work location, would all be understood reasons to leave a company or to at least feel less happy. But post Covid changing my physical work location is supposed to NOT be an issue for employee happiness?

Surprising Working From Home Productivity Statistics (2023).

work from home was also more productive. so its not a lost value issue for the companies. Its purely the managers needing to inflate their self importance and justify their middle management position by physically being able to interact with their employees. The article even covers this as the author was encouraging corporations to simply change their language on the why the work from home change was happening. The company wasn't actually changing anything, they just packaged it differently. I won't blame people for not buying that bs.
 
#523
#523
LouderVol said:
you sound surprised that its blowing up in people's faces. It was a benefit/option companies had to have to stay open. They are now trying to remove said benefit and offering nothing in return. Before Covid cutting my pay, my hours, my health benefits, my physical work location, would all be understood reasons to leave a company or to at least feel less happy. But post Covid changing my physical work location is supposed to NOT be an issue for employee happiness?

Surprising Working From Home Productivity Statistics (2023).

work from home was also more productive. so its not a lost value issue for the companies. Its purely the managers needing to inflate their self importance and justify their middle management position by physically being able to interact with their employees. The article even covers this as the author was encouraging corporations to simply change their language on the why the work from home change was happening. The company wasn't actually changing anything, they just packaged it differently. I won't blame people for not buying that bs.
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Surprised? No, you'll find several posts from me saying a return to office model was coming because of a reduction in productivity (posted 2 studies showing such).
 
#524
#524
hog88 said:
Some people can handle working remote but it's my belief that the majority can't. Sure they can be productive but overall productivity slips. A one size fits all solution isn't answer IMO but when you make an exception for those few employees that excel when working from home others begin to whine and complain. Plus we are starting to see some data that backs up my anecdotal observations.

https://www.journals.uchicago.edu/doi/full/10.1086/721803

https://www.bls.gov/news.release/pdf/atus.pdf
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"In this paper we provide a comprehensive analysis of the effect of WFH on employee productivity at HCL Technologies, a large information technology (IT) services company based in India."

seems like a solid study to base your study on a foreign call center, I am sure that is something most Americans can relate to, and something one should base running your business in America on.

your second link doesn't include anything on lost production. If anything the data offered seems to indicate people are much less effective working in the office than working from home. It only takes them 5.6 hours at home to do what takes 7.9 hours at work. Those numbers were also pretty narrowly defined as it was only for weekdays. Most people working from home work on weekends too, to make up any lost time.
 
#525
#525
hog88 said:
Surprised? No, you'll find several posts from me saying a return to office model was coming because of a reduction in productivity (posted 2 studies showing such).
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see above, your "studies" are crap.
 
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