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It affects the economy?
Greater wealth inequality = worse economic performance.
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Wait, you mean people shouldn't wildly misinterpret what other people say and assign those misinterpretations to them as part of some sort of flawed strawman argument?
Well giving hundreds of billions of dollars to big corporations probably didn't help the wealth inequality...
I see what you are trying to do, and I don't like it.
That doesn't sound like an answer to my question...
Yet your party's union favs have killed manufacturing in America, have successfully lead the auto industry into bankruptcy, then got an highly unethical ruling because of Obama. You'd rather use a corrupt NLRB to stop Boeing opening new plants and use the EPA to regulate industries into extinction, all the while wondering why companies are moving off shore.
The probability is high that a lot of the middle class jobs that where abundant 20 years ago are never coming back.
don't even bother my friend..
Riiiiight, because private enterprise had absolutely no influence on the offshoring of jobs, it was all Democratic policies and left-wing action. Give me a break. Demonstrate some sort of rudimentary understanding of cause-and-effect before spouting off at the mouth. Shockingly enough, the world isn't black-and-white.
Companies go where the money takes them, is that a foreign concept to you? Now I will concede the growth of the global market as hurt America's manufacturing as more companies need to get their products overseas cheap, especially the Oil/Gas Industry. I work for a company that has plants in many countries to deliver our products to those regions cheaper.
Now America was helped big time after WW2, because they were one of the few countries that wasn't completely destroyed, so not only did they have a monopoly on manufacturing there was also a great need by almost every other country for our goods.
Perfect storm for that class to grow, however I think most thought it would never change and unions got greedy. Companies began to see the benefits in profit to move their operations off shore, because they have a responsibility to their stockholders to be good shepherds of their investments.
How many companies have to leave before the government figures out that they need to do things to make it worth their while to stay.
Give it a rest. The problem is not one party. The problem is BOTH parties.
Senate Republicans on Thursday blocked the No.1 item on the president's congressional jobs to the U.S. from overseas while eliminating tax deductions for companies that move jobs abroad.
look in the difference in pay for the big brass of those companies and the how much more it is than it was 30 years ago in comparison to the workers. The reason companies go overseas is to protect the profit margin for the grossly paid big wigs.
If they could just be very rich instead of stupidly wealthy and there would be more jobs. good paying jobs that would kick the economy into high gear and put a "chicken in every pot" so to say.
The problem is greed at the top. They have a license to steal. That includes the politicians. I have no problem with people who are on top making a very good living. One that is clearly distinguishable. But when people can not even imagine the difference in a time when people are pissed about wealth distribution already, come on.
You may have a point, but who is to say what another person's worth to their company is? I've worked in a bunch of companies that had too many layers of management, so I think there is an issue there.
But I suggest that having a globally based company is much harder to run/manage and most of these executives deserve their compensation.
Not too mention that a lot has changed with how companies are managed due to the marketplace and their decisions on how profitable companies should be.
This post was edited by NLeininger 16 months ago
And this is exactly what the thread was started about. Bravo sir.
The CEOs do.
does this thread mean we have to let michigan university have better talent? if so, ef that.
I don't know how anyone can take this seriously. I read it and
What that he said isn't true?
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