Rep. Maxine Waters Calls For A Trillion-Dollar Jobs Program

[ateamstupid]

I don't get it. Most US Corporations' quarterly profits have never been higher and yet they somehow need more relief so they can create jobs? What fantasy world do people like joeydb live in that the private sector isn't making enough money to create jobs?

[Cannon Shell]

Originally Posted by ateamstupid

I don't get it. Most US Corporations' quarterly profits have never been higher and yet they somehow need more relief so they can create jobs? What fantasy world do people like joeydb live in that the private sector isn't making enough money to create jobs?

Do you have any idea how many corporations there are in the US? It is funny that all these US corporations are doing so well yet not expanding in the US. So there is this huge recession with high unemployment so people dont have money to spend but "most US corporations" are doing great? Where exactly is all the money coming from? What fantasy land do you live in where most US corporations profits have never been higher? Is Exxon or GE or Wal-Mart typical US corporations? At least separate Fortune 500 companies from the other 6 million or so corporations in the US when trying to make a point. Because if corporations are all doing so great why is the economy so bad?

[ateamstupid]

Originally Posted by Cannon Shell

Do you have any idea how many corporations there are in the US? It is funny that all these US corporations are doing so well yet not expanding in the US. So there is this huge recession with high unemployment so people dont have money to spend but "most US corporations" are doing great? Where exactly is all the money coming from? What fantasy land do you live in where most US corporations profits have never been higher? Is Exxon or GE or Wal-Mart typical US corporations? At least separate Fortune 500 companies from the other 6 million or so corporations in the US when trying to make a point. Because if corporations are all doing so great why is the economy so bad?

OK, Mr. Semantics, you know what I was getting at. This canard that our corporate tax rate is too high and that's what's preventing job creation is crap. The effective tax rate isn't anything close to 35% and you know that. The idea that if we give more breaks to companies that have never used them to hire people in the past, unemployment will shrink is a giant lie.

[Clip-Clop]

Originally Posted by ateamstupid

I don't get it. Most US Corporations' quarterly profits have never been higher and yet they somehow need more relief so they can create jobs? What fantasy world do people like joeydb live in that the private sector isn't making enough money to create jobs?

Yes, the cash figures have been higher but no one ever addresses the reality that the % are the same and since the $ isn't worth what is was the record profit argument is essentially moot. They are making plenty of cash and could sacrifice and provide people with jobs, it might actually create some good will and loyalty among spenders. It is all very unlikely though without some hand holding or ass kicking, though the latter seems like it will never happen.

[jms62]

Originally Posted by Clip-Clop

Yes, the cash figures have been higher but no one ever addresses the reality that the % are the same and since the $ isn't worth what is was the record profit argument is essentially moot. They are making plenty of cash and could sacrifice and provide people with jobs, it might actually create some good will and loyalty among spenders. It is all very unlikely though without some hand holding or ass kicking, though the latter seems like it will never happen.

The latter is the only message they will understand and the only way out of this mess. It won't happen thus I don't like what is in store. Notice the increasing violence in this country?

GBBob the group that is laughing are the type who have no survival skills and will be the prey when their entitlement Utopia collapses.

The poor will be roving gangs fed race-hating propaganda by the mainstream media.

It is mathematically impossible to get out of debt. It's not a matter of if, but when.

[Clip-Clop]

Originally Posted by jms62

The latter is the only message they will understand and the only way out of this mess. It won't happen thus I don't like what is in store. Notice the increasing violence in this country?

Regarding the violence, not really. It seemed to be falling over the years.
http://bjs.ojp.usdoj.gov/content/glance/viort.cfm

That said, there are areas and pockets of the country where it has been on the rise according to what is on the news any way.

Regarding the way out of this mess, not sure there is one really. None of the current group in DC or wanting in DC have any shot at fixing it.