Msg. 04417 of 47202 (This msg. is a reply to
04410 by
Zimbler0)
Jump:
The rich get richer because of
inflation. BTW, do rich people
sit in their money or do they
spend it on things they want?
As for jobs, businesses will
not hire people if it costs
more than they will make.
Capitalism is people with
money spending it to make
even more money. Just MHO.
Micro> Has everything to do with creating incentives and tax climate to be able to compete.
Micro> bring back the jobs that left by providing business incentives to those companies
Micro,
Point number one, Reagan boosted the economy by spending
money on 'war toys'. (Kind of like WWII without the War.)
(WWII spending being the 'stimulus' that lifted the U.S. out
of the Great Depression.)
Problem with that is a congress bent on spending moneys on
things 'We' had no business spending moneys on - Welfare
in all its guises just for starters.
Point two, I remember reading back around 2009 that American
corporations were sitting on record amounts of csh . . . yet,
they were not expanding their operations and hiring more guys. Why?
I see one reason. Obama.
President bozo promised America higher electrical costs, and
Obama-care with its unfunded mandates. Obama and those two most
cherished planks of his platform promised to strip away the
Capitalists profit margins. If I was a businessman, I doubt
that I'd have expanded my operations either.
As for 'incentives' . . . I recently read where Norfolk
Virginia is planning on spending millions of dollars to attract
a corporation to set up operations here . . . Reminds me of all
those cities building new football stadiums . . . so the teams can
move to another city with a 'better newer bigger'
stadium. What is to keep another city from offering a 'better incentive'
to lure the business to another city after they moved in?
Can you way 'welfare for the rich?'
I keep reading where the rich have gotten richer . . .
Which is not surprising considering Obama has been
showering money on their heads via 'quantitative easing'.
WE need a regulatory climate which entices the already
rich to spend their ill gotten gains in ways which employ
more guys and enable them to earn nice profits honestly.
Capitalism is the answer.
But, I at this point I do not think incentives or
lower taxes is going to help.
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