GOP threatens to do real damage to country
“One day after being named to a presidential task force to negotiate deficit reduction, House Majority Leader Eric Cantor fired off a stark warning to Democrats that the GOP “will not grant their request for a debt limit increase” without major spending cuts or budget process reforms.
The Virginia Republican’s missive is a clear escalation in the long-running Washington spending war, with no less than the full faith and credit of the United States hanging in the balance….
People close to Cantor say that he hopes to make clear that small concessions from Democrats, including President Barack Obama, will not be enough to deliver the GOP on a debt increase.”
Great. Take the national economy hostage, stick a loaded pistol to its temple and threaten to pull the trigger unless you get your way. This is what we’ve come to. This is “leadership” and “statesmanship” in the modern American era. Cantor and his colleagues are trying to convince us that they really are childish, stupid and destructive enough to bring the country down to its knees if their demands aren’t fully satisfied.
I cannot imagine leaders of any other era, of any party or ideology, threatening to do severe long-term damage to the country as a means of winning a political argument, at least not since the years leading up to the Civil War. It would have been inconceivable to previous generations, and I can think of no historical parallel to it. Ronald Reagan, for example, would be appalled by the extremist tactics of those who claim to honor him.
Oh, and as to compromise? As Cantor said last week, “We can’t raise taxes. That was settled last November during the elections.”
– Jay Bookman
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662 comments Add your comment
BMDPD
April 21st, 2011
11:01 am
Mick, it is sad that unions have driven the labor costs to such an extent, that it is cheaper to have products built on the opposite side of the globe. Some products during their manufacturing traverse the Pacific mulitple times. This is still cheaper than paying for unions. So many companies try to keep the jobs in the US by moving to more ‘friendly’ states, but we see what happens there too, huh.
getalife
April 21st, 2011
11:02 am
Bobby,
Ok, radical is better.
Jay
April 21st, 2011
11:02 am
“sex in the city spendthrifts”?
I mean, just because I have a fondness for Manolo Blahnik pumps?
jm
April 21st, 2011
11:02 am
If I was Boeing, I’d move the f’in plant to Mexico with this crap going on.
No wonder we keep losing manufacturing jobs.
MiltonMan
April 21st, 2011
11:03 am
Normal, reps are corporate lovers???
Obozo just rub elbows with Sony & Google.
Obozo gave a Obozo Health Care waiver to McDonalds.
The clown just recently assigned the former GE CEO to a position (while GE pays no taxes).
The clown took over GM
etc.
etc.
Don’t let facts affect you in any belief there pal.
J Moore
April 21st, 2011
11:03 am
I love how you liberal phonies attack the rich. Of course it doesn’t matter what percentage of the budget the rich already pay! And they let 45 percent of the population pay no taxes as long as they vote for Prezdint Obozo. But let me ask you marxists–did you ever take any risk in life yourself? Did you ever invest your money? Did you ever start a company and go without paychecks to weather the hard times? Did you get a college degree or learn to be an electrician? Maybe you dropped out of school and decided drugs, alcohol, and sex was the way to go–hmmm. Maybe you placed your faith in the teamsters rather than God–hmmm. For the most part, the Democratic Party is comprised of the godless, the perverts, and lazies who think they are entitled to someone else’s money while rationizing their poor decisions. I say eat dirt and die!!!
Finally, how is it that whatever Clinton did should be the tax standard? Now that is arbitrary to say the least. The truth is that the last 47 years put us in this mess of “entitlements”. The chickens have come home. Didn’t JFK say something about doing for your country rather than what your party does now?
Jimmy62
April 21st, 2011
11:03 am
What’s the point of having a debt limit, if you just raise it all the time?
Go GOP! Make the Dems be responsible! If we can’t have a budget without raising the debt limit, then we need a new budget, not a new debt limit.
Bosch
April 21st, 2011
11:04 am
jm,
What Boeing’s doing is illegal. You don’t like laws?
getalife
April 21st, 2011
11:05 am
Do you cons know how many times w raised the debt ceiling?
Google it then reply.
jm
April 21st, 2011
11:05 am
RE Boeing. Sorry in advance, but this is completely merited on this one.
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md
April 21st, 2011
11:07 am
“What Boeing’s doing is illegal. You don’t like laws?”
So is coming into this country through the back door…………..doesn’t seem to matter then.
Bobby
April 21st, 2011
11:07 am
Didn’t think you’d see that SITC reference. Going to trademark that phrase, it’ll be bigger than Winning
jm
April 21st, 2011
11:07 am
Bosch – as the article states, this is frivolous and the SCOTUS will almost certainly rule in favor of Boeing. But it will cost them probably $10’s of millions of dollars to defend this. It is just beyond unbelievable.
Bosch
April 21st, 2011
11:07 am
” it is sad that unions have driven the labor costs to such an extent,”
Except they haven’t.
http://economix.blogs.nytimes.com/2010/04/07/labor-losing-influence/
getalife
April 21st, 2011
11:07 am
jm,
Yeah, American jobs lost to other countries is depressing for the unemployed.
I agree.
Mick
April 21st, 2011
11:08 am
bm
So, how did we compete in the 50’s, 60’s? We had tariffs that protected our workers keeping the playing field level. I’m not saying that all unions are benevolent but the fact of the matter is that this country has been “sold out” for the almighty profit, american workers be damned…now we have arrived at a new gilded age and have to make corrections and fight our way back….bottom line, the gov’t is complicit but not totally to blame..
jm
April 21st, 2011
11:08 am
So much for Obama being pro-job creation and pro-export and pro-manufacturing.
The guy is anti-job, anti-growth, anti-US (or so it appears). Oy we need a new President. I need a time machine to get to 2013, and if he’s still POTUS, I need one to 2017.
Alternatively, I’ll keep looking for jobs in other countries….
Bosch
April 21st, 2011
11:09 am
jm,
Seriously, if things like that keep you up at night and cause such anxiety, you should think about seeing your doctor. Or Yoga or Tai Chi or something man. I think that situation hardly warrants a poutrage such as to telling the President (who really ultimately has nothing to do with it) to go have sex with himself repeatedly.
I mean, really.
jt
April 21st, 2011
11:09 am
The above 11:05 looks kinda like Obama trying to face his anti-war base….maybe with bigger ears.
Duane
April 21st, 2011
11:09 am
Jay, calling someone who disagrees with you a “Spoiled kid”? Nice arrogance.
Dave R.
April 21st, 2011
11:10 am
“What Boeing’s doing is illegal. You don’t like laws?”
The mere fact that it is illegal for a private company to build a product wherever they choose, is the saddest testimony to the failure of this nation as a long-term viable concern in a world gone mad.
Southern Comfort (aka The Man)
April 21st, 2011
11:10 am
md
I was tired of being told I “was” the victim. Especially when I was in a well balanced, well integrated environment, and I was running near the top of the class in most areas.
BMDPD
April 21st, 2011
11:10 am
J Moore, Dang! True, but Dang!
Keep Up the Good Fight!
April 21st, 2011
11:10 am
Why is it assumed that SCOTUS will rule in favor of Boeing? Is there a legal basis of case references for the claim or just court activism based on politics?
jt
April 21st, 2011
11:11 am
Or maybe the above 11:05 looks like duped Obama voters trying to face their families.
Bosch
April 21st, 2011
11:11 am
“So is coming into this country through the back door…………..doesn’t seem to matter then.”
Yeah, md, I know — talk to the GOP about that one.
getalife
April 21st, 2011
11:11 am
“Alternatively, I’ll keep looking for jobs in other countries….”
So, you are unemployed but cheer on corporate hiring cheap labor in other countries instead of hiring you.
Typical jm,
You vote to lose your job then blame others.
Look in the mirror jm and wake up.
Geez.
Bosch
April 21st, 2011
11:12 am
Dave R.,
What’s sadder to me is that we were forced to pass labor laws such as that to keep companies from screwing it’s employees.
Lil' Barry Bailout
April 21st, 2011
11:12 am
Mary Elizabeth: I hope readers will see all of these factors and will not support what is against their best interests, regardless of party.
———
How about that. I figgered ME would want us to vote for Obozo, but clearly that is not the case.
Keep Up the Good Fight!
April 21st, 2011
11:12 am
The mere fact that it is illegal for a private company to build a product wherever they choose
Someone here does not apparently know the laws that apply to the case. Their “mere fact” is not intended to be a factual statement.
Bosch
April 21st, 2011
11:13 am
And Dave — would you like me to fluff the pillows on the fainting couch?
jm
April 21st, 2011
11:13 am
Bosch 11:09 “who really ultimately has nothing to do with it” um, again, reading comprehension?
“But ever since a Democratic majority took control of the five-member board after Mr. Obama’s election, the board has signaled that it would seek to adopt a more liberal, pro-union tilt after years of pro-employer decisions under President Bush.”
Mick
April 21st, 2011
11:13 am
j. moore
Nice diatribe full of sterotyping, bluster, and false propaganda. Hey, if it makes you feel good – do it….
jt
April 21st, 2011
11:14 am
Actually, the 11:05 is a slimmed down Benjamin Franklin, looking down from Heaven…………heartbroken because of The Federal Leviathon that has strangled America.
md
April 21st, 2011
11:14 am
“But it will cost them probably $10’s of millions of dollars to defend this. It is just beyond unbelievable.”
No….it will cost US 10’s of millions of dollars……………….oh joy.
BMDPD
April 21st, 2011
11:14 am
Bosch, my favorite quote from the article is:
Determining which of these characterizations is generally correct is a complicated task, and well beyond the scope of a short non-technical blog post.
jm
April 21st, 2011
11:15 am
getalife “You vote to lose your job then blame others.”
You’re right. I voted for Obama.
Biggest non-financial mistake of my life. I seriously regret that vote now, though it is ultimately hard to know what McCain would have been like. But he would have been better than Obama.
Joe Mama
April 21st, 2011
11:16 am
JMoore — “But let me ask you marxists”
Where, exactly, are the “marxists” on this board? Purple prose much?
“did you ever take any risk in life yourself?”
Yes.
“Did you ever invest your money?”
Yes.
“Did you ever start a company and go without paychecks to weather the hard times?”
Yes.
“Did you get a college degree or learn to be an electrician?”
Yes.
“Maybe you dropped out of school and decided drugs, alcohol, and sex was the way to go–hmmm.”
No.
“Maybe you placed your faith in the teamsters rather than God–hmmm.”
I’ve never been a union member and I’m an atheist, but I don’t see what that has to do with anything.
“For the most part, the Democratic Party is comprised of the godless,”
There are plenty of theist Democrats, but don’t let that stop you. There are plenty of theist Republicans, too, but many of y’all don’t want to recognize it. Every time Jim Rob figures out that the atheists on Free Republic have been sending each other messages and pings on the side, he kicks us all off.
If you don’t want atheist money, atheist support and atheist votes going to the GOP, I’m sure the Democrats will be happy to take all of the above.
“the perverts,”
I don’t know what you do with whoever in your bedroom and I frankly don’t care. And you can stay the hell out of me and my wife’s bedroom — and stop trying to listen at the door.
“and lazies”
Who do you think works harder? A plumber or an investment banker? A worker in an automobile assembly plant or a CEO? A schoolteacher or a Koch brother?
“who think they are entitled to someone else’s money while rationizing their poor decisions.”
Huh. Guess I shouldn’t have enlisted in the Army and wound up a disabled veteran. Would it be ‘rationalizing a poor decision’ if I regretted serving my country in uniform during wartime?
Southern Comfort (aka The Man)
April 21st, 2011
11:16 am
BMDPD: Mick, it is sad that unions have driven the labor costs to such an extent, that it is cheaper to have products built on the opposite side of the globe. Some products during their manufacturing traverse the Pacific mulitple times. This is still cheaper than paying for unions. So many companies try to keep the jobs in the US by moving to more ‘friendly’ states, but we see what happens there too, huh.
The only way that’s possible even with high labor costs here is because there’s no tarriffs placed on those products coming into the US. We have “free trade” agreements with almost any and every country where we can exploit cheap labor. Once other countries catch on to their exploitation, they demand more in labor, and we have to move somewhere else. In the future, we’ll run out of cheap labor sources and the cost of shipping will make people relocate back to the US. It may take a while, but it will eventually happen.
Lil' Barry Bailout
April 21st, 2011
11:17 am
So the Idiot Messiah thinks it’s his job to tell private companies where they may locate their facilities?
Idiot Messiah and supporters: Fascists.
jm
April 21st, 2011
11:17 am
md 11:14 – well that too. But instead of spending $10 or $20 million on hiring a couple of hundred workers or plowing it into growing the economy, instead it will be a dead loss to the economy because the NLRB will lose. If they win, we’re really toast.
Bosch
April 21st, 2011
11:18 am
BMDPD,
Yeah, and since it’s well beyond HIS scope, I’d say it’s well beyond yours as well.
jt
April 21st, 2011
11:18 am
Possibly, the 11:05 is the progressive idealogy personified.
DD
April 21st, 2011
11:18 am
Bookman, two words, Democrats and Detroit
mm
April 21st, 2011
11:18 am
How pathetic. The Dems need to let them default on our debt. It will make the great depression look like good times. The American voters will not forget.
The last 3 GOP presidents caused $10 trillion of the current $13 trillion debt. And the GOP, along with the fools that vote for them, want to blame Obama.
The GOP passed federal and state tax cuts for the last 30 years that caused all of these budget crises. They cut taxes, but never cut spending. Now they want to cut spending and destroy the economy, just so they can blame Obama.
jm
April 21st, 2011
11:18 am
LBB 11:17 – indeed.
getalife
April 21st, 2011
11:18 am
“You’re right. I voted for Obama.
Biggest non-financial mistake of my life. I seriously regret that vote now, though it is ultimately hard to know what McCain would have been like. But he would have been better than Obama.”
Come on jm,
You are a con and nobody believes that.
Hang in there and keep looking jm.
It is a shame to have to move to a foreign country to get a job don’t ya think?
Southern Comfort (aka The Man)
April 21st, 2011
11:19 am
jm @ 11:05
You have learned well, grasshopper!!
md
April 21st, 2011
11:19 am
“So, how did we compete in the 50’s, 60’s?”
Well Mick…..things have changed a bit since the 50’s and 60’s……………all that sun down there getting to you?
The fact of the matter is…..the ride is over……what goes up must come down…….folks best learn to live with a bit less for the most part……wages here had their run, and are now adjusting accordingly…………
Until we demand to pay higher prices (ha), companies will continue to deliver cheaper goods……and they won’t be coming from the good ole US of A.
Bosch
April 21st, 2011
11:19 am
jm,
“Although the board has not yet issued many major decisions reversing Bush-era policies, it has proposed requiring private sector employers to post a notice about workers’ right to unionize, and Mr. Solomon has begun moving more aggressively to win reinstatement of union supporters fired illegally by management during unionization drives. ”
I guess you missed that part, huh? Wow, that’s something — requirnig companies to post notices and all.
Paul
April 21st, 2011
11:19 am
Dave R.
“” In fact, he doubled Defense spending. Rapidly.”
And thereby reduced or eliminated the threat of nuclear Armageddon; likely forever.”
Dave, the Pentagon had so much money dropped on them in so short a time they had a tough time absorbing it all. Navy was pulling programs off the shelf they’d deemed as “we can get along without this” and put them back in front just to use the money. Classic case was Air Force with the B-! bomber. It was jokingly referred to in the Air Force as “a bomber in search of a mission.” Heck, I could even relate stories about how for years it could not even bomb. At least like it was supposed to. So billions more got spent fixing that problem.
The gush of money was indiscriminate. More like a fire hose spraying down the street when what was needed was a garden hose to wash the car.
Jerome Horowitz
April 21st, 2011
11:20 am
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November 7, 2008
Q: Do 40 percent of Americans pay no taxes?
A: About 38 percent of households have zero or negative income tax liability, but they pay other federal taxes.
Towards the end of the campaign, John McCain and prominent conservatives like Lou Dobbs claimed that Barack Obama’s proposed tax plan would amount to welfare because it offered a tax credit to the 40 percent of Americans who pay no taxes. We’ve already looked into the claims that Obama’s tax plan is a welfare handout (in short, it’s primarily a matter of how you define “welfare,” but Obama’s plan doesn’t look any more like welfare than McCain’s). But what about that 40 percent with no tax liability? Can it really be true that more than a third of the country pays no taxes at all?
According to the Urban-Brookings Tax Policy Center, it is true that 38 percent of “tax units” — which can be singles, couples, or families — are projected to have zero or negative income tax liability in 2009. About 60 percent of these households make $20,000 per year or less.
However, being exempt from income tax does not mean you’re exempt from federal taxes. Everyone who works is liable for payroll taxes, contributions to Medicare and Social Security that come out of every paycheck. There are also excise taxes on some goods and services, most notably the 18.4 cents per gallon tax on gasoline. The Congressional Budget Office found that earners in the lowest quintile, where most of those with no income tax liability fall, shouldered 4.3 percent of the payroll tax burden in 2005 and 11.1 percent of the excise taxes. Their effective tax rate (which is calculated by dividing taxes paid by total income) in those categories, according to the CBO, was in fact significantly higher than the rate of the top quintile, although that top one-fifth of the population had a much higher effective tax rate for individual and corporate income taxes.
-Jess Henig
Sources
Congressional Budget Office. “Historical Effective Federal Tax Rates: 1979 to 2005.” Dec. 2007.
Urban-Brookings Tax Policy Center. “Distribution of Tax Units With Zero or Negative Income Tax Liability by Cash Income Level, 2009.” 15 Aug. 2008.
Copyright © 2003 – 2009, Annenberg Public Policy Center of the University of Pennsylvania
FactCheck.org’s staff, not the Annenberg Center, is responsible for this material.
Home | About Us | Privacy | Copyright | Contact Us
For all you 45% ers.
Joe Mama
April 21st, 2011
11:20 am
Above — should read “There are plenty of *atheist* Republicans, too”
‘Cause there are.
getalife
April 21st, 2011
11:20 am
lil bar,
I thought we were socialists.
What happened?
WOODSTOCK MIKE
April 21st, 2011
11:20 am
As if Democrats don’t use these same type of political strategies?? What a joke, another example of the typical liberal blame game…
You really think that the GOP will not allow the debt ceiling to be raised? If you think that you are a fool. This is part of negotiations and the GOP knows they are playing with a strong hand and they are using this to their advantage.
The problem with liberals on this issue is they truly don’t believe the deficit matters. They can’t grasp that the deficit is likely our countries most important problem and needs to be addressed. Their only answer is the usual, raise taxes…
UGA1999
April 21st, 2011
11:21 am
Jm….i know many more people that feel the same as you about their vote in the last election…..cant wait to vote for “change” 2012.
@@
April 21st, 2011
11:21 am
jm:
Despite the ever-present acrimony in Washington, Obama generally gets credit from independents for trying to change the tone in Washington. By pulling out the big guns on Ryan, Obama might have holstered one of his most valuable traits.
Making sure Ryan was sitting in the front row for Obama’s tongue lashing was despicable.
This is hilarious!
President Obama Highlights Paul Ryan’s Efforts to Save Medicare & Social Security–Jan, 2010
Paraphrasing “We can’t do anything if the other party’s out there claiming we’ll be hurting our senior citizens.”
And yet, in his April, 2011 speech on the deficit, what does Obama say about Ryan’s plan?
It’s a vision that says America can’t afford to keep the promise we’ve made to care for our seniors. It says that ten years from now, if you’re a 65 year old who’s eligible for Medicare, you should have to pay nearly $6,400 more than you would today. It says instead of guaranteed health care, you will get a voucher. And if that voucher isn’t worth enough to buy insurance, tough luck – you’re on your own. Put simply, it ends Medicare as we know it.
Yesterday’s words bite!!!!
Joe Mama
April 21st, 2011
11:21 am
Lil’ “So the Idiot Messiah thinks it’s his job to tell private companies where they may locate their facilities?”
What do you think zoning laws do? (pointing, laughing)
“Idiot Messiah and supporters: Fascists.”
Lil’ and sycophants: clueless.
Bosch
April 21st, 2011
11:23 am
“The problem with liberals on this issue is they truly don’t believe the deficit matters.”
Dick Cheney is a liberal? Who knew?
getalife
April 21st, 2011
11:23 am
Anybody Google how many times w raised the debt ceiling yet?
Pesky facts clouds your ideology doesn’t it.
TaxPayer
April 21st, 2011
11:24 am
Someone give jm a job. I’m really tired of supporting him on taxpayer dollars for the past 99 weeks.
md
April 21st, 2011
11:24 am
“In the future, we’ll run out of cheap labor sources and the cost of shipping will make people relocate back to the US. It may take a while, but it will eventually happen.”
Can’t agree with that one……..there are an awful lot of poor nations out there…….we are but a drop in the bucket………it will take lifetimes for the cycle to run it’s course through those poorer countries.
@@
April 21st, 2011
11:24 am
Oops!
Am I blue? Am I blue?
Nope!
IHB
Mick
April 21st, 2011
11:24 am
md
Of course things have changed, can you hear that giant sucking sound? We gave up protecting our self interests as a country because so many worship the god money, sad but true, the people have been sold out…
getalife
April 21st, 2011
11:26 am
jm,
McDonald’s is hiring so you really need to stop blaming others and take the job.
Bosch
April 21st, 2011
11:27 am
md,
I’ve read several articles that speculate that manufacturing will eventually move back to the US — I agree, I don’t think it will be in the next couple years, but as fuel prices go up, manufacturers are re-thinking their plans.
mm
April 21st, 2011
11:27 am
“The problem with liberals on this issue is they truly don’t believe the deficit matters”
You righties have really convinced yourselves of this. I remember Dick Cheney saying about 3 years ago, “Deficits don’t matter”.
And everyone of you wingers were saying the same thing at the same time. It’s only blah blah blah percent of GDP.
You folks have no credibility.
jm
April 21st, 2011
11:27 am
Soco 11:19
getalife 11:18 – believe what you want
Bosch 11:19 – that’s a separate issue, not related to moving a whole frickin’ airplane manufacturing plant. just another absurd move by them. running out of straws yet?
jm
April 21st, 2011
11:30 am
I mean, I’d pretty much had it with Obama before today. But this just takes the cake…..
stands for decibels
April 21st, 2011
11:30 am
So the National labor relations board has actually backed labor?
I can see why jm and LBB’s tender feefees are hurted.
getalife
April 21st, 2011
11:30 am
Bosch,
Once again, corporate greed chasing cheap labor is the reason manufacturing left.
My only corporate job was one of the first to move to China and now they are coming back.
They tossed quality of the American worker to produce cheap crap and they lost money like I told them.
jt
April 21st, 2011
11:31 am
no,no……….I got it……………….
The 11:05 was a picture of Jay Bookman everytime he receives the latest “talking points” from the DNC on how to put a positive spin on Obama’s accomplishments.
Bosch
April 21st, 2011
11:31 am
jm,
It IS however a direct counter to your previous poutrageous post @ 11:13. All they’ve done is required employers to post stuff — real radical stuff there, jm.
Libertarian
April 21st, 2011
11:32 am
Its easy to see that unions ruin companies and are unnecessary at this time in history:
Ford, GM, Chryster, Pontiac, etc.(unions) VS. Toyota, Honda, Kia, Nissan
Delta VS. Northwest (unions)
Bosch
April 21st, 2011
11:32 am
“But this just takes the cake…..”
Oh come on jm, we know you’ll find some other non-issue to swoon about tomorrow.
Bosch
April 21st, 2011
11:33 am
“So the National labor relations board has actually backed labor?”
That’s the REAL news of the whole damn story.
jm
April 21st, 2011
11:33 am
Bosch 11:31 – they’re SUING Boeing to get them to move what might be a Billion dollar plant. And that means nothing to you? I might have to post 10 of SoCo’s head in hands….
md
April 21st, 2011
11:33 am
“We gave up protecting our self interests as a country because so many worship the god money, sad but true, the people have been sold out…”
Those sold out people are the ones that caused the problem……….Walmart wouldn’t be importing all that cheap crap from China if the “people” didn’t buy it…………….it is the demand for cheap crap that allows the supply to continue……………..
As I said earlier………when americans decide to pay more for goods is the day industries will make it here………..until then, don’t count on it.
@@
April 21st, 2011
11:33 am
Paul:
Some of us like to take it all in, step back, and try to understand the larger picture.
My, my, but aren’t YOU special?
schnirt
I’m out to tackle those windows…nine total. I’ll likely be dead before they’re done. Why do I bother?
Beats goin’ round and round on a blog.
getalife
April 21st, 2011
11:34 am
jm,
Take a break dude.
You sound bitter but the jobs are improving.
Hang in there and keep looking.
jm
April 21st, 2011
11:34 am
Bosch 11:33 – the way Obama is going these days, you’re probably right.
I’d almost be shocked if he doesn’t impose Nixonian price controls and starts dictating where people live and work by the end of 2012.
Southern Comfort (aka The Man)
April 21st, 2011
11:34 am
md
I might be wrong, but I don’t see the US investing much on the continent of Africa. All one has to do is listen to many of the viewpoints from citizens now on conditions there. Many of the poorest of the poor don’t even have money to invest in basic infrastructure that we would want to have in place in order to exploit that cheap labor. Do you honestly believe that companies are going to go into a country, build that country’s infrastructure from the ground up, and then exploit cheap labor?
stands for decibels
April 21st, 2011
11:35 am
mm, Cheney’s comment was actually 7 years ago, and to be somewhat fair to the shape shifting lizard-man, he was speaking of the political impact of deficit spending.
http://www.issues2000.org/2004/Dick_Cheney_Budget_+_Economy.htm
md
April 21st, 2011
11:37 am
“I’ve read several articles that speculate that manufacturing will eventually move back to the US — I agree, I don’t think it will be in the next couple years, but as fuel prices go up, manufacturers are re-thinking their plans.”
Logistics indicate Mexico would then be the better bet……….labor is still a fraction of what it is here……..just stating the facts.
ken
April 21st, 2011
11:37 am
GOP could do real damage. HA HA Bought gas and food lately ? How is the value of you house? How much are you earning on CD’s ? Got a raise lately ? Bought an airline ticket ? Ask your children if they think that they will have a standard of living as good as you have ?
Bosch
April 21st, 2011
11:37 am
“they’re SUING Boeing to get them to move what might be a Billion dollar plant. And that means nothing to you?”
The company also said it had decided to expand in South Carolina in part to protect business continuity and to reduce the damage to its finances and reputation from future work stoppages.
So help me out here, is that why Boeing is expanding the plant in South Carolina?
jm
April 21st, 2011
11:38 am
sfd 11:35 – I think my jaw just hit the floor. I think you may be right “political impact”. Hard to know for sure. I have no doubt that Cheney does think $1.7 Trillion deficits matter, both economically and politically.
@@
April 21st, 2011
11:38 am
Paul:
One more thing. It’s easy to see why you’re so impressed with our president. You have his gift for gab with little to show in results.
No offense intended, just an observation.
Bosch
April 21st, 2011
11:39 am
md @ 11:37 — I’m not disagreeing with you — you are probably right on about that.
jm
April 21st, 2011
11:39 am
Bosch 11:37 – jesus dude. you’re really that daft.
That’s what the NLRB is suing to stop. “Boeing is expanding the plant in South Carolina”
Keep Up the Good Fight!
April 21st, 2011
11:39 am
Its easy to see that unions ruin companies and are unnecessary at this time in history
Right, we need more companies with Chairman of the Board like Trump who are paid $2 million a year but “did not run the company”. Its because of the unions that Trump got this “genius”
getalife
April 21st, 2011
11:39 am
“Logistics indicate Mexico would then be the better bet……….labor is still a fraction of what it is here……..just stating the facts.”
Well, they have a drug war waging so factor in that in your profits.
md
April 21st, 2011
11:40 am
soco,
Too many countries in Asia to carry the load with billions of people……..Africa has plenty of time to get it’s act together……….wasn’t too long ago, Vietnam, and Cambodia were war zones…….now becoming big players in the global market of cheap labor.
jm
April 21st, 2011
11:40 am
Bosch, you know what. I’ll accept your inability to comprehend the article. The news is so shocking it really is hard to believe and understand.
Mick
April 21st, 2011
11:40 am
md
Bogus…japan was selling cheap garbage in the 60’s, we mocked their crappy transistor radio’s. Something changed in the following decades, they got better at electronics and car making, we eased our tariffs and the rest is history. Try buying a cadillac in japan, the tariff is so high it’s almost impossible, they protect their self interests, something we need to get back to…
Jay
April 21st, 2011
11:41 am
“GOP could do real damage. HA HA Bought gas and food lately ? How is the value of you house? How much are you earning on CD’s ? Got a raise lately ? Bought an airline ticket ? Ask your children if they think that they will have a standard of living as good as you have ?”
And you want government to fix all that for you, Ken?
And md, given all that’s going on in Mexico, do you really think companies want to move there?
Joe Mama
April 21st, 2011
11:42 am
Ken — “GOP could do real damage. HA HA Bought gas and food lately ? How is the value of you house? How much are you earning on CD’s ? Got a raise lately ? Bought an airline ticket ? Ask your children if they think that they will have a standard of living as good as you have ?”
How’d your 401k or IRA do under President Bush? That 42% drop in the Dow hurt much?
And how’s your 401k or IRA doing under President Obama? That recovery helping to plump up your retirement account balance any? Or did you sink it all into gold coins, as Glenn Beck advocates?
Bosch
April 21st, 2011
11:42 am
md,
“when americans decide to pay more for goods is the day industries will make it here………..until then, don’t count on it.”
Your comment here reminded me of something — have you ever seen that show Hoarders? or Clean House? Watching those shows makes me realize we have too much damn stuff. Sometimes I think it would be nice to go back to the days of quality instead of quanitity. Ya’ know?
Bosch
April 21st, 2011
11:43 am
“And md, given all that’s going on in Mexico, do you really think companies want to move there?”
Yeah, didn’t think of that.
getalife
April 21st, 2011
11:43 am
@@,
I don’t think Paul fits any label but agree with his “gift for gab”.
You could argue he is a long term thinker like the President.