As share of GDP, corporate profits highest since 1950

Well, corporations are treated as persons, tax them as such!

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“Yet conservatives continue to argue that the business climate under President Obama stifles profitability.”

You’re not digging very deep are you Jay? When the business climate here makes it easier to ship jobs to other parts of the world, how does that affect corporate profit? And how does it affect wages of Americans who feed GDP?

You liberals keep piling on the paperwork and regulations, business keeps following the path of least resistance (shipping jobs overseas), and then you whine about them doing what they have to do to stay in business. You are absolute masters at unintended consequences. Masters!!!

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rb

Are you sure you are an american? Whiny, pessimistic, and sour is no way to go thru life son…

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looks like the share of money going to employees has been going down for many years. i guess the companies should jump on the good times bandwagon.. pay more out to everyone.. and hope for the best.. oh.. thats right.. someone did that already.. state and federal govts. how is that working out?

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Beginning with Reagan we actually began writing laws that rewarded multinationals for shipping millions of American jobs overseas.

And that disgusting little man who said, “Corporations are people, my friend.” wanted to double down on it. He would have made U.S. corporations’ overseas profits exempt from U.S. taxes.

Romney’s proposed exemption for foreign profits would exacerbate the worst features of our current tax system. It would:

Further invite the offshore tax haven abuse that deprives the U.S. Treasury of tens of billions of dollars in revenue every year

Fortunately he was so glaringly unfit to lead the republic, that we kicked him to curb where he belonged. But alas, he caught the next flight out to Bermuda and the Caymans to count his billions…

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Mick, “Are you sure you are an american? Whiny, pessimistic, and sour is no way to go thru life son…”

Wake up and realize that moisture on your head ain’t rain, Mick. You’re being lied to.

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union

People in this day and age love to union bash but the chickens are coming home to roost because wages have been stagnant for close to a generation. By all means cheer on the corporates because we all know how concerned they are for their workers! wink wink

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“OBAMA LIED ……. JANITORS ‘CRIED’ … ” ??

Headline (Washington Post Fact Checker): “Sequester spin: Obama’s false claim of Capitol janitors receiving ‘a pay cut’ ”

“Indeed, Obama’s remarks at the news conference so alarmed Capitol Hill officials that an e-mail was sent by the Capitol building superintendent that comments that people who clean the building would get a cut in pay were “NOT true.”

http://www.washingtonpost.com/blogs/fact-checker/post/sequester-spin-obamas-incorrect-claim-of-capitol-janitors-receiving-a-pay-cut/2013/03/01/3407535c-82a9-11e2-b99e-6baf4ebe42df_blog.html

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“When the business climate here makes it easier to ship jobs to other parts of the world, how does that affect corporate profit? And how does it affect wages of Americans who feed GDP?”

Can you cons for once be honest about anything? The jobs are going overseas because the wages are cheaper, thus increasing profits.

We have 4 family owned businesses. Regulations are not hurting the businesses. The fact is consumers have no extra money to spend, if they are lucky enough to have a job at all.

BECAUSE CORPORATIONS ARE HIRING OVERSEAS!!!!!!!!!!!!!

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Jay, at what percentage of the entire US economy does US corporations support? I’d argue that most of the jobs in this country are created by 1. small business, 2. some gov’t entitie (federal, state, local) then 3. Large corporations. Yea they may be making money but what about small businesses? Yet you are proposing they should have the same tax rates as millionaires? oh wait, what you want to do is tax stock options at 40% and raise corporate tax rates. Do you realize most state pension retirement plans are based on the profitabilty of corporations. If they aren’t making money, then teachers and firemen and police officers get shorted on their retirement. Along with the lower middle class joe like me who is blessed to even have a 401K. why do you want my retirement check taxed at 40%?

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“why do you want my retirement check taxed at 40%?’

Dude, if they’re taxing your retirement check at 40%, you’re in a WAY higher tax bracket than I am! I find I don’t believe you – no offense…

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Jay, what would this chart look like if we were only including domestic corporate profits? My guess is that it would still be impressive in terms of profit growth but probably a meaningful amount less robust. Curious. Thanks.

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“Obama’s policies stifle growth”

Which policies, and how are the stifling growth?

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RB from Gwinnett: “You’re not digging very deep are you Jay? When the business climate here makes it easier to ship jobs to other parts of the world, how does that affect corporate profit? And how does it affect wages of Americans who feed GDP?”

Did you not learn one single thing from your reading of Marx?

I mean, seriously.

It doesn’t take an economic genius to see that profits are in direct proportion to the revenue generated from production and the costs of production. And what is usually the central cost of production for any product?

Labor.

The more you can slash you labor costs — and no better way to slash those than to attack labor rights and/or to have the freedom to move production to locales with no labor protections — the more you can, you follow me?, raise profits.

See? Very simple. Even a 5th grader could grasp it very easily.

Can you now?

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well we know the coal industry has not suffered from any regulations.. what are these people talking about?

@ mick.. per unions.. etc.. i dont fault unions at all.. i fault the people that setup the ridiculous deals.. seems union spent an absurd amount of money to recall gov walker and they said it the laws went through.. the sky would fall… (picking up on a theme here) but alas they were wrong.. more people hired.. more savings for the local govt.. what a shocker.

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“Uh, austerity?”

If they come back with that excuse, from the group that claims he’s the “biggest spending President in history”…I just might die laughing.

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JAY

Seems a good time to execute the Anti Dog Eat Dog Bill and the Equalization of Opportunity Act..these would be likely on the path many seem to support. They certainly would slow the divide of the have’s and the have nots as the main tenet to BO’s theme.

Of course profits are robust. Given the circumstances, how could anything else be possible?

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I say the business environment under The Obama is full of uncertainties created by the Affordable Care Act, Dodd-Frank and our budgetary issues. When businesses are uncertain, they tend to build up reserves to weather any unforeseen negatives. Understanding that I don’t agree with it being used to ruffle populist feathers for political gain

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Oh and by the way, when democrats are willing to accept entitlement cuts in actual legislation, you will have witnessed something more historic than republicans accepting defense cuts

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Jm – your assertion that “This chart an data is meaningless” because “American workers have never been more poorly educated relative to international measures” is nonsensical.

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LOL And JM is back as well pretending nothing happened…….. just as I predicted.

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Why doesn’t anyone want to discuss the prime culprit of productivity gains and upward stress on unemployment? That would be technology. I guess we could retard the growth of technology by making all patents property of the government. That way, our elected officials could decide whether allowing them to hit market is good for employment or should be shelved in the dusty basement bins of some unremarkable white stone DC building…

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Corporate welfare can be cut.

Jump on board cons and force your party to cut corporate welfare.

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Are you suggesting profitable corporations should bring back all those offshored jobs?

No Stevie. Some companies have however determined that the infrastructure problems, the marketing issues and logistics indicate that they should bring some of those jobs back. The world is a different place than it was 30 years ago. But let’s be clear also: If you want to take the advantage of American market, then you need to contribute to the American economy and its government. Those who don’t should have to take a Carnival cruise.

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“Why doesn’t anyone want to discuss the prime culprit of productivity gains and upward stress on unemployment? That would be technology.”

Stevie Ray, I can only assume this is sarcasm. This kind of insightful, critical thinking would have led to government subsidizing horse carriage makers in the early 1900’s so they could compete with Ford.

Obama shows the mental prowess of a 6th-grader when makes claims like “automation, such as the ATM, costs jobs.”

No, it doesn’t. The companies who build, maintain, and refill the ATM’s also need to hire people. Any losses of bank teller jobs is compensated for by these new jobs.

Again, I think you were being sarcastic, Stevie Ray. I certainly hope so.

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Just in case it hasn’t been said already…

Companies are supposed to profit. That’s what they do. They don’t give a sh*t about the country, government, or the citizens of the company.

Now, I’ll go read the comments as I know there’s some comedic gold waiting to be mined.

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Welcome, “Can you now?”

You should go back and re-read what I wrote. Moving jobs overseas either has a neutral or positive impact on corporate profit while it stifles GDP because there are no wages for American workers to spend.

And here’s the worse news. It ain’t gonna change any time soon. As long as there are millions of “jobs Americans won’t do” there is somebody on the planet who will and would be thrilled to have the income. Our “less fortunate” class is going to be left further behind.

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Lets start with the banks and big oil welfare that is waste cons.

You can do it.

Low hanging fruit begging to be cut and you know it.

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Lots of “OBAMA’S regulations blah blah blah” but no examples of said regulations… just another day at the office here at Bookman’s libural blog…

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Profits are made worldwide. If you want a bigger share of tax revenue, lower the corporate rate. It makes no sense to setup a business in the US if the tax rate is 35% when neighboring countries are at 20% or less. Obama been nothing but caustic to business and should learn to lure corporate business back to the US the way other countries have. Just take a look at Canada’s campaign to attract business with a 20% rate. 20% of something is better than 35% of nothing.

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Now, I’ll go read the comments as I know there’s some comedic gold waiting to be mined.

Your one of the biggest sources of that daily.

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So what is not asking profitable corporations to pay taxes then?

I owned a small business for ten years, I had to pay taxes, the only regulatory hurdles I had to contend with came from W’s inept regime…

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Did you ever notice that most dims have no problem with paying $5 for a 24-oz. cup of coffee at Starbucks but complain endlessly about evil, greedy oil companies who provide us with a GALLON of gasoline for $4?

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TaxRatesLowerElsewhere? What type of business do you own? What businesses have you tried to start but couldn’t since ‘Obama” is in office?

My business is fine. I’m currently working on opening a restaurant. I don’t see obstacles, I see money and opportunity. I find that most of you on the “Obama kills business” bandwagon don’t have a business nor ever have had one.

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Just look at the cons bowing down for corporate welfare.

Shut up about the other welfare and the deficit cons.

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“I am talking about welfare that you are dying to cut for the poor but nothing on corporate welfare.”

Again, I disagree with your premise that allowing corporations to keep more money that they have EARNED constitutes “welfare”.

Got it?

And by the way, let’s say we slam oil companies with more taxes (i.e. ending what you can “corporate welfare”)

What do you think they would do in response to that? Hmmm, do you think they might just raise prices?

I know thinking more than one level deep is difficult for more dims, but give it a try sometime.

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Occupation

I don’t see any legislation that has passed the senate cutting entitlements

Imaginary world you live in

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RB: ” Moving jobs overseas either has a neutral or positive impact on corporate profit ”

That’s contingent on numerous factors, RB. As I said, the key factor is wages and labor protections (i.e. the lack thereof) in the two countries, along with various other things like environmental regulations, transportation and distribution costs, etc.

But, presumably, the corporation would not make the move if the net result on profits were negative. So to that extent, of course, what you say tends to be the case.

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As long as O’bozo insists on implementing his anti-business, redistributionist policies these stats are unlikely to change. Since there exists absolutely no evidence he understands how destructive his euro-marxist philosophy affects markets, the economy will struggle for at least another four years.

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Stevie Ray, your logic is making my head hurt.

There are always losers when new technologies are introduced. That doesn’t mean necessarily that employment stress is a necessary expectation from said technological improvement.

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“How many men did it take 10 years ago to repave a road?”
I’m not sure. It probably takes men to build and maintain the new road paving equipment.

“one could accept money via a little gadget on your iphone or something just a sillly”
Don’t the smartphone companies and app makers have to hire people to build this hypothetical system?

“How many auto employees does it take to build a car compared to 15 years ago?”
Maybe less. Fantastic. Shouldn’t that mean cars will be cheaper? Which leads to more money in your pocket to buy other goods and services? Which leads to new companies, which leads to new jobs?

I guess you weren’t being sarcastic. So technology is the killer of jobs and the economy?

Maybe we should go back to hunting and gathering. Yes, that’s sarcasm.

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” If that’s not welfare for corporations, is it considered welfare for private citizens to keep more of their money that they have earned?”

No. Welfare is taking from those who have earned it to redistribute it to those who did not earn it.

Is this concept really that complicated?

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Kenyan Marxist Socialist policies are destroying this great nation of America….if we could only go back to the times of slavery and indentured servitude. Those were the good ol’ days!!!!

Thought I would say it before some Republican said it…

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Brocephus: I COULD be mistaken, but I think Cheesy Grits meant that comment in a GOOD way. Like many of your posts are humorous, which they are.

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So the claim is we regulate too much and we make too much money? Wow! How many oil disasters do we hear about in these oil rich countries? When you look at the oil fields in the middle East how much vegetation and living space are surrounding them?

The fact that we have regulations to govern corporations is why we can have habitable land and water we can drink. Jobs are being shipped overseas because the living conditions of those people are not important to the few who rule in those lands therefore not very many regulations. Those of us in this country who see regulations (safeguards) as the reason jobs are leaving this country are failing to think just a little bit further. Greed is why they are setting up business in other countries. How did we build this country with double the corporate tax rate in our history?

Business has a right to profit and a people have a right to a livable wage. I guess what it boils down to is many people see profit as a right and decent wages as a whim.

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SoCo/Bro

http://www.alternet.org/news-amp-politics/guess-what-tsa-has-probably-rifled-through-your-sex-toys

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Geez Brocephus. You can’t expect ‘98 to answer THAT. It requires knowledge and an understanding of the Neal Boortz phrases he is using……..

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sink

**Since there exists absolutely no evidence he understands how destructive his euro-marxist philosophy affects markets**

What realty do you live in? Congress legislates, try blaming your toadies in the house or mcconnell in the senate where the bar is 60 votes – there’s your destruction…

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willie lynch: LOL I read your 2:38 but thought it was from williebkind. As i was reading I thought I had lost my mind or he had been name jacked.

Anyway, good post.

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Jay, thinking that there is a direct coorelation between profits and the business climate. That is funny.

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MO MONEY! MO MONEY! MO MONEY! For the TAKERS as far as the EYE CAN SEE…..

Now tell me again REPUKES, how President Obama is destroying America?

Seems to me its BUSINESS AS USUAL in Corporate America!

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Kamchak

I can’t tell you the number of people who travel with those in their bags, many of them carry-on bags. From that link, it sounds like they’re talking about checked bags as that’s where notes are left when a bag is searched. Notes are not given out for carry on as the person is there to witness the search. It could be that people are nasty, but if I didn’t have to, I wasn’t searching anybody’s bag with sex toys because of where they’ve been. That’s as bad as having to search somebody’s bag and they have sh*tty drawers in there.

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You liberals keep piling on the paperwork and regulations, business keeps following the path of least resistance (shipping jobs overseas)

Wow! I’m surprised, really, really, surprised that it took this long for RB to finally say this! He’s been gearing up to it for a couple of months now; but I thought, (Dumb Debbie was soooo dumb that she thought….) RB was only spouting rhetoric and wasn’t seriously thinking about turning this great nation into another 3rd world country for American corporations to spoil and pollute!

Man! Was I wrong……………..

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Don’t know how it will affect us in the long run, but I do have first hand knowledge on prices going up on goods made in China. Chinese workers are demanding more and it ripples into pricing.

Anyone who thinks Apple will be making items in the USA because they are patriots is being foolish.

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Debbie, what? You object to having horsemeat in your meatballs?

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Labor built this country.

Greed is destroying it.

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If corporations are making such huge profits and 47 % (there’s that number again!) work for large corporations, why are wages plummeting? I’ll tell you why. Because wages go along the way of unions. If there are strong unions, everyone’s wages increase–even non-union workers. When unions are crushed, everyone’s wages declines. It’s true that a rising tide lifts all boats when it comes to union success.

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The problem in this Country is people like that bank executive in Ellijay; a pillar of the community and probably a staunch conservative.

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I can’t tell you the number of people who travel with those in their bags, many of them carry-on bags.

3 times so far and always on the return trip filled with dirty laundry
_____________________________________________________

You object to having horsemeat in your meatballs?

don’t knock it til you’ve tried it

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Lynnie Gal

March 4th, 2013
2:55 pm

Wages plummeting? Wow, that’s quite dramatic I think. Unions are only exceeded by religious institutions in terms of investments to remain relevant. The trend in union participation (value) is what is plummeting….a good idea way past it’s prime..

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“Hell, I can order it myself, and I don’t have to drive back to the store”

And have you ever thought to ask them if they can have it shipped directly to you? Most of them can.

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Good thing that Bernie (Madoff) is able to blog with us. Please, tell us more.

One of the real issues facing employment and corporate America now is that institutions laid off 10-15% of the workforce in ‘08 and ‘09 and unfortunately no one is missing them.

Education, skill, and technology gap- income and wealth gap are a symptom not a cause.

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LOL at my 2:57
I was referring to a bag search….nothing else, i swear

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Kamchak ~ Thug from the Steppes

March 4th, 2013
2:57 pm

I do have first hand knowledge on prices going up on goods made in China.

I do have first hand knowledge of Catrinel Menghia’s anatomy.
_________________

You’re a lucky guy.

She’s hot, but I’m not so sure hot enough to raise pricing of Chinese goods so that more people go to work here.

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“As share of GDP, corporate profits highest since 1950″

A relative by marriage posted one of those inane pics on Facebook about Obama being ‘the worst president ever’. I had about a three-day exchange with a woman and cited nearly every sound bite she posted was true of Bush, not Obama (increased gov’t spending, bailouts, to name a couple), or was true of Obama, not Bush (record corporate profits, lowest fed taxes as percentage of income,r record stock market growth – all the stuff we read here) or misrepresentations or lies (Obama wants to confiscate my guns). Her response was to ’stop whining about Bush.” I noted most everything she disliked about Obama was true of Bush, not Obama. She said she just wanted her opinion. I asked, what if your opinion is based on bad information? Don’t you want to know so you can change it? She said “I’m done, stop lecturing me.”

It so reminded me of Jay’s blogs on topics like this. “Don’t bother with the facts, I just want to keep my opinion that Obama’s bad and responsible for everything.”

This topic is no different.

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Kam: I try to give my business to brick and mortar retail shops, but I am continually told, “We don’t have that in stock, but I can order it for you.”

Hell, I can order it myself, and I don’t have to drive back to the store.

That’s because companies shed warehousing a while ago in order to cut costs. Most companies rely on a just-in-time supply model where any interruption in the supply chain can cause all kinds of chaos.

————–

EC

Only by searching the bag will we know whether the cat is a vibrator or not.

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Doggone/GA

March 4th, 2013
2:59 pm

Not sure that is productive….just means I have to go to the store twice….the cost of gas alone makes the transaction unfavorable. Of course if you invest a couple hundred into a reading device, you never get out of stock replies for the books available, no gas expense, and instant gratification…

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Well, I always did think we never treated corporations very good. At the least we shouldn’t tax them. And maybe when one walks by we should offer our wife or josef—whichever way they roll. And maybe the first-born.

Far as I’m concerned us Conservatives need to cozy up to the corporations alot more.

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“I’m a part time resident of two states, and while my comings and goings are pretty flexible, I prefer not to have to wait for a delivery.”

but if you order it yourself, you have to wait. What’s the difference?

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Jm

“And Obama misspoke about janitors wages being cut.

The liberals just lie and lie and lie.”

For all you concern about lies by the Executive Branch, I cannot recall you ever posting the same about VP Cheney or SecState Powell or Nat’s Sec Advisor Rice lying that cost 4400 American deaths and tens of thousands wounded.

And here I thought you were concerned about lying in general, not just specific cases.

Then again, you always did have your priorities straight.

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Lynnie, to your point, there have been two great organizations in this country that have protected the American working family from the unmitigated and ruthless power and corruption of America’s robber barons.

They have been labor unions with the wonderful American tradition of collective bargaining and Uncle Sam who outlawed the moist vicious excesses and treatment of American workers.

Both have been effectively gutted by the modern day GOP fascists. (Hitler banned labor unions when he first came to power.)

THAT is why incomes have essentially FLATLINED for nearly 80% of American workers.

And the new robber barons laugh as they have the servile, working class schmucks of the gullible right wing in their back pockets helping them consolidate more and more and more power and wealth into fewer and fewer and fewer hands.

It makes no sense, but this is the disease of perverted capitalism…

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Not only are businesses making a more substantial profit, they are refusing to share those gains with the workers.

Documented reports show that business has more $2Trillion dollars cash on their balance sheets.

http://finance.fortune.cnn.com/2012/06/06/2-trillion-cash-obamas-fault/

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LOL Jackie, quite the contrary. Did you read teh AJC article last week about Corporate VIP’s getting HUGE salary increases?

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…but if you order it yourself, you have to wait. What’s the difference?

Yeah, that’s why I prefer brick and mortar retailers, but for some reason, most of what I want usually has to be ordered.

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“My business is fine. I’m currently working on opening a restaurant. I don’t see obstacles, I see money and opportunity.”

Odds are you will be chirping a different tone.

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JamVet: They have been labor unions with the wonderful American tradition of collective bargaining and Uncle Sam who outlawed the moist vicious excesses and treatment of American workers.

So, that’s where the whole “no vaseline” thing came from? I learn something new here every day.

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@Erwin’s cat

The key word in your post was “bonus.”
How many average workers receive a bonus, yet, they work harder and more productively than ever?

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bman: Odds are you will be chirping a different tone.

It all depends. Had a new restaurant open up within walking distance of my house in late Nov/early Dec. The parking lot has been packed all day, every day since then. I wanted to take the family there, and the wife agreed that we’d go once the crowd thinned out. We still haven’t been yet.

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@Erwin

Couple my original assertion with the fact that economists have said that wages are not stagnant, they are plummeting.

http://www.washingtonpost.com/blogs/wonkblog/wp/2012/07/31/wages-arent-stagnating-theyre-plummeting/

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This is classic…at the expense of having my politics defined I offer the following:

Now it appears Obama has backed down. After issuing apocalyptic warnings of the plagues and pestilence would descend upon the land if the sequester took effect, on Friday he declared, “This is not going to be [an] apocalypse, as some people have said.” (Some people, Mr. President?) Instead of the end of the world, the sequester is now “just dumb.”

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Entrepreneur, lawyer, shareholder advocate, and author, Robert A. Monks wrote recently that “American corporations today enjoy an absolute reign. They and they alone have the power to control the rules under which they function. Corporations, and the most powerful CEOs acting through them, have effectively seized authority over the United States without assuming any of the responsibilities of dominion.”

Was corporate domination the theme of the recent Republican and Democratic conventions? Only to the extent to which hospitality parties put on by the drug, banking, insurance, energy and other industries had the best booze, food and other allurements.

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Jackie: How many average workers receive a bonus, yet, they work harder and more productively than ever?

I would add how many workers are misclassified, often intentionally, by employers to avoid paying overtime and to provide benefits.

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@Erwin

Here is further info to help you understand my point about the American labor force.

http://www.inc.com/news/articles/200709/labor.html

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mm

March 4th, 2013
3:12 pm

If your argument is that all of our woes rest solely upon the shoulders of the dreaded 1% or whatever, your time came and went. Guess the other variables are simply silly foibles pushed by evil conservatives..

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Jackie…I don’t argue the wage/gap issue, it is what it is. What do you propose as a solution?

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Fred

JamVet teed it up. All I had to do was take the swing.

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Jackie, the IRS has been cracking down on it to some extent but they too have limited enforcement resources. Same thing with the “subcontractor” classification.

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that most workers can be classified as management

most?

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Yoiks, Bro!

Well somebody here uses the acronym BOHICA (Most vets are familiar with this one!), so why not?

Huge LOL!

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Interesting but useless chart.

There’s your sign.

Lame, lame, lame….

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This is fun read:

http://www.washingtonpost.com/opinions/ej-dionne-in-catholicism-and-politics-a-crisis-of-governance/2013/03/03/b5c1a1f4-82c7-11e2-a350-49866afab584_story.html?tid=pm_opinions_pop

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There are strict rules and guidelines for determing if an employee is exempt or non-exempt. If the guidelines are not met than a company is liable for all back overtime earned if they are ever caught, which only takes a phone call.

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willie lynch – from what I hear/read, Chinese working conditions can be like the salt mines of old. So, no, I don’t think they are wrong in making demands. I was simply using the example that things are starting to change.

I do know that some American companies use third party auditors to check the working conditions, age of employees, etc. in addition to product quality when having products manufactured in China. How that affects or plays a part in Chinese workers demanding better conditions, I’m not sure.

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Mr. Jamvet, thanks for the correction….didn’t realize we had that few gov’t workers…
Regnad, what I was saying is that a 401K earns its money through investments therefore making it a capital gain, at least from my understanding. There are liberals who want to tax capital gains at the highest income tax bracket which is nearly 40%. I don’t think that’s reasonable….especially at my income level, which is pretty low btw…..

I kinda agree w/ getalife about corporate welfare but he argues you should give “green energy” companies money…I’d say that’s welfare…if you give them a low interest loan with the hard agreement you get the money back, that would be different in my eyes.

I’m not against large corporations getting tax breaks but they shouldn’t receive one penny from the gov’t in a form known as a refund. if their tax liability happens to be zero, that’s one thing, it’s another thing to write them a large check..

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@In The Middle

Without the median wage rising to a level that would afford the worker more disposable income, the supply/demand curve will begin to fail and the demand for goods and services will be severely curtailed because the median income salaries will not be able to fuel the demand for those products being produced.

A classic example would be Henry Ford and Walter Ruether of the UAW. Henry told Walter that he had the ability to automate his production line and he was planning on laying off a majority of his production workers. Walter responded, Henry, if you don’t hire anyone at a wage that they can live on and have enough money left, who will buy your cars?

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@Stevie Ray

I am favor of those policies that will be beneficial to all Americans.
Sorry to hear that you still believe in the Lafler curve.

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Obama will eventually be right, this will cause another recession. The only way this country is going to get out of this cycle is to let things die and replace them. The poor won’t know the difference, the rich or the entitled entity that keeps this recession alive so they can live the life of kings with no real national product are the ones who would feel a depression. The figures show it.

O had the banks where we needed them when he came into office; he got soft and let them survive, in a dysfunctional and corrupt systemic disease ridden reality call monopoly. This is where the cancer is found in the American economy and if closely examined a lot of the world’s economy or lack of it is this monopoly of organized crime run wild. We right here in America started the world wide panic, with our falsely rated papers and lack of integrity that once could be traded on. If we cannot be trusted and have no integrity what are we good for? But now the monster has escaped our borders and who pray tell can stop them. It is like Madoff taking over the world.

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@Erwin

Same argument that was used in trying to keep the minimum wage from rising.

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How many Moonbats here have actually owned a company and made a profit?

How many even consider, for example, how energy drives up prices at all levels?

How many consider that the energy policies of the Obama Administration is responsible for higher prices and/or smaller quantities at the same price?

If faced with shutting a company down or moving it off shore where profits would certainly come, what would you do?

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” Conservatives argue that Obama’s policies discourages domestic business investment.”

And they would be lying, because it is their fondness of sabotaging the economy for political gain that is scaring investors and business owners.

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Maybe instead of for profits, we make them illegal in favor of not-for-profits? Sure the transparency issues will become more problematic, but many posters here would love that scenario.

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Jackie – we have yet to see the effects (positive or negative) of the rise in minimum wage.
I don’t understand this way of thinking that the corps some how owe us all a good paying job or one above market value…If you don’t like your job…quit…If you don’t like how a company does biz…don’t patronize them……If you are stuck not being able to do either…then work on changing that

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@Stevie Ray

I think my understanding of the global economy and capitalism is more than adequate. You may have a mistaken belief that what you purport is true, when in fact, I believe that what you are saying is the standard so-called conservative claptrap.

As for you inane question about firing an employee while the employer makes a profit defies credibility.

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Maybe instead of for profits, we make them illegal in favor of not-for-profits?

Maybe there aren’t that many who will fall for your puerile binary mind-set?

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…or one above market value…

What??????

Cat, the market values of these multinationals is staggering!

But only a very, very small percentage of their employees are enjoying the rewards of that staggering market value.

THIS is the failure called Reaganomics aka Trickle Down Economics aka VooDoo Economics.

By it’s very definition trickle is a very small stream and for all practical purposes it has dried up…

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@Erwin’s cat

No one is owed anything by anyone in a capitalist society.
My point is, we should pay our workers more thereby putting more money – medium of exchange – in the system. The demand side (consumers) will generate supply (producers) and the economy will move along smartly.

As you well know, the economy of the USA is 25% of the world’s economy, therefore, if we keep our economy and the rest of the world’s economy viable, everyone does well.

Historical Wall Street Returns On Investment (ROI) have been roughly 7%. If business were to maintain a 7% profit margin, one would seem to think that business could continue to prosper.

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How many even consider, for example, how energy drives up prices at all levels?

It’s funny you would ask that. I NEVER considered gas as a huge factor when bidding a job. my ram got 10.9 MPG. Now it gets sub 9 (needs work) and gas is a lot more than it was and it’s a HUGE factor. Going from “here to there and back again” is a major expense where as before it was more of a time suck. When I go check on the rental houses I take care of for absentee owners I now have to add gas charges. When it was a couple of bucks I didn’t think about it, when it became 10-15 I sure as hell did.

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Jackie…what if higher wages means fewer workers…you okay with that?

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“to make money, and as much as it can…what you spout amounts to charity to some degree”

“A business that makes nothing but money is a poor business.” Henry Ford

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Business is started for one reason and one reason only…to make money meet an identified demand.

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If you had more money to spend on things that you wanted, would that not equate to more demand for the thing(s) that you wanted?

If the demand is greater, there is only so much that can be accomplished by an individual worker. This is an example should relate to the more demand requires more workers.

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How many even consider, for example, how energy drives up prices at all levels?

Doggone and I we discussing this a couple weeks ago…several operations are coming back from China due to the cost of power there

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Fred – a big item affected by energy prices is food. Not only does it cost more to produce a product due to higher energy costs, the price for transporting to market goes up. Trucking companies have thier rates but include a fuel surcharge. The cost of the delivered product goes up instantly with gas/diesel prices. You see it on the grocery shelf when the energy costs can no longer be born by the manufacturer and/or retailer. Almost all manufacturers have reduced the quantity of product trying to keep the prices down.

Obama has let the tree huggers set his energy policy. At a time when we are poised to become energy independent, he wants to throw more money down the green hole while also blocking domestic oil drilling, fracking, pipeline, etc.

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First it’s bman., then it’s Bman.

It’s always a good idea to double check the spelling of your usual nom-de-blog – especially paying close attention to upper/lower case usage – when you sign back in after doing the sock-puppet thingie.

Just suggestin’.

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If you have more people working and having more disposable income, then those same dollars can go out and purchase those things they want instead of the things they need.

And if a competitor offers the product at a lower cost because he controlled his labor costs, then your well-paid employees will buy from him.

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willie lynch.. who is to make those decisions? enough profits.. someone has a good idea.. builds a business.. and if its profitable.. good for them.. the same argument could be used for someone winning the lottery.. they only “need” so much.. so take more of their money.

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I’m good with that…how about meeting an identified demand in a profitable way

Not unreasonable, but profit isn’t the be-all/end-all raison d’être.

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Help is on the way for jobs in Georgia. Read Chip Roger’s blog on GPB. He basically posts Youtube videos (he writes the intros) and, what appears to be a copy of an ad from National Enquirer on how to buy and sell junk online in lieu of a job. But, my favorite is “The Chocolate Bar Resume.” I don’t know how many chocolate bars Chip gave Nathan for this job, but, I just know it’s gonna bring lotsa jobs to Georgia. Seeing as how Chip is already nationally known because of the mind control thingy.

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Obama has let the tree huggers set his energy policy.

Not that tired assed horse carp again……… you were doing GREAT until you got to that lie. I’m not going to bother going into supply and demand, how China is buying all the oil, the fact our refineries are at full capacity, the fact that we are now producing more oil domestically than ever before blah blah blah………. because we have discussed all this before.

The fact that your irrational hatred (fueled by talk radio and fox) of Obama blinds you to the truth is not my fault and quite frankly takes a wonderfully put post you had written and turns it into pure garbage.

Just damn.

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@godless

If you take you example, the lower cost items will attract more consumers, but, the problem remains when the business reaches a point of diminishing returns.

The new price leader will face the same problem because demand will outstrip his supply and they will have to pay more for their labor force.

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Corporations and businesses do not make decisions, people make decisions. They are going to do what is best for themselves, not what is best for other people. We all do this. It is not wrong, it is just reality. Not one of you can claim to be completely benevolent when making decisions. Do you buy something because you have a need for yourself or do you buy it because you don’t need it but want to support job growth.

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@Erwin

A vast majority of startup’s “loose” money in their first five years and many fail in their first two years.

http://smallbiztrends.com/2005/07/business-failure-rates-highest-in.html

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@In The Middle

I agree with you statement about corporations making decisions in their own best interest.

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Union

March 4th, 2013
4:06 pm

I don’t have the answer to what profit is enough profit, but I do know that we experienced the greatest expansion we ever had in this country with a corporate tax rate that was double the current rate. Wages grew and businesses flourished under that tax system, so how did we make it work then?

I guess I’m having a hard time understanding why so many people are defending the excess of today’s corporate world in the face of the indisputable evidence of the decline of wages and quality of life that the American worker has gone through. Just asking.

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…and all these people (as in the middle posted) will/would decide on what’s best for them personally and not for the corp or collective..(in most cases anyway)

Exactly! Which would put an end to the perversion whereby a CEO makes 475 times what a line worker makes.

And more importantly would, after nearly fifty years, finally end the FLATLINING of the average American worker’s income…

Time for some income redistribution back down the ladder, wouldn’t you say?

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it is when compared to losing money

And why is the corp losing money?

Did they build the manufacturing facility in the wrong place?
Is the manufacturing facility inefficient due to poor design?
Are there inefficiencies due to shipments of raw materials?
Are there inefficiencies getting the product to market?
Are they building the wrong product to meet the identified demand?
Are they using the wrong tools to build their product?
Did they hire the wrong marketing firm to advertise their product?

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Thomas Heyward Jr

March 4th, 2013
4:15 pm

Google the list of U.S. presidents who’ve had the most members convicted of crimes.

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Large corporations have essentially become private governments with an enormous effect on the lives and livelihoods of Americans, but without any accountability to them. The words “corporation” or “company” do not exist in our constitution! This is the antithesis of democracy — a corporate state run by the few without the consent of the many.

The restraint once offered by economic risk has been offset by limited liabilities, government subsidies and bailouts. The power of an effective federal chartering system could instill a new culture of restraint and good behavior within the corporate world, to force corporate bosses to answer to shareholders, to prohibit corporations from lobbying and contributing to electoral campaigns, and from obstructing regulators — in short, to “constitutionalize the corporation.

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Another one of Jay’s “Oooooo, those HORRIBLE corporations” pieces. Seems your King, Obama, seems enamoured of some of the largest in this country Jay. At least those that give him money and that make money off of his policies . He is in bed with Wal-Mart. Check his nomination of Sylvia Burwell out. Of course you pathetic liberals are willing to give the King the pass on that one aren’t you even though Walmart hates unions. This blog is nothing but a watering hole for old entitlement loving liberals who don’t work but take and take and take. Nothing more, and a hell of a lot less. As for the host? He thinks that if he works stirring the liberal muck at the bottom long enough that those liberals in the journalistic hierarchy will eventually give him a better lot in life. Afterall, he really isn’t that good of a writer so he must “earn his patch” so to speak.

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Anyone who is so stupid that they think we have a King in this Country isn’t worth reading or responding to.

How does one stay that ignorant yet still possess the ability to turn on a computer?

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you’re kidding, right? Both Obama and his DOE guy were campaigning for higer energy prices before Obama was elected.

Nope. Campaigning doesn’t equate to law. If Obama has done such things as you claim, then there would be a trail of laws or Executive Orders to show proof. I’ve looked for such things when those claims have been made and have yet to find anything to back them up. At the same time, there’s more than enough information to show the global demand for oil and gas and how it gives us little control over prices here at home. There’s also the fact that we’re driving less and companies are exporting gas to the point that that was our #1 export a year ago.

The Keystone pipeline would have little to no bearing on the price of gas here in the US. That pipeline would allow Canada to sell their oil on the world market to the highest bidder. If you’re really concerned about the price of gas here, you DON’T want the keystone pipeline built because the status quo leaves a glut of crude oil in Oklahoma. Recently, it’s been shown that rail shipping of oil has exploded in Canada, further proving that the pipeline isn’t necessary or will reduce costs here.

I’m far from on shaky ground, but your ideology refuses to allow you to see reality. I’m not defending Obama at all either. If you were in court trying to convict him on what you’re presenting, he would easily beat the rap. I work in law enforcement and deal with facts. I don’t let “thoughts” cloud my judgement as you appear to.

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Probably because they are stockpiling cash and not investing anything until this re-re is out of office…

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Wow the Judge ruled for Deal:

http://www.ajc.com/news/news/breaking-news/federal-judge-rules-against-dekalb-school-board/nWggG/

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@Erwin

If you read it or know it, why would you ask a question concerning business losses?

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“It kills me I am not in the White House” romney.

Take a pill will.

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@Fred

I do hope the DeKalb school board appeals this decision.
How does one elected official remove another elected official?

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Jackie – where did i ask a question about business losses?

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How does one elected official remove another elected official?

You simply need to get your party loyalists in the legislature to pass the legislation giving you that authority. I don’t think the long term prospects of your opposition wielding the same power ever crosses the minds of those who do these things either.

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“It kills me I am not in the White House” romney.

Wow, it takes a special kind of guy to bask in public self-humiliation.

He is a modern day flagellant…

http://en.wikipedia.org/wiki/Flagellant

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Does anyone know how to post viewing the mobile theme? I don’t see it anywhere

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Jam – he will continue the self whipping until his morale improves

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“It kills me I am not in the White House”
Romney

If it is anywhere along the lines as the pain some on this blog seem to be enduring, he does have it bad.

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“The share of the economy that is going to after-tax corporate profits is in red.” Might want to straighten out the English. GDP doesn’t get “allocated” or “going to” (although that’s what master economic planners like Progressives would love to do, centrally plan the economy). Why don’t us

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Not sure what I’m doing here today. I don’t know the first thing about the topic at hand. The weather is nice, I’ve been told to shut up on religion, politics is a repeat of the ssdd, and sex is now an abstract discussed in theory…

So, what else is there to talk about?

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@Fred

Constitutional laws seems to say that when these actions are taken by another elected official, they are nullifying the voters.

http://government.lawyers.com/Throw-the-Bums-Out-Removing-Elected-Officials.html

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It remains to be seen if that law will pass a constitutional appeal

If I was on the legal team opposing the replacement, I’d bring up (and cite) precedents of Georgia’s history of illegal disenfranchising voters and use that as an equivalent.

If I got lucky, I’d even bring in some actual georgia VOTERS from the 60’s and early 70s that have been affected and let them testify and ask them if they believe that this new crop of georgians would be diligent as the old ones were in protecting their rights to elect officials with their votes.

///drive by///

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LOL josef, who told you to shut up on religion? I missed that one. Was it after I left last night?

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Bro .. .. Yea it does t work on iPhone either. It’s 2013 forpetesakes!

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Jackie – You can be sure that I will asked you very pointed and direct questions in the future so there will be no innuendo.

great…but be warned I can out-innuedo some (not all) of the best

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Bro: If you travel with one, put it in your carry-on bag.

No thanks! I’ll just stop at a random bar when i hit town and find one lying around somewhere!

EC. Mr. Cat. You are sooooo bad!! (meow!) double wink!

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FRED

After you left? Which time…

BTW did you see that latest one from the benighted Magnolia State? Seems that the USM Medical Center has made yet another “first…” This one in HIV…first actual “cure” case…

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Bman? I don’t even see how to get to the blogs on my iPhone. I’m using the AJC app…….

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CAT

I know there’s a one liner about a p*ssy there somewhere?

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josef

Good afternoon. If you would, please link the article, if there is one, related to USM and the HIV case.

Thanks

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@Erwin

Let the innuendos roll.

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@Bro
Excellent point about LNG railcars replacing the need for the Keystone pipeline. As far as big O policies affecting the price of gasoline, the EPA fining oil companies for not purchasing biofuels to blend even though the available annual production of said biofuels cannot meet the EPA minimum mandates has been well documented in the WSJ. It is classic wasteful Washington bureacracy. The entire ethanol mandate needs to be scrapped now that the election is over and Obama doesn’t need to cowtow to the corn belt lobby. The solar industry can produce electricity at 9 cents per Kwt while natural gas fueled power can be produced for 2 to 3 cents per Kwt. The spread for the big O’s energy policy comes out of the taxpayer’s hide. Solar technology finance should be shifted to the private sector until there is grid parity for cost. Instead, what we get is select Obama supporters benefiting from taxpayer subsidies for Federal energy mandates. The tax payer ends up paying for failed technology experiments and increased power bills.

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it can be for the right price

Heh, heh, heh.

Maybe you can rent out space for advertising, sort of like a bus bench ad.

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They – 4:46

Romney’s Mormon “God of love” apparently convinced him he would be elected. Now, he’s scratching his head deciding what he did wrong
and how he lost God’s backing. Since finding faults with himself is not exactly his strong suit, it’s still a complete mystery.

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Been out cavorting with comrades, just back now.

How are the lib ilks and the con ilks getting on today? Treating each other civilly?

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I think these banks knew Madoff was up to something and I am surprised the trustee has not gone after them as hard as he has gone after others in this case. There should be punitive damages with the banks that could almost make the creditors whole; they are half way there because of criminal behavior already.

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midtownguy

March 4th, 2013
1:25 pm
Wow. For the first time in ages I get to say “before I was born.”

It is just another example of the shrinking working class. When I was growing up my friends who’s fathers worked at the nearby factories (Ford and Reynolds Aluminum) lived comfortable lives in nice homes. Families who have those kinds of blue collar jobs today live in Mobile Homes and get Food Stamps.

We also probably had very little international competition either. The market place has changed.

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josef

Thanks. That is awesome for the baby mentioned in the article and the potential positive ramifications & possibilities for others as well.

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There was an article in the Times last week that stress the compliance of banks in helping payday lenders lend illegally. The same banks that should guard against international money laundering should be responsible for illegal domestic activity too.

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Just for you josef.

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“As share of GDP, corporate profits highest since 1950″
Gee, maybe that’s where that 250 million we just gave to Egypt came from. Doesn’t that make you feel good? I mean the Gov. has that kind of extra bling to give to a quasi friendly nation. Like we couldn’t have put that money to better use here.

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Is the Kia plant in Georgia included in this GDP?

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Cheesy

Thanks. Read the two articles that josef posted and will read the one you posted.

Good stuff. No doubt

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http://www.advisorone.com/2013/03/04/buffett-on-berkshires-2012-subpar-it-was?t=life-planning-ltc&utm_source=dailywire030413&utm_medium=enewsletter&utm_campaign=dailywire

If only WB would have paid more taxes and paid is secretary more he would have out v. under performed. Would it be possible for us little ol bloggers to help the President/Treasury and be handed sweet preferred stock deals on Goldman and BofA? Only in our dreams but do know this- they are on your side and have your back. Sleep well.

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<i.Easy to detect those folks who have never started a business. We should constitutionalize all bloggers.

What kinds of businesses have you started Thomas?

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“No, the money was better used going to Egypt. We need security in that area. It’s important to our national security.”

Really? Is Egypt going to put that second Carrier and associated Battle Group in that area for us?

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TBS
That number, along with that of the current number of infected, blew me out of the water. I would never have placed them that low given the general state of health care access in the state. I was talking to some folks over there about this and they said that it boiled down to the aggressive education measures take by the coalitions formed earlier on that took the Koop line that what they were dealing with was an epidemic and the moral posturing was ineffective and stymieing…Still, though, I had not the vaguest notion of how successful their efforts had been. One of my buds over there, an early activist in HIV-AIDS, got a chuckle and said “yeah, when folks from outside find themselves coming down here to find out ‘how to do it,’ we have to give them some lessons they didn’t come to learn…”

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Very good article Jay. It shows that while business is prospering the average person is still struggling. The next question is what are these companies doing with their profits.

Are they investing the money?

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“yeah, when folks from outside find themselves coming down here to find out ‘how to do it,’ we have to give them some lessons they didn’t come to learn…”

Well if USM is leading the way on that research front and the state has programs that are resulting in positive results, let’s hope that other hospitals and states are paying attention

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Rich getting richer and poor getting poorer. Wasn’t the last four years supposed to fix that?

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These record profits makes Obama the worst Socialist ever.

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No thanks! I’ll just stop at a random bar when i hit town and find one lying around somewhere!

————–

EC @ 5:02

————–

Arms Akimbo @ 5:03
Excellent point about LNG railcars replacing the need for the Keystone pipeline.

Not as excellent as you think because my post had nothing to do with LNG. If you actually read the article I linked, the Canadian and American railroads are experiencing huge volume increases in Canadian crude oil from their oil sands. The increase is causing order increases for tank cars, which should, in theory, create jobs for people in that area. You should see an increase in jobs for rail workers too. None of that would happen if the pipeline were built. You’d have a short bump in construction jobs but not very many long term jobs.

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Jury sees sick images at NY cannibalism-plot trial.

I saw this headline and thought OMG! Karl Rove and Peter King got hold of Chris Gibson and it didn’t turn out well for Chris!

http://alloveralbany.com/archive/2013/02/21/chris-gibson-ranked-as-most-liberal-republican-in

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TBS

UMC is an interesting institution. A lot of folks don’t know, but they pioneered heart transplants (not human, that was Dr. Banard in another forgotten corner of Western Civilization).

One of my favorite stories about them has to do with nurse midwivery. Mississippi was the only state which had never quit licensing midwives. UMC had the only program in the country for it. Back in the 1970s when the feminist movement began its agitation to “liberate birth,” a lot of them found themselves constrained to come to the colonies to get their papers stamped. As you might imagine, there was a heavy representation of radical-liberal-granola heads in their number.

They found themselves being drawn to our radical-leftie social clique. Listening to their stories was hilarious from the cross-cultural standpoint. See, one of the things UMC did was to bring in the midwives from the country to lecture. Never mind that these women had experience with thousands of births of every type, their “language” was next to impossible for these urban, middle class girls from Up Nawth to handle.

Joyce, one of the most critical, was aghast at the lecture she had been required to attend on breach births. The lady delivering it was in her 80s and had been a midwife for over 60 years up in the Delta.In that sterile lecture hall, she had at hand her spit cup, and her snuff in her lower lip. She punctuated her talk with “spats.” “Now guhrls, some time that baby be in there ass-backward (spat) the fust thang you gotta do is get that gal calmed down (spat) then you gotta…”

She went to talk to the professor and was told that when it came to breach births, she had a success rate of x, x, and x and was probably the foremost expert on them in the state and that when he was himself confronted with a difficult one, he got her on the line to walk him through…”

Poor Joyce…bless her heart…but I must give her her just due,,,she wrote an absolutely fascinating article about her experience and what she had learned as a medical worker and a woman. My favorite part, though, was her own self-effacing section on “learning a second language!”

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JAY- Now that it is the law of the land that corporations are people-why can’t you fathom them saving their stash and protecting their hard earned dollars? Give them a little amnesty fo roffshore hoarding and like most people, they will hoard even more.
“”"”"”"”"A loophole in our nation’s tax laws allows multinational companies and hedge funds to shelter enormous sums of money from taxes by creating offshore identities and using tax-haven banks.

Corporate executives claim that if they are allowed to bring the cash into the United States without paying taxes on it, they can use the money to create badly needed jobs. But a new report shows a tax amnesty would only be an incentive to stash even more money away overseas.

The study by the nonpartisan Citizens for Tax Justice (CTJ) shows the 20 companies that brought the most offshore profits to the United States after Congress approved a tax amnesty in 2004 have almost tripled the amount of profits parked overseas as they did at the end of 2005.

These corporations, which include well-known companies like Pfizer, Merck, Hewlett-Packard, Coca-Cola, Citigroup, McDonald’s and many others, collectively had $269.6 billion in “permanently reinvested earnings” parked offshore largely in tax havens at the end of 2004. This offshore hoard shrank as expected in 2005, to $152 billion, after these companies repatriated most of it in response to the tax amnesty. But their offshore hoard immediately climbed to new highs in the years afterward, reaching $426.5 billion in 2010.”"”"”"”"”"”"”"”"”"”"
http://www.aflcio.org/Blog/Corporate-Greed/Report-Corporate-Offshore-Profits-Tripled-Since-Last-Tax-Amnesty

Just human nature, Jay-deal with it.

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josef wins the WTF award for that post.

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f&b wins second place.

AFLCIO???

Bwaahahahahahahaha

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Welcome – Always had trouble with math. What answer did you get. You want us to give aid to Iran? Is that what you are saying?

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I took econ 101 and 102. Good courses. Chose guns or butter but not both..Someone should have explained that to W.

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Ken

March 4th, 2013
6:07 pm

Fred, It’s economics 101 ( overhead )
++++++++++++++++++++++++++

No it’s not, it’s failed logic 101. You are too simple to understand what you said and my reply back to it.

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I guess I agree with your proposition Bookman.

But couldn’t historically high profits for multinational corporations in relation to other metrics that contribute to GDP indicate that the other metrics are historically low? Isn’t that what the B of A Merrill Lynch dude was saying? At least it could be inferred.

And aren’t a big share of the profits reaped by the multi-nationals derived from the booming Asian markets?

How does all this make a mope like me, and an American 99%-er, feel good about our economy – or the prospects for improvement?

This blog seems like a good example of how Wall Street and Main Street serve different masters.

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Yep the caviar better beware.

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josef: some of them Delta brothers (and sisters) DO speak a different language lol. But it’s no different than the ones the brothers and sisters in rural South Georgia speak………… Of course we’uns who grew up with it can unnerstan……….

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Bro is a genius.

Maybe, maybe not. One thing is certain though. Compared to YOU he sure as hell is. Your post didn’t make a lick of sense. After reading what he wrote and what YOU wrote it’s obvious you didn’t understand a damn thing he said……..

But hey keep on digging that hole of stupid, don’t stop and toss the shovel out yet. I KNOW you can go deeper………

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While most employees work for larger companies, most new net job growth has historically come via small businesses. What’s been happening is that we’ve been making it more difficult for new busineses to get started because of all the new regulations, rules and red tape that Obama and the Democrats have systematically been implementing. That manifests itself in several ways. Since fewer net new jobs get created because small business finds it much harder to expand or get off the ground at all, that increases the pool of available labor to the point that larger companies no longer have to increase wages to attract the labor they need. In fact, absent a healthy small business environment, larger companeis can decrease compensation and still have no problem attracting the labor they need. The answer to our dilema is a simple one. Get rid of the onerous regulations that make it difficult for small businesses to get off the ground. By the way, that’s what Reagan did and that’s what continued under Clinton. A remarkably healthy growth in small business absorbed the available labor to the point where larger companies had to actually try to out-bid each other to attract non-menial labor. We had a technology revolution going on under Reagan and Clinton, yet because it was easy for small businesses to get started and expand, there was far more demand for skilled labor than there was supply. That technology revolution was not decreasing the demand for labor under Reagan and Clinton, which is one of the excuses given for why job growth under Obama has been so abysmal. Just about anyone who wanted to work under the Reagan recovery and Clinton, could find a job, and anybody with skills could find a pretty good job for that matter.

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“Is Egypt going to put that second Carrier and associated Battle Group in that area for us?”

What they CAN do is close the Suez Canal to us…which means if we want ships in the Persian Gulf we either have to sail them all the way around Africa, or all the way across the Pacific and Indian Oceans.

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FRED

About that…one of our crowd, L. the “African Nationalist Bad A33 N B*tch Lesbian Separatist” told Joyce that if she went to study in Germany, wouldn’t she learn German? She was not being funny when she told Joyce to tape the lectures and we’d interpret them for her. She did, and we did. The light began to dawn on Joyce. I gave her some lessons in the grammatical and syntactical structures. Before long, Joyce could even hold a fairly decent conversation in the language. At the time I was doing some translation of medical journal articles for some of the UMC staff. Joyce put that in her article when mentioning her “tutors…” I kinda made up for a lot of her less flattering comments earlier..

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Must disagree Fred (TM).

F’s post made sense (to me anyway). Private business is not obliged to conduct its affairs in a manner that generates the most jobs.

So a “Damn the inefficiency, full steam ahead” approach for the sake of generating the most jobs will bankrupt you. Unless your the public sector. And with decreasing tax revenues, that’s not working out so well anymore either.

Seems a well-managed, private business has a better chance of remaining a profitable, going concern. Not to mention a long-term employer.

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DOGGONE

The Berlin Case had certain elements (i.e. the bone marrow transplant) which are outside my pay grade in understanding, but from what I gather, were more specific to his particulars, This one was of the more “general” without those characteristics.

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Pogo- “That is why Homeland Security is buying all of those armoured vehicles for use on American streets.”
—————————————————
What a waste of money. Shouldn’t they be buying black helicopters?

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Is your name Trojan Twister?

now that I think about it I have been called as much but in much more generic terms

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O’bozo**

**Witchie-poo spam. All rights reserved.

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Noticed this little gem by Armsakimbo back on page one:

“Duke is forgiving the loan in exchange for exemption from carbon taxes on its coal fired plants.”

Nobody seemed to catch it since, but it seemed worthy of comment. A Google search fro the above statement return only ONE hit that could be remotely connected with the statement, i.e. this blog.

In other words: making sh*t up out of whole cloth.

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DOGGONE
@ 6:50

That was funny!

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Escaped from Email Purgatory: So would you explain to me then how F’s diatribe in ANY WAY was a logical extension of what Bro said? I mean I could right now start quoting the yak dung export figures for Pakistan and the effects on their economy and be 100% correct. It still wouldn’t be applicable to YOUR post had I chosen to quote it and place it above my yak dung report…………

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“to show my ignorance on the subject (you can be either broad or deep) but can they somehow use his blood err whatever to make a vaccine?”

No, probably not. This was not a spontaneous case of regression. The child was given pretty much massive does of anti-virals within 30 hours of birth. That’s why they’ll keep a close eye on what happens. At this point they caught it fast enough that his (hers?) immune system has not been compromised, but since there are still traces of the virus present…it depends on whether or not the immune system can keep the remaining virus in check.

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You beat me to it DGG.

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Beat you to it Fred!

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Fred (TM).
Seems to me F just extended Bro’s proposition (the most efficient way to move oil from Canada won’t generate the most jobs) to a ridiculous extreme.

I didn’t read Bro’s comments – just what F posted in his, so perhaps that’s not what he (Bro) said in the first place.

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And now we’re even!

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“So would you explain to me then how F’s diatribe in ANY WAY was a logical extension of what Bro said?”

Read it again, Freddie.

Slowwwwwwwly.

Freddie & Bro,
Sitting in a tree,
L-U-D-D-I-T-E…

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Luddite? LOl I build and sell computers. I program and clear computers of malware and I’M a luddite? You aren’t very bright son. I see you took my advise and are still digging that hole lol. Bring me back some won ton soup when you hit china……..

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L-U-D-D-I-T-E…

what the?

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“He killed coal production…………..”

Really? Do you actually do any research or just do your best to play a macaw for right wing talking points?

http://www.indexmundi.com/energy.aspx?country=us&graph=production+consumption&product=coal

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Wow. Sara Blakely is amazing. She has made more than 1 billion dollars since 2000. She’s cute too………..

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“He killed coal……….”

My apologies for adding “production” to your ill informed quote.

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There are many reasons why the paycheck percentage has decreased – increased productivity in the economy as a whole and movement of jobs offshore because of antagonistic democrat policies, to name just two. You should not whine, Jay – too many jobs (and increased income) is anathema to democrats. Y’all need as many people as possible to continue as wards of the state – its how you win elections.

On the other hand, we should applaud American management for continuing to generate significant profits for their shareholders in spite of insane regulation and other inanities promulgated by this lunatic regime.

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O’bozo hates business. Always has, always will. His belief system says any dollar made in profit is a stolen dollar from someone else. It’s in his DNA. Don’t believe me? Check out his baby daddy and commie mom.

Then check out the church where he worshipped.

Then try to find any statement, anywhere, at anytime he actually praised our economic system, the one which has produced the greatest prosperity known to mankind.

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Doggone @ 6:38

You have me there. That is a very valid point. I hate giving money to countries with very possible hostility towards the U.S.

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Jam – I picked up a 51″ plasma smart tv over superbowl season on the cheap…with a good network I cancelled my dish and stream most everything but local…I have an antenna for that…puttin’ it to the man

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EC

Head some good things about the antennas.

What is your take?

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Mark In midtown: OK, I read the Frobes article. No one is claiming that there aren’t any regulations that impact some small businesses. But not one small business owner has ever been able to show me (and the Forbes article certainly does not) ONE just ONE regulation that precluded them from making a profit in a viable business. If you have such an example, I’d love to see it.

The picture of the poor struggling small businessman being hounded out of his livelyhood by the big, bad federal government is a myth.

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The first few words made me puke Jay. In this recovery. What recovery? The unemployment rate is the same or worse than it was when oblama took office. If you count all the people who are living on the gubmint dole and no longer counted its well over 10%. You can keep trying till your blue in the face to cover for the most inept President in history but judging from his poll numbers most people wouldn’t buy what your selling…..

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“But hey keep on digging that hole of stupid, don’t stop and toss the shovel out yet. I KNOW you can go deeper……”

–Thomas “Delusional Lickspittal” Jefferson

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Addendum to Mark in midtown. Nail parlors and massage “spas” raided by ICE don’t count.

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cat, my expertise is not in audio video, so if this question sounds like it is from a neophyte – it is!

Streaming TV? Are we talking Hulu, Netflix, etc?

BTW, good news!

I changed inputs on the back of the old Toshiba and got the problematic input selector to find the feed and voila! Penguins and Lightning hockey!

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TBS – I have an outdoor antenna in the upstairs bedroom works fine (@50% signal strength)…HD 10-12 channels …i’m 45mi north of the airport…i’ll mount it outside when it’s warm and I have the time….I’m happy and saving $1000/yr…..i got netflix, blockbuster, hula, etc for the rest

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“Into his second term and Obama is more compared to Nixon than any other President in history!”

Nixon was a radical Marxist?

Who knew?

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i did plasma because the refresh rates are exceptionally high…I watch a lot of motorsports….not to be confused with NASCAR

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I like hhgregg…those peeps at least know about what they are sellin

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TBS…local channels carry enough of the moniker sporting events

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Bro is a genius.

And Sinkwich is still a clueless, ignorant, badonkadonk tobbaggan. And it seems as though Fred agrees.

My point, Sinkwich, is that the private sector will find a way if the demand is strong. If you read the linked article on the increase in rail, you would find they are projecting that trains could match or even exceed the volume of the proposed pipeline. There’s no need for any permits as the rail lines already exist.

You should really allow your brain to receive oxygen so that it can actually function sometimes.

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Jam…the “smart” tv has a built in computer so it hooks up to your network…it’s sorta like a giant iPad…has it’s own apps so netflix goes straight to the tv…

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Well, I hate to correct your grammer, Kamc\ack, but it should be “Maybe y’all might oughta went with Elmer Fudd instead, huh?”

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“Maybe y’all shoulda gone with Elmer Fudd instead, huh?”

The smoking mushroom is a cloudy gun. **

** KammieSpam. All rights reserved.

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Maybe y’all shoulda gone with Elmer Fudd instead, huh?

If only he had been invited to the thousands of Republican debates. They had Yosemite Sam, Goofy, Deputy Dawg and Raisin Cain.

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django: “You can keep trying till your blue in the face to cover for the most inept President in history ”

I hear what you’re saying django. But let’s fact it: your party (what is presumably your party) is the true home of the policies that brought us to this juncture. The Dems, the other party, have simply been infected by them, have decided to go along with them. So your protestations strike me as disingenuous.

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Any “racing” where you can’t knock hell out of the car in front of you isn’t real racing. It’s european sissyboy “he touched me” crap.

Jamvet: Don’t get plasma if you have it someplace that gets a lot of sunlight. Also Plasma generates a TON of heat. But the picture quality IS much better. The blacks are black whereas with LCD they are more dark grey. Samsung and LG are both good brands and based on my experiences with this current TV Vizio does well.

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EC

Do you go to Road Atlanta? I’ve been there with my buddy and rode on the track in his 911. There are some wicked fast cars that go out there.

With the track costs and wear and tear he has scaled back his track visits.

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Well, I see all y’all went to the well of human kindness, but forgot the bucket…

Oh well, see ya in the funny papers…

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ike was definitely the last ethical, competent president to come from that political party…

I got Ike confused with Grant for some reason and thought he was a nice guy who let unethical scumbags run wild because he trusted them. I was going to post that about a year ago but read up on him first to make sure I was right. I wasn’t. He, Ike, is considered by very many historians to be one of our top 10 Presidents. I really enjoyed being wrong about him, even though he hung Big Mouth Patton out to dry and didn’t ball stomp that whiny Prima Dona Montgomry (thanks dB for the term ball stomp lol).

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“I like hhgregg…those peeps at least know about what they are sellin”

Yeah, maybe. But when I was looking for a new dishwasher I found the one I wanted at Home Depot for $150 + $1 for delivery, setup, and take away my old one. hhgregg had that exact same one for $95 + $75 for delivery, setup and take away my old one. You do the math.

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Redneck,

““Maybe y’all might oughta went with Elmer Fudd ”

I thought it was “Maybe all y’all might hada oughta gone with Elmer Fudd…”

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TBS – my 350z has seen RA a couple times…i’ve been on project priority as of late so no track time in the last yr…i’m a NASA member…cut my teeth in SCCA as a wrench

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Hell, Fred, ain’t you figured out by now I’m schizophrenic?

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You do the math.

ok.

$150 + $1= $151
$95 + $75= $170

Does that help you make a decision?

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Thanks, Freddie. Been reading up on the pluses and minuses of the different technologies and the different brands.

Call me crazy but having the control to drive 230MPH a few inches away from your competitor WITHOUT touching him (unless you wanna die) is real racing to me.

But what the hell do I know?!

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Bro: I’m not sure about the code section, but I’m quite sure that some here would find that interfering with human trafficking is just another example of Federal overreach and Marxist-Leninist subversion of the free-market process.

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Do you go to Road Atlanta?

Saw the bikes race there. Awesome.

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NORMAL

Yeah, but you followed it, didn’t ya!

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TBS – my 350z has seen RA a couple times…i’ve been on project priority as of late so no track time in the last yr…i’m a NASA member…cut my teeth in SCCA as a wrench

Last time I was out at Road Atlanta, it was for a SCCA event. In the top division they had all the fancy sports cars and a NASCAR stock car. Within 8 laps the NASCAR stock car had lapped the field. Wasn’t even close.

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“Best Buy is matching Amazon prices…I got a $150 antenna for $73 there”

I never shop at Best Buy. Got real tired, real quick, of the rude store staff at my local one.

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EC

That is too cool.

______________________________

Bro

” I’ll make the NHRA the exception to the rubbin’ rule”

The drivers in NHRA seem to like the no “rubbin’ rule”

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