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Peter1469
10-17-2015, 02:55 AM
No wonder growth has been so anemic (http://www.wsj.com/article_email/no-wonder-growth-has-been-so-anemic-1444948315-lMyQjAxMTI1MjE2NjIxMDYwWj)

The regime is focused on Unions and not jobs.


n his remarks at a White House event last week called the Summit on Worker Voice, President Obama said (https://www.whitehouse.gov/the-press-office/2015/10/07/remarks-president-white-house-summit-worker-voice) that people who work hard “should be able to get ahead” but went on to acknowledge that workers are “seeing their wages and their incomes flatlining.”

The reason, according to Mr. Obama, is dwindling union membership. “Union membership today is as low as it’s been in about 80 years, since the ’30s,” he said. “And I believe that when folks attack unions, they’re attacking the middle class.” Thus he recommends “making it easier, not harder, for folks join a union.”


Here’s the reality: Wages and incomes for workers are stagnant because there aren’t enough jobs. It’s a matter of supply and demand. When jobs are scarce and people are unemployed, wages and benefits decline. When the job market is strong and businesses must compete for employees, wages and benefits improve. The solution, then, is more jobs. This isn’t rocket science. One can only wonder why the president continues to overlook the American businessmen and women who build the healthy economy that enables workers to find jobs and careers.


Businesses create jobs; labor unions do not. To the contrary, labor unions often discourage businesses from creating jobs, particularly entry-level ones, by increasing the cost of labor without increasing its value. Even if labor unions could magically lift wages for those lucky enough to have a job in this economy, what about the unemployed?

zelmo1234
10-17-2015, 07:42 AM
Of course they are focused on UNIONs, that is where they get there money. It is a way that the Democrats can force workers to donate to them.

And when you think of the fact that the majority of unions are now public sector, it is another way that Democrats funnel tax payer money into the accounts of the DNC

They are smart enough to know that when people are working in good jobs, they don't need free stuff, and that person is far less likely to vote for a democrat.

domer76
10-17-2015, 07:49 AM
No wonder growth has been so anemic (http://www.wsj.com/article_email/no-wonder-growth-has-been-so-anemic-1444948315-lMyQjAxMTI1MjE2NjIxMDYwWj)

The regime is focused on Unions and not jobs.

Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that. That the middle class has less discretionary income to create the demand for jobs is the problem. The union thing is part of that equation.

Matty
10-17-2015, 08:00 AM
Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that. That the middle class has less discretionary income to create the demand for jobs is the problem. The union thing is part of that equation.


Know why? Because liberals in America think they're evil and want to tax them out of existence. Then add Obamacare, the biggest job killing piece of legislation to come down the pike. Now some on the left are whining that the elderly are being made to pay to make up the difference. It's not as if the warning bells weren't rung.

domer76
10-17-2015, 08:02 AM
Know why? Because liberals in America think they're evil and want to tax them out of existence. Then add Obamacare, the biggest job killing piece of legislation to come down the pike. Now some on the left are whining that the elderly are being made to pay to make up the difference. It's not as if the warning bells weren't rung.

So much bullshit in such little space.

Matty
10-17-2015, 08:04 AM
So much bull$#@! in such little space.



I know. You know. It's just hard for you to take responsibility.

Matty
10-17-2015, 08:06 AM
I remember though the unions were full throated in supporting Obamacare and then when it passed they wished to be exempt. Like wise with a $15 minimum wage.

Peter1469
10-17-2015, 08:08 AM
Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that. That the middle class has less discretionary income to create the demand for jobs is the problem. The union thing is part of that equation.

They are sitting on their cash for many reasons. Some is overseas because America is one of two nations on Earth that tax profits made out of the country (when it is brought back).

Some is held because of regulatory uncertainty to include the true costs of Obamacare, which has not been fully implemented.

And corporations have lots of debt on (http://www.bloomberg.com/news/articles/2015-10-15/corporate-america-s-epic-debt-binge-leaves-119-billion-hangover)the books too. That has to be paid off and interest rates are set to rise, so they can't wait too long.

Matty
10-17-2015, 08:20 AM
They are sitting on their cash for many reasons. Some is overseas because America is one of two nations on Earth that tax profits made out of the country (when it is brought back).

Some is held because of regulatory uncertainty to include the true costs of Obamacare, which has not been fully implemented.

And corporations have lots of debt on (http://www.bloomberg.com/news/articles/2015-10-15/corporate-america-s-epic-debt-binge-leaves-119-billion-hangover)the books too. That has to be paid off and interest rates are set to rise, so they can't wait too long.



Gee, that is exactly what I said and he responded with expletives in a foreign language.

Peter1469
10-17-2015, 08:21 AM
Gee, that is exactly what I said and he responded with expletives in a foreign language.

I wouldn't let it get to you.

Crepitus
10-17-2015, 08:57 AM
Know why? Because liberals in America think they're evil and want to tax them out of existence. Then add Obamacare, the biggest job killing piece of legislation to come down the pike. Now some on the left are whining that the elderly are being made to pay to make up the difference. It's not as if the warning bells weren't rung.


I know. You know. It's just hard for you to take responsibility.


Gee, that is exactly what I said and he responded with expletives in a foreign language.
No, this is exactly what you said. Which bears little if any resemblance to this:


They are sitting on their cash for many reasons. Some is overseas because America is one of two nations on Earth that tax profits made out of the country (when it is brought back).

Some is held because of regulatory uncertainty to include the true costs of Obamacare, which has not been fully implemented.

And corporations have lots of debt on (http://www.bloomberg.com/news/articles/2015-10-15/corporate-america-s-epic-debt-binge-leaves-119-billion-hangover)the books too. That has to be paid off and interest rates are set to rise, so they can't wait too long.

domer76
10-17-2015, 11:21 AM
They are sitting on their cash for many reasons. Some is overseas because America is one of two nations on Earth that tax profits made out of the country (when it is brought back).

Some is held because of regulatory uncertainty to include the true costs of Obamacare, which has not been fully implemented.

And corporations have lots of debt on (http://www.bloomberg.com/news/articles/2015-10-15/corporate-america-s-epic-debt-binge-leaves-119-billion-hangover)the books too. That has to be paid off and interest rates are set to rise, so they can't wait too long.

The regulatory uncertainty is bullshit. I've heard the same trite phrase for years and the same cash reserves are still there. The bottom line is that corporations are doing quite well at the expense of the people they pay. When wages stay low, the discretionary income is not there. The destruction of unions, who play a part in obtaining better wages for their members plays a part in that

hanger4
10-17-2015, 11:39 AM
The regulatory uncertainty is bullshit. I've heard the same trite phrase for years and the same cash reserves are still there. The bottom line is that corporations are doing quite well at the expense of the people they pay. When wages stay low, the discretionary income is not there. The destruction of unions, who play a part in obtaining better wages for their members plays a part in that

Concidering only about 11% of wage and salary workers belonged to a union it's a very very small part.

Truth Detector
10-17-2015, 11:44 AM
Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that. That the middle class has less discretionary income to create the demand for jobs is the problem. The union thing is part of that equation.

Source please.

I'm amused by the liberal lefts belief that corprations exist to merely create more jobs. Where did you study economics?

Truth Detector
10-17-2015, 11:49 AM
The regulatory uncertainty is bull$#@!. I've heard the same trite phrase for years and the same cash reserves are still there. The bottom line is that corporations are doing quite well at the expense of the people they pay. When wages stay low, the discretionary income is not there. The destruction of unions, who play a part in obtaining better wages for their members plays a part in that

Corporations are not doing quite well and many are struggling to keep their heads above water. How is it at the expense of the people they pay? Are people being forced to work for less than they think they are worth?

Unions have been very good at creating unemployment among their members. Why, look at what they have done for Detroit!!!

birddog
10-17-2015, 12:30 PM
Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that. That the middle class has less discretionary income to create the demand for jobs is the problem. The union thing is part of that equation.

That corporate investment money dried up in the Fall of 08 when it became obvious Obama was going to be elected. It's proper to say Obama triggered the recession.

domer76
10-17-2015, 02:34 PM
Source please.

I'm amused by the liberal lefts belief that corprations exist to merely create more jobs. Where did you study economics?

I'm not one of the lemmings that claims corps are the "jobs creators". That's the bailiwick of the greedy capitalists. The jobs creators are the people who buy things, mostly the middle class. Take the money out of their hands and the spiral begins.

Source? Look it up, lazy ass.

Peter1469
10-17-2015, 02:56 PM
The regulatory uncertainty is bullshit. I've heard the same trite phrase for years and the same cash reserves are still there. The bottom line is that corporations are doing quite well at the expense of the people they pay. When wages stay low, the discretionary income is not there. The destruction of unions, who play a part in obtaining better wages for their members plays a part in that

Incorrect.

Tahuyaman
10-17-2015, 09:17 PM
Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that. That the middle class has less discretionary income to create the demand for jobs is the problem. The union thing is part of that equation.


And why are they sitting on that cash and not reinvesting it in their businesses? Do you have any thoughts on that?

Ransom
10-18-2015, 04:05 PM
And why are they sitting on that cash and not reinvesting it in their businesses? Do you have any thoughts on that?

Leftists will claim these corporations are racists and trying to make Obama look bad, holding their money.

Rather, this country isn't a good investment right now. Debt ridden. Low return on investment. And Hillary leading the polls.

Subdermal
10-18-2015, 05:12 PM
Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that.


I'm not one of the lemmings that claims corps are the "jobs creators".

Well, you didn't on page 2, at least.

Derpity doofderp. :biglaugh:

domer76
10-18-2015, 09:47 PM
Gee, that is exactly what I said and he responded with expletives in a foreign language.

English must be your second language sonny

domer76
10-18-2015, 09:50 PM
That corporate investment money dried up in the Fall of 08 when it became obvious Obama was going to be elected. It's proper to say Obama triggered the recession.

You must be fucking kidding! The recession was full throttle towards the crapper when Obama took office.

The $1.4 trillion figure was from the spring of this year.

domer76
10-18-2015, 09:51 PM
Derpity doofderp. :biglaugh:

That's the most intelligent post you've made yet

Subdermal
10-18-2015, 10:04 PM
doip.

hanger4
10-19-2015, 06:20 AM
Well, you didn't on page 2, at least.
Good catch.

zelmo1234
10-19-2015, 07:41 AM
Corporate America is sitting on about $1.4 trillion in cash. If they wished, they could create tons of jobs with that. That the middle class has less discretionary income to create the demand for jobs is the problem. The union thing is part of that equation.

Actually that is just the cash that is sitting off shore with companies refusing to pay the additional 35% tax demanded by the USA for bringing the money back into the USA

So the number when you consider that money sitting on the sidelines in the USA is nearly 2.5 trillion

So why are the companies not investing the money and creating jobs?

Many on the left are under the impression that companies and corporations are in business to provide jobs and benefits to people. This is in part due to their more excepting behaviors when it comes to socialism.

Nothing of course is further from the truth. Companies make investments and expand their business when the risk/reward for more profits makes this investment a profitable idea.

When you add that additional 6% in taxations and another estimated 3% with new regulations with the ACA, you are adding about 10% to the bottom line to make that investment pay off.

And this is why there is little new investment in the USA

Peter1469
10-19-2015, 07:45 AM
The US largely stopped teaching economics in high school decades ago. It makes it easier for the hard left to push their policies.