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Thread: Business, Economics & Tax Policy 7: Workers of the world unite!

  1. #941
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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by 5mn_Major View Post
    Huh. Probably profit taking.
    Just profit-taking/market forces for now
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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by 5mn_Major View Post
    Been buried in work for the last couple of days. What's up with the markets?
    Bond prices dropped with the Fed's interest rate increase, and it finally trickled to the non-Fed assets. With that, people were seeking a little more dividend returns and dropping some of their higher risk assets - tech stocks.
    "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Yeah sounds like some fears of inflation.

    Huh. A tax cut for big business who won't spend it (cuz cash doesn't drive corporate spending, ROI drives corporate spending), dried up demand for prods/svcs due to a slowdown in govt spending, a soaring public debt, and increased prices on tens of thousands imported goods due to tariffs......means inflation? That's crazy talk.
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    Quote Originally Posted by 5mn_Major View Post
    Yeah sounds like some fears of inflation.

    Huh. A tax cut for big business who won't spend it (cuz cash doesn't drive corporate spending, ROI drives corporate spending), dried up demand for prods/svcs due to a slowdown in govt spending, a soaring public debt, and increased prices on tens of thousands imported goods due to tariffs......means inflation? That's crazy talk.
    Don't worry - it will be the Dems' fault for not approving enough tax cuts.

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by 5mn_Major View Post
    Yeah sounds like some fears of inflation.

    Huh. A tax cut for big business who won't spend it (cuz cash doesn't drive corporate spending, ROI drives corporate spending), dried up demand for prods/svcs due to a slowdown in govt spending, a soaring public debt, and increased prices on tens of thousands imported goods due to tariffs......means inflation? That's crazy talk.
    And all with stagnant wage growth too!

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    Isn't this what Trumpies call winning?

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    http://fortune.com/2018/10/09/ford-s...trade-tariffs/

    Jim Hackett, Fordís CEO, is working to engineer a $25.5 billion restructuring of the automaker, hoping to cut costs and remain competitive, the Wall Street Journal reports. But auto sales are down, and one reason is the trade tariffs that Trump has imposed on metals and other goods. According to Bloomberg, Hackett has said they have already cost the company $1 billion in profit and could do ďmore damageĒ if the disputes arenít resolved quickly.

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    KDR

    Rover Frenchy, Classic! Great post.
    iwh30 I wish I could be as smart as you. I really do you are the man
    gregg729 I just saw your sig, you do love having people revel in your "intelligence."
    Ritt18 you are the perfect representation of your alma mater.
    Shirtless Bob That's it, you win.
    TBA#2 I want to kill you and dance in your blood.
    DisplacedCornellian Hahaha. Thread over. Frenchy wins.

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    Get/build the parts here? We used to do that.

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by joecct View Post
    Get/build the parts here? We used to do that.
    Sure, they'll be super competitively priced The world doesn't work how you think it does.

  10. #950
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    Quote Originally Posted by joecct View Post
    Get/build the parts here? We used to do that.
    Someone doesn't understand economics 101 and the principle of comparative advantage.

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Thatís why Republicans support this ****. They just donít understand.

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by joecct View Post
    Get/build the parts here? We used to do that.
    Look, I know you've been retired for a bit, but I didn't think the accounting field had passed you by this quickly.
    Michigan Tech: "Working with scraps and guys from places so remote that Houghton seems like a metropolis"

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    Quote Originally Posted by dxmnkd316 View Post
    Thatís why Republicans support this ****. They just donít understand.
    They understand what plays to voters....

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    I was talking about the GOP voters

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by mookie1995 View Post
    They understand what plays to voters....
    A minority of voters. Gerrymandering, voter restrictions on say registration, districting and the electoral college do the rest.
    Go Gophers!

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Last yearís tax legislation eliminated that benefit for all industries but one: real estate.


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    Quote Originally Posted by 5mn_Major View Post
    A minority of voters. Gerrymandering, voter restrictions on say registration, districting and the electoral college do the rest.
    mookie votes every time and has never witnessed one person turned away...

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    At least its good that you agree there is gerrymandering, districting and the electoral college...which makes it so that the people's preferences don't matter.

    Quote Originally Posted by mookie1995 View Post
    mookie votes every time and has never witnessed one person turned away...
    Registration - Everyone in these states who isn't already registered to vote will 'be turned away'. AL, AK, AZ, AR, FL, GA, HI, IN, KY, LA, MI, MS, MO, OH, PA, RI, SC, TN, TX - pretty much all states that have been run by the GOP.

    Voter ID - Since the late 20th century, the Republican Party has led efforts to create more stringent voter ID laws. 12 states now require voters to show some form of photo identification with approximately 13 other states pursuing similar legislation. The laws were often introduced by the Republican members of ALEC (i.e., a shady special interest group) and signed by Republican governors. The Texas law recognized government-issued photo identification and weapons permits but not college IDs, resulting in criticism that the law was unfavorable to young voters, who trend liberal, while favorable to gun owners, who trend conservative. Wiki.

    Research has shown that the type of voter fraud that would be prevented by voter IDs is extremely rare. There is evidence that voter ids turns voters away. https://fivethirtyeight.com/features...voter-id-laws/

    But mookie is everywhere...so never mind.
    Go Gophers!

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by joecct View Post
    Get/build the parts here? We used to do that.
    And they'd cost even more than the imported parts do now with the added tariffs. So instead of it costing them a billion, it'll cost them 2-5 billion. Maybe more.

    You cut into profit enough, and they won't be able to pay the CEO his $200 million salary. And the CEO doesn't want that. No sir, that would be the worst thing that could happen to the company.
    Last edited by rufus; 10-14-2018 at 08:41 AM.
    What kind of cheese are you planning to put on top?

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    Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Quote Originally Posted by 5mn_Major View Post
    At least its good that you agree there is gerrymandering, districting and the electoral college...which makes it so that the people's preferences don't matter.



    Registration - Everyone in these states who isn't already registered to vote will 'be turned away'. AL, AK, AZ, AR, FL, GA, HI, IN, KY, LA, MI, MS, MO, OH, PA, RI, SC, TN, TX - pretty much all states that have been run by the GOP.

    Voter ID - Since the late 20th century, the Republican Party has led efforts to create more stringent voter ID laws. 12 states now require voters to show some form of photo identification with approximately 13 other states pursuing similar legislation. The laws were often introduced by the Republican members of ALEC (i.e., a shady special interest group) and signed by Republican governors. The Texas law recognized government-issued photo identification and weapons permits but not college IDs, resulting in criticism that the law was unfavorable to young voters, who trend liberal, while favorable to gun owners, who trend conservative. Wiki.

    Research has shown that the type of voter fraud that would be prevented by voter IDs is extremely rare. There is evidence that voter ids turns voters away. https://fivethirtyeight.com/features...voter-id-laws/

    But mookie is everywhere...so never mind.
    mookie should be everywhere

    should be national id cards too. homeland security should fund for domestic travel. can be coded for citizen, resident, visitor, etc. visitors (students) pay, citizen get free. resident aliens pay less than visitors.

    besides security issues, they can (should) be used for voting id. no need to register. citizen...show your national id and vote. get a ink dunk on your thumb too

    good idea there 5min. thanks!
    a legend and an out of work bum look a lot alike, daddy.

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