I lived in high inflation, specifically the Carter years, when we bought down our interest rate from 15 percent to 12 percent to buy a house. Agree about Americans incurring debt to buy useless junk that us either in their toilets the next day or dumpsters on a year and contributing to pollution Items are so cheap and cheapened that no one cares about quality or durability As I left for work this morning, the curbs in my middle class neighborhood were piled with boxes and the junk that was replaced by contents of the boxes. |
Democrat Subsidy for Cheap Foreign Labor - F1/OPT The hidden subsidy relates to the fact that OPT defines the alumni as students (with F-1 visas) and as such they are not covered by payroll taxes. This means that an accounting firm that paid an OPT worker at $80,000 a year for three years would save $18,360 over the three years if it hired an alien as opposed to an American or legal permanent resident at the same basic pay rate. With both the employer and the worker saving $18,360 each over the three years, this means a combined loss to the Social Security and Medicare Trust funds of $36,720 in that time period. This is a subject never mentioned by employers. http://cis.org/north/accounting-firms-want-join-subsidy-program-cheap-foreign-workers |
I bet it's a benefit that workers in New York wanted to keep the most was any kind of housing assistance. Real estate in New York is absurdly expensive no be almost impossible to maintain an apartment that close enough to a 60 to 90 minute commute to theor job. I noticed the same thing in San Francisco that a lot of fast food places were advertising for $15 an hour jobs but people didn't necessarily want to commute all the way into San Francisco because the housing market is extremely inflated and there's very little stock. |
Fact: The counties with the highest percentages of people on food stamps are predominantly white and Republican, for example Owsley County KY. |
Just as there are more white people on government assistance programs than minorities. However, considered as a percentage of the total...different story. There are lies, damned lies and statistics. Bend them to your own purpose? |
Two problems: First, corporations are tax collectors, not tax payors. https://mobile.nytimes.com/2008/06/01/business/01view.html Likewise, they don't really receive tax breaks and subsidies, they are simply pass through entities for the economic benefit. Second, capital will almost always seek the highest AFTER TAX returns possible. All else being equal, capital will be allocated to an investment that returns 10% vs one that returns 9% after tax. Since capital is mobile, the idea of simply taking a "slight hit to the bottom line (but still being profitable)" won't work. You'll starve the company of capital as investors flee to better investments. What you're asking for is the equivalent of asking the process of natural selection to be less ruthless even if it means that the species that is evolving ends up being weaker than it would have otherwise been. |
Overall there are far more white people on food stamps than there are minorities. But whenever food stamps are discussed by Republicans they virtually always are referring to minorities - and also doing so without wanting to address high unemployment stats, hiring discrimination and other issues that make it harder for minorities to find and retain good employment. On the whole, Republicans don't even care about any actual numbers or statistics, they just rely on anecdotes and stereotypes and bend those for their own purposes, which is even worse. |
DP - I don't think it is necessarily a logical followon that the species to evolve will be weaker. Compare Costco vs. Sams Club. Same business model but Costco treats its employees better - yet they have been doing just fine. |
On the whole you don't care about facts or reality but rather continue to promote the partisan line. |
DP I have never understood how a corp does not get to deduct profits distributed to shareholders and those dividends are taxable to the recipient? Of course the tax code is so complicated that a lot of money is wasted on that alone. |
Unless you think Ferrari and Ford are operating the same business model, there is no reason to suggest Costco and Sams are the same business model. They are targeting different revenue streams, customers and markets.... That's isn't to say one is inherently better than the other. They are both pretty good at what they do, but the Costco model wouldn't work at Sams or vice versa. |
How are Costco and Sam's club different? You buy in bulk right? I thought it was a good analogy and a reason why I have been a Costco member for years. I also buy coffee at starbucks because they give health insurance and education benefits to employees. Also, just because you are targeting different consumers doesn't give a company license to be fiscally irresponsible. If they can't afford benefits for all their full and part time employees, they need to employ fewer people. |
The purpose of a corporation is to maximize profit to its shareholders. Starbucks may do that by paying healthcare and thereby attracting libs like you that are willing to pay more for their products because of that stance. Furthermore, they may financially benefit from this strategy by minimizing employee turnover. For profit corporations base their decisions on the bottom line. They do nothing out of the goodness of their hearts at the expense of profit. If they acted in this manner they would quickly lose value as investor's flee to better investment choices. Its called capitalism. |
So Starbucks isn't a good profitable company in your eyes? Or Costco? And Ford is? |
Did you read what I wrote? They may be profitable (or marginally more so) due to the fact that they embrace pc practices that in turn generate a consumer that is willing to pay a higher price because they are viewed as conscientious in their employment or supplier treatment practices. If the higher cost of these practices was not recovered in profit, then the company would be worth less and the stock would devalue. All of the companies you mention are profitable, but they have different models to get there. If for example Costco could not adopt Starbuck's model because their costs would then rise and put them at a disadvantage against Sam's, Walmart, Target, etc. |