Felons Voting Illegally May Have Put Franken Over the Top in Minnesota, Study Finds

[BanginJimmy]

No, I would not want to stay on unemployment because there are no benefits other than temporary cash. Theres no retirement, you're not paying into social security, no insurance, etc.

So the only difference between an unemployment check and a check you work for is that more money is taken out of the one you actually work for and you wonder why people are happy to sit on unemployment? Are you really this dense?

As far as the 720B invested into the stimulus (most of which is yet to be spent).

So you will admit that it was simply a massive spending bill meant to give the appearance they are doing something, not to actually do anything meaningful.

.. what about the countless billions invested in Reaganomics? Wheres the trickle down? If Bush's tax cuts are so awesome and trickle down works so well... why is there such a gap between executive compensation and the wages of regular workers? We're now 30 years in to the "Reagan r3volution" and the money hasn't trickled down yet.

You really are this ignorant arent you? This really isnt an act. Executives at a fortune 500 corporation make FAR more than the building janitor because the CEO has a LOT more responsibility. How many multi billion dollar decisions do you think the receptionist at JP Morgan's building has? Now how many of those decisions do you think the CEO that sits 20 floors higher has?

You just proved my point exactly. You are not going to grow your business because the economy is terrible and the demand for your products is down. Even if you got a further tax cut you would not invest in increasing production, hiring workers, purchasing inventory, etc. Until demand goes up you are going to hoard wealth. And thats a smart strategy for a business owner. But it doesn't put anybody to work.

How did he prove any point you have made? He said uncertainty caused by the govt is holding businesses back from hiring and he is right if you want to believe Investors Business Daily and the Wall Street Journal.

Lets use a VERY simple example. For simplicity we will ignore current taxes. You have $4000 a week to hire new employees. If you are to pay them $10/hr that comes out to 10 employees. Now all the sudden you are being told by the govt that a new set of taxes and requirements are coming, but you dont have any firm details for you to determine how much that will cost you. Are you going to invest the money today to hire, train, and equip these new workers only to find out that these new regulations are going to cost you 2k per week, thus requiring you to lay off 5 of those new workers? Of course not. You are going to wait until you know how the new regulations and taxes are going to affect you, then you will hire appropriately.

Now think about a multi-national fortune 500 corporation. They will have a huge tax increase, new costs associated with federal financial regulations, new costs from the health care overhaul and massive new compliance costs. None of these new laws have gone into affect yet so none of the corporations know exactly how they will be affected, therefore, they are going to stack cash or put it into investments that are safe from the govt.