In response to:

Romney's Hysteria Bubble

whargarblgobbler Wrote: Jul 18, 2012 8:22 AM
So you're totally okay with jobs going overseas, right? And you're totally okay with jobs being shed in the interest of a company's bottom line, right? Even if the bottom line is actually that of an investment company, like, say, Bain Capital? What if that were YOUR job? Additionally, if it's SO ok to send jobs overseas in a competitive market, why is a fave talking point of conservatives the idea that we need to bring jobs back to the US? And what exactly do you imagine would be the best way to do that while maintaining what is the US's famously high standard of living?
RayTheAnarchoCapitalist Wrote: Jul 18, 2012 10:12 PM
It's a question of diminishing returns. Why would I work twice as hard if I only get one and a half times as much money?
dolores30 Wrote: Jul 18, 2012 11:39 AM
80 % of the stimulus money went overseas but that was a hidden agenda a true payoff for the money that was given to Obama for election . He agenda was Obama self ego . With windows the internet would never been open to the citizens and by the way that citizens tax money ran the government not the other way around.
Rock Strongo Wrote: Jul 18, 2012 10:16 AM
Businesses certainly consider TAXES when deciding where to locate their factory or business. That's why businesses are fleeing high tax states like California and moving to low-tax states like Texas.

The liberal solution is to make them ALL high-tax states by consolidating power in the central government and imposing one-size-fits-none tax rates, leaving nowhere to flee but foreign countries with lower corporate tax rates. That's why liberals hate federalism--it allows people the freedom to vote with their feet and escape destructive liberal policies.
whargarblgobbler Wrote: Jul 18, 2012 9:24 AM
"Create a business climate in which it makes economic sense to do business here" means WHAT exactly? That answer, without any specifics, says absolutely NOTHING.

Here's some economics for you: no business hires on the basis of TAXES. Businesses hire on the basis of DEMAND. If there's a market for product, more workers will be hired to fill that demand, regardless of taxes. In fact, no one turns down more revenue because they have to pay more tax. Have you ever turned down a job/raise because the salary they would pay you would involve higher taxes?
inkling_revival Wrote: Jul 18, 2012 8:42 AM
Yes, actually, where it makes economic sense, those are the right things to do, and no regulation is going to make it any less the right thing to do.

However, we do want more jobs here. So the correct answer is to create a business climate in which it makes economic sense to do business here.

Democrats think you can just write laws and repeal economics. They think they can hike taxes up as high as they like, and then when businesses leave because the tax made their business drop off, point a gun at their head and demand that they stay put. That's immoral, but worse than that, it's futile. That's why every city run by Democrats is going broke.

What works is to drop the tax rates back down to where the businesses actually want to stay.

It was one of Barack Obama's best lines -- and best moments -- in the 2008 presidential campaign.

He had said we could save as much oil as we could get from domestic drilling if everybody properly maintained their cars and got their tires inflated. Now, that was hyperbole. But when conservatives, including his opponent, Sen. John McCain, tried to turn tire gauges into a symbol of Obama's pointy-headed liberalism (remember Dukakis and the endive!) and the sum total of his energy plan (if only!), Obama stood his ground.

"It's like these guys take pride in being ignorant."