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Old January 11th, 2018, 10:10 PM   #21
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Originally Posted by Libertine View Post
All the Presidents from Washington to Carter added $909 billion to the national debt, Reagan added another $1,700 billion.

All the Presidents from Washington to GWB added $9,986 billion to the debt, Obama added another $9,553 billion, twice as much as GWB and more than 500% more than Reagan.

Federal spending is too high.

https://www.whitehouse.gov/sites/whi...8/hist07z1.xls
Every penny of spending is approved by congress.
If you go into a restaurant and order the filet mignon, you can't just pay for a hamburger. You pay for what you order, you can't tell the waiter "I ordered too much, I'm only going to pay for half"

Last edited by goober; January 12th, 2018 at 03:14 AM.
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Old January 11th, 2018, 10:42 PM   #22
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Originally Posted by goober View Post
every penny spending is approved by congress.
If you go into a restaurant and order the filet mignon, you can't just pay for a hamburger. You pay for what you order, you can't tell the waiter "i ordered too much, i'm only going to pay for half"
smh
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Old January 12th, 2018, 04:31 AM   #23
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Originally Posted by Updike View Post
Toyota and Mazda to build $1.6 billion plant in Alabama.

https://www.cnbc.com/2018/01/09/toyo...n-alabama.html


AND we wish them luck, BUT....there's a teeny problem. The unemployment rate is 4.1%--the lowest it's been in 18 years AND where will Toyota and Mazda get the workers?
When Hyundai was considering where to build a pickup truck two years ago, the company’s top U.S. executive said he feared there just weren’t enough trained workers in central Alabama to support that kind of project.

The comments from then-Hyundai Motor America President Dave Zuchowski surprised state and local leaders at the time. And it led Alabama's Commerce Secretary Greg Canfield to defend the workforce pipeline in a state where nearly 40,000 people work in the auto manufacturing industry.

Now, a joint Toyota-Mazda plant is on the way to Huntsville and is expected to employ 4,000 people along with “three or four times” that many at a network of suppliers across the state. And again Canfield dismissed the idea that the state may not have enough workers to fill those jobs.

https://www.usatoday.com/story/money...ba/1023012001/
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Old January 12th, 2018, 04:35 AM   #24
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The GOP didn't see this coming and they SHOULD HAVE:

2018 Challenge: Too many jobs. Not enough workers.

Employers nationwide are grappling with a problem that threatens to stall economic growth: vacancies — and lots of them.

In Maine, where flurries can fall as late as April, the state transportation department is struggling to find snowplow drivers, thanks to the increasingly tight labor market. Ski resorts in the state, meanwhile, are still looking for employees to run the slopes.

Texas, too, is dealing with a labor shortage. As the price of oil climbs, drillers are ramping up production, but they need more truckers to haul it. Energy companies fear a dearth of such workers could eventually force them to limit production.
And Florida lacks the construction workers to keep up with its housing need, plus additional repairs from Hurricane Irma.

These are just a few glimpses into the country’s biggest scramble for workers in decades.

The U.S. unemployment rate continues to sink, hitting a 17-year low in November (4.1 percent), and job seekers are finding work more easily than at any time since the mid-’90s. Openings in the United States have now topped roughly 6 million for five months in a row, a record streak, according to the Bureau of Labor Statistics.

https://www.seattletimes.com/nwshowc...nough-workers/

So, as usual, the GOP and their boy president are a beat and a half behind.
No surprises here.
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Old January 12th, 2018, 04:41 AM   #25
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Originally Posted by Clara007 View Post
AND we wish them luck, BUT....there's a teeny problem. The unemployment rate is 4.1%--the lowest it's been in 18 years AND where will Toyota and Mazda get the workers?
When Hyundai was considering where to build a pickup truck two years ago, the company’s top U.S. executive said he feared there just weren’t enough trained workers in central Alabama to support that kind of project.

The comments from then-Hyundai Motor America President Dave Zuchowski surprised state and local leaders at the time. And it led Alabama's Commerce Secretary Greg Canfield to defend the workforce pipeline in a state where nearly 40,000 people work in the auto manufacturing industry.

Now, a joint Toyota-Mazda plant is on the way to Huntsville and is expected to employ 4,000 people along with “three or four times” that many at a network of suppliers across the state. And again Canfield dismissed the idea that the state may not have enough workers to fill those jobs.

https://www.usatoday.com/story/money...ba/1023012001/
Well, it used to be they'd get the workers from Mexico.
But they are going to be tied up, building the wall....
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Old January 12th, 2018, 04:49 AM   #26
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Originally Posted by guy39 View Post
I was not aware that the tax bill had any specifics in it dealing with trade
Guy39, the new tax regulations taxes corporate incomes from foreign sources at 10.5%. This further encourages corporations to invest abroad rather than in the USA, import products rather than produce them in the USA.

USA producers of products support USA's economy; producers of imported goods in aggregate effectively do nothing to support USA's economy.
Unlike the USA, foreign nations generally collect taxes from importers of goods into their nation. They do not tolerate foreign producers gaining advantages over their own domestic producers.
USA producers do, and foreign producers do not pay taxes and contribute to USA economy.

I'm among the proponents of the trade policy described by Wikipedia's “Import Certificates” article.
That policy is comparatively immune from any mischief.

Respectfully, Supposn
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Old January 12th, 2018, 08:54 AM   #27
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Originally Posted by Libertine View Post
All the Presidents from Washington to Carter added $909 billion to the national debt, Reagan added another $1,700 billion.

All the Presidents from Washington to GWB added $9,986 billion to the debt, Obama added another $9,553 billion, twice as much as GWB and more than 500% more than Reagan.

Federal spending is too high.

https://www.whitehouse.gov/sites/whi...8/hist07z1.xls
Are those inflation-adjusted dollars?
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Old January 13th, 2018, 12:49 AM   #28
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Originally Posted by Clara007 View Post
AND we wish them luck, BUT....there's a teeny problem. The unemployment rate is 4.1%--the lowest it's been in 18 years AND where will Toyota and Mazda get the workers?
When Hyundai was considering where to build a pickup truck two years ago, the company’s top U.S. executive said he feared there just weren’t enough trained workers in central Alabama to support that kind of project.

The comments from then-Hyundai Motor America President Dave Zuchowski surprised state and local leaders at the time. And it led Alabama's Commerce Secretary Greg Canfield to defend the workforce pipeline in a state where nearly 40,000 people work in the auto manufacturing industry.

Now, a joint Toyota-Mazda plant is on the way to Huntsville and is expected to employ 4,000 people along with “three or four times” that many at a network of suppliers across the state. And again Canfield dismissed the idea that the state may not have enough workers to fill those jobs.

https://www.usatoday.com/story/money...ba/1023012001/
Quote:
Originally Posted by Clara007 View Post
The GOP didn't see this coming and they SHOULD HAVE:

2018 Challenge: Too many jobs. Not enough workers.

Employers nationwide are grappling with a problem that threatens to stall economic growth: vacancies — and lots of them.

In Maine, where flurries can fall as late as April, the state transportation department is struggling to find snowplow drivers, thanks to the increasingly tight labor market. Ski resorts in the state, meanwhile, are still looking for employees to run the slopes.

Texas, too, is dealing with a labor shortage. As the price of oil climbs, drillers are ramping up production, but they need more truckers to haul it. Energy companies fear a dearth of such workers could eventually force them to limit production.
And Florida lacks the construction workers to keep up with its housing need, plus additional repairs from Hurricane Irma.

These are just a few glimpses into the country’s biggest scramble for workers in decades.

The U.S. unemployment rate continues to sink, hitting a 17-year low in November (4.1 percent), and job seekers are finding work more easily than at any time since the mid-’90s. Openings in the United States have now topped roughly 6 million for five months in a row, a record streak, according to the Bureau of Labor Statistics.

https://www.seattletimes.com/nwshowc...nough-workers/

So, as usual, the GOP and their boy president are a beat and a half behind.
No surprises here.
Are you really attempting to say we need higher unemployment so we can have more workers that are available?
Thanks from Sabcat
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Old January 13th, 2018, 12:49 AM   #29
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Originally Posted by Supposn View Post
Guy39, the new tax regulations taxes corporate incomes from foreign sources at 10.5%. This further encourages corporations to invest abroad rather than in the USA, import products rather than produce them in the USA.

USA producers of products support USA's economy; producers of imported goods in aggregate effectively do nothing to support USA's economy.
Unlike the USA, foreign nations generally collect taxes from importers of goods into their nation. They do not tolerate foreign producers gaining advantages over their own domestic producers.
USA producers do, and foreign producers do not pay taxes and contribute to USA economy.

I'm among the proponents of the trade policy described by Wikipedia's “Import Certificates” article.
That policy is comparatively immune from any mischief.

Respectfully, Supposn
I believe that rate is for money coming back to the United States
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Old January 13th, 2018, 12:56 AM   #30
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Originally Posted by guy39 View Post
I believe that rate is for money coming back to the United States
Yup, it is an incentive to bring money back in from tax shelters. The horror. I think that there may be a time limit on it too, but im not sure.
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