Election 2012 Is Comming

Depends on the business. Unless you are a finacial, oil, coal, drug, or defense company I don't think the results of the election will have a direct effect on anything. Companies that actually build things and invent things have better things to do than worry about what the government is doing... those above that leech off the producers and government spending do better when they are allowed full range to leech. But frankly those companies couldnt realistically ask for much better than what they have gotten from the obama administration.

The tax cuts were supposed to get the companies to put the money back into the economy, where is it ?   It is waiting on the results of the European issues, watching the price of gas, and wondering when people are going to start buying the stuff on the shelves before they start hiring people to put more products on the shelf. Of course there is also those millions of unwanted properties out there that still need to sold before things really start to move again. Part of what fueled the housing boom was the lack of growth and return in the stock market even with the high levels of goverment spending and repeated tax cuts, money had to go somewhere and it went into real estate.

I am not expecting miracles out of anyone.. and certainly not out of the current batch of bought and paid for jokers that have hijacked the republican party.    

I may throw a vote at Cain, its to early to tell, my only dislike is the fact that he cuts his own hair to this day because he was refused a haircut from a white barber years ago, racism works both ways, and that may be a problem, but im right there with you Joe, those republicans....I dont get a good feeling about them, especially Perry, he has Bush eyes. I know at the end of the day there is not much one can do with the economy unless we educate, invent, manufacture,
I just want one canidate to tax the *************** out of imports and create competition, there is no way we can compete against those nip bastards, its hard to see the forest or the trees, its a pretty simple solution by educating the American consumer, it starts there, its an economy where you are forced to purchase sub-standard lower priced products, but maybe in the grand scheme someday as the dollars de-values and the labor force works for half of what it use to, maybe we will be comptitive again. in reality, the housing crises created a temporary boom in the economy as did the auto industry of the 70's and 80's, but it fizzled and ran its course....we dont have much left to stimulate or create jobs because we are so dependent on foriegn products, we got 300 million in this country, I know and you know manufacturing is what built this country, there are no get rich schemes anymore, you gotta put people to work and put money in there pockets, as you said commodities are what the rich get rich from, you can see that when they keep fluctuating the price of gas and invisibly create a shortage scenario, and then its time to buy

JoeinNY wrote: skicat2001 wrote:    Watch how the stock market makes a huge jump the day of election and a pubby wins. Corporate America will make changes in how they operate and do business. Where do you get this crap.. if you were take this as an actual measure of the effectiveness of presidents you would see that on the whole it favors the Democrats by a large margin.. but it isnt a good measure

Main reason is me and the pubbys believe everybody is equal. No one is greater than the other. But foremost, the rich should not pay 90% of the taxes in america. You darn democrats keep taxing and taxing the rich, as I said before the more you tax the more they sit on the jobs and keep our unemployment rate at 10% which has been there since Obama the magnificent has been in office. I would give a detail but seems you demmys just dont get it.

Businesses will do with their cash what they have been doing, use it to keep the management going while continuing to not hire (in fact cut back further) and invest because there is no demand.

I don’t overlook the effect that the current 24 hour news cycle and the crazy amount of time and energy put into spin these days can have on the American psyche and how much of an effect that can have on consumer confidence and the American economy. It is that 24 hour new cycle that has enabled a constant attention to the utterly nonsensical minutia to distract people from reality, both current and historical. There are a lot of people making a lot of money telling anyone who will listen that their problems are not their fault but rather the fault of “evil” or stupid people that cannot see the simple common sense solutions.
But it is all garbage, economics, certainly global economic s is not simple business. Everything is interrelated and therefore any one area can certainly and often does not appear to make sense on its own. But is accurately understood and predicted by economic theories tested by historical facts.. rather than embrace those theories to achieve goals we are told to ignore them because they come from them there fancy pants edumacated folks and what we here folks really need is just some plain ol common sense solutions. See, then it is easy and you don’t have to think for yourself.. guys like skicat don’t even have to think about who to vote for.. whoever the Koch brothers pick to put an R next to gets the nod. Each individual point brought up here as accepted fact by bought and paid for talking heads can and has been refuted by real data but rather than go back and start to question the sources of the erroneous theories we simply hear the next round of so called common sense - non-sense spouted by those same sources.   
The answer from the republican party seems to be to elect exponentially more economically ignorant to double and triple down on failed simplistic and one sided strategies .. while the democrats lack the collective cohones to do anything. Given the choice at the moment I choose nothing… and the markets have as well. Money flooded from the markets until fiscal reform was passed… Bushes bubble had the market down to 6900.. the crushing effect on demand and increased debt from Cain’s 999 plan would best that bottom by a long shot.
The best and simplest explanation of the current state of the global economy I have seen in a long time is

http://growth.newamerica.net/sites/newamerica.net/files/policydocs/NAF_The_Way_Forward_Alpert_Hockett_Roubini.pdf

the sad part is that while our elected officials generations ago put as much time and energy into their economic policies and research as these three have our current leaders will as a general rule not even spend the time to read such work done by others before determining their policies.


As much as it was interesting at times to see where people are at with thier thinking on this stuff.. it is down to the same ol same ol arguements with no direct relation to facts or data to back it up and I can get that directly from rush, hannity, boortz, savage, beck, etc.. so back to boats for me. If anyone wants to actually read the above article with a critcal eye and question or critique it start another thread and perhaps we can have a more enlightened discussion.

this is what bothers me, like this site, with words I hated 79, not really...if we ever met face to face I know we wouldve been the best of friends, some good ole boy comes onto fox and bashes OUR president, compares him to Hitler and he is golfing with John the Boner.
at the end of the day these guys work with eachother, I hate the division the right tries to create,
watching these damn debates again, and the attacks, it really is like a group of kids fighting over a piece of candy, Im really starting to like this guy Cain, he makes sense, he doesnt point a finger and tackles the problem at hand.
once again, once the free trade with Vietnam goes thru, New Balance Tennis shoes may have to close the doors, wtf, we cant live on ghost money created by a stock market

so does the thousand people bother anyone from New Balance going into the already overcrowded workforce up there in the Boston area, the only last American made tennis shoe company, if the the free trade goes thru, that will be the end of them........
it seems no one ever tends to agree that the problem stems here, we keep babbling about high taxes....this *************** keeps up, we wont be taxing anyone

Obama is a socialist. He took over the automobile, mortgage, banking, and health care industries via legislation and regulation. Govt is expected to own 70% up from 19% in 2008. He has got to be stopped, and this has nothing to do with division of one to the other. Socialism sucks, and the harry reids, nancy peloski and obama team need to hit the road.   

eric lavine wrote: so does the thousand people bother anyone from New Balance going into the already overcrowded workforce up there in the Boston area, the only last American made tennis shoe company, if the the free trade goes thru, that will be the end of them........ it seems no one ever tends to agree that the problem stems here, we keep babbling about high taxes....this *************** keeps up, we wont be taxing anyone

Eric, I share your concerns and I am bothered when jobs leave. Taxes are one part of the equation, along with wages, bennifits, productivity, regulation, energy cost, value of the dollar,transportation costs,..... It all needs to be addressed to keep us competitive globally. We have great workers who are smarter and can outproduce most other countries, we dont need to pay $3 an hour to compete, but we do need to stay competitive, and embrace busisness to discourage them from leaving.

phospher wrote: If taxes are driving companies over seas please explain to me why companies like GE are outsourcing to China? There should be very very big prices to pay for US companies who choose to outsource. And if we have great workers who are smarter and can outproduce any other country, shouldn't we pay and treat them like they are the best?

Phil, as the post you quoted said, it is not just taxes, the whole package must be evaluated. Please explain to me why in a free country there would be a "Very,very big price to pay for outsourcing"?

Yes we should pay our workers what they are worth. As I said based on their abilities they can outproduce and thus can be paid more than foriegn labor, but they still have to compete, not just demand whatever they want. Better a thousand people agree to a resonable compensation package than loss the 1000 jobs overseas. I heard today we have another California solar company going belly up. This one we invested over a billion dollars in while it was building an assembly plant in Mexico. I cant imagine why Obamas latest plan could not even pass the democratically controlled senate.

Dave, I believe the deal would release a 20% tariff on importing from Vietnam, its a no win, I once told you I would only wear New Balance because they were made here. unless this country strikes oil, were doomed

eric lavine wrote: how many people do you know with a 4 year degree working at Mcdonalds?

right now that may be better than trying to run your own business.....

And I thought you guys would like this article posted in the Washington Post this morning.

Report: A quarter of U.S. millionaires pay taxes at a lower rate than some in middle class

phospher wrote: And you seem to have no shame in supporting China products. Conservatives sure don't seem to care much about people for being such God loving Christians. WWJD? Outsource to China? Don't think so.

Folks without jobs or income do not look for the Made in USA tag.

You look for a garmet or item that you can afford and still be able to stop by the grocery on the way home and pick up something to keep us alive until something comes along.
When you decide to live in a global market place, you purchase based on your funds global value.

When you train others in other countries to do the job for 10% of the cost here, you have to expect that the jobs will go to them. And they
can be trained and are willing to work harder and longer hours. They have desire and know what they have to go back to if they fail..... They have a real Yellow Brick Road.

Welcome to the Global Marketplace.

phospher wrote: I feel the same way...if all you have is a hammer, everything looks like a nail.

No some things look like thumbs, You have to know when to swing and when not too.

look at this country as a big money tree, this will be easy to understand, a seedling planted years ago and the tree flourished, every branch full, as time goes by the wind blows, blows the seeds into other parts of the field, we keep picking the apples, but never fertilize the tree, we keep fertilizing the tree in the other fields because there are 10 trees in that field. Our tree grows weaker and weaker, frail, unhealthy, those 10 other trees belong to your neighbor, (btw they spray their trees with arsinic and it gets into the apple juice)
now your neighbor knows you must rely on his trees to survive.
That poor once vibrant apple tree just stands in that field waiting for a rainy day