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Banned TED Talk: Rich People Don't Create Jobs

Hits: 7946 | Rating: (3.1) | Category: News & Politics | Added by: fancylad
Page: 1 2 3 4 Next >   Jump to: Bottom    Last Post
Palfas
Male, 30-39, Midwest US
 410 Posts
Tuesday, May 22, 2012 12:17:02 PM
RytWing
Legislators created tax breaks and loopholes for companies that were sending their workforce over seas. It was going to happen one way or another, but this way their buddies all get to make more money.

Faux news is so far left, it makes MSNBC look moderate.

OldOllie
You clearly didn't watch the video. The last thing any company will do is hire new employees. Just look at our current situation with large companies, they have way more cash on hand right now then ever, but they're not hiring. They're not hiring because of low demand, which is due to a middle and lower class with no money and no jobs.


Cajun247
Male, 18-29, Southern US
 10349 Posts
Saturday, May 19, 2012 12:22:55 PM
@jops360

Automation does not cost jobs

RytWing
Male, 30-39, Western US
 316 Posts
Saturday, May 19, 2012 8:49:02 AM
Legislation gave all those production jobs to other countries. The government is the problem. Buy American every chance you get.

RytWing
Male, 30-39, Western US
 316 Posts
Saturday, May 19, 2012 8:46:48 AM
Jops360
What I private citizen does with their own money is none of my (or your) business. I am adamantly opposed to lobbying.
You assume you know me by my name. Here's a run down of me. I love guns and God. Don't attack them. Don't try and take them away from me. Live and let live.

Fox news is not fair nor balanced but by comparison to MSNBC (left wing rag) they look moderate.

jops360
Male, 30-39, Midwest US
 633 Posts
Saturday, May 19, 2012 8:38:53 AM
rytwing - yes the service industry would not be a good example of this, i am talking about the production side. but right now our production side is suffering. what we need is production, service doesnt pay much compared to it and without production most people need two ore more jobs just to pay the bills. i am not trying to cover all business with my descriptions, just the ones that are needed the most and the ones that obviously make the most profit from these decisions.

jops360
Male, 30-39, Midwest US
 633 Posts
Saturday, May 19, 2012 8:30:27 AM
cracker - moddest said it best. besides that college is not for everyone. the main thing it does is get people ready for lifelong debt. you are right in saying that the current workforce is in need of highly skilled people to take care of the machines that took over the menial jobs but that is just helping my arguement that technology is taking away all of the easy jobs people need. it takes one person to keep multiple machines running when it used to take one per machine. thats jobs lost. until a higher education dosnt do more harm than good people will stay dumb. also, guess who makes the most from people paying an arm and leg going to college, the banks. the same people pushing for lower taxes and demanding that college tuition doesnt fall with regular debt. if the rich didnt want us to stay dumb wouldnt they want a highly skilled workforce? wouldnt they want colleges to lower tuition and book prices in order to make smarter workers? they have the power, they are just making to much

RytWing
Male, 30-39, Western US
 316 Posts
Saturday, May 19, 2012 8:30:23 AM
Jops360
I work for an employer who could very easily automate things but that would remove human interaction and the service aspect which is not good for business.
Ever heard of the fortune 500? That's a list of companies that are the best to work for.
I agree that they are a whole lot of greedy turds in big business. But, this blanket generalization that industry is evil is way to hard to swallow.
BTW. I'm a registered independent.

uatme
Male, 18-29, Canada
 1027 Posts
Saturday, May 19, 2012 8:26:31 AM
@OldOllie the real problem is that people keep calling rich people job creators, they're not talking about employers, they are just talking about rich people, yes some may overlap but not all do.

uatme
Male, 18-29, Canada
 1027 Posts
Saturday, May 19, 2012 8:24:05 AM
@OldOllie unless the money belongs to the company (not the multi-millionair who runs it) then he pays small business taxes which would be less, and maybe there are tax credits on new equipment like the truck. Your example is a perfect one to prove my point. Only when the money transfers from the company to the rich employee should it be taxed at the 35%.. but this has nothing to do with capital gains which is the real problem. Im sure this post is way to late anyway..

jops360
Male, 30-39, Midwest US
 633 Posts
Saturday, May 19, 2012 8:18:16 AM
rytwing - you are in your own little world if you think companies dont put profit over people. with the rise in technlogy automation is a constant winner over hiring the average worker to do menial jobs. i have seen in in every company i have ever worked in and i dont think that it was a localized practice. and you say that i dont think for my self, your own name tells me you only consider the right wing propaganda. do you also think super pacs are ok or that its ok for lobbyists to bribe officials into doing their bidding.

madest
Male, 40-49, Eastern US
 6464 Posts
Saturday, May 19, 2012 7:22:35 AM
Economists don't learn their trade by playing SIMCity. It's like saying you'd be a good soldier because you played Modern Warfare.

CrakrJak
Male, 40-49, Midwest US
 17310 Posts
Saturday, May 19, 2012 3:11:32 AM
jops: Yes Sim City is a game, but it's based on and programmed from real life examples.

keeping them stupid is the prime directive of the rich..


Bullsh|t, most companies are desperately seeking well educated technical, science and math majors. The only ones whining that they can't get jobs are the art, liberal studies and literary/journalist majors. The workforce needs educated people to run and fix the machines. Even more necessary are the engineers ans scientists needed to invent and design those machines.

Your parroting of the age old, "The man is keeping us down" narrative is as stupid as it gets. That sort of class warfare propaganda was around even before I was born and it's straight up marxist socialist idiocy.

PoopNoodle
Male, 40-49, Midwest US
 398 Posts
Saturday, May 19, 2012 12:00:36 AM
Great video

RytWing
Male, 30-39, Western US
 316 Posts
Friday, May 18, 2012 11:55:56 PM
Jops360
Spare me the "every company is evil nonsense". Blanket accusations only lead to more ignorance and division. All white people have a white hood in their closet and all black folks are on welfare. B.S.! Your playing right into their hands. Think for your self and don't let Fox and Msnbc do it for you.

jops360
Male, 30-39, Midwest US
 633 Posts
Friday, May 18, 2012 11:38:18 PM
craker - sim city is a GAME. it was programmed to be easily played. the real world does not have the same rules. please stop tring to dumb it down to make your point.

jops360
Male, 30-39, Midwest US
 633 Posts
Friday, May 18, 2012 11:35:28 PM
rytwing - companies want to make enough money as possible and if there were a way to automate every aspect of a company they would do it. they dont care about workers, in fact, they worry about them constantly. people are a liability, machines are not.

jops360
Male, 30-39, Midwest US
 633 Posts
Friday, May 18, 2012 11:32:52 PM
until we fix the loopholes no matter what we set the taxes at, they will pay what they want to pay. they already own the government all we are doing is complaining about what is written down in the books. also, the customers are the only reason the company is there in the first place. keep them poor and the economy will never recover. take away their thought of a brighter future and then we might have a mutiny on our hands. keeping them stupid is the prime directive of the rich. they just want them smart enough to follow directions any more and they are considered a threat to those pulling the strings.

jops360
Male, 30-39, Midwest US
 633 Posts
Friday, May 18, 2012 11:27:14 PM
here is what i love about most of these replies. they use an example of some company and how they would not hire anymore if the taxes on the top 10% were to go up. guess what though, the top 10% own MANY companies, they even have the advantage of deversitizing their money, they dont own some crappy delivery company or some small pizza place, they own FORD, CHEVRON, or a financial institution. even if the owner makes a million a year, they would still be below the top 10% of "earners". these people make their money off of other peoples money, they buy and sell companies like people buy games. in fact they do this so much they dont even have to pay the amount most people think, they pay taxes as capital gains and that rate is at 15%. i dont get why people scream about the high taxes they think they pay when in fact they have been using this loophole for years. on top of that more than half of the time they claim that their company didnt make a dime and that leaves them owing no

Squrlz4Sale
Male, 40-49, Eastern US
 6018 Posts
Friday, May 18, 2012 10:10:44 PM

+1 on what Gerry said (repeated below on account of its general awesomeness):

Excuse me? You consider Paris Hilton or Kim Kardashian to be "work horses"? Giving Paris a bigger tax break and she'd do what? Buy more shoes that Indonesian children made?

And those "vultures" are the working class. You can only starve them out so much. As it is, they can't afford to buy anything because wages have not kept up with inflation for 30 years. THAT is what has killed the economy. Companies saving a dime on payroll choked their own markets to death.


This video was spot on about everything. Well, maybe not the part about squirrels. Still thinking that one over. =^.^=

RytWing
Male, 30-39, Western US
 316 Posts
Friday, May 18, 2012 10:01:31 PM
@arcval. What happens when a billionaire expands their business? Do they just spred out the employees they already have or do they hire more people? I'm suppose to believe they only want to maintain the status quo? They are, in fact greedy. Expanding business=jobs= more money. Your right you taught me nothing.

CrakrJak
Male, 40-49, Midwest US
 17310 Posts
Friday, May 18, 2012 9:49:10 PM
I can tell a lot of people here have never played Sim City and believe that raising taxes is the solution to all of society's problems.

Heavy taxation doesn't help, never has. Why would anyone work overtime if all that extra income will just be taken away? Why would any inventor innovate a new product if they can't reap the reward for taking the risk of inventing it? Why would any factory owner reinvest in new technology or expand their factory if the extra revenue would just be confiscated by the government? The answer is, they don't!

The top 10% of income earners pay the vast majority of the income taxes in America, quit pissing on them, telling them they are evil and don't pay enough. Blaming the rich, for your problems, won't fix a thing. Those that play that blame game, look like childish ungrateful morons and who wants a workforce made up of that?

OldOllie
Male, 60-69, Midwest US
 15091 Posts
Friday, May 18, 2012 8:51:32 PM
@uatme Do you seriously believe that employers will hire MORE people if you let them keep LESS of their money? If so, I'd really love to see how the math works for that.

Here's a little story problem you can use as a start. Joe owns a delivery company. He'd like to hire another driver, but before he can do that, he has to buy another truck for him or her to drive. Unfortunately, the money he could have used to pay for the new truck just went to pay for his new tax increase.

Now he can't afford to hire anybody...UNLESS...(please complete the story from here),

OldOllie
Male, 60-69, Midwest US
 15091 Posts
Friday, May 18, 2012 8:41:56 PM
Excuse me? You consider Paris Hilton or Kim Kardashian to be "work horses?"

And those "vultures" are the working class.


Gerry, PH and KK wouldn't be my first choices as examples, but at least they're paying their own way. Every dollar they earn was given to them willingly in exchange for something that someone, somewhere considered to be of value. (I admit that I have yet to figure out just what the hell that is, but at least they're not on the government tit.)

And I wasn't speaking of the working class as vultures. They aren't the ones being supported by leaching off of others; they're paying their own way. I was speaking of the PARASITE class -- those who expect society to provide for their every want and need while contributing little or nothing of value in exchange, e.g., OWS f***tards, community organizers, unemployed feminist historians, and generally lazy, shiftless, good-for-nuthin' lay-abouts.

uatme
Male, 18-29, Canada
 1027 Posts
Friday, May 18, 2012 6:53:37 PM
the problem is the so called job creators make more than "$178,650 to $388,350", much more. But only pay 15% tax because of capital gains and other loop holes. But ya sure cut regulations so they pay more taxes. I'm definitely for making the system simpler so we can stop depending of BS lawyers and what not.

Cajun247
Male, 18-29, Southern US
 10349 Posts
Friday, May 18, 2012 5:28:10 PM
correlation does not mean causation but you should know that if you know what a graph is.


Right thus more taxes does not necessarily mean more jobs.

33% on taxable income over $178,650 to $388,350, plus


Yes everyone pays at least 15% of their income.

so you agree with him ok.


No he's saying raise taxes, I'm saying cut regulations.

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