USAir757 said:
I have no major gripes with that idea. But the middle class, as a whole, does not employ people, and that's why I think they did not get included into the tax cuts (with the exception of a couple hundred bucks).
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Simple demand-side economics, although after two decades of worshiping at the altar of supply-side economics it's not surprising we don't recognize it. If you give a large tax cut to one person you get a different effect than if you give a smaller tax cut, but with the same total overall amount cut, to ten people.
How will many of these American company's be able to compete with their international counterparts? As it is, they are struggling with the overhead of what little workforce they have left in America.
That's the idea behind the tax incentives, to address the balance between outsourcing and insourcing. Enforcing our current trade agreements and renegotiating those that have put our nation at a disadvantage would be another positive step.
Absolutely. Look at the airline industry... you can relate companies like WN/B6 to offshores, and DL/US/UA to those keeping their businesses here. And people are growing MORE (not less) accustomed to paying less for things these days.
I don't know how WN stacks up for the pilots, but their mechanics are some of the best paid in the industry and the trend for them has been toward more insourcing as other airlines outsourced their work and drove up the prices at the vendors. JetBlue is the only airline I know of actually BUILDING hangars rather than scrapping them, and compared to other airlines pays it's mechanics pretty well.
Indeed, people are getting used to paying less and part of what's driving that is that they're getting used to making less. Settling for cheap junk you have to buy more twice rather than buying a quality product once never made much sense to me. I don't care much for Wal-Mart on any level, actually haven't been in one since 1988, and so I don't shop there. I don't look down on those who do, but we need to realize that the decisions we make have long term effects and shop accordingly.
Meanwhile we're increasing wages and taxes to company's balance sheets.... it's a formula for disaster if you ask me.
The proposals I've seen from Kerry actually reduce the taxes on businesses to encourage growth.
But what about our inability to export into the global market?
We represent 3% of the world population yet consume 25% of its products and resources. We are the largest consumer market in the world, so maybe we should concentrate on meeting our own needs rather than relying on imports ourselves or exports to support our economy. The imbalance in our trade agreements with nations like China virtually insure we will never be able to compete for the emerging Chinese market, so until we address that issue we should concentrate on winning back the American consumer.
It is almost too late for our nation to begin it's change if it wants to remain competitive with the rest of the world.
You are absolutely right there, but what form should that change take? One of the few areas where the nipple-ring generation and I agree is on the WTO. Until we realize that the WTO is more about insuring corporate profits than about securing good lives for people, we are going to see a continued erosion of our ability to compete and the resultant decrease in our quality of life to third world standards.
Quite true! And I got a chuckle out of that! Although I don't think the FAA would ever allow it. And even if they did, it would put up some pretty bad press for the first airline to open up a maintenance base in Port-au-prince.
Nothing in FAR 145, which covers overhaul operations, prevents it. When you consider the standards of some of the Asian overhaul operations currently in use by many US airlines, and some of Third Party operators in this country for that matter, I don't see why Haiti would be excluded. Particularly when it would probably be "spun" as 'helping the poor Haitians help themselves'.
Yes I did. It seemed like a partisan article to me, so I took it at face value.
Actually it was from Factcheck.org, a bipartisan website that even Dick Cheney recommends, although he got the name wrong at the debates.
And after reading it, I still find it's hard to ignore the large scale economic force of the small businesses in America.
Small businesses need consumers and consumers need money.