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Wall Street vs Main Street?

Discussion in 'BBS Hangout: Debate & Discussion' started by Air Langhi, Aug 4, 2011.

  1. brantonli24

    brantonli24 Member

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    Surely at some point, you'll come to a rather strange predicament for a company, where they have the option of hiring a talented foreigner or a less talented American, but choose to hire the latter purely because of more tax breaks thus opting for lower productivity but more profits. I can't remember the exact figures, but Bill Clinton had an article in Newsweek and one of its stats was that quite a lot of Americans are actually working for foreigners in the US. If you try and protect that 1 job for the American now, you could potentially be losing jobs for many more Americans in the future.
     
  2. Phillyrocket

    Phillyrocket Member

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    This just isn't that difficult of a problem to identify:

    First you have this:

    Then this:

    Which ultimately leads to this:

    There is just NO excuse. Taxes on corporations and the wealthy are obviously too damn low when you have UE at 9% yet corporate profits at an all time high and the top 1% are wealthier than they have ever been.

    The wealth has been redistributed out of the now nearly non existent middle class' hands to the wealthy and to corporations without a subsequent increase in hiring or increase in wages. It must be balanced or there will be hell to pay.

    Says it all:

    [​IMG]
    png upload
     
  3. Air Langhi

    Air Langhi Contributing Member

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    ^^

    You just need to wait for the trickle down affect.
     
  4. Rashmon

    Rashmon Member

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    "In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of."

    Confucius
     
    1 person likes this.
  5. SamFisher

    SamFisher Member

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    Companies already do this today. And have done it for 100's of years, nothing strange about it.
     

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