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Non-Tech : Kirk's Market Thoughts
COHR 175.05-1.9%Dec 16 3:59 PM EST
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Ken Adams
To: Gottfried who wrote (1277)5/19/2014 8:07:14 PM
From: Kirk ©1 Recommendation   of 26780
 
That is completely wrong

Jerome, you're right. its product demand that determines most hiring decisions
Not all decisions. Demand says hire someone and tax rates determine where they will be hired. IT IS THE WHERE THAT MATTERS!!!

For the last 35 years, that usually means hiring people outside the US to build things for the rich (and poor who shop at Walmart) inside the US.
and trickle down does not work.
Sure it does. All the jobs created by the rich buying iPads and iPads trickled down into Asia. Millions came out of poverty in Asia supplying goods for the US markets purchased by those with loads of cash for "luxury goods" from large screen HDTVs to iPads and iPhones.

Also, if lowering taxes doesn't work, then why did Obama make the Bush tax cuts for regular workers permanent AND why did he cut the payroll taxes 2% if not for what he said, to stimulate economic growth and help create jobs?
Also, trying to change others' mind on this is futile, no matter how smart they are
Indeed but.... Sometimes I hope I can convince a few smart people like you how wrong you are but I won't hold my breath. -g-
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