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Non-Tech : Kirk's Market Thoughts
COHR 159.34+18.3%Nov 6 3:59 PM EST

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the traveler
toccodolce
To: zzpat who wrote (5311)12/16/2017 3:27:40 PM
From: Kirk ©2 Recommendations  Read Replies (2) of 26434
 
My goodness... You forgot to say "OK, you were right and I was wrong about that."

Instead more nonsense showing a party line load of crap rather than understanding of what really happens from first hand experience with it.
When Reagan cut taxes in the 80s did those jobs come back to the US? When Bush cut taxes over and over did the jobs come back?
Did either of those TAX CUTS lower taxes for corporations?

Not the one I worked for.

You guys keep blaming BUSH but OBAMA was the one who made the tax cuts for the working stiffs like me permanent.

Say it after me "Rather then letting them expire, President Obama made President Bush's tax cuts PERMANENT."

Notice when Obama wanted to STIMULATE growth, he cut taxes on the workers and made permanent the Bush tax cuts FOR THE WORKERS and actually improved on them some. He had the right idea.

You'll get no argument from me that we spend too much on making war. See if you can find my comment that I'd like to see that spending cut n half.

Obama's mistake was exempting unions, having a threshold for when you have to give full health care to employees and having hard limits on ACA for subsidies. Cost of a car wash near me more than doubled due mostly to ACA and some min wage gains. I wash my car much more myself now.... But making sausage for him was just as difficult as it is for the GOP on their flawed tax bill.

Anyway, what you seemed to have missed is I said I was TRAINING smart people from top US engineering schools to do great jobs.... before I had to start training experienced engineers from Singapore to do the same R&D jobs. Those workers in Singapore, once trained by us, usually left to start their own companies or work at local companies for even more money.

Keeping the jobs in the US also keeps the IP in the US. To recover from that will take a generation or two... but the clueless will want immediate results.

Also, 21% is still good incentive to move more of jobs offshore as some countries demand local content. Zero or maybe 5% would have been far better.
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