Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Thehammer who wrote (806754)	9/15/2014 4:53:37 PM
From: combjelly	1 Recommendation Recommended By bentway Read Replies (3) \| Respond to of 1585467

the reason that corporations are not hiring or investing is because of the uncertainty due to over-regulation and better investing environments over seas. Nonsense. If the middle class and below were spending like they used to, then corporations would be hiring and/or investing. But, the middle class and below are under extreme pressure due to stagnant or declining wages and net worth. Given that the US economy is more than 70% driven by consumer spending, this hurts growth. A lot. It isn't uncertainty. There always is uncertainty. The investing environment is better overseas because all of the economic growth is not being scooped up by the 1% and the rest of the population is participating in that growth. And that means they have more money spend, unlike the majority of Americans. Here though, the wealthy want to kill the goose that has been laying the golden eggs. It is what happens when sociopaths gain control.

To: Thehammer who wrote (806754)	9/15/2014 4:58:14 PM
From: Tenchusatsu	1 Recommendation Recommended By Thehammer Read Replies (1) \| Respond to of 1585467

Thehammer, As far as taxing corporations as you suggest, the reason that corporations are not hiring or investing is because of the uncertainty due to over-regulation and better investing environments over seas. That, just like any other unintended consequence, is something that Bentway and other liberals believe can be solved with more regulation. Did you see the report on the federal government hiking the tax on people who want to renounce their US citizenship? The government claims that's to cover the increased costs of handling these cases. (Funny how they don't hike the fees for coming INTO the US, despite the flood of immigrants.) Meanwhile, Congress is trying to find ways to punish those corporations who actively "dodge" taxes, claiming that these corporations are "stealing" from ordinary Americans. There isn't a law you can't pass when you lay claim to other people's property. More taxes, more regulation, all to "redistribute wealth." Might as well just call it socialism. Because despite almost a century of it failing, we need to keep trying ... Tenchusatsu