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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (31908)	8/31/2017 12:12:26 AM
From: d[-_-]b	1 Recommendation Recommended By i-node Read Replies (1) \| Respond to of 361515

Give them away, and terminate the lease on your warehouses. Solyndra?

To: Wharf Rat who wrote (31908)	8/31/2017 12:31:51 AM
From: i-node	Read Replies (2) \| Respond to of 361515

If a product fails, it fails. You create another. But the productivity still happened even though you never sold a one. The jobs were created as a result of the original innovation. I didn't try to make the argument that it is the desirable way to do business. Only that innovation creates productivity, jobs, and economic growth. It starts the ball rolling, but if the product fails it does. The presumption is that across the entire economy there will be enough successful innovation that it has a favorable impact. In the instant case, if you reduce the corporate tax rate to 15% you'll likely have a trillion dollars in repatriated earnings which will be used by companies in innovating, or by distributing that money as dividends to shareholders who will then invest in other innovative businesses which will result in more innovation and some of that will becoming great products which put more people to work. That's why corporate tax cuts are good. And in fact, eliminating the corporate income tax altogether would be even better. The revenue is $350B or so a year, We can earn that back easily. You guys are always about "investing" in government but government doesn't innovate, doesn't create value. Private enterprise does that. The more you spend on government the bigger the waste. Government takes a vigorish and it is nearly impossible to overcome that cost and come out with productivity and growth (it is like winning in horse racing; it can be done but you have to be really good to overcome the vig.)