Quote:
Originally Posted by dcronin
Corporations are doing better than ever. The US corporate tax rate is one of the lowest in the world.
CEOs pocket millions for failing. Where's the hiring? (Actually it's starting up again, though Republicans will say the "#s are cooked.")
And by all means, please elaborate. You can't just respond to real, factual accounts of obstruction then say that obstruction hasn't had any effect.
DC
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Dude.... US Corporate rates are amongst the highest in the world.
I posted one link..but this is a general fact. You posted a link to Krugmans opinion and based on collections. Collections? Really? Well when US co's outsource because of high rates, collections fall. Raise a price, consumption drops. Is basic economics part of your understanding? Krugman is the next coming of Stalin. Please ...
This country does NOT produce enough educated workers to support American Companies. Steve Jobs told this to OBAMA's face.
We spend more now on education than ever and all we have is more teachers able to retire in their 50's, full benefits and huge pensions.
American companies outsource to be competitive (i.e. you want Wal Mart prices, it MUST be built overseas) AND because we dont have enough engineers and scientists here to support the Apples of the world.
http://dailycaller.com/2012/10/01/st...jobs-overseas/