tokilamockingbrd said:
Locknuts said:
What's wrong with tax cuts for corporations? I don't understand this narrative. |
leftist don't understand economics. They think you can have free trade and heavily tax corporation and expect them to stay here and provide US jobs. Socialist like Bernie do not like to see any taxes go down. That is less money they can steal to buy votes.
If you want socialism to work you need a closed society.
If you want want capitalism to work (on a global scale) you need to implent controls to level the differing economies.
Completely free trade will never work for the richer countries (long term) until economic conditions WW have parity. The globalist have tried to achieve this by gutting the US manufactoring base through trade deals and obscene amounts of red tape. They have brainwashed their minions that no one wants these jobs and they will never come back. People like you have seen in this thread buy into this.
Leftist go nuts over the idea that a simple tax break of 7 mil over 10 years throws their theory on it's it. They are going to go ballistic when regulations are reduced, taxes cut, and local governments offer further incentives. The US economy has been retarded by bad policy. I believe it is going make up for lost time.
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You are equally naive in economics.
Maximizing profits and maintain individual wealth is the highest maxim of capitalism. Why should an employer have to pay $10-$20/hour if there's other people willing to do the same job for $2/hour?
What you are describing are basically (gasp!) socialist controls.
America and manufacturing has never been that great any way, it's an overblown concept. Yes in the 40s/50s was nice, but this is like Nintendo in the 80s ... they had no one to compete against but shitty little Sega and had full monopoly over all third party developers. Once they had to compete against Sony and Microsoft and didn't have full control over third parties, we saw what happened. Who was the US' competetion in the past? UK was devastated after WW2 and say their imperialist empire crumble. Ditto for France. Germany was divided in two and Japan was gutted by WW2 as well. China and Russia were under communist rule. Once the US had to compete against Japan and West Germany (eventually unified Germany) they showed themselves to be nothing all that great, and then came China and the collapse of the USSR meant Russia could also compete too.
Even in the 80s/early 90s, I remember the saying was don't ever buy American stuff. If you want quality you buy Japanese. And if you got money to spend, Japanese or German cars for sure.
Capitalism is not about having a gaurunteed job either ... again this is socialist thought. It's about pure unbridled market control, if you can't cut it too bad, so sad, that's competetion. Just because you are a factory worker doesn't mean you're entitled to a job if market conditions change. Nationalist captialism is also an oxymoron, investors always demand higher profit (setting some arbitrary "this is good enough" line for profit is again anti-capitalist) as such a global capitalism with access to the maximum number of consumers at the lowest production cost was never going to be stopped.
There is a thing called a stock exchange too, and stock investors don't give two shits about which company is from where. If US companies were restricted to manufacturing and selling mainly in the US, investors would invest in Chinese, Russian, and Japanese companies. Some other country would take over as the global economic/capitalist power if there was a power vacuum left worldwide like that. Globalism and capitalism go hand in hand, this is what the conspiracy nuts who make $30k-$60k a year don't understand.
