Do you consider yourself more left or right wing?

[zorg1000]

Chrkeller said:

sc94597 said:

If there are opportunities for reducing costs without affecting revenue and further maximizing profits, why aren't they already pursuing them independent of a prospective tax change? 

At the margins the incentive is the same whether there is a tax increase or not. 

If a company has 5% YoY growth and potentially can reduce costs to get 7% YoY growth they're going to aim to do that just the same as if they get 2% YoY growth and want 4%. 

They have and are.  A major company will replace workers the second they can.  A tax increase will accelerate their plans.  

Bringing MFG back will raise the costs of good, but IMO, is the answer.  More jobs = more competition = higher salaries = better lifestyle

Which is why I really hope the $1,000,000,000,000 planned investments by Apple, Nvidia, etc come to reality.  The best fix for our system is more jobs in the US. 

This is also why I am not anti tariffs, but on the fence.  Time will tell if jobs come back.  

And before somebody does the whole "false promises" crap (not directed you, you are good guy) that is nonsense.  False investment promises of publicly traded companies is a security and exchange commission violation, a fricking massive one.  

I don’t think the “false promises” crap is as unimaginable as you make it out to be, remember Foxconn during Trump’s first term?

The plan was a $10 billion investment to build an LCD screen manufacturing plant and create 13,000 jobs.

A few years later, the project was scaled back to a $672.8 million investment with a goal of creating 1454 jobs.

It ended up being less than 7% of the original investment with about 11% of the expected jobs created.

The SEC did not take any action against Foxconn for this.