spleeknuckle said:
Everybody needs to settle down. Romney didn't even win the state of Massachusets in which he was governor. He also lost EVERY STATE that he owns a home in. That in and of itself should be enough reason to believe that he shouldn't have won. Not to mention losing both the electoral and popular vote. I try not to rant too much but ignorant ideas simply piss me off.
Here's the deal Obama is NOT a socialist, Romney is NOT an elitest. (looking at you Coca-Cola). Moderate regulations on wall street, the insurance industry, and big business does not indicate socialism, marxism, comunism or any other ism there is. They are needed to prevent big wigs corrupting the system and screwing the American worker out of a job. Romney and Obama both want what is best for our country and both just happen to have different ideas on how to get there.
I agree that Romney may have been misunderstood, that said, his economic plan is to keep and enhance the bush tax cuts so that the decision makers (see: rich people) will start businesses, and hire workers (see: trickle down economics). Makes sense....except that with lack of regulation and a biased tax/trade system, those decision makers would be wise to start their businesses overseas and hire cheap foreign labor effectively choking out middle class america, leaving only rich and poor. One of Romney's major business =endeavors was Bain Capital....Bain Capital essentially "flipped" businesses like some people flip houses....however, they would buy American businesses, nurture them until profitable and sell them to the Chinese. Imagine if you could do that for homes. Buy a cheap beat up house, fix it up and ship it to China for one of their families to live in. Doesn't make a whole lot of sense.
Obama's plan is to tax the rich people more to pay for education, road construction projects, transit, and infastructure to be done here in America. As well as regulate what wall street can and cannot do to an extent (which is why wall street hit the shitter the next day). I happen to agree with this plan and here is why. first of all, what got us out of the great depression (aside from WWII)? Government programs that hired American workers to build schools/roads/infastructure etc. That means not only are the American middle class saving money on taxes (or breaking even at least), they are now being put to work to make our land a better place to be. Being put to work means making more money, making more money means a stronger middle class, a strong middle class is the core and essence of the United States. Our children are being more well educated meaning that in 20 years time we will have more qualified scientists, mathmeticians, doctors, etc....setting us up nicely for the long term. On top of that, He wants to remove tax incentives for companies that ship jobs overseas and give tax breaks to companies that build and hire and operate here at home.
Apple, Steve Jobs namely, said it would be impossible for his company to build a factory here in the States due to the tax system. I think we need to change that. Biggest company in the world can't afford to produce their goods in their home country?! That's kind of jacked if you aske me.
/end rant
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Apple not building its components in the US has little to do with the tax system. Tim Cook, the current CEO said as much
It however has a lot to do with the availability of a skilled cheap working force that can be managed almost like slaves... ( he didn't mention the slave part, he mentionned the skilled workers).
Typically each time Apple is about to release a new product, the number of workers in FoxConn working on Apple components is increased by a lot on a temporary basis. Lets be clear, the majority of Apple components are made in Shenzen, China where around 400 000 workers, live, eat sleep, most within the company compound...
There is no such amount of skilled electronics employees in the US and even if there were, seeing how even the Chinese sometime strike or complain about their working conditions, you can see how it would go in the US....
As for a profit point of view, Apple could actually make all its products in the US ( provided they could get the workers) and still make a decent profit on their sales, this is due to the outrageous margins they currently make.. A typical product like an Ipad cost half of what it sells for to make..
In the end even if we had the workers, due to the wages differences, companies like Apple would keep on producing their products abroad, it's cheaper and generate more profits and in a free market that is the sole goal of such companies...
To be fair Apple is not the only company like this, pretty much every electronics company follows the same model. The same factory in China assembles Xbox, PS3 and LCD TV...
But claiming the US tax system is what is the issue is as far from reality can be...
Lets not forget Apple made 41.7 Billion profits after tax in its last fiscal year...