Economy
See other Economy Articles
Title: Proving the GOP conservatives are suckers: The Rich are really job destroyers not "job creators". As the rich got richer, they eliminated jobs.
Source:
msnbc.msn.com
URL Source: http://maddowblog.msnbc.msn.com/_ne ... 927178-the-koch-brothers-graph
Published: Sep 23, 2011
Author: Will Femia
Post Date: 2011-09-26 11:43:41 by Godwinson
Keywords: None
Views: 86679
Comments: 129
The chart above showing the relationship between the Koch brothers' net worth and the number of people they employ. And so we see that the net wealth of the Koch brothers has grown, but that wealth has not trickled down in the form of job creation at their company. In fact, the Koch brothers have been JOB DELETERS in favor of padding their bank accounts. I bet if I found the data it would show salaries of their remaining employees have also been reduced. The ExxonMobil chart above also shows the lack of correlation between rising income and "job creation". How long will you GOP/conservative/libertarian suckers keep arguing that the rich should be left alone because they are "job creators"? 
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
Begin Trace Mode for Comment # 67.
#1. To: Godwinson (#0)
How do you propose "correcting" this? Don't you think people should work for what they earn?
First, you right wing suckers need to stop being liars and claim that less (or zero) taxes on the rich or allowing the rich (persons or corporations) to do what they want will "create jobs". That is a lie. Because you lie and call the rich "job creators" means you know that your ideology is a scam and you need to use Orwellian words to lie to the people. Be honest. Secondly, if I could correct it I would follow the thesis outlined in this post: The Rich lied to America. We want our jobs and money back. Lastly, the notion that the "rich" did it all on their own and should keep all their rewards is a fiction because they are not islands. If a man opens up a lemonade stand on the street and makes money off of that he did so on streets the community paid to create, to police, to keep clean and to allow an atmosphere that will allow such an enterprise to take place and be successful. Let the lemonade entrepreneur reap his reward, but he owes society a compensation for creating the conditions for his wealth to accumulate.
The rich do create jobs. People with less means like me can create jobs too. I've created my own job and a job for a few others. I don't think the rich are the only job creators. I didn't read your link. It sounds to long to focus on right now. Why shouldn't the rich or anyone else be able to do "what they want" assuming they aren't going to kill someone or harm someone. Does this mean you think that only the poor should be allowed to do what they want and say "have an abortion"?
I posted it just so you can read it without linking: The Rich lied to America. We want our jobs and money back. Back in the 90s the free-trade/globalization movement that had begun in earnest a decade earlier took full shape. At the time we had a Democratic President in Clinton who along with some Democrats from his party and most Republicans passed NAFTA and a host of other free trade / open border globalization economic policies. The American people were told that if they supported globalization even if it led to outsourcing, the next phase in the economy would be one long boom because manufacturing was a dead end and part of the old economy. The new jobs would be the service industry in an office and or maybe people would get to work from home, etc. Enough people bought into this economic ideology that in the 1990s the switch over began in earnest (long planned but carried out under Clinton). Now we have had 20 years of this economic philosophy and the experiment has failed for most Americans. The American people have every right to ask for their money back from the he top 1% to 2% of the population that lied to them about the benefits of this new economy. If a new model automobile performed as poorly as the globalized economy did it would have been recalled already. Why are you still carrying water for the top 1% to 2% who got there because the vast majority made their money from outsourcing production and selling it back to the American people at no discount? The vast difference in low production cost versus the sales price to Americans was pocketed by the top 1%. That is how the wealth transfer worked in earnest. Do you see much a difference in the retail cost of a product made overseas compared to the cost of a MADE IN THE USA brand (if you can still find such a thing)? These obscene profits resulting from the difference in low production costs came at the expense of an American manufacturing job with a decent wage. Americans were willing to see their manufacturing base be reduced if it meant cost savings in retail outlets (it did not) and if new jobs paying comparable manufacturing sector wages appeared in service sectors to replace lost these outsourced manufacturing jobs (also did not happen). The reality is we lost jobs, many to never return and wages earned have shrunk for the Middle Class while the work load has increased. As I see it, at this point freedom of action to correct the failed globalized American economy is limited to two avenues for the American people. One is to undo all those free trade treaties signed in the last 20 years. It can be done but it would be difficult and lead to possible trade wars. In the short term it would be devastating to the economy if that was the case. A more readily available solution is to take back the wealth from the top 2% of the population that made their fortunes in the last 2 decades in large part due to outsourcing and return (not transfer but RETURN) that money back to the rest of the population in the forms of government services like universal health care and investment in the nation's future (NASA, infrastructure, education). The promises made by the top 2% via politicians and experts failed to materialize as promised. It is only fair that the rest of the 98% of the population who suffered from this failure are compensated back. Standing in our way are most Republicans and some Democrats (that seems to be the ratio) who still carry water for the oligarchs that stole our fortunes away. How long will this go on before we correct their error?
I was with Pat Buchanan and Ross Perot on that issue.
It doesn't matter. You are a Koch sucker these days.
Nah. I still support repealing NAFTA, GATT and all those globalist bullshit laws.
But you are for allowing the wealthy to keep all their profits from that era? You sucker.
How would you come up with a way to take their profits back? That is a dumb idea. You can't just take something away from someone because you covet what they have. Go get a job.
Stone claims he was against NAFTA and GATT yet won't do anything about taxing the wealth those destructive trade laws created. I would take profits back via the constitutional tax code and the power of the IRS. NAFTA/GATT was supposed to lower prices and create more jobs. It did nothing of the sort. Since the USA can't eliminate the the trade agreement without a trade war (especially since Americans pushed for these agreements) then the American people can correct the problem by taxing back the wealth earned by such agreements.
lol. So you actually want NAFTA to continue. Poser.
I know you are a moron, I said why I think realistically NAFTA can't be overturned. It is like getting a tattoo - yea it can be removed but its painfully difficult to do so and would cost a trade war. Taxing the NAFTA profits, past and present would correct the imbalance. We had 20 years of this economic ideology - 30+ if you add in Reaganomics and it has failed. Low taxes does not fix anything. Rich people / corporations getting richer did not lead to more permanent jobs nor increases in salaries. It is an ideological failure.
It is not like getting a tattoo. Congress votes to change the law all the time.
Agreements are not simple laws, they are very hard to change.
Agreements are not simple laws, they are very hard to change. There is also the blow back that canceling a trade agreement would create - especially since it was the Americans who crammed it down other nation's throats to begin with.
The blow back would be the jobs coming back. We need to repeal NAFTA and replace it with tariffs on foreign goods. The tariff should make foreign goods more expensive then American goods by about 10 percent. If they pay their workers a dollar a day. The tariff should be enough to take that into account plus 10 percent. You don't like Americans having jobs. You are already on record want America to crash and burn.
Too bad Rush wasn't for that in the least. He lost about half his radio listenership during his pro NAFTA era, but they too evidently have short memory spans.
I agree with you. Rush would have been a good ally back then and maybe it could have been defeated. I listen to Rush. He is entertaining. He digs up good dirt on the democrats. I pretty much stopped listening to him during the Bush years. He was to much of a cheerleader for Bush and his illegal war. So I kind of like Rush on some issues and strongly disagree with him on some others. Like I said he is still fun to listen to though. Lately though I have just had my sandisk filled with lots of hard rock on random play hooked up to my Dewalt radio. No commercials just good rock n roll music.
There are no replies to Comment # 67. End Trace Mode for Comment # 67.
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#2. To: A K A Stone (#1)
(Edited)
#3. To: Godwinson (#2)
First, you right wing suckers need to stop being liars and claim that taxes on the rich or allowing the rich (persons or corporations) to do what they want will "create jobs". That is a lie. Because you lie and call the rich "job creators" means you know that your ideology is a scam and you need to use Orwellian words to lie to the people.
#5. To: A K A Stone (#3)
I didn't read your link. It sounds to long to focus on right now.
#6. To: Godwinson (#5)
Back in the 90s the free-trade/globalization movement that had begun in earnest a decade earlier took full shape. At the time we had a Democratic President in Clinton who along with some Democrats from his party and most Republicans passed NAFTA and a host of other free trade / open border globalization economic policies.
#7. To: A K A Stone (#6)
I was with Pat Buchanan and Ross Perot on that issue.
#8. To: Godwinson (#7)
#9. To: A K A Stone (#8)
Nah. I still support repealing NAFTA, GATT and all those globalist bullshit laws.
#11. To: Godwinson (#9)
But you are for allowing the wealthy to keep all their profits from that era? You sucker.
#37. To: A K A Stone, Skip Intro, mininggold, lucysmom (#11)
How would you come up with a way to take their profits back? That is a dumb idea. You can't just take something away from someone because you covet what they have. Go get a job.
#38. To: Godwinson (#37)
#42. To: A K A Stone, Skip Intro, mininggold, lucysmom (#38)
lol. So you actually want NAFTA to continue. Poser.
#45. To: Godwinson (#42)
I said why I think realistically NAFTA can't be overturned. It is like getting a tattoo
#48. To: A K A Stone (#45)
It is not like getting a tattoo. Congress votes to change the law all the time.
#53. To: mininggold, A K A Stone (#48)
It is not like getting a tattoo. Congress votes to change the law all the time.
#58. To: Godwinson (#53)
There is also the blow back
#65. To: A K A Stone (#58)
The blow back would be the jobs coming back. We need to repeal NAFTA and replace it with tariffs on foreign goods. The tariff should make foreign goods more expensive then American goods by about 10 percent. If they pay their workers a dollar a day. The tariff should be enough to take that into account plus 10 percent.
#67. To: mininggold (#65)
Too bad Rush wasn't for that in the least. He lost about half his radio listenership during his pro NAFTA era, but they too evidently have short memory spans.
Replies to Comment # 67.
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]