<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by poopsicle:
Ed,
I ain't too sure about that. Many business owners I know have imploded due to economy of scale. With too few employees; employers can no longer afford to cover all employees. With too few work orders in the market; projects go to those who bid the lowest. With a small tax break that restricted federal funds flowing to municipalities; many jobs industry could count have dried up. With the escalating price of natural resources, thank you so much for the steel tariff you shit for brains, raw materials and even scrap are un-inventoriable. With petrol going up; that 3500lb tax break for that flat bed only paid for 5 additional jobs, but there ain't no fvcking jobs... what’s the fvcking good?
Now Mr business owner can no longer afford to keep the doors open, so he lays off his employees, cancels his contracts with advertising, the soda pop vendor, the out sourced lawn maintenance, the Culligan man, takes his attorney off retainer and trys to find a job knowing that his entrepreneurial spirit and Master's is worth something, but no, its worth less than student loans he deferred because of economic hardship when he took out the second loan on his house trying to save the business he loved.
One night while surfing for jobs, he sees an add for Bush: Helping the Working Man. He is now out a computer because he picked it up over his head and helped the force of gravity as he flung it to the floor, crashing, waking up his wife who slipped coming from the bedroom and now needs an Xray because she broke her leg, but she only works part time without benefits and he no longer has any coverage so they are now another $5k in debt and are about to be foreclosed on while all Bush can talk about is the tax cut that didn't even give him enough money in pocket to pay for the natural gas to heat his house that winter.
Thank you, you fvcking extra ordinarily intelligent president. <HR></BLOCKQUOTE>
no question that the past 3 years have been trying economic times. many businesses have had it tough and some have gone out of business. let me ask you something...do you think increasing taxes will help or make it worse?
i am in banking and know many business owners. i see their financial statements and know how much their costs are and how much salary they take out. if you raise the tax rate to "tax the wealthy and not the working man" here is the situation and the choice the business owner eventually must make:
- well, now i am faced with a dilema because my net profit and/or personal salary is being reduced due to the tax increase...do i bite the bullet and make less money, keeping all my employees at the same wage or...do i increase my base salary so i make the same amount of money personally (after taxes) and cut my employees wages or fire the least productive guy (which means that the employees who remain have to work harder but hey, this is a tough economy...what are they gonna do? quit? not likely).
which do you think the business owner will do? i guarantee you he will look to take care of himself. that is the problem with increasing taxes and it never ceases to amaze me that the liberals can't see this.
also, the reason for the increases in steel prices is primarily due to the increased consumption of steel by china. increased steel consumption in china is due to all the manufacturing that has gone over to china because american labor unions have priced their workers out of a job by demanding too much money. you can blame bush if you want but, it don't take a masters degree to figure out that businesses are moving to china because they have a choice:
stay in america and pay a "skilled" laborer $20/hour or move the manufacturing to china, pay two "unskilled" workers $2/hour and pay $10 to ship the product back to the u.s. which would they choose?
every man will act in his own best interest. the conservatives understand this and attempt to work with this fact. the liberals try to change this...the result is socialism and, at the worst, communism. those are not good alternatives in my view.