patrick.net

Analyzer says

How many jobs might be created if we cut corporate and personal tax rates across the board by 50% for 2 years?

Why would they create a job here , when they can create a job in China and still ship here with no restrictions??

To start I would get rid of all subsidies, this alone would balance the budget.

I would get rid of the FED and use a market based system to control money supply. Interest rates would be come from the market.

I would put the dollar on a gold standard.

I would abolish the alphabet soup fed agencies completely.

Taxes would be a flat tax

I would start a campaign to make everyone economically literate and in order to vote they would have to pass a test to that effect.

Is this politically possible nope, but I think the last one could be accomplished. You may laugh at this but consider that Thomas Paine sold 500,000 copies of "common sense" in 1776.

From there the tyranny of a democracy could be challenged.

lostand confused says

Analyzer says

How many jobs might be created if we cut corporate and personal tax rates across the board by 50% for 2 years?

Why would they create a job here , when they can create a job in China and still ship here with no restrictions??

China has to revalue the Yuan so manufacturing jobs are going to start leaving China.

indigenous says

To start I would get rid of all subsidies, this alone would balance the budget

Source?

indigenous says

I would get rid of the FED and use a market based system to control money supply. Interest rates would be come from the market.

I would put the dollar on a gold standard.

I would abolish the alphabet soup fed agencies completely.

Taxes would be a flat tax

That would make things infinitely worse.

indigenous says

I would start a campaign to make everyone economically literate and in order to vote they would have to pass a test to that effect.

lol--you don't like being able to vote?

Here is what is obvious to me, when you put extra money in the pockets of people they are inclined to spend it. Spending and consuming have become such a large part of our culture....

lostand confused says

Analyzer says

How many jobs might be created if we cut corporate and personal tax rates across the board by 50% for 2 years?

Why would they create a job here , when they can create a job in China and still ship here with no restrictions??

Seems to work for States who are poaching California jobs...

thomaswong.1986 says

lostand confused says

Analyzer says

How many jobs might be created if we cut corporate and personal tax rates across the board by 50% for 2 years?

Why would they create a job here , when they can create a job in China and still ship here with no restrictions??

Seems to work for States who are poaching California jobs...

Many CEO's have stated it is not the cheap labor rate that is the main incentive to outsource, rather the regulations and restrictions (e.g. Steve Jobs).

Analyzer says

Many CEO's have stated it is not the cheap labor rate that is the main incentive to outsource, rather the regulations and restrictions (e.g. Steve Jobs).

Of course that's what they say. Who's going to go on camera saying that they build factories in China because of the slave labor???

tatupu70 says

Analyzer says

Many CEO's have stated it is not the cheap labor rate that is the main incentive to outsource, rather the regulations and restrictions (e.g. Steve Jobs).

Of course that's what they say. Who's going to go on camera saying that they build factories in China because of the slave labor???

Are you implying the regulations and restrictions are of minimal impact? Why did most of the high tech manufacturing that stayed within the US move to areas such as TX, OR, AZ, NM out from California?

Analyzer says

Are you implying the regulations and restrictions are of minimal impact?

Yes, that's what I'm implying. Environmental regulations do have a cost to companies, but it's an order of magnitude less than labor cost. And while CA. usually leads the country in environmental matters, it's only a matter of time before other states catch up.

Analyzer says

Why did most of the high tech manufacturing that stayed within the US move to areas such as TX, OR, AZ, NM out from California?

First, I'm not sure that's the case. But, if it were, my guess is that there is a larger pool of people willing to work for cheaper wages.

tatupu70 says

indigenous says

Well let me learn you something, one of the key skills in life is the ability to determine differences. This a basic tenet of logic. Do you see that Paris Hilton or Kim Kardashian are different from the aforementioned?

Of course. Again--that was my point. You seem to believe that all rich folks are like Gates and Bezos. The reality is that there are a LOT of them like Paris Hilton.

Do you see the point now?

Yep. Those Walton Family members are RICH. Remind me, what inventions did they patent?

tatupu70 says

Analyzer says

Are you implying the regulations and restrictions are of minimal impact?

Yes, that's what I'm implying. Environmental regulations do have a cost to companies, but it's an order of magnitude less than labor cost. And while CA. usually leads the country in environmental matters, it's only a matter of time before other states catch up.

Analyzer says

Why did most of the high tech manufacturing that stayed within the US move to areas such as TX, OR, AZ, NM out from California?

First, I'm not sure that's the case. But, if it were, my guess is that there is a larger pool of people willing to work for cheaper wages.

Intel CEO: Government Strangling High-Tech Growth:

http://www.newsmax.com/ErnestIstook/heritagefoundationsmallbusiness/2010/08/30/id/368705

Analyzer says

Intel CEO: Government Strangling High-Tech Growth:

http://www.newsmax.com/ErnestIstook/heritagefoundationsmallbusiness/2010/08/30/id/368705

tatupu70 says

Of course that's what they say. Who's going to go on camera saying that they build factories in China because of the slave labor???

Analyzer says

Intel CEO: Government Strangling High-Tech Growth:

http://www.newsmax.com/ErnestIstook/heritagefoundationsmallbusiness/2010/08/30/id/368705

These are the same people screaming about a domestic STEM talent shortage to justify importing more labor. Which of course depresses STEM compensation and boosts profits. Which boosts executive bonuses.

Same goes for said CEOs bitching about Government in the same way teens bitch about how their parent's rules are ruining their lives.