Why do Cons think giving business more money will encourage them to create more jobs in the US?
Why wouldn't they take that extra money and use it to send even more jobs overseas, where they can pay people pennies. What else but more regulations can force businesses to stay here at home? They certainly grow Sokko, just not here.
Asked By: Blue_MiDnights - 6/28/2011
Best Answer - Chosen by Asker
Corporate executives' self-awarded salaries (robberies of their company assets) are at least 286X the salaries of the workers in this country ("The Ed Show" and "The Rachel Maddow Show" of MSNBC). And then there's those self-awarded multi-million-dollar BONUSES, as well!...Remember Bank of America's Ken Lewis giving... More
Answered By: Armchair Goddess #1 - 6/28/2011
Additional Answers (10)
Because they are economically illiterate.
Answered By: Maria Juarez - 6/28/2011
Well, in order to keep them in the US, you also need to cut back on the oppressive regulations on domestic businesses and put some hobbles on the unions... More
Answered By: Johnny Sokko - 6/28/2011
Businesses will only hire as many employees as they need to handle their customer volume. At the moment we are in a liquidity trap meaning there isn't enough demand among other things. When the American people have enough money to spend then companies will start hiring.
Answered By: Travers Watson - 6/28/2011
Who said anything about GIVING businesses money? All we want is for the Federal Government to take it's foot off their throats and let them do what they do. Until then, they are not going to do anything but sit on it.
Answered By: Baroccoli - 6/28/2011
Just another Class Warfare Liberal speaking. Tax cut <> handouts, it is their MONEY.
Answered By: Samm - 6/28/2011
That is supply side theory. It is not new. Reagan did not invent it. Herbert Hoover did. Comedian Will Rogers said in 1930... More
Answered By: brucec83 - 6/28/2011
that would be incorrect. When we give companies money, or keep their taxes artificially low, they give the windfall to executives. At least that is what history shows us
Answered By: John - 6/28/2011
We don't, so why did Obama do that with the stimulus bill. And where are all those jobs?
Answered By: Pfo - 6/28/2011
Go back to the Clinton tax rates, Then make tax cuts possible based on how many jobs they bring back here. They should have to earn their tax cut, just like me. If I want to have another child, I can get a tax cut. But I won't get a tax cut because one day I might have another kid. Why businesses can get a cut without... More
Answered By: The Wee Baby Seamus - 6/28/2011
I have been asking that for a while now! Fact is, companies who get tax breaks don't have to do a d**n thing to create jobs here. As you say, they can can outsource overseas or just keep the money. There is nothing to hold companies accountable to create jobs here in exchange for the tax breaks. And I'm talking about... More
Answered By: ed e - 6/28/2011
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