I actually side with Obama on this issue!
 

Well done Mr. president, you have actually done something I think that I and most Americans agree with!

http://news.yahoo.com/s/ap/us_obama_taxes

Hmm well if he is serious and not just trying to pander, I agree with him.Thing is he is an extremely dishonest man, but we shall see.I'll give him the benefit of the doubt now and say good job Barry.

Well, da even a blind squirrel can find a nut, what to do with rest of this mess he created. Shovel ready, I got something for him to shovel.

Oh by no means am I glorifying the man, He's no Reagan if you catch my drift.

But this is an important piece to the puzzle of reclaiming the American dream.

We have no jobs, We have no industry....we make nothing! Lets contrast that to 50 years ago and compare our economic situation then and now. It doesn't take a rocket scientist to figure out that a nation who's only real export is Jobs and one of its biggest imports is foreign cheap labor to see the writing on the wall.

Next lets repeal Nafta!:woot:

SLOWLY READ the WHOLE article before you give kudos.

The bill is already stalled. Even the Dem politicos aren't going to give up all the campain contributions and bribes from all those big corporations for B.O. :haha:

Well, we will have to see how the citizens react to this.

While it is easy to proclaim that we should not encourage corporations to move their operations overseas; are the citizens ready to accept the higher prices that their services/products will cost if the corporation uses American labour?

It will still come down to profit. If a corporation can still make a profit by moving operations overseas, they will continue to do so regardless of any tax changes.

I do, however, agree with the premise that US government should never encourage, through tax laws, corporations moving business operations outside of the country.

If a company chooses to do so, that's their business decision, but the government should not encourage it.

I actually feel that companies that move operations out of our country should not only NOT get a tax break, but they should pay an EXTRA tax so that the companies are encouraged to keep operations inside this country.

But the bottom line is that many citizens want the best of both worlds. They want to keep all the business operations in the US but want to continue to enjoy the lower prices of overseas labour. Well, I am afraid you can't have both unless you are willing to cut American wages to match Indian/China/... levels.

So, just to be academically difficult: As a capitalist, should I care about this? As a capitalist, I want the mostest for the leastest. :hmmm:

In a nutshell... They want to keep their jobs but, want to shop at WalMart. :hmmm:

So is every politican.

:sign_yeah:

...except food and agriculture, autos, software, pharmaceuticals, transistors, aircraft parts, petrochemicals, computers, telecom equipment amongst other things, making us the third largest exporter in the world.

Facts and data before hysterics, please.

Don't forget heavy equipment. Caterpillar built gear is loved in China. :yeah:

Now that right there is the truth. :up:

The day we see an honest politician is the day that I become president. :rotfl2:

When they're not using Komastu, that is. They actually make up a larger percentage of heavy equipment in China than Caterpillar.

I don't see any facts in your post to backup your statement.

Keep dreamin Bama Fan. :haha:

That's your sentiment?

Mine is that he's the best thing Americans have after some time. Though may not be as great as Martin Luther King Jr he's got with him a certain feeling of integrity and honesty about himself.