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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
01-18-2018, 12:44 PM
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#1
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Registered User
Join Date: Jul 2008
Posts: 20,443
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Quote:
Originally Posted by Nebe
It’s one of the few thing she I have seen our government do in recent times that I agree with. I’m sure those $2500 bonuses will just go into the stock market or pay off some sort of personal debts. Saying it will be returned back to the “economy” is a stretch. Just let the economy do it’s own thing and it will....
Posted from my iPhone/Mobile device
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If they pay off debt with all of it (I'm impressed you know that's what they'll do), that's more $$ that the lenders can lend to others, which greases the wheels of the economy. Unless they burn it Nebe, it circulates back into the economy. |
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01-18-2018, 12:50 PM
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#2
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,501
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Quote:
Originally Posted by Jim in CT
If they pay off debt with all of it (I'm impressed you know that's what they'll do), that's more $$ that the lenders can lend to others, which greases the wheels of the economy. Unless they burn it Nebe, it circulates back into the economy.
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It's restricted stock...not paying off anything short-term. The overseas cash isn't coming back soon, they're just paying the taxes on it. As for the 20k jobs, that's a projection as to what the spending could possibly create through the entire supply chain not all Apple hires.
Good that they're investing for sure but all these press releases need to be taken with a grain of salt. Wal-Mart's bonus plan turns out impacts hardly anyone and a lot of these increases were already planned.
Posted from my iPhone/Mobile device |
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01-18-2018, 01:08 PM
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#3
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Registered User
Join Date: Jul 2008
Posts: 20,443
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Quote:
Originally Posted by spence
It's restricted stock...not paying off anything short-term. The overseas cash isn't coming back soon, they're just paying the taxes on it. As for the 20k jobs, that's a projection as to what the spending could possibly create through the entire supply chain not all Apple hires.
Good that they're investing for sure but all these press releases need to be taken with a grain of salt. Wal-Mart's bonus plan turns out impacts hardly anyone and a lot of these increases were already planned.
Posted from my iPhone/Mobile device
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"The overseas cash isn't coming back soon, they're just paying the taxes on it" 38 billion the feds will have, that they don't have now. That could fund at least 3 teacher pensions!
"Wal-Mart's bonus plan turns out impacts hardly anyone"
The minimum wage hike to $11/hr impacts a lot. Funny you chose to leave that out. |
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01-18-2018, 01:13 PM
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#4
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,501
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Quote:
Originally Posted by Jim in CT
The minimum wage hike to $11/hr impacts a lot. Funny you chose to leave that out.
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It's a dollar more. The Obama recovery has made it harder to fill low paying jobs...was going to happen regardless Jim.
Posted from my iPhone/Mobile device |
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01-18-2018, 01:39 PM
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#5
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by spence
The Obama recovery
Posted from my iPhone/Mobile device
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aka...weakest recovery ever  |
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01-18-2018, 02:12 PM
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#6
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Registered User
Join Date: Jul 2008
Posts: 20,443
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Quote:
Originally Posted by scottw
aka...weakest recovery ever |
You don't think that's what he meant? |
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01-18-2018, 01:50 PM
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#7
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Registered User
Join Date: Jul 2008
Posts: 20,443
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Quote:
Originally Posted by spence
It's a dollar more. The Obama recovery has made it harder to fill low paying jobs...was going to happen regardless Jim.
Posted from my iPhone/Mobile device
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"It's a dollar more."
Which is $2,000 more per year. In addition, thanks to tax reform, many will keep a higher % of their new higher income.
What did Obama do for these people, that helped more?
And if Obama gets credit for the economic improvements he oversaw, does that mean you give Trump credit for what has happened since January 2017? Otherwise, you would appear to be a hypocrite. |
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01-18-2018, 02:15 PM
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#8
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Super Moderator
Join Date: Sep 2003
Location: Georgetown MA
Posts: 18,225
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Quote:
Originally Posted by spence
It's a dollar more. The Obama recovery has made it harder to fill low paying jobs...was going to happen regardless Jim.
Posted from my iPhone/Mobile device
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Are you saying that because less people were available to fill the low paying jobs, the natural progression was that the wages would increase for those same low paying jobs.
I thought this theory was dis-proved in another thread. 
Posted from my iPhone/Mobile device
Last edited by The Dad Fisherman; 01-18-2018 at 02:40 PM..
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"If you're arguing with an idiot, make sure he isn't doing the same thing."
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01-18-2018, 02:49 PM
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#9
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Registered User
Join Date: Jul 2008
Posts: 20,443
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Quote:
Originally Posted by The Dad Fisherman
Are you saying that because less people were available to fill the low paying jobs, the natural progression was that the wages would increase for those same low paying jobs.
I thought this theory was dis-proved in another thread.
Posted from my iPhone/Mobile device |
That's right. His beliefs in the validity of supply and demand, depends on whose ox is getting gored. That was well played. |
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01-18-2018, 03:33 PM
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#10
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,501
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Quote:
Originally Posted by The Dad Fisherman
Are you saying that because less people were available to fill the low paying jobs, the natural progression was that the wages would increase for those same low paying jobs.
I thought this theory was dis-proved in another thread.
Posted from my iPhone/Mobile device |
No, it more a bigger shift overcoming long term wage suppression.
Posted from my iPhone/Mobile device |
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01-18-2018, 03:52 PM
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#11
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Super Moderator
Join Date: Sep 2003
Location: Georgetown MA
Posts: 18,225
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"If you're arguing with an idiot, make sure he isn't doing the same thing."
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