The presenter tries his best to stay neutral, its an interesting documentary worth a watch. I didn't know the Chinese have expanded so far out until I saw this to be honest.
"In theory, a payroll tax cut could please both antitax Republicans and Democrats worried that the lower and middle classes are being squeezed by the recession. But the idea may have a rocky road in Congress, especially if lawmakers are looking to use it as part of a compromise to raise the debt...
Yawn Shirking the main points as usual
Answer this
1. Who is going to make up the shortfall in reduction of payroll tax considering the US government is already in deficit (you know what deficit is yes?)
2. After reduction of taxes of all sorts can the average salary of a US worker...
I agree I should have used newer statistics apologies on that, I'm just using simple economic data to counter Jeypore's post which mentions that by cutting payroll tax manufacturing jobs will go back to the US which we know is not the case. So long as the nett wages of any country outside of the...
Fair enough and thanks for pointing that out. But it still supports the context of my previous post. Though I should have used the assembling plant of another products. Noted on that.
Not sure whats so funny, its happen before so don't see why can't it happen again, the workers are non unionized and the machinery belongs to China. I read about such stories below and these are one of the many.
Losers and Winners
So you are suggesting elimination of payroll tax to encourage manufacturing jobs to come back to the US.
Payroll Tax makes up about 36% of federal government revenue (bearing in mind the US is already in deficit), so how are they going to make up for the shortfall in Federal Revenue if the...
Wow that took you a week to just to think of an insult? Doesn't have quite the same ring to it as Dipstick but I give you some brownie point for creativity. Here you go :azn:
Read my original points it was about the retailers dictating the manufacturing orders, sure American spending...
Current Debt Situation Is Like Sub-Prime Crisis: Pro
Monetary policy has been "the great enabler" that central banks used to keep interest rates at "absurdly low levels for years now" and this has encouraged politicians to believe that sovereign debt is "a lot cheaper than it really is," David...
Aussie4ever makes sense, if you start a petition solely asking only for Indians to support you are inadvertently segregating yourselves from Australians in general which might backfire with Aussies of other races. Its an all or nothing deal.
Some of the plans are ridiculous, seems to pay to get into greece and live off the pensions. Not sure if Germans are happy to bail them out again though unless some serious cuts are made which the Greece citizens are up in arms about...
No sympathy for the Pentagon, at the end of the day if they wanted things to go smoothly they should just order it from the authorized manufacturers, building a billion dollar machine and then replacing parts of it with questionable parts is just begging for trouble. Would anyone buy a Ferrari...