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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default BREAKING: Brown Wins in Mass. Race

"Eisboch" wrote in message
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"nom=de=plume" wrote in message
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"Eisboch" wrote in message
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"bpuharic" wrote in message
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On Fri, 22 Jan 2010 08:46:04 -0500, "Eisboch" wrote:





All that does is raise the overall tax bar. Eventually the taxes paid
by
all will go up
proportionally or consistent with a progressive tax structure.

Taxes for the government is like honey to bears.

and wages paid to the middle class is viewed by companies as an
unnecessary expense.


Oh, please.

Isn't that chip on your shoulder starting to get sorta heavy?

Eisboch


It's certainly hyperbole, but it's not far off the mark either. Employees
are an expense that companies would like to minimize whenever possible.

--
Nom=de=Plume




I know that is the conventional wisdom among many but I can tell you for
sure it just isn't
always true. Forget maggots like AIG and the banking industry that leach
off the toils of others.

Think about real businesses.

A key and necessary ingredient to a successful company is growth. Growth
is not possible
without the contributions of qualified and competent employees. Profit
optimization is also key and automation may replace people for some jobs,
but overall the health and future prosperity of a company is largely
dependent on it's employees and growth means more of them. Any honest
business owner knows this. For any product or service there is an ideal
$$ in revenue per employee ratio to strive for.
When that ratio is optimized, more employees create more revenues,
assuming market demand. It is good for the business and good for the
employees.

That's where the current economic geniuses in Washington have missed the
boat while they have their noses stuck in their textbook reviews of
Keynesian economics. Contrary to popular current opinion, not all
business is bad and growing businesses create jobs.

Eisboch



You're just wrong. Why do you think there was such a push for robots in car
manu? Remember those high health care costs at GM?

The optimal ratio is one person doing everything with minimal effort.

Never said "all business is bad" and neither did anyone in the current
administration, the current Congress, or any where else in the sane world.
Since the optimal ratio is nearly impossible to achieve, the next best thing
is growing businesses to create jobs, but the shareholders don't want lots
of employees. They want lots of profit, thus there is always going to be
tension between those two points.

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Nom=de=Plume