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(Chicago Tribune) Sad Study finds that the US economy is losing its competitive edge, citing complex taxes, ineffective politics and lagging schools. Fortunately, US still strongly in first place in political theater and generating annoying reality TV stars   (chicagotribune.com) divider line 177
More: Sad, United States, Harvard University, advanced economies, Novartis, U.S. economy, Harvard Business School, interim, schools  
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1780 clicks; posted to Main » on 18 Jan 2012 at 11:47 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-01-18 09:46:30 AM
Lower taxes on job creators and teach more creationism.
 
2012-01-18 10:02:52 AM
DarnoKonrad: Lower taxes on job creators

Yep...

Asked what the U.S. government could do to improve its competitive position, respondents [Harvard Business School alums] top recommendations were to simplify the tax code, reform immigration policies and reduce the corporate tax rate.

Lower taxes, cheaper labor, and lower taxes. Way to think out of the box, Harvard Business School.
 
2012-01-18 10:22:12 AM
"first place in political theater"

please, we aint even close....


I'd love to see this in our Congress (new window)
 
2012-01-18 10:33:24 AM
oh yeah judo! (new window)
 
2012-01-18 10:39:44 AM
It's nothing that making inner city kids become janitors won't fix.
 
2012-01-18 11:11:02 AM
1. Pass laws to elevate the teaching profession (no not strip them of rights, and this is beyond pro/anti union). We need to get good teachers into all levels of education, and what we have isn't doing it.

2. Pump more funding into NSF, NASA, and other applied science programs. If we make the country a bright light in the academic world it will
a) Draw more intelligent people from around the world (See 1)
b) Make us the head of innovation once again.

Theres more, but these are the top two in my mind. As for support for my second point, consider the LHC and the cancelled American Super Conducting Super Collider. While we at present have no idea when the Higgs Boson and trans-Standard Model physics will pay off the sure bet is that it will eventually reap huge dividends. Faraday was ridiculed when he made a needle on a magnetometer move by inducing a current. It was a novelty back then, but within 100 years technology was dominated by derivatives of his discovery.

Look at history. The nation/culture that rules the world is also the most technologically advanced, and it is not just a random correlation. Greeks and mathematics, Romans and civic engineering, Colonial England and steam, United States, and well pretty much every technology for the last 100 years. But no longer.

/End rant
 
2012-01-18 11:32:41 AM
Missouri governor wants to cut higher education funding 12% to avoid raising taxes. Even the state Republicans are balking at that.
 
2012-01-18 11:47:24 AM
stop being farktards and raise taxes to fund shiat...

/or we can cut defense spending
 
2012-01-18 11:51:55 AM
Repeal all environmental regulations and disband the EPA. The 1980s philosophy of save the whales, no nukes, and clean water destroyed the American manufacturing sector. Being green isn't all that fun when you are living hand to mouth. Drop these stupid global warming initiatives and the like, and bring jobs back to our country.
 
2012-01-18 11:53:25 AM
"Asked what the U.S. government could do to improve its competitive position, respondents top recommendations were to simplify the tax code, reform immigration policies and reduce the corporate tax rate."


My evil plan is working.
 
2012-01-18 11:53:38 AM
A Fark Handle: stop being farktards and raise taxes to fund shiat...

/or we can cut defense spending


Or *gasp* social security. Old people love to talk about personal responsibility except when it comes to the most socialist program in America.
 
2012-01-18 11:54:52 AM
Mentat: Missouri governor wants to cut higher education funding 12% to avoid raising taxes. Even the state Republicans are balking at that.

Are they? It seems more like "OHHHH WOE IS US! THE GOVERNOR IS MAKING US VOTE FOR THIS TERRIBLE CUTheh heh heh heh heh hehWON'T SOMEONE THINK OF THE CHILDREN?Yes, make the check out to Senator Suchandsuch.
 
2012-01-18 11:54:54 AM
spentmiles: Repeal all environmental regulations and disband the EPA. The 1980s philosophy of save the whales, no nukes, and clean water destroyed the American manufacturing sector. Being green isn't all that fun when you are living hand to mouth. Drop these stupid global warming initiatives and the like, and bring jobs back to our country.

Stupid American people wanting clean water.
 
2012-01-18 11:55:02 AM
1. Pass laws to elevate the teaching profession (no not strip them of rights, and this is beyond pro/anti union). We need to get good teachers into all levels of education, and what we have isn't doing it.


Instead we're going to cut the budgets drastically, force the districts all into state receivership and push every single professional scientist who joined the education profession over the last 10 years right back out again....


/want to know how I know?
 
2012-01-18 11:55:35 AM
Anybody who hasn't watched "Idiocracy" should, and appreciate its prescience.
 
2012-01-18 11:55:44 AM
You know why the tax code is complex? Rich people and corporations demand deductions for inane things.

Tax brackets (of which there are six) are monumentally simple. The bazillions of deductions are not.
 
2012-01-18 11:56:34 AM
Salacious Salad: Or *gasp* social security.

No. Social Security benefits, which are a lot more than just retirement benefits, are indefensibly pathetic.
 
2012-01-18 11:58:40 AM
That's funny because I've been trying to promote a reality show of my own.

It's like a game of Monopoly. The contestants are busy learning the rules in the early weeks. By the end of the season they realize that the banker is able to print up money when ever he wants to get his way and there is no way anyone else can win.

That when the real reality sets in!
 
2012-01-18 11:59:28 AM
OMG!!!

MOAR TAX CUTS!!
 
2012-01-18 12:00:14 PM
spentmiles: Repeal all environmental regulations and disband the EPA. The 1980s philosophy of save the whales, no nukes, and clean water destroyed the American manufacturing sector. Being green isn't all that fun when you are living hand to mouth. Drop these stupid global warming initiatives and the like, and bring jobs back to our country.

Ok. You just went red. I don't know if you're a troll or just stupid. Maybe both.
 
2012-01-18 12:00:27 PM
spentmiles: Repeal all environmental regulations and disband the EPA. The 1980s philosophy of save the whales, no nukes, and clean water destroyed the American manufacturing sector. Being green isn't all that fun when you are living hand to mouth. Drop these stupid global warming initiatives and the like, and bring jobs back to our country.

9/10

"Clean Water" gave you away.
 
2012-01-18 12:01:06 PM
Facts haven't stopped bad policies before, they won't do it now.
 
2012-01-18 12:01:19 PM
Unfortunately there is a growing trend in the U.S. to be very hostile toward the corporations that would make us more competitive. With the emergence of the neo-luddite view that corporations are evil, it's not a surprise that more and more of them are moving operations overseas. But let's all tweet on our iphones about how evil corporations are, and then complain we don't have jobs. Add some whining about all the stuff you "deserve" That always helps too.
 
2012-01-18 12:01:53 PM
DarnoKonrad: Lower taxes on job creators and teach more creationism.

If the Creation museum burned down would they use forensic science to determine what happend?
 
2012-01-18 12:03:11 PM
Salacious Salad: A Fark Handle: stop being farktards and raise taxes to fund shiat...

/or we can cut defense spending

Or *gasp* social security. Old people love to talk about personal responsibility except when it comes to the most socialist program in America.


nah we need to nationalize health care so we have a chance to control health care inflation...otherwise we're fark, but but but socialism.

/i still blame the boomers as they are the most selfish generation in history.
 
2012-01-18 12:03:38 PM
ThrobblefootSpectre: Unfortunately there is a growing trend in the U.S. to be very hostile toward the corporations that would make us more competitive

If those corporations were doing the right things, there'd be no hostility towards them.
 
2012-01-18 12:04:05 PM
Go with the sucesses. It's simpler to decimate the middle class.

It worked well with the US black community in the 60s producing some awesome gangs to fill the vacuum.

Iraq is another success story. The old Bush bombs the infrastructure -- water and electricity in a very warm country that begs for AC. No telling how many kids died of diseases as a result. Then comes Bush II with Iraq II. You can tell the Boy Scouts were there, the country is so much better off, and the middle class is hanging on by a thread.

The real problem is which middle class to destroy first, the US or Iran. I'm sure some billionaires will figure this out without needing any input from anyone else.
 
2012-01-18 12:06:00 PM
CaptainCliche: Mentat: Missouri governor wants to cut higher education funding 12% to avoid raising taxes. Even the state Republicans are balking at that.

Are they? It seems more like "OHHHH WOE IS US! THE GOVERNOR IS MAKING US VOTE FOR THIS TERRIBLE CUTheh heh heh heh heh hehWON'T SOMEONE THINK OF THE CHILDREN?Yes, make the check out to Senator Suchandsuch.


Lots of people are balking. The Republicans are no saints when it comes to education funding (see Ashcroft, John), but at some point there's no more fat to trim. One of Mizzou's reasons for going to the SEC was because of declining state revenues and the inability of the Big XII to be competitive in revenue generation. Texas refuses to give up their LHN because $5 million a year goes back to the university and the Texas state legislature loves it because it's $5 million in taxes that they don't have to provide.
 
2012-01-18 12:06:32 PM
A Fark Handle
/i still blame the boomers as they are the most selfish generation in history.

How many times must we tell you? Ronnie Raygun was NOT a boomer.
 
2012-01-18 12:08:30 PM
ThrobblefootSpectre: Unfortunately there is a growing trend in the U.S. to be very hostile toward the corporations that would make us more competitive. With the emergence of the neo-luddite view that corporations are evil, it's not a surprise that more and more of them are moving operations overseas. But let's all tweet on our iphones about how evil corporations are, and then complain we don't have jobs. Add some whining about all the stuff you "deserve" That always helps too.

They were moving overseas in the 90's when we were bending over backwards to accommodate them. It's almost as if they use everything as an excuse to move jobs overseas. Hmm...
 
2012-01-18 12:08:47 PM
Whenever government spends money you can be sure a large percentage will end up in the hands of the politically connected. And politicians will always enrich themselves at the expense of their constituents, there is no way to prevent this from happening.

This is a problem for which I don't know a solution.

Read "Throw Them All Out" and despair http://www.amazon.com/Throw-Them-All-Peter-Schweizer/dp/0547573146/ref =sr_1_1?ie=UTF8&qid=1326906380&sr=8-1

Other than bloody revolution and starting over and hoping THIS TIME we get it right I can't think of any way out.
 
2012-01-18 12:08:52 PM
Wendy's Chili: DarnoKonrad: Lower taxes on job creators

Yep...

Asked what the U.S. government could do to improve its competitive position, respondents [Harvard Business School alums] top recommendations were to simplify the tax code, reform immigration policies and reduce the corporate tax rate.

Lower taxes, cheaper labor, and lower taxes. Way to think out of the box, Harvard Business School.


Simplifying the tax code has nothing to do with tax rates. It is about how complex the rules for expenses, deductions, etc are.
 
2012-01-18 12:09:02 PM
WhyteRaven74: If those corporations were doing the right things, there'd be no hostility towards them.

So presumably, the emerging nations where these corporations are moving to will soon fall apart because of all the wrong things they do. While the U.S. will continue to improve by leaps and bounds because of a lack of corporations messing us up.
 
2012-01-18 12:09:23 PM
While I do agree with spentmiles, up to a point, I do not think that Mentat fully understands the ramifications of what our excessive EPA regulations have done to this country. We never achieved a balancing point between severity of regulation versus affordability.

Example, a nuclear power plant under construction, with a proposed cost of $750 million. Then comes Three Mile Island. Construction halted on new plant, while regulations are "updated". Construction resumes, cost to finish plant: $7 BILLION.
 
2012-01-18 12:10:07 PM
TofuTheAlmighty: You know why the tax code is complex? Rich people and corporations demand deductions for inane things.

Tax brackets (of which there are six) are monumentally simple. The bazillions of deductions are not.


That is why we need to remove all tax deductions, taxes should be for funding the government. If you want to give welfare to home owners, child producers, or job creators then enact a program that gives them direct cash subsidize and don't back door it through tax breaks.

If we did that we would see that the real welfare queens in this country are the middle class and corporations.
 
2012-01-18 12:10:39 PM
Wait! The US of A IS spending more on primary education. $100,000 scoreboards and $50 season tickets count towards education, right? As long as the precious snowflakes are getting local TV airtime, there's no need for textbooks. Remember, everything that you need to know is already written down in the best selling book of all time!

/It is His will that things are what they are.
 
2012-01-18 12:11:09 PM
No no no... we're on the right course. The country is becoming more liberal pansy-ass, just the way people have been wanting it. Need to go further down this road, to ensure that nobody's offended, everybody gets a house, car, gold crown on their dashboard, food, tv, intarwebnet, and everything else they want.

Throwing more money at liberal government schools seems to be working better every year. Let's keep that going.

Public pensions need to be funded better. Gotta keep that going.

More tax laws! Gotta keep them tax attorneys employed! That's economic growth!

And once the seas rise and flood the coasts, we REALLY have ocean front property in Nevada to sell!

Meh. Back to reality.
 
2012-01-18 12:13:02 PM
Harvard Business School: Abloo bloo bloo taxes and wages are too high!

bigpichost.com
 
2012-01-18 12:13:25 PM
SuperTramp: A Fark Handle
/i still blame the boomers as they are the most selfish generation in history.

How many times must we tell you? Ronnie Raygun was NOT a boomer.


yes, but the boomers supported him. when it was their turn to pay it back they decided, fark that shiat let's do more hookers and blow.

/and at least ronnie understood that raising taxes was ok.
//reagan = obama, the new right = crazy scary
 
2012-01-18 12:13:40 PM
Pick: While I do agree with spentmiles, up to a point, I do not think that Mentat fully understands the ramifications of what our excessive EPA regulations have done to this country. We never achieved a balancing point between severity of regulation versus affordability.

Example, a nuclear power plant under construction, with a proposed cost of $750 million. Then comes Three Mile Island. Construction halted on new plant, while regulations are "updated". Construction resumes, cost to finish plant: $7 BILLION.


Sounds "normal" to me. :/

I try to do my fair share to avoid funding things I don't support (when possible). NY government is one of them.
 
2012-01-18 12:14:53 PM
Mentat: They were moving overseas in the 90's when we were bending over backwards to accommodate them. It's almost as if they use everything as an excuse to move jobs overseas. Hmm...

Yes. But the main impetus decades ago was some emerging educated yet extremely cheap labor forces. Such as India, China, Indonesia. This was attractive regardless of how accommodating the U.S. was. However, those populations have since mostly reached wage parity with the U.S., doing so at a very rapid pace, so that is no longer the driving force. An economically and politically hostile environment is now the main driving force.
 
2012-01-18 12:16:17 PM
A Fark Handle:
//reagan = obama, the new right = crazy scary


new right = old left, so yea, I can agree with you there. Everything shifted to the left in the past 30-40 years, left = socialists, right = liberals, Ron Paul = Just the right amount of crazy.
 
2012-01-18 12:19:17 PM
spentmiles: Repeal all environmental regulations and disband the EPA. The 1980s philosophy of save the whales, no nukes, and clean water destroyed the American manufacturing sector. Being green isn't all that fun when you are living hand to mouth. Drop these stupid global warming initiatives and the like, and bring jobs back to our country.

Jobs aren't coming back until you can get labor fo $2/hour here. The environmental regulations at least keep our hom from turning into a toxic shiathole like china.

Like toxic shiatholes and $2/hour? Move to farking China.
 
2012-01-18 12:21:11 PM
Salacious Salad: A Fark Handle: stop being farktards and raise taxes to fund shiat...

/or we can cut defense spending

Or *gasp* social security. Old people love to talk about personal responsibility except when it comes to the most socialist program in America.


True story:

My 75 year old grandma is a staunch republican. One day, the talk of socialized medicine came up. She goes on about how we shouldn't have socialized medicine, how it would ruin our current healthcare and make it too expensive for anyone to survive, and how everybody would die because of "waiting lists."

She then went on to rant about how Medicare is too expensive and won't cover her meds, and thank you Fartbongo for that.

Old people. Die already.
 
2012-01-18 12:21:22 PM
Once the US completely collapses I'm sure other countries will be pointing and laughing until they realize that their own economy is dependent on exports to the US.
 
2012-01-18 12:21:32 PM
Recycling has killed this economy.

Everybody wants to recycle, not repair.

Buy another car.

Buy another TV.

Buy another computer.

Etc, etc, etc. I fix shiat more often than most people, and hang onto stuff way longer than most people. 3/4 of the vehicles in our driveway have over 225,000 miles on them. The other one has 97,000.

What's so good about recycling, when it takes so much effort? Wouldn't repair be the "green" way to go, and keep people employed? (Either with labor, or parts sales and manufacturing.)

This post was inspired by an article I read about Standard Motor Products.
 
2012-01-18 12:21:37 PM
A Fark Handle: /i still blame the boomers as they are the most selfish generation in history.

Yup - the whole g'damn demographic is responsible for this! Each and every one of them! Just like all Italians are to blame for that cruise ship sinking.
 
2012-01-18 12:21:59 PM
Pick: excessive EPA regulations

Look up the environmental regulations for countries like Germany and Japan, what we have is nothing in comparison.

ThrobblefootSpectre: An economically and politically hostile environment is now the main driving force.

And what has created this hostility?
 
2012-01-18 12:22:45 PM
liverleef: Once the US completely collapses I'm sure other countries will be pointing and laughing until they realize that their own economy is dependent on exports to the US.

I suppose being a nation of consumers has it's perks elsewhere.
 
2012-01-18 12:23:04 PM
dedekind_cut: Pass laws to elevate the teaching profession (no not strip them of rights, and this is beyond pro/anti union). We need to get good teachers into all levels of education, and what we have isn't doing it.

While I agree that the status of teachers in this country is abysmal, I'd argue that the root of our educational problems are with parents, not teachers. If a student does not have support and motivation from parents, even the best of teachers will not be able to properly educate them.

Too many parents look at school as little more than daycare. When issues do arise, they often do little to correct them.
 
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