Tell Me How My Blog Tastes: Weaver95: Lando Lincoln:
Absolutely. And all those factories in China came about because American businesses wanted to save as much money as possible, so they closed down the factories in America and China picked up the demand.

And they tolerate levels of intellectual property theft that they'd NEVER put up with here in the states....but hey, at least they're making money, right?

Not for long, esp. when they get shut out of the domestic Chinese market by native firms and political protectionism.

yeah, but most execs don't seem to care about 5 years from now. they care about the money they're going to make THIS quarter and maybe next quarter. 5 years, 10 years from now? they really don't plan for that sort of thing.

Put simply, about 6,000 more iPhones are sold each day than babies are born world-wide.

Damn.

Link (new window)

tenpoundsofcheese: among other reasons, it takes 3 years to build a factory in the US, AFTER you get permission to build in an area that has the spotted green-toed frog on it.

not to mention that you can't just dump your toxic waste into the nearby streams, and then the locals get uppity when you try and burn toxic waste and vent the gasses into the local forest. oh, and the employees demand at least minimum wage and health benefits and not to be beaten into submission if they don't make quota that week.

bah!

just move the factory to china, right?

MyRandomName: What solutions were actually offered in the SOTU? I heard a lot of vague talking points, very little actual policy solutions.


Take away the deduction for outsourcing, make companies pay a minimum tax for profits
and jobs overseas, and reward companies for bringing jobs back to America: The President
believes that we need comprehensive corporate tax reform that will close loopholes, lower rates,
and eliminate incentives that make it more attractive to ship jobs overseas - corporate tax reform
that will:
• Remove tax incentives to locate overseas through an international minimum tax: The President
is proposing to eliminate tax incentives to ship jobs offshore by ensuring that all American
companies pay a minimum tax on their overseas profits, preventing other countries from
attracting American business through unusually low tax rates.
• Stop letting companies take a tax deduction for moving overseas and instead provide a credit for
moving jobs back home: The President wants to eliminate the tax deduction companies receive
for the cost of shutting down factories and moving production overseas, and create a new tax
credit to cover moving expenses for companies that close production overseas and bring jobs
back to the United States.
Lower tax rates for companies that manufacture and create jobs in the United States:
• Create new incentives to increase manufacturing in the United States: At the same time
he proposes to close special-interest loopholes, the President is proposing to ensure the
next generation of manufacturing jobs is created here in America by reducing tax rates for
manufacturers and doubling the tax deduction for high-tech manufacturers.
• Support companies that make new investments in the communities hardest hit by major job
losses: The President is proposing a new tax credit that provides support for companies seeking
to finance new factories, equipment, or production in communities that have been hardest hit by a
company choosing to relocate or a military base shutting down.


Link (new window, .pdf)

Extending the payroll tax cut through the end of the year would do the economy well also.

MyRandomName: What solutions were actually offered in the SOTU? I heard a lot of vague talking points, very little actual policy solutions.

There's this branch, called the "Legislative Branch" and they have this special job, see...

Saiga410: My drive into work today was just like that. A warm front full of moist air just came down after a few days of very cold days.

Except that your air was full of water vapor. Theirs...not so much.

Cataholic: how many extra federal employees did we hire on account of the stimulus?

I'm not sure on how many federal employees we hired directly on account of the stimulus. There was a slight uptick due to the census. But from Jan 09 to Jul 11 we lost 500,000 government jobs. Strange behavior for a socialist.

Dusk-You-n-Me: Extending the payroll tax cut through the end of the year would do the economy well also.

It would do one person extremely well. Republicans are racking their brains at this very moment trying to figure out how they can be against this one tax cut. Bless their hearts, they're trying.

Dusk-You-n-Me: Cataholic: how many extra federal employees did we hire on account of the stimulus?

I'm not sure on how many federal employees we hired directly on account of the stimulus. There was a slight uptick due to the census. But from Jan 09 to Jul 11 we lost 500,000 government jobs. Strange behavior for a socialist.

[thinkprogress.org image 500x373]

Um, that doesn't distinguish between local, state and federal, right?

Tell Me How My Blog Tastes: Um, that doesn't distinguish between local, state and federal, right?

I don't think so, no. I'm guessing "government jobs" probably covers all three.

randomjsa: Yes, there is a reason for that and Krugman understands very few of them.

And remember, the 43,000 people that work for Apple in the United States live in a vacuum in which they do not purchase goods or services from anyone else except each other so they couldn't possibly be creating more jobs through economic activity.

It also could never be the case that the products Apple sells in the United States involve the use of any domestic shipping. It certainly could never be the case that the products Apple sells in the US result in the sale of digital material to people using those products. This goes on and on. It's more than just who works for Apple directly.

I don't approve of the way Apple makes it's products either but to stick your head up your arse the way Krugman does whenever he writes something is just revolting.

Well, why stop there?

If I make $50k/year and spend $45k/year, I'm saving or creating thousands of jobs! I eat food EVERY DAY, I buy gas once a week, I buy clothes (although I can't remember many clothing purchases in 2011), I pay taxes, utility bills...

We get into Chris Rock territory here - I supported my local grocery stores and restaurants! "You're SUPPOSED to eat, ya dumb motherfarker!!"

How about "the only jobs you get to take credit for are the one whose salaries you pay"?

Goes for Obama, Steve Jobs, Woz, Bill Gates, Mitch Daniels, Mitt Romney (as much as that bolsters his record a lot, though in his case, he's directly responsible for job losses as well, so there's that to take into account) or anyone else. OK, Paul Krugman? OK, randomjsa?

This whole "jobs created" metric really is a steaming pile.

// demand "creates" jobs, supply "saves" them
// or vice-versa, but does it really matter?