GOP Senators block tax cuts for insourcing businesses

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The US Chamber of Commerce, National Association of Manufacturers and the Business Roundtable were also opposed to the bill. Obviously they're against US jobs as well.

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I'd like to know if the bolded part is sarcasm before I respond.

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:sarcasm​


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Alright. Now I'll say that I don't think your point is a good one. All of those organizations have execs from huge, worldwide businesses on their boards. When your goal is to make money and you're a global company, creating jobs in the U.S. doesn't necessarily matter. I looked at the websites to see the members of the exec committees and boards and they're filled with these huge companies. I picked these examples because I'd heard of them, but there's also one at the bottom that I hadn't heard of, NACCO, that makes their forklifts in Brazil. I'm too lazy to go through every board member's company to see if they outsource, but I'm guessing a large number do. The US Chamber of Commerce site makes it more annoying to look up the board member affiliations so I didn't bother with that one. I only know that there's a Wal-mart exec on their board, so that's another company whose success doesn't exclusively depend on the U.S. doing well.

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It won't let me space the lines *glare*

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Chairman & CEO,

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Exxon Mobil Corporation

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Committee Chair

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Chairman & CEO,

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Dow Chemical Company

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Vice Chair and Committee Chair

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President and CEO,

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MasterCard Worldwide

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Committee Chair

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Sherman J. Glass Jr.

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President, ExxonMobil Refining & Supply Co.

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Exxon Mobil Corporation

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Carol Williams

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Executive Vice President, Manufacturing & Engineering

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The Dow Chemical Company

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Alfred M. Rankin Jr.

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Chairman, President & Chief Executive Officer

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NACCO Industries, Inc.

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So you're saying the Democrats in congress understand the intricacies of a global economy better than the people you just listed?

 
Mavric said:
Obviously they're against US jobs as well. :sarcasm
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Mavric said:
So you're saying the Democrats in congress understand the intricacies of a global economy better than the people you just listed?
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Nope. I'm responding to what you said above. These companies are obviously not concerned with creating U.S. jobs when they're already outsourcing plenty of them, so of course they're against the bill. Their goal is to make money, not create jobs for Americans.

 
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Moiraine said:


Chairman & CEO,

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Exxon Mobil Corporation

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Committee Chair

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Chairman & CEO,

​


Dow Chemical Company

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Vice Chair and Committee Chair

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President and CEO,

​


MasterCard Worldwide

​


Committee Chair

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Sherman J. Glass Jr.

​


President, ExxonMobil Refining & Supply Co.

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Exxon Mobil Corporation

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Carol Williams

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Executive Vice President, Manufacturing & Engineering

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The Dow Chemical Company

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Alfred M. Rankin Jr.

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Chairman, President & Chief Executive Officer

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NACCO Industries, Inc.

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Dow has a plant in Chile that refines petroleum for local and regional use.

Dow has plants in Africa that work in water, energy, food, oil & gas.

Exxon Mobile extracts and refines petroleum products. I guess they have to do more of that around the world as they aren't allowed to do much more here.

MasterCard should definitely have all their jobs here because no one else in the world spends money.

What exactly are any of those companies going to gain by bringing those jobs back to the US? What jobs could they offer in the US and still get the work done that they need to do?

 
Mavric said:
Dow has a plant in Chile that refines petroleum for local and regional use.

Dow has plants in Africa that work in water, energy, food, oil & gas.

Exxon Mobile extracts and refines petroleum products. I guess they have to do more of that around the world as they aren't allowed to do much more here.

MasterCard should definitely have all their jobs here because no one else in the world spends money.
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I could likely respond to every example you provide with an example of a job that was done in the U.S. and doesn't need to be done in another country for reasons of locality. For example "World's biggest oil company ExxonMobil is in talks with India's top technology firms and multinational vendors for outsourcing of several IT contracts worth up to $1 billion. "

^Nothing to do with location

And most of Mastercard's outsourcing (i.e. customer service) isn't done because they need people on location. I obviously wasn't speaking of on-location jobs. That's not outsourcing.

Mavric said:
What exactly are any of those companies going to gain by bringing those jobs back to the US? What jobs could they offer in the US and still get the work done that they need to do?
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You're overlooking or ignoring my point again. You said, sarcastically, that of course they're against U.S. jobs. And I'm saying, again, that what you said sarcastically is actually not far from the truth. I'm sure they're not actually opposed to the creation of U.S. jobs in general, but they are if it lowers their profits. Those organizations you listed should be concerned with the U.S. economy and U.S. jobs, but their boards and committees are filled with execs of global corporations. They don't need the U.S. economy to be great. The world economy and their own profits is all that matters to them.

 
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Shouldn't a group calling its self The US​ Chamber of Commerce be focused on what is good for the US? Might as well rename themselves the Collection of Greedy Bastards. At any rate, people should take any recommendation from them with an extreme amount of cynicism. Especially when it comes to what is good for this country.

Many of those companies used to have more jobs here, but relocating all sorts of jobs to borderline third world countries makes the execs and stockholders more money. Regardless of what is good for the nation they claim to call home.

 
When the Government passes 2,600-page laws without rules written yet and with hidden taxes that no one has fully analyzed to determine their impact, most business owners (and banks for that matter) hold onto their capital instead of expanding their businesses and hiring people. Manufacturers decide to try and wait until consumer sending picks up and reduce their inventories and stop hiring as well. That was one of the more important reasons that the depression in 1937 was worse than that following the crash in 1929. The Affordable Care Act has had the same effect, and Ben Nelson cast the deciding vote for it - helping to prolong the recession, in my opinion, and turning the Nebraskan voters against him. Then everyone was holding their capital waiting to see what the SCOTUS was going to rule. It ruled the ACA constitutional, but businesses are still holding onto their money. Many believe that they are holding onto it until after November to see if the the current administration with its apparent goal of 2.0 % growth comes back for another four years.

 
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Yossarian said:
When the Government passes 2,600-page laws without rules written yet and with hidden taxes that no one has fully analyzed to determine their impact, most business owners (and banks for that matter) hold onto their capital instead of expanding their businesses and hiring people.
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You bought the "ACA is prolonging the recession" argument?

I'd better add that to my stockpile. :lol:

 
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Husker_x said:
It's hard to empathize with the democrats, however. They had crushing majorities in both chambers and the presidency, and what do we have to show for it? A sort of okay-crappy healthcare law? It also doesn't help when the president set the bipartisan tone early on by telling republicans, "We won."
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The Democrat-controlled congress of the past few years was absolutely abysmal. Set this country back ten years.

 
carlfense said:
Yossarian said:
When the Government passes 2,600-page laws without rules written yet and with hidden taxes that no one has fully analyzed to determine their impact, most business owners (and banks for that matter) hold onto their capital instead of expanding their businesses and hiring people.
Click to expand...
You bought the "ACA is prolonging the recession" argument?

I'd better add that to my stockpile. :lol:
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WP editorialist thinks so. After all, the WP is always right in the left-wing echo chambers.

http://www.washingtonpost.com/opinions/robert-samuelson-the-folly-of-obamacare/2012/06/17/gJQAf5o1jV_story.html

 
Oh, I just find the conclusive proof provided by a single opinion piece amusing.

The laughing smiley face seems the most efficient method of conveying that amusement.

Perhaps I can find an editorial about the efficiency of emoticons in expressing emotions.

Also . . . :lol:

 
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