Everything posted by Texsox
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The Wealthy as Job Creators?
QUOTE (Y2HH @ Oct 22, 2013 -> 12:58 PM) Yes, but to be fair, I'm dubious of everything. Which is appreciated. Now how many middle class folks start and maintain businesses of less than say 50 employees versus those that go on to be mega employers? Without any research, my guess is the real job creators in this economy are middle class folks that start and keep running small businesses. If we put more money in the middle class pockets it will create more jobs than concentrating it with the rich.
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The Wealthy as Job Creators?
QUOTE (Y2HH @ Oct 22, 2013 -> 10:28 AM) I have friends like this, too, but they have like 1 employee...so I wouldn't call them prolific job creators. You were the one dubious of my claim that the companies I worked for were started by middle class owners.
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Government Shutdown on the clock thread
So which number is critical, the amount we can collect in taxes, the amount we spend, or the amount of the deficit? In other words, Do we have to collect only the amount we collect, or could be collect more? Do we have to spend everything that we spend? Do we have to run a deficit or if we could increase A while decreasing B and eliminating C?
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The Wealthy as Job Creators?
Good point, I was forgetting that.
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The Wealthy as Job Creators?
OK, how about Microsoft, Facebook, Google, Apple, etc. Where there founders rich or middle class?
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The Wealthy as Job Creators?
Since I was in management and in a couple cases friends with them before they started the companies, I am positive they were middle class. The two companies I worked for the longest were both started by middle class guys. Chuck and Art worked as sales reps in the same industry before striking out on their own. Their initial investment was being able to work a year without drawing a paycheck and a $125,000 line of credit against their homes. Jim worked his way up in the company to President before buying the company. He was living in the same house outside Milwaukee he and his wife bought as newlyweds. Three bedroom with a detached garage. He drove a 10 year old pick up most days, his kids attended UW-M. I was barely middle class when I started my companies. The Boy Scouts of America were started by an insurance agent from Chicago who happened to meet a Scout in London while on a trip. I'm also thinking of friends that have their own companies, two in lawn maintenance who started with less than $10,000 in capital.
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OBAMA/TRUMPCARE MEGATHREAD
The other area we could look at is what drugs are available over the counter. Down here many people self medicate by visiting pharmacies in Mexico for what we could consider basic drugs.
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The Wealthy as Job Creators?
QUOTE (southsider2k5 @ Oct 22, 2013 -> 08:04 AM) How many poor people have you worked for? How many middle class people have you worked for? All have been middle class at best.
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The Wealthy as Job Creators?
QUOTE (southsider2k5 @ Oct 21, 2013 -> 03:38 PM) Nice spin. Spin it back for me. Who are the middle class job creators? We are claiming that the wealthy create jjobs for people. Someone here point out the wealthy person that created their job and when was it done.
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Would you buy shares in a Sox player?
With golf, poker, tennis, there is individual prize money to be earned. That makes those investments more straightforward and viable. Without guaranteed money, those people without a stake can't get a steak.
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The Wealthy as Job Creators?
Just so I am clear, Jenks, Alpha, and SS2k5 all believe McJobs and working at Walmart are the examples of job creation we should slash taxes to get. Would Walmart or McDonalds try to get by with less staff if the owner's taxes were higher? What if it meant that the middle class would be paying less taxes and spending that money at McD and WalMart?
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Cronyism at its finest?
Jerry is picking up the dinner tab next time he sees someone from Liberty Media* *This would be a better comment if Ted Turner still owned the team, damn corporations
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The Wealthy as Job Creators?
Build a budget on $10 per hour jobs. $20,000 per year. $1,666 per month gross. Knock off a couple hundred for taxes, social security, etc and you are looking at $1,400. Can you survive? You see some people with smartphones, but they are probably living at home with someone who is paying their rent, etc. Are those jobs really as good as the factory jobs of 115 years ago?
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Right to be skeptical?
QUOTE (Eminor3rd @ Oct 21, 2013 -> 02:37 PM) Hawk is gonna sell Abreu so hard. I tell ya, Stony, this kid has chance to be a MONSTER. The sound it makes off this kid's bat... I say the best three right-handed hitters we've seen over the last twenty years are TheBigHurtFrankThomas, Manny Ramirez, and Miguel Cabrera -- this guy has a chance to be as good as ALL OF EM. Dead on.
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Right to be skeptical?
QUOTE (LittleHurt05 @ Oct 21, 2013 -> 01:25 PM) Do people really think this move is gonna help sell tickets? Your average fan will probably have never even heard of Abreu. Yes. It keeps the Sox in the news. It is a signal the team isn't accepting 2013 and will make bold moves. What was the marketing going to be without a major signing? "These Kids Can Play"? You can only do so much around Sale. The fact that the average fan hasn't heard of Abreu is actually a positive. What the average fan will know about Abreu is what the team tells the average fan. He is THE GREATEST SLUGGER In CUBA!! The NEXT CABRERA!! BONDS!! Buy tickets now before they are all sold out. Season ticket holders have a glimmer of hope and perhaps the cancellation rate lowers a notch or two. Or they could market buying tickets to see Konerko, Dunn, Beckham, Ramirez, Phegley,
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The Wealthy as Job Creators?
QUOTE (southsider2k5 @ Oct 21, 2013 -> 01:43 PM) The hole in your logic is that Sam Walton has created millions and millions of more jobs than Carnegie, Rockefeller, Rothschild, or anyone else of that era. Actually. that may add to my point. Walton has added millions of low paying jobs that families cannot live on while driving local companies out of business. Finally, to achieve "always low prices" they are sourcing more and more products overseas. Walton's success was not a win-win for himself and the US.
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A week of groceries in pictures
QUOTE (Y2HH @ Oct 21, 2013 -> 12:19 PM) ...and speaking on this thread, this is actually a very interesting subject. I know quite a few people that view me as rich, and I'm really not, but it would be impossible to convince them of that. In comparison, it may appear that way, but a lot of the reality behind it is overlooked. First, my wife is a stay at home mom, we have two kids, etc. Outside of my mortgage, I have no debt. Now, an interesting thing about Facebook, Twitter, and other such social media is it allows us to do is silently observe people. It doesn't take long for me to realize why I'm viewed as rich because I always seem to have money, while they view themselves as poor. All one needs to do is look at their timeline to see where they spend all their money ... which is eating out seemingly EVERY DAY. The last place I ate out at was Buffalo Wild Wings...29$. Meanwhile, I see picture after picture of these "poor" people at Blackhawks games, Bears games, restaurants, etc... Yes, I'm rich then. Because I don't spend more than I make. The worst part ... when your success is attributed to luck. Yes, my company pays me what they pay me because I'm lucky. That's what it is. Guilty as charged. In my twenties and thierties I was making very nice money and spending even more. If I received a $10,000 raise, I would spend $15,000. Stupid. Now I earn, and spend way less, but have more money
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With Abreu Signing; Konerko Not Out
QUOTE (Balta1701 @ Oct 20, 2013 -> 02:30 PM) When did this actually happen? 2005, the Orioles' offer was about $4,000,000 higher than the Sox offer.
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Right to be skeptical?
This was the selling tickets, get the fans excited move that they needed. Even better that it will fill the entire off season.
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School Shooting in Nevada
Not much to report, two dead, two injured. http://www.cnn.com/2013/10/21/justice/neva....html?hpt=hp_t2
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Government Shutdown on the clock thread
QUOTE (southsider2k5 @ Oct 20, 2013 -> 03:30 PM) Now that is just funny. I'll agree with you. We decided that with the relection and eventual Sainthood of Reagan. His two greatest contributions to the GOP was the Teflon he wore with the press, which led to the "liberal press out to get us strategy" (it makes all GOP teflon ) and allowing the Dems to spend all they wanted as long as the GOP could spend all they wanted and kept taxes low. The GOP and DEMS won as long as voters continued to demand that the government borrows money and gives us stuff.
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The Wealthy as Job Creators?
Or let me use another example, Steve Jobs 100 years ago, the jobs he created would have been solely in the US and benefitting US workers and the local areas they lived and worked. Now he created jobs in the US, but many more in other countries. yes, he was a job creator, but not nearly the extent that Carnegie was. And that isn't a complaint against Jobs, just the reality of today's world.
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The Wealthy as Job Creators?
QUOTE (Alpha Dog @ Oct 21, 2013 -> 12:42 PM) So you eliminate loopholes that allow people to pay much lower than they should. Many people on both sides of the aisle wold go for that. But there is no reason anyone should ever have to pay more than half what they make to the government, no matter how much they make. By loopholes, do you mean deductiions?
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The Wealthy as Job Creators?
http://en.wikipedia.org/wiki/Income_tax_in_the_United_States In my lifetime the top bracket has gone from mid 70% range to sub 40%. The results have been wealth has moved from the middle class to the rich.
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The Wealthy as Job Creators?
Tumblr sold for 1.2 Billion had about 20,000 employees. A billion dollar plus business in 1913 would have needed 5x that. We are reaping the promise of technology. Employees are much more efficient today that even a generation ago. Just think about all the secretaries and book keepers that have been eliminated.