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On October 17 2012 11:29 {CC}StealthBlue wrote: Obamacare is the reason for outsourcing?
He wants to kill employer motivated health insurance, I guess, despite that being the way America has been insured as the 30s.
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On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' china has been artificially keeping the value of their dollar low
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On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?'
Oh you know...
Money magician. Dinero diddler. Currency manipulator.
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On October 17 2012 11:30 BluePanther wrote:Show nested quote +On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' they toy with their currency to gain favorable exchange rates or something. I've read the stuff on it before, it's blatant and real. I don't know the specifics though, so I can't comment too much about it.
It's to keep import prices high in China so that the Chinese won't buy things and they can encourage a trade surplus
(I think that's changing though)
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On October 17 2012 11:30 BluePanther wrote:Show nested quote +On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' they toy with their currency to gain favorable exchange rates or something. I've read the stuff on it before, it's blatant and real. I don't know the specifics though, so I can't comment too much about it.
I thought that while they used to be really undervalued (up to 40%) they are actually barely undervalued anymore due to the economic crises elsewhere and growth in china. I remember reading several articles talking about how china was losing a lot of outsourced manufacturing jobs to neighbouring countries because of this.
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i love how in every western country, the talk is about how "we cant compete with china on cheap wages, so we need higher education to do the top end jobs, that use produce from china, turn it in to something better, and sell it on.
in america, we need to fuck the kids at the end of high school, bring back all the shitty manufacturing jobs, and throw the idiot kids in to crappy jobs.
but luckily since we dont want you to pay for healthcare, you will think you can afford to work a shitty job, until you get cancer then you can fuck off and die.
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Gah. First half was wonky, but his second half was strong. Le's see what the Pres. has to say....
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On October 17 2012 11:27 joon wrote:Show nested quote +On October 17 2012 11:23 Leporello wrote: Romney's answers regarding his tax policies were disgusting.
This is a completely dishonest man. He says in one sentence he's just reducing rates across the board, then he says he's just reducing taxes for middle income -- he's not going to give the rich tax cuts, oh no, "I counter that with deductions".
But the woman who asked the question named some of those deductions in her question -- things like the Tax Benefits for Education deductions. The woman's question contained more specifics regarding these deductions than Romney's answer!!!
Barack counters by asking Romney, where is the math -- how do you pay for these across-the-board tax cuts, and how are they not a tax cut for the rich? He comes back with more simplistic lies -- I'm just cutting taxes for middle class families. No specifics, just a simple lie.
Republicans really've shown the concept of governance is just a game to them by electing Mitt Romney as their candidate. This is a true do-anything, say-anything SOB. This is a man who can not answer simple questions with any specifics, no matter how hard pressed into doing so. He wants to cut the Estate Tax, and he'll look at all of us and say he isn't planning to cut taxes for the rich. He can not represent his own policies truthfully -- he contradicts himself in a matter of seconds. Most Republicans will admit to their "trickle down" policies, Mitt Romney instead just pretends to be something else. Does this not disgust his own base??? No, they apparently like seeing their policies misrepresented as something almost progressive.
The guy is a true snake who really has appealed to the sound-bite generation in this debate. His whole answer on economic policy was "Don't look at my specifics, just let me tell you I'm not cutting taxes disproportionately for the wealthiest and will somehow pay for the decreased revenue by closing loopholes that don't exist."
A lot of these tax deductions that Romney is going to close aren't even for the wealthy. The tax benefits for education are something completely designed to help the lower and middle class, and those are deductions that Romney has targeted for closing. The lady even mentioned it in her question, and he just completely ignores it and talks about the middle class.
TL;DR The truth is Romney's tax cuts will benefit the wealthy, and will result in much less revenue for the government, increasing deficits. The few deductions Romney has admitted to targeting for closing are deductions that are useful for all Americans in all tax brackets. Everything Romney said tonight about his tax policies was a complete, total, shameless fucking lie. romney's tax cuts will benefit the wealthy? it seems to me like you got a pretty fucking skewed idea of what wealthy is. he wants to help the small business' that the US depends on because they're failing. thats a fact, smalls business around the world would go out of business before you could blink if obama implemented HIS tax plan. its not romney thats the "complete, total, shameless, fucking lie its obama.
Romney didn't answer that woman at all. The question was asked of Romney -- did he name one deduction? One loophole? People keep asking him, and he just gives the same rhetoric you give me.
I'm sorry, but rhetoric is rhetoric. Instead of adding to it, do Romney a favor and tell us how he is going to pay for across-the-board tax cuts, and ending the Estate Tax?
Across-the-board tax cuts include the wealthy. When you cut taxes by flat percentages, the wealthy benefit the most by a disproportionate margin. But what, you want to pretend otherwise?
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On October 17 2012 11:30 DarkPlasmaBall wrote:Show nested quote +On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' Oh you know... Money magician. Dinero diddler. Currency manipulator. Dinero diddler should be the official label applied to currency manipulators from here on out.
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On October 17 2012 11:30 jdseemoreglass wrote:Show nested quote +On October 17 2012 11:29 {CC}StealthBlue wrote: Obamacare is the reason for outsourcing? Obamacare does increase outsourcing, since it increases costs on employers hiring Americans.
And Romney did the same in MA...
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On October 17 2012 11:29 Deathmanbob wrote:Show nested quote +On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' idk but i dont think it does anything good. It ruins the US Relations with China and makes Romney look strong. And lol at mentioning Germany in the same argument as India and China.
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On October 17 2012 11:29 farvacola wrote:Show nested quote +On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' It practically means nothing. Figuratively it allows one to dance amongst the clouds of foreign economic policy excellence.
The US manipulates its currency as well when it chooses to print money. Practically every country with fiat could be called this. China however is known for being rather aggressive with trying to keep their currency at a level they like.
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Doubling the exports, thats quite a goal.
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On October 17 2012 11:30 TheRabidDeer wrote:Show nested quote +On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' china has been artificially keeping the value of their dollar low They have dollar in China?
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Cayman Islands24199 Posts
the idea that romney cares about american workers is so absurd i dont know where to start with this.
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On October 17 2012 11:31 killerdog wrote:Show nested quote +On October 17 2012 11:30 BluePanther wrote:On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' they toy with their currency to gain favorable exchange rates or something. I've read the stuff on it before, it's blatant and real. I don't know the specifics though, so I can't comment too much about it. I thought that while they used to be really undervalued (up to 40%) they are actually barely undervalued anymore due to the economic crises elsewhere and growth in china. I remember reading several articles talking about how china was losing a lot of outsourced manufacturing jobs to neighbouring countries because of this.
I can't comment on that. I know they abuse what they can though -- and still do.
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The Apple Store in China -.-
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we can compete if...
WE TREAT OUR WORKERS LIKE THE CHINESE DO! LOL
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"there's a store that sells apple knock offs"
...what. that's not china...
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On October 17 2012 11:31 TotalBalanceSC2 wrote:Show nested quote +On October 17 2012 11:29 farvacola wrote:On October 17 2012 11:28 Defacer wrote: what does that mean, labelling China a 'currency manipulator?' It practically means nothing. Figuratively it allows one to dance amongst the clouds of foreign economic policy excellence. The US manipulates its currency as well when it chooses to print money. Practically every country with fiat could be called this. China however is known for being rather aggressive with trying to keep their currency at a level they like. Printing during a recession is smart. Printing during a massive 11% growth boom is dishonest
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