Bannon - The concentration of wealth is obscene....

[maximumpossiblesuffering]

The trillions in tax and regulation cuts his candidate gave the rich certainly wont help "the concentration of wealth " problem.

A pro business and investment environment encourages business investment because of reduced costs and risk. This in turn increases expected return on investment. Smart capital is always seeking the highest risk-adjusted returns, where ever it is on our planet.

Additional investment in business usually means more building, hiring, and research and development expenditures. Depending on industry, R&D can ultimately mean less resources are required for a given product thereby having a green benefit as well.

Most CEOs in my estimation recognize their responsibility to our community, even if it is from a global perspective, but have to answer to their board of directors and the shareholders as well.

The issues I wish to see addressed revolve around crony capitalism, unethical big business to small business transactions, and monopolistic utility company practices.

 

[Tony Stark]

A pro business and investment environment encourages business investment because of reduced costs and risk. This in turn increases expected return on investment. Smart capital is always seeking the highest risk-adjusted returns, where ever it is on our planet.

Additional investment in business usually means more building, hiring, and research and development expenditures. Depending on industry, R&D can ultimately mean less resources are required for a given product thereby having a green benefit as well.

Most CEOs in my estimation recognize their responsibility to our community, even if it is from a global perspective, but have to answer to their board of directors and the shareholders as well.

The issues I wish to see addressed revolve around crony capitalism, unethical big business to small business transactions, and monopolistic utility company practices.

Trumps tax cuts gave trillions to millionaires and billionaires and helped increased the deficit from 600 billion to a trillion with the middle class and poor getting crumbs with some getting higher tax bills.

 

[maximumpossiblesuffering]

Right. How can you claim to be for working people by being pro tariff but anti increasing the minimum wage? Tariffs don’t increase wages they increase prices.

These guys are delusional in their thinking that tax and trade incentives will trickle down to wages because they have no idea how businesses work.

People fought like hell for a good minimum wage and right to unionize because you need to have policy that actually increase wages. All this stuff Bannon is talking about is a scam.

Bannon is tricking right winger lower income voters into thinking republicans will somehow pass legislation that will benefit them but what they really get is a tax scam that pays off industrialists and the owner class.

These guys actually believe cutting taxes on businesses will benefit working people somehow. And Bannon is complaining about the obscene concentration of wealth after that Trump Republican tax bill that just increased the concentration of wealth.

It’s amazing to see the effect of disinformation funneled through the internet and right wing media are able to do otherwise normal people in the Republican Party.

Go ask Americans in the rust belt and coal country how the past two years have been going.

Trade tariffs are usually a negative for all concerned. However they are widely used quite extensively by our trade partners. Trump is using trade tariffs to both help equalize the unfair and poorly previously negotiated trade deals and to incentivize negotiations on long term and fair trade agreements.

The problem with government dictating how much businesses should pay their employees is politicians do not know the costs or business models that are effected. In a free market, where jobs are plentiful, a job seeker will tend to choose the highest paying job they qualify for. Thus, it can be a competitive advantage for a employer to pay more to attract the best employees for a given position. In the case where wages are forced higher, businesses usually have to find creative ways to cut hours and or services. For example, a thin profit margin fast food restaurant trying to get by on fewer employees resulting in slower customer service. In addition, longer customer wait times can mean lower net productivity for them. From an economic perspective, arbitrarily raising minimum wage does not automatically mean a net economic gain.

The key for greater economic opportunities for all seems to be having policy revolves around job creation for naturally higher wages. To get job creation, you need businesses to be willing to take risk and invest in expansion and hiring. To encouage risk taking, you have to reduce risk by having business friendly policies such as a reasonable and equitable tax code as well as appropiate, not excessive, regulations.

 

[maximumpossiblesuffering]

Trumps tax cuts gave trillions to millionaires and billionaires and helped increased the deficit from 600 billion to a trillion with the middle class and poor getting crumbs with some getting higher tax bills.

The effect of tax cuts is not like a on/off switch, anymore than a commercial building being completed in a day, from site selection to build out. Only two weeks after the tax cuts, the Left was saying the tax cuts didn’t work. This is because most on the Left cannot visualize the research, organization, planning, and regulatory hurdles a business that wants to expand has to go through to have some confidence that expansion is the right course of action. This process normally takes years. Hopefully you can now better see why continuity in business minded leadership can be an economic benefit for us all. This is yet another reason why we need Trump to be reelected in 2020.

 

[Tony Stark]

. This is yet another reason why we need Trump to be reelected in 2020.

Yeah,than he can get the deficit up to 2 trillion a year.

 

[maximumpossiblesuffering]

Yeah,than he can get the deficit up to 2 trillion a year.

The Democrats historically have been no stranger to the deficit cookie jar either. Even Mr. Surplus, Bill Clinton, could not accomplish it without Republican help. The Bush Presidents had crony capitalism obligations to address, but seemed to be “pioneers” in how they operated outside of Conservative ideals. Some of Reagan’s deficit may have been justified because of the need to jump start Carter’s economy that he inherited. Even some of Obama’s decisively record breaking deficit was justified, but much was not.

The accusation pattern of the party that is not in power repeats over and over again: “You are taking too many cookies from the cookie jar an I want some”! Remember, the Democrats approved Trump’s budget deficit and tax cuts because Trump was willing to share the cookies with them.

 

[Tony Stark]

The Democrats historically have been no stranger to the deficit cookie jar either. Even Mr. Surplus, Bill Clinton, could not accomplish it without Republican help. The Bush Presidents had crony capitalism obligations to address, but seemed to be “pioneers” in how they operated outside of Conservative ideals. Some of Reagan’s deficit may have been justified because of the need to jump start Carter’s economy that he inherited. Even some of Obama’s decisively record breaking deficit was justified, but much was not.

The accusation pattern of the party that is not in power repeats over and over again: “You are taking too many cookies from the cookie jar an I want some”! Remember, the Democrats approved Trump’s budget deficit and tax cuts because Trump was willing to share the cookies with them.

Clinton turned a deficit in a surplus.Obama turned a 1.2 trillion dollar deficit into a 600 billion dollar deficit.

Bush turned a surplus into a 1.2 trillion dollar deficit.Trump turned a 600 billion dollar deficit into a trillion dollar deficit in 2 years.

 

[Tony Stark]

Even some of Obama’s decisively record breaking deficit was justified,

.

It was inherited.Obama didnt increase the deficit 400 billion or 1.2 trillion like Trump and Bush did.

 

[maximumpossiblesuffering]

Clinton turned a deficit in a surplus.Obama turned a 1.2 trillion dollar deficit into a 600 billion dollar deficit.

Bush turned a surplus into a 1.2 trillion dollar deficit.Trump turnes a 600 billion dollar deficit into a trillion dollar deficit in 2 years.

Attached below is a different chart than last time we had this conversation.

As can be seen, during Obama’s Presidency from 2008 to 2015, the Federal Budget Deficit was decisively at all time highs. Worse yet, his first spending bill threw money towards foreign businesses, such as a German toy company. In addition, $750 billion dollars was earmarked for much later in his term for the apparent benefit of extra stimulus soon after the Obama would be campaigning for his reelection in earnest. At least voters helped rectify things in the 2010 Midterms where Democrats were voted out of office at many levels of Goverment in a bloodbath fashion.

 

[Tony Stark]

As can be seen, during Obama’s Presidency from 2008 to 2015, the Federal Budget Deficit was decisively at all time highs. .

Because Bush left a 1.2 trillion dollar deficit.