Originally Posted By: M E M
Since the wealthy have only had tax cuts for many years now how can you make that argument? They've been making the profits and just not doing what republicans say they would do with them.


Since unions have been bleeding corporations for decades, how can you make THAT argument?

And what proof do you have that "They've been making the profits and just not doing what republicans say they would do with them"?
What I see is that business was increasing (and therefore wealthy tax savings were re-invested back into the economy, opposite what you say) all through the Bush years. And the mortgage crisis (easy loans for unqualified buyers that the Democrats pushed for since the Clinton years) is what finally brought it down.

Many companies have been forced to offshore jobs and manufacture in other countries because all their competitors have done the same, forcing them to finally similarly offshore production to lower costs, or be driven out of business.

And the expanded federal government has been an active part of the environment that has allowed corporations to move overseas without penalty. NAFTA and GATT were passed during the first two years of Clinton's presidency.
The answer is tariffs that balance the playing field, and make producing in the U.S. the more profitable option, instead of offshoring. Instead of short-sighted government policy that makes it more desireable to offshore.

Financial investment guru (and recent Connecticut Senate primary candidate) Peter Schiff said that it's actually easier and less regulated now to start a business in China than it is in the United States.
Before smothering union and environmental regulation, that used to be true of the United States. All regulation in the U.S. has resulted in is moving all that industry to a regulation-free China!

Regarding catering to corporations, as decades of corruption and declining U.S. industry show, corporate acquiescence is a bipartisan act, not a Republican act, as liberals like to scapegoat it as.