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<blockquote data-quote="slowdriver" data-source="post: 2146801" data-attributes="member: 58852"><p>Look I know we've been round and round on this before, we agree on a very basic level just in different ways, that's why there is such a divide in this country because there is no right answer. Either way it goes there will be some serious economic pain sooner or later. </p><p></p><p>I would like business to grow, but we are a service based economy how many barista's, truck drivers and teachers can exist, with very little population growth? Bringing back manufacturing won't help because we can't compete with 3rd world labor without becoming a 3rd world country ourselves.</p><p></p><p>Look what happened to the windfall from the drop in interest rates, companies issued bonds and bought back stock taking advantage of the cheap money. Cut corporate tax rates and that windfall will flow into stock buybacks as well. The market is saturated with service jobs, that's why there is very little capital expenditure in the united states.</p></blockquote><p></p>
[QUOTE="slowdriver, post: 2146801, member: 58852"] Look I know we've been round and round on this before, we agree on a very basic level just in different ways, that's why there is such a divide in this country because there is no right answer. Either way it goes there will be some serious economic pain sooner or later. I would like business to grow, but we are a service based economy how many barista's, truck drivers and teachers can exist, with very little population growth? Bringing back manufacturing won't help because we can't compete with 3rd world labor without becoming a 3rd world country ourselves. Look what happened to the windfall from the drop in interest rates, companies issued bonds and bought back stock taking advantage of the cheap money. Cut corporate tax rates and that windfall will flow into stock buybacks as well. The market is saturated with service jobs, that's why there is very little capital expenditure in the united states. [/QUOTE]
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