Why did Big Business so strongly support the left in the Presidential election?
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  Why did Big Business so strongly support the left in the Presidential election?
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Author Topic: Why did Big Business so strongly support the left in the Presidential election?  (Read 2320 times)
NOVA Green
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« Reply #25 on: January 18, 2017, 09:20:18 PM »

because everyone with the slightest bit of knowledge about economics knows that trump would be a disaster. not a difficult question.

and the breitbart article (unsurprisingly) is way off base. pinkwashing is not synonymous with leftism (and is in fact widely derided in leftist circles)

Such a disaster that Carrier stayed here and now Apple and Sprint are going to start making products here.  The stock market has been doing well too just from knowing he's going to be president.  Keep your socialism to yourself.

If you believe that, I have a few well known bridges around the US to sell you....

I have actually been to the Apple Global HQ in Cupertino, and I do not believe for one second that they will start manufacturing products in the United States....

Now, they might have agreed to expand the size of their American-based workforce, which they likely would have done regardless, although granted many of these jobs are tied to H1-B skilled foreign workers in industries with a shortage of qualified US nationals....

If Apple actually opens up a semiconductor plant in the US, I will likely eat my hat live and post to Facebook....

I'm even skeptical if Apple would even open up a final assembly plant in the US, using parts manufactured overseas....

If so, it would likely be a giant media stunt to avoid the real issue, with is capital repatriation, so that US based Tech companies, including Apple, Microsoft, and Hewlett-Packard have been using for years, to "cook the books" by reclassifying where their assets are held to avoid paying taxes in the United States...

This practice has been going on for decades.

My respect notch for Trump would move up a few levels, if he actually addressed the issue of Fortune 50 US tech firms, paying virtually nothing in federal taxes,and took that money and put it into something useful, as opposed to corporate handouts to non-competitive global economic sectors.

http://www.sfgate.com/politics/article/Tech-firms-find-havens-from-U-S-taxes-3882486.php



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Coolface Sock #42069
whitesox130
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« Reply #26 on: January 20, 2017, 10:34:32 PM »

Big business generally dislikes change and wants gridlock.
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Phony Moderate
Obamaisdabest
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« Reply #27 on: January 21, 2017, 07:30:18 AM »

Big business is only concerned with its own back pocket and it's more likely (though still very unlikely) that Trump will cause them to lose money.
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Fuzzy Says: "Abolish NPR!"
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« Reply #28 on: January 21, 2017, 10:27:53 AM »

Big business generally dislikes change and wants gridlock.

Very true.

As an aside:  The desire to minimize change is why, when you receive a job offer, you should negotiate for the best salary you can.  Companies tell their managers to hire their new folks in at a salary they'll be happy with.  This way, they can minimize raises and control payroll costs.
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Coolface Sock #42069
whitesox130
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« Reply #29 on: January 21, 2017, 12:13:12 PM »

Big business generally dislikes change and wants gridlock.

Very true.

As an aside:  The desire to minimize change is why, when you receive a job offer, you should negotiate for the best salary you can.  Companies tell their managers to hire their new folks in at a salary they'll be happy with.  This way, they can minimize raises and control payroll costs.
And they don't want to constantly be expending resources training new employees because people keep leaving.
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