By Lori Montgomery Washington Post Staff Writer Tuesday, September 28, 2010; 12:34 PM
Senate Republicans on Tuesday blocked a Democratic plan to encourage companies to bring jobs back from overseas, as a united GOP caucus voted against a motion to debate the measure on the Senate floor.
The motion failed 53 to 45.
The legislation would have raised taxes on corporations that shift operations overseas, costing U.S. jobs. It also would have awarded companies that bring jobs back from abroad by offering a two-year hiatus from payroll taxes for those positions.
After abandoning plans to extend middle class tax-cuts before the November elections, Senate Democrats turned to the outsourcing issue, which they view as politically potent because it shows concern for the heavy-manufacturing job losses that have devastated communities in Midwest and East Coast industrial states. Democrats now plan to try to extend the tax cuts during a lame-duck session in mid-November.
The tax bill under consideration Tuesday included three parts: an end to tax deductions for expenses incurred when companies shutter a U.S. operation and shift the work abroad, a new tax on products once made in the United States but now manufactured by foreign workers and the payroll tax holiday.
All told, Democrats said the measure would have cost $720 million over 10 years.
Business groups strongly opposed the measure, saying it would hamper their efforts to compete in foreign markets.
posted
fact is? the jobs are not going to come back in the next decade.
unless we start taxing imports. American labor is too expensive, so we are going to become a third world country because we allow other countries to pollute and pay their employees wages that we wouldn't work for. The only way to compensate for that is import duties. Thats' what all the other countries do
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
And why is American labor too expensive? Republicans should be strong advocates of keeping jobs in America and stop the outsourcing.
You know what though, somehow I think there are two sides to this story, you got to love articles that glorify Democrats measures while vilifying the Republicans.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.
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quote:Originally posted by CashCowMoo: And why is American labor too expensive? Republicans should be strong advocates of keeping jobs in America and stop the outsourcing.
You know what though, somehow I think there are two sides to this story, you got to love articles that glorify Democrats measures while vilifying the Republicans.
cash, is that a serious question? here's the serious answer:
The cost of Chinese factory labor is a paltry 64 cents an hour. Although that figure is rough, since it's pieced together from sketchy statistics, it's still the most thorough estimate ever compiled. It includes both wages and employer contributions for benefits and social insurance. And it covers not just city factory workers, who get the most attention, but the more numerous rural and suburban factory workers as well. For comparison, hourly factory compensation in the U.S. in 2002 was $21.11, and an average of $14.22 in the 30 foreign countries covered by the existing BLS report.
you think you can sustain our economy buy paying US labor double what eh Chinese get? that would be 1.28$ per hour. get real...
the future of this country is bleak because we encourage business to relocate.
face it, this has nothing to do with Labor Unions or anytihg other than China is waging an economic war on US and nobody even acknowledges it.
Banister concluded China has about 38 million city manufacturing workers. The 30 million on whom she found data earn an average $1.06 an hour. Another roughly 71 million suburban and rural manufacturing workers earn an average 45 cents an hour, for a blended 64 cents. In the current BLS survey, Mexico's $2.48 hourly compensation is the lowest.
Mexico? yeah them too.
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
i hope the GOP gets control of the Congress, then we can continue the Great depression Part 2.... cuz they are bunch of idiots that cannot even read history wthout trying to rewrite it to make their "knowledge" align with their ideaologies.
i'm ready for the worst.
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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housing prices will crash again, food supliers will go broke because 3/4's of the people in the US will ALSO be eating mostly beans, rice and noodles like they do in China and Mexico... new cars? LOL... we just dropped from 18 million per year to 11 million per year, lets try for 6 million per year, yeah that'll be good...
The "giant sucking sound" was United States Presidential candidate Ross Perot's colorful phrase for what he believed would be the negative effects of the North American Free Trade Agreement (NAFTA), which he opposed.
it's so loud now that nobody even knows what they are really hearing...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by CashCowMoo: Well didnt NAFTA which was pushed by Bill Clinton a big outsourcing event to Mexico?
it was written by Daddy Bush and his Democratic Congress and Clinton signed it...
this is not a partisan issue Cash, and partisanship is how they have manipulated this country for decades, some of us here have been trying to tell you that for quite awhile now...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by CashCowMoo: And why is American labor too expensive? Republicans should be strong advocates of keeping jobs in America and stop the outsourcing.
You know what though, somehow I think there are two sides to this story, you got to love articles that glorify Democrats measures while vilifying the Republicans.
cash, is that a serious question? here's the serious answer:
The cost of Chinese factory labor is a paltry 64 cents an hour. Although that figure is rough, since it's pieced together from sketchy statistics, it's still the most thorough estimate ever compiled. It includes both wages and employer contributions for benefits and social insurance. And it covers not just city factory workers, who get the most attention, but the more numerous rural and suburban factory workers as well. For comparison, hourly factory compensation in the U.S. in 2002 was $21.11, and an average of $14.22 in the 30 foreign countries covered by the existing BLS report.
you think you can sustain our economy buy paying US labor double what eh Chinese get? that would be 1.28$ per hour. get real...
the future of this country is bleak because we encourage business to relocate.
face it, this has nothing to do with Labor Unions or anytihg other than China is waging an economic war on US and nobody even acknowledges it.
Banister concluded China has about 38 million city manufacturing workers. The 30 million on whom she found data earn an average $1.06 an hour. Another roughly 71 million suburban and rural manufacturing workers earn an average 45 cents an hour, for a blended 64 cents. In the current BLS survey, Mexico's $2.48 hourly compensation is the lowest.
Mexico? yeah them too.
serious question? lol...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by CashCowMoo: Well didnt NAFTA which was pushed by Bill Clinton a big outsourcing event to Mexico?
it was written by Daddy Bush and his Democratic Congress and Clinton signed it...
this is not a partisan issue Cash, and partisanship is how they have manipulated this country for decades, some of us here have been trying to tell you that for quite awhile now...
Yes glass I know this, I am just poking fun at a certain few on this board who dont believe both parties are at fault, and it is the Democrat party that is pure.
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quote:Britain has similar post-binge economic problems — of personal and national debt and spiraling deficits. But Conservative Prime Minister David Cameron and his Liberal Democrat partners have actually put bipartisanship to work — did any Republicans notice? They are looking to lock in five years of stability through a new law and push through painful cuts across government departments.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
I guess their rebuttal was that certain global companies would have been hurt by this. They need to distinguish between companies that build in China, and then import cheap goods to the US to companies that have a global presence in both the U.S. and other nations who dont fit the bad outsourcing mold.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.
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We either have to adopt a 'protective' stance via import duties (like many here have endorsed), understanding that affected contries will reciprocate accordingly; or we have to move "up" in the economic food chain by getting our workforce out of manufacturing altogether.
We CANNOT compete with foreign manufacturing in a global (free trade-ish) economy. We expect too high of a lifestyle to allow for it. Those with 'skillz\edjumakation' will be the only ones to thrive unless one or the other happen.
Those stats comparing higher education degrees and income levels will become closer and closer to being identical.
quote:Originally posted by SeekingFreedom: The truth of the matter is this (imo)...
We either have to adopt a 'protective' stance via import duties (like many here have endorsed), understanding that affected contries will reciprocate accordingly; or we have to move "up" in the economic food chain by getting our workforce out of manufacturing altogether.
We CANNOT compete with foreign manufacturing in a global (free trade-ish) economy. We expect too high of a lifestyle to allow for it. Those with 'skillz\edjumakation' will be the only ones to thrive unless one or the other happen.
Those stats comparing higher education degrees and income levels will become closer and closer to being identical.
please explain to me the downside to foreign countries reciprocating. we have a trade deficit that is destroying our country and our tax base...
what de wo export that other countires will be able to reciprocate?
we do not have to charge import duties on countries like Germany anyway, the Chinese could stop buying our T-Bills woot woot... good! that's borrowing anyway right?
so it's China, and China, and well, China... Mexico? not much point, their labor sux so bad they all want to come here anyway...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
Just convert it to jpg and resize using either paint or ifranview.. presuming you are still using winblows. Use gimp if you're using linux.
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quote:Originally posted by Relentless.: Just convert it to jpg and resize using either paint or ifranview.. presuming you are still using winblows. Use gimp if you're using linux.
i tried to download it and for some reason my PC didn't want to downlaod it, so i just put the link in... it wants to save it as a PNG?
i hate the oversize art too...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by Relentless.: Just convert it to jpg and resize using either paint or ifranview.. presuming you are still using winblows. Use gimp if you're using linux.
i tried to download it and for some reason my PC didn't want to downlaod it, so i just put the link in... it wants to save it as a PNG?
i hate the oversize art too...
PNG works too. If ifran doesn't want to work then use gimp or paint.. Not sure if paint will do a png but you can try.. either way, should be easy enough.
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