it's sad that american people are suffering because super rich companies are making 45 billion instead of the calculated 100 billion

so they lay off thousands to keep money in their pockets,if i'm wrong please tell me why.

this is a capitialist nation and look where it's taken us

I wish it were that simple. Most of these companies do need to downsize, at least temporarily, in order to keep afloat for however long this recession lasts. They need to keep contributing to the economy as best they can. By no means am I an economist (and I'll admit to failing the class in college) but, ideally, that's what should happen.

However, if a company is still making a profit, however small, I believe that the socially responsible thing to do is to keep as many of their workers as is humanly possible. Does no good to stay in business if their is no one able or willing to buy whatever it is you're selling.

There must be a way of balancing the two ideals

it is that simple

what is considered being kept afloat? if they aren't making a huge profit then they down size so the bottom line is more than a profit it's just plain old fashion GREED

people get mad about trickle down economics but if rich people aren't spending money then NO ONE is making money

As far as manufacturing jobs, It makes sense the Corporations, do what they can to make a buck for their stockholders. Examples; Replace expensive American workers by hiring cheaper labor such as illegals and legally imported labor. Renewing NAFTA will help them get back up to their standard of living by exporting jobs.

It was expected that they would spend the money but they didn't. They also took it out of the country.

that's another topic but i will say i don't blame anyone for trying to better themselves but as far as illegal workers they should fine and jail the people that's hiring them

it also makes sense to cut off hands of thieves but that doesn't make it right

exporting jobs where does leave american workers

all circles back to greed

Ooh, ouch, keep me out of the spelling debates

You spelled economy correctly.

import work....by people that dont have to pay taxes

import goods.

export raw materials


and then admit america has been sold. and that everone depends on everyone. and nobody is gonna call in a debt that we cant pay...because then their economy suffers.

and then go shopping.
and buy some crap that will last a couple of years before it breaks...

repeat in 3-7 years

all is good....to those that dont get overextended in the process.

btw...dont buy gold. its worthless. buy televisions

You have to keep in mind that these "super rich companies" are in business to make money and show a profit for the shareholders. Many of these shareholders are not super rich individuals but your average ordinary persons who worked and invested their income in these companies (through a broker or group investment plan). These profits go towards their retirement to suppliment social security, and other sources of income to survive. When the laws of "supply and demand" aren't met the employees are laid off to maintain profits. If stockholders lose faith in the company for not making a profit, they will take their money out of that company and reinvest is elsewhere, resulting in declining capital resources to grow and expand; Hence, resulting again in the laying off of employees to the point of fiscal equalibrium. When consumers don't consume enough, employees are let go.

A good analogy. Say I start manufacturing Obama commemorative paper plates. The image of "the one, our savior" silk screened onto a paper plate, outlined in gold ink (guaranteed to be a collectors item to pass down to future generations). I hire a few hundred employees to fill the demand for them. Once Obama is no longer in office or the demand for them met, profits will start decreasing forcing me to lay off employees.

You would have to use "the one, our savior" for the analogy.

Too funny, the time it took for me to click on "post reply" and the page to refresh, you had already posted a reply (now checking my laptop for a "Winxware" program). The analogy is an actual business plan I've been entertaining. What's one more "Obama" item on the open market anyway? "Be a part of history" even more. Just doing my part in helping to stimulate the economy is all. Just hope Obama doesn't get too mad for me perhaps stealing his thunder is all.

I would tell you that as far as economy goes, the current problems are results of several changes that were made by FDR. Minimum wage is one example. It is one of the direct causes of current crisis.

But what's the point? Who here is capable of seeing a cause-consequence relationship that lasted longer than their own lifetime? Further, who here even wants to see any cause-consequence relationships? Very few. But they already know.

Who likes an answer like this? It's got to be the greedy corporations. Soiled bastards, they dare to exist for profit and not job making for all those who couldn't care less enough to even be thankful for a job.

eeeeeeeewwwwwwwwwwwwwwwww

What's the first sentence supposed to be implying?

I just sat down at the computer and clicked onto my topics.

I guess that people may buy those plates as a joke.

Ok, Education time.

!!Capitalism is not the enemy, monopolies are!!

In a working capitalistic society where the free market is allowed to be free, it adjusts to certain situations. It allows those that are willing to work for it, succeed. We as animals need some competition or we will suffer some serious psychological affects IMO.

Pay attention:

I realize the system we have is confusing because schools fail to teach how they work. This is for a very simple reason... to avoid panic.

Ever single dollar in circulation was put into circulation by a private business printing the money and loaning it out at an interest rate. Under this system, when the economy prospers, it's not because it has more money, it's because it has more debt.

The way this works is through exponents. The bank will borrow $1,111.63 from a central bank and loan out $10,000 to an individual based on our current ratio of 9 to 1. This is the law. For every dollar the bank has, it can legally loan out 9. When that person recieves the $10,000 he will turn it into the bank, who takes that imaginary money and loans out $9,000 and so on until the bank compiles nearly $100,000 of loans that people pay interest on when the bank only has just over $1,000.

What does this mean to us? This means in order to keep our economy from collapsing we have to continually take out more loans every day. Day 1 = 2 loans, day 2 = 4 loans, day 3 = 8 loans, etc.

This is how exponents work. If the amount of loans taken out doesn't multiply every day we have a depression.

Please, continue to pay attention.

The reason for this is simple. If every dollar in circulation has an interest charged on it where will the people gain the interest to pay it? The answer to this is collateral. We will all pay with our homes, cars, businesses, etc. Because that is the only thing worth money.

The math is simple banks give out the principal or P and they charge p + interest.

P/(P+I) you have a failed equation.

In order to keep the system afloat you have to continually pump money into it at an interest rate. Unless i am mistaken this bailout money has been printed, and the federal reserve is charging interest on it. This is how we got our deficit. That is what our deficit is. If we payed off our deficit we would not fall into a depression, our money system would simply crash.

Here is the problem... This system will crash someday. You cannot take an exponential growth and apply it to the real world and expect there to be stability.

What we need to do is abolish the federal reserve, and make it illegal from banks anywhere to charge interest. Then we need to attack our deficits and completely rethink our government spending. Until we do this the system will not work. Any questions, please feel free to ask...

Some people think that giving people artificial jobs will help. This is false. There needs to be a production accompanied by these jobs in order to increase our assets at the same rate our debt is increased.

Agree!

I'd like to add that the only way monopolies are created is by the government.

Free market (we don't have it for many years), is incapable of producing a monopoly.

Income - Expenses = Profit/Loss.

Income is from your sales. Expenses are either fixed (same no matter what your sales) or variable (change proportionately to sales)

A corporation is legally a separate entity and has no one owner (in the scope of the large ones). The shareholders are the owners. Every employee from the janitor that cleans the floors to the CFO and CEO receives a paycheck. If the company loses millions, the CEO still gets paid (normally).

If sales fall, some expenses do as well, but not all. This means your income falls faster than your expenses. in order to keep the company in the black or a certain amount of cash in the bank, you have to cut expenses. Labor is one of the largest expenses in any company and is normally the easiest to make up (people working harder). It's that simple. You either cut a few or lose the whole.