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Another business leader slams Obama

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thraashman

Lifer
Apr 10, 2000
10,909
1,057
126
Ever noticed how during the administrations of Democrat Presidents that more jobs get created and that under the admins of Republican Presidents the rich get richer? Seems like perhaps that's why this guy is so butthurt. He realizes that if Obama is re-elected that he'll actually have to BE a job creator instead of just calling himself one while lining his pockets.

I don't actually know what spidey's problem is, though I'm more and more beginning to believe he has 44 or 45 instead of the normal 46.
 

HomerJS

Lifer
Feb 6, 2002
25,752
10,816
136
Yep and obummer murdered the middle class you go obummmer , I very much want to see the demon animals after the welfare checks stop.
Excuse me, but the murder of the middle class has been a slow tortureous process. If started around 1979.

We discussed this subject months back. It's when the top 1% began to pull away and the middle class stagnated.
 

HomerJS

Lifer
Feb 6, 2002
25,752
10,816
136
Bullshit. Without people who can designer, organize, and execute the making of said crap there is no crap. Lol, by crap I'm talking about stuff that may not necessarily be crap. Anyway, the people that make the stuff are the ones that really drive the economy. The making of stuff IS an economy. Money isn't wealth. Items with a use are wealth.
You can design all the crap you want if there aren't enough people to buy the crap the maker of said crap will not hire workers to produce more crap.
 

Tom

Lifer
Oct 9, 1999
13,294
1
76
Can't stop common sense. If you have any idea about how business works this will make perfect sense. Obama of course believes "you didn't build that".

http://www.youtube.com/watch?v=IF6hNZUQRvY&feature=player_embedded
Obama's statement that included "you didn't build that" is in fact true. Listen to the entire statement in context.

His point is we all rely on infrastructure and government services and regulations that enable the generation of wealth through private enterprise.

But its also just factually untrue that government doesn't create jobs. Whether its funding research or building projects that are beyond the scope or interest of private enterprise, government plays a large role in the creation of jobs.

Look at Boeing. Why is it the most successful airplane company in the world ?

1. Grand Coulee dam, built by the government.
2. government purchase of planes when private demand hadn't really started.
3. government funded air traffic control system that enables the airline industry.
4. government funded airports that also enable the airline industry.

Look at banking. It relies on FDIC to establish trust in banking. While FDIC is funded by banks, what backs it up is the government.


Look at TVA and rural electrification. Without government backing the economic development of the new south could never have happened.

Look at California. There would be no silicon valley or much of anything in CA without water, supplied by large government works.

Just a few examples of why Obama was right, and its Republicans like Romney who are running on a pack of lies, relying on a mythical American tall tale that private industry is wholly responsible for everything that is good about America.

That's complete nonsense.
 

Steeplerot

Lifer
Mar 29, 2004
13,051
6
81
Big multinational corporations are unadaptable, stifle innovation and inevitably rely on taxpayers to support them/bail them out. Hilarious when people call these folks "job creators".

"American dream killers" is more like it.

The whole thing stinks of typical Conservative la la land of wanting to get rich quick so falling for any snake oil salesmen who comes around.

Instead of actually working for it.

<---A actual Business Owner and Job Creator

This guy scams people with casinos, who gives a shit what he says? He is scum who takes advantages of others hopes of wealth in a country that many see without any future but winning a lottery..or listening to right wing corporate PR.
 
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blankslate

Diamond Member
Jun 16, 2008
8,471
423
126
Ever noticed how during the administrations of Democrat Presidents that more jobs get created and that under the admins of Republican Presidents the rich get richer? Seems like perhaps that's why this guy is so butthurt. He realizes that if Obama is re-elected that he'll actually have to BE a job creator instead of just calling himself one while lining his pockets.

I don't actually know what spidey's problem is, though I'm more and more beginning to believe he has 44 or 45 instead of the normal 46.
Of course people are going to ask for links...

http://www.bloomberg.com/news/2012-09-06/bill-clinton-asserts-democrats-create-more-jobs-reality-check.html

The Claim: Clinton said that over the past half century almost twice as many jobs had been created when Democrats were in the White House as under Republican administrations.


The Background: Republicans have used today&#8217;s weak job market as a club to beat President Obama. Clinton confronted the Republican charges by claiming long-term success for the Democrats&#8217; &#8220;we&#8217;re all in this together&#8221; philosophy, which he contrasted with what he described as the Republicans&#8217; &#8220;you&#8217;re on your own&#8221; approach. Since 1961, Republican presidents have served for 28 years while Democrats have been in office for about 23 years. Clinton said total job growth over that period amounted to 66 million. &#8220;What&#8217;s the jobs score?&#8221; he asked the crowd in Charlotte. &#8220;Republicans 24 million, Democrats 42 million!&#8221; he said.


The Facts: Clinton&#8217;s math is correct. Using Bureau of Labor Statistics figures for the month each president took office, Democratic presidents presided over the creation of 42.3 million jobs and Republican chief executives saw 23.9 million.
No one mentions that. May be the Democratic party isn't so bad on job creation? Especially when the Republican party isn't hijacked by teabagging nutjobs intent only on obstruction.

If you look at possible ulterior motives for CEOs speaking out... well f#!* for them an increase from 35% to 39.5% rates on their last dollars earned could be several hundred thousand dollars or even more than a million dollars.

If a 4.5% movement in tax rates bothers them so much... maybe they should be busy using those at least half a billion (and perhaps over a trillion dollars) their companies are sitting on and actually earn the name of "Job Creators" by hiring people at decent wages and salaries instead of trying to squeeze every last ounce of productivity from their current employees and telling them be thankful we don't lay you off.

links here
http://jobs.aol.com/articles/2012/02/18/companies-are-sitting-on-500-billion-which-could-create-2-4-mi/
http://www.nypost.com/p/news/business/hoarding_cash_Yzfk2c8aK1wAPrZCRdEVnJ
^for the dollar figures
 
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umbrella39

Lifer
Jun 11, 2004
13,820
1,123
126
Shit and run OP's like this and the inane deflecting replies that display the typical GOP fingers in their ears mentality is one of the main reasons why the GOP will lose... If people like this are your heroes then we have no choice but to keep you firmly planted at the kids table another 4 years. When you grow up, let us know... you are still in the minority in this country no matter how loud you chirp.
 

sunzt

Diamond Member
Nov 27, 2003
3,079
3
76
I'm 100% confident that Steve Wynn will vote for Harry Reid during re-election.
 

chucky2

Lifer
Dec 9, 1999
10,038
36
86
Of course people are going to ask for links...

http://www.bloomberg.com/news/2012-09-06/bill-clinton-asserts-democrats-create-more-jobs-reality-check.html

No one mentions that. May be the Democratic party isn't so bad on job creation? Especially when the Republican party isn't hijacked by teabagging nutjobs intent only on obstruction.

If you look at possible ulterior motives for CEOs speaking out... well f#!* for them an increase from 35% to 39.5% rates on their last dollars earned could be several hundred thousand dollars or even more than a million dollars.

If a 4.5% movement in tax rates bothers them so much... maybe they should be busy using those at least half a billion (and perhaps over a trillion dollars) their companies are sitting on and actually earn the name of "Job Creators" by hiring people at decent wages and salaries instead of trying to squeeze every last ounce of productivity from their current employees and telling them be thankful we don't lay you off.

links here
http://jobs.aol.com/articles/2012/02/18/companies-are-sitting-on-500-billion-which-could-create-2-4-mi/
http://www.nypost.com/p/news/business/hoarding_cash_Yzfk2c8aK1wAPrZCRdEVnJ
^for the dollar figures
What was the Congressional makeup before and during those job creations?
 

Pens1566

Diamond Member
Oct 11, 2005
7,557
671
126

Fern

Elite Member
Super Moderator
Sep 30, 2003
26,916
172
106
I don't mean to ask the obvious question, but why does a casino mogul necessarily know how to run the economy for the entire country? If I need to know how to build giant buildings on the strip with my name on them, he's definitely at the top of the list of the guys I'd call...but does he honestly have more understanding of running the country than the average guy on the street?
I don't want to argue the point of Wynn running the country, but it seems to me you are vastly underestimating the complexity of running a large casino and resort.

There are:

1. Many regulatory issues, whether they involved building (permitting etc) or gaming.
2. Many different activities carried on simultaneously. You have gaming, entertainment (singers magicians etc.), food and liquor service, hotel management for overnight guests, various service type staff, transportation, retail outlets and property management (you would have commercial tenants in the building). The list just goes on....
3. Lots of maintenance issues, whether it be real estate or gaming equip etc.
4. Lots of complicated cash management issues.
5. Lots of security type issues.
6. Marketing
7. Insurance
8. HR issues
9. Accounting/finance/budgeting/forcasting issues
10. Legal issues
11. Etc.

That is a huge, multi-faceted and complicated business. I see far more differentiated functions contained in Wynn's business than just about anything else I can imagine. Frankly I find it mindblowing and expect that he's one heck of a manager who has recruited/trained some damn good staff. So, there's a helluva lot more to it than just throwing up a large building and flipping the light switch on.

Fern
 

zinfamous

No Lifer
Jul 12, 2006
105,041
19,752
136
The point is Obama has never created a single job in his life, let alone when he was president. He is a job killer.
How many jerbs has Romney created?

better yet--how many jerbs has he sent off shore?



patiently awaiting answer....
 

spidey07

No Lifer
Aug 4, 2000
65,481
4
76
How many jerbs has Romney created?

better yet--how many jerbs has he sent off shore?



patiently awaiting answer....
100s of thousands of jobs directly created by patriot Romney and capitalist Bain.

Be gone with thee filthy liberal.
 

zinfamous

No Lifer
Jul 12, 2006
105,041
19,752
136
ah yes...Steve Wynn.

lol, this is the guy that is maneuvering, and has been for YEARS prior to Obama taking office, to move his ENTIRE empire to Machau, so that he can suck off the never-ending teat of Chinese bribery-based fortune generation.


lmfao. what a real "winner." and what a totally spurious attempt to link this guy to being some sort of patriotic businessman looking to improve America's lot.

:D

tool-based politics--it works for the inbred, I guess.
 

zinfamous

No Lifer
Jul 12, 2006
105,041
19,752
136
100s of thousands of jobs directly created by patriot Romney and capitalist Bain.
seriously--where's the answer? show me the jobs. show me the data. This is no answer, tool.

do you have any fucking CLUE what Bain does? And when you talk about job creation--we're talking net, of course.

and AMERICAN jobs matter, don't they? or do you just cover your eyes and plug your ears when approached with factual data? I mean...if you actually cared about creating AMERICAN jobs, I expect you wouldn't harp on about this.

Of course...maybe that's why you refuse to investigate the facts, because you have some suspicions that the truth will hurt?
 

classy

Lifer
Oct 12, 1999
15,219
1
81
All this job creator stuff is complete bullshit.

The real job creators are the middle class. Without people buying your crap no hiring is done. Demand is the real job creation catalyst. Without the middle class you don't have demand.
100% correct, the middle class is the only class that buys and supports the entire system 100% of the time.
 

JoeyP

Senior member
Aug 2, 2012
386
0
0
All this job creator stuff is complete bullshit.

The real job creators are the middle class. Without people buying your crap no hiring is done. Demand is the real job creation catalyst. Without the middle class you don't have demand.
What enables the middle class to create jobs when they are facing demand?
 

zinfamous

No Lifer
Jul 12, 2006
105,041
19,752
136
What enables the middle class to create jobs when they are facing demand?
...government subsidies through small business grants so entrepreneurs can afford to start their businesses?

...relaxed interest rates that encourage banks to create competitive loans? You know--money that these entrepreneurs never had, and need to get started (did they build that money?)

...the tax payer-created infrastructure that all businesses depend upon to allow their operations to continue?

curious: How many of these job-creating young business folks created the internet, how many of them run it? How many of them went out there and built the federal interstate system? How many corporations lease their property from the vast swathes of government-owned land?

what about the coal and metal industry that, thanks to some antiquated legislation from the early 19th century, make off like bandits by paying only $5 per acre for government-leased land?

wait wait wait...what did these guys "build?"
 

CountZero

Golden Member
Jul 10, 2001
1,797
36
86
Not really surprising is it? I mean any self centered, self interested wealthy business leader would be a moron to vote for Obama. He clearly doesn't buy into trickle-down whereas Romney is more than happy to cater to the top earners. More interesting would be wealthy business leaders that support Obama.

Also the private sector (you know the one that business leaders run) has grown quite a bit under Obama, it is the public sector that has shrunk.
 

Munky

Diamond Member
Feb 5, 2005
9,379
0
76
All this job creator stuff is complete bullshit.

The real job creators are the middle class. Without people buying your crap no hiring is done. Demand is the real job creation catalyst. Without the middle class you don't have demand.
Lefty bullshit. It doesn't take a lot of ingenuity, risk, and effort to consume crap. Hell, with predatory lending, you don't even need money to consume crap.

The real job creators are the people who had a business plan and put the time, money and effort to make that plan a reality. There is plenty sheep around to consume the crap, as long as it's the kind of crap they want or need.
 

OneOfTheseDays

Diamond Member
Jan 15, 2000
7,052
0
0
Lefty bullshit. It doesn't take a lot of ingenuity, risk, and effort to consume crap. Hell, with predatory lending, you don't even need money to consume crap.

The real job creators are the people who had a business plan and put the time, money and effort to make that plan a reality. There is plenty sheep around to consume the crap, as long as it's the kind of crap they want or need.
All that ingenuity is for naught unless there is a market for your product.

That is the major problem with our economy today, consumer demand is low. This is why supply side, aka trickle down, economics is a bad medicine for our economy at this point in time. All it will succeed in doing is blowing up the deficit even further.
 

Juddog

Diamond Member
Dec 11, 2006
7,851
1
81
Big batch of rich folk slam Obama for wanting to raise taxes on the top 1% while slashing taxes for the middle class - big surprise!

This is kind of like that ultra rich lady in another country who owned a bunch of mining operations and was complaining that the miners were getting paid too much.
 

Munky

Diamond Member
Feb 5, 2005
9,379
0
76
All that ingenuity is for naught unless there is a market for your product.

That is the major problem with our economy today, consumer demand is low. This is why supply side, aka trickle down, economics is a bad medicine for our economy at this point in time. All it will succeed in doing is blowing up the deficit even further.
There is always a market for the right kind of product. Even with the slow economy, people are still lining up to buy the latest iGadget and spend additional money for the iGizmo apps and accessories. The consumers are not doing the business any favor, they are simply following their wants and needs.
 

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