Originally Posted by tony286

Actually they dont tax the snot out of companies, google paid like 4% in taxes with all the loopholes . You make great points but its not unions and pensions. Its the chinese willing to work for 30 cents an hour and the chinese government manipulation of the currency so its even cheaper to manufacture in china. Also in 1980 the avg CEO was paid 42 times the avg worker,now it's 531 times the avg worker. That money has to come from somewhere.
You would have to make it too expensive to build things out of the country. You would have to do monster tariffs and that's not going to happen. Rich people dont create jobs demand creates jobs, middle class spending is a big part of the economy. I dont think its coming back, 9 percent unemployment is going to be the new normal .This was a long time coming.
One more thing to think about they said all the same exact talking pointd when Clinton raised the rate 3 percent. Job killer,etc ,etc and there was great prosperity. The 50's things boomed and the highest tax bracket was 90 percent.