Business leaders rave about Trump after meeting promising massive regulatory cuts

[WVPATX]

So these CEO's are either very,very naive (and not nearly as smart as those of us on this board) or they believe Trump when he says he is going to greatly improve competitiveness through massive regulatory cuts.

http://www.thegatewaypundit.com/201...ve-meeting-president-trump-white-house-video/

 

[WVex-pat in GA]

So these CEO's are either very,very naive (and not nearly as smart as those of us on this board) or they believe Trump when he says he is going to greatly improve competitiveness through massive regulatory cuts.

http://www.thegatewaypundit.com/201...ve-meeting-president-trump-white-house-video/

Well of course they are. But what cuts, when and where and how will they affect the American worker; you know, the one Trump said he was giving the government back to? You can make a bunch of regulatory cuts and only benefit corporate America for the better, line their pockets and not do a thing for the American people as a whole.

There's two sides to every equation, and there's no getting around that. If you do one thing on one side it has an affect on the other side. Just depends on which side you stand on.

I'd LOVE to see American businesses be more competitive, but at what cost? Here's an example for you: There are no TV sets made in America any more, haven't been for years. One of the world's largest producers of TV sets, Samsung (a South Korean company) actually produces some of those TVs in Mexico from components sourced from all over Asia; they arrive on containers in Mexican ports daily and are shipped to factories throughout Mexico. They are assembled, boxed and shipped to stores all over North America, many of them Walmarts.

One of Walmarts best selling Samsung 50" smart TVs sells for $447.00; pretty good price. If that TV set where made in America, totally and not from any imported parts (because those are bad trade deals and we're going to eliminate those too) what do you think that TV would sell for?

 

[JMichael]

You miss the point. All CEO's would want zero govt. regulations. Regulations are put in place to protect the public, workers, economy etc. Does that make all regulations good. It does not. However regulations can be good things. Example is that in certain work areas regulations require HARD HATS. That is a good regulation. So it is hare to "jump for joy" if you do not know what regulation on is taking about.

 

[WVPATX]

Well of course they are. But what cuts, when and where and how will they affect the American worker; you know, the one Trump said he was giving the government back to? You can make a bunch of regulatory cuts and only benefit corporate America for the better, line their pockets and not do a thing for the American people as a whole.

There's two sides to every equation, and there's no getting around that. If you do one thing on one side it has an affect on the other side. Just depends on which side you stand on.

I'd LOVE to see American businesses be more competitive, but at what cost? Here's an example for you: There are no TV sets made in America any more, haven't been for years. One of the world's largest producers of TV sets, Samsung (a South Korean company) actually produces some of those TVs in Mexico from components sourced from all over Asia; they arrive on containers in Mexican ports daily and are shipped to factories throughout Mexico. They are assembled, boxed and shipped to stores all over North America, many of them Walmarts.

One of Walmarts best selling Samsung 50" smart TVs sells for $447.00; pretty good price. If that TV set where made in America, totally and not from any imported parts (because those are bad trade deals and we're going to eliminate those too) what do you think that TV would sell for?

First of all, you're 100% wrong. The following TV's are made in America:

Olevia, Silo Digital, Phillips Magnavox, Panasonic and Vizio. Some are Japanese like Panasonic with the major part of their assembly in Malaysia, but some in the U.S. Sharp is a U.S. company but also has operations in Japan.

A few other key points. When American businesses do well, our economy does better. With Trump's tax cutting, regulatory cutting, repatriation of profits, businesses will have more capital available to them. Most businesses want to grow, which means more jobs. Public companies in particular need to grow to satisfy Wall Street expectations and maintain a good stock price.
With all this stimulus plus Trump's jawboning about creating jobs in America, I think we see a big boost in jobs and our economy.

 

[Airport]

Having 60 year old women paying for maternity care in their health ins is an example of a bad regulation.

 

[WVMade]

When American businesses do well, our economy does better. With Trump's tax cutting, regulatory cutting, repatriation of profits, businesses will have more capital available to them. Most businesses want to grow, which means more jobs.

********. American big business is doing just fine, it's the American worker that's not, and NO, most businesses want to grow profit. not just "grow". You don't have a clue what you're blathering about.

As of 2015, the average CEO makes 335.1 times the amount an average worker brings home each year, according to AFL-CIO’s PayWatch.

“Our economy allows the rich to get richer,” “Startup businesses can be easily taken over or squashed by big companies.”

 

[WVPATX]

********. American big business is doing just fine, it's the American worker that's not, and NO, most businesses want to grow profit. not just "grow". You don't have a clue what you're blathering about.

As of 2015, the average CEO makes 335.1 times the amount an average worker brings home each year, according to AFL-CIO’s PayWatch.

“Our economy allows the rich to get richer,” “Startup businesses can be easily taken over or squashed by big companies.”

Gee, Obama was in office for 8 years and didn't fix the salary issue? How do you propose fixing it?

Secondly, Wall Street, wants to see top line revenue growth. I have seen many, many companies stock fall even with increased EPS because they missed on the top line number. They will even sacrifice some small EPS changes for top line growth. And American big business is doing fine because of very cheap money supplied by the Fed and becoming much more proactive though the use of rightsizing and technology.

You don't know the market very well at all.

 

[Original Mountaineer1]

So these CEO's are either very,very naive (and not nearly as smart as those of us on this board) or they believe Trump when he says he is going to greatly improve competitiveness through massive regulatory cuts.

http://www.thegatewaypundit.com/201...ve-meeting-president-trump-white-house-video/

Yes Pax.....brilliant. What business leader isn't thrilled with less or no regulation. One of the benefits is less expenses right? Therefore, high profits right?

No reason to add costs to an automobile by adding a seatbelt...... (personally I don't wear a seat belt on most occasions)

 

[Airport]

Yes Pax.....brilliant. What business leader isn't thrilled with less or no regulation. One of the benefits is less expenses right? Therefore, high profits right?

No reason to add costs to an automobile by adding a seatbelt...... (personally I don't wear a seat belt on most occasions)

Since the passage of the ACA, businesses have never been more adverse to adding workers. The cost of the aCA to business is ridiculous. Adding workers is a cost but the cost of the ACA was exponential. Business has been sitting out hiring in hopes that the ACA will be reversed. If congress and Trump make hiring easier, business costs go down, then I think there could be a change. People have to have more money to spend.

 

[atlkvb]

First of all, you're 100% wrong. The following TV's are made in America:

Olevia, Silo Digital, Phillips Magnavox, Panasonic and Vizio. Some are Japanese like Panasonic with the major part of their assembly in Malaysia, but some in the U.S. Sharp is a U.S. company but also has operations in Japan.

A few other key points. When American businesses do well, our economy does better. With Trump's tax cutting, regulatory cutting, repatriation of profits, businesses will have more capital available to them. Most businesses want to grow, which means more jobs. Public companies in particular need to grow to satisfy Wall Street expectations and maintain a good stock price.
With all this stimulus plus Trump's jawboning about creating jobs in America, I think we see a big boost in jobs and our economy.

Don't forget also PAX that as energy costs are reduced from our expanded uses of domestic energy sources (coal, natural gas, oil, nuclear etc) the costs for manufacturing will also be reduced...which will mean lower prices for finished goods and services (like those T-V's)

Growth in the energy sector alone will create thousands of better paying jobs, which will further drive growth. We will also experience increased economic activity as taxes are lowered, and more private money begins circulating through the private economy between consumers and businesses creating or producing goods and services that people need, want, and desire.

We will have more choices, at lower prices, in greater quantity, with more disposable incomes which means more jobs and future expanded economic opportunities for everyone.

Good times.

 

[WVPATX]

Yes Pax.....brilliant. What business leader isn't thrilled with less or no regulation. One of the benefits is less expenses right? Therefore, high profits right?

No reason to add costs to an automobile by adding a seatbelt...... (personally I don't wear a seat belt on most occasions)

This is beneath you. No one is saying to cut seat belts. We are saying to get rid of regulations that are unneeded, unwarranted, no longer useful, doesn't pass a cost/benefit analysis, etc.

Why do libs always resort to extremes to try and make your case. If you want to keep all of our current regs, just say so, but don't resort to rather infantile arguments.

Yes, cutting regs improves business bottom lines, especially small businesses where most of the hiring occurs. Let's say a company makes more money. What do they do with that money? Raise wages? Good for the economy with more disposable income, right? Raise dividends, again good for the economy. Grow the business, again good for the economy. Pay more in taxes, certainly good for our Treasury. Not sure why you seem to opposed to higher corporate profits.

What we don't want is companies hoarding profits overseas. Bring them back, as Trump has proposed and let them pay a one time 10% fee. They win, we win.

Why didn't Obama try this. It may bring in an additional $300B to the Treasury.

 

[WVPATX]

Don't forget also PAX that as energy costs are reduced from our expanded uses of domestic energy sources (coal, natural gas, oil, nuclear etc) the costs for manufacturing will also be reduced...which will mean lower prices for finished good and services (like those T-V's)

Growth in the energy sector alone will create thousands of better paying jobs, which will further drive growth. We will also experience increased economic activity as taxes are lowered, and more private money begins circulating through the private economy between consumers and businesses creating or producing goods and services that people need, want, and desire.

We will have more choices, at lower prices, in greater quantity, with more disposable incomes which means more jobs and future expanded economic opportunities for everyone.

Good times.

From reading many liberal posts, they absolutely hate businesses. They hate corporate profits. They don't seem to recognize just how valuable to the country these profits are and how stimulative to our economy. Business is not the enemy. Corporate profits are not the enemy. That money is going somewhere and is stimulative. I just don't understand the liberal mindset on business.

 

[WVex-pat in GA]

First of all, you're 100% wrong. The following TV's are made in America:

Olevia, Silo Digital, Phillips Magnavox, Panasonic and Vizio. Some are Japanese like Panasonic with the major part of their assembly in Malaysia, but some in the U.S. Sharp is a U.S. company but also has operations in Japan.

A few other key points. When American businesses do well, our economy does better. With Trump's tax cutting, regulatory cutting, repatriation of profits, businesses will have more capital available to them. Most businesses want to grow, which means more jobs. Public companies in particular need to grow to satisfy Wall Street expectations and maintain a good stock price.
With all this stimulus plus Trump's jawboning about creating jobs in America, I think we see a big boost in jobs and our economy.

So I found your source document on the Internet and the problem is that 1.) it is dated and some of those companies don't build sets here any more, 2.) you once again failed to read the post correctly, avoiding the statement "...If that TV set where made in America, totally and not from any imported parts..." 3.) you contradict Fearless Leader since he was the one who made that statement in February of 2016, which was validated by PolitiFact who rated his statement as True. Here's the article: http://www.politifact.com/virginia/...donald-trump-says-us-doesnt-make-tvs-anymore/

So which is it? Don't you believe The Donald and what he tells you?

 

[atlkvb]

From reading many liberal posts, they absolutely hate businesses. They hate corporate profits. They don't seem to recognize just how valuable to the country these profits are and how stimulative to our economy. Business is not the enemy. Corporate profits are not the enemy. That money is going somewhere and is stimulative. I just don't understand the liberal mindset on business.

It is perplexing. Who doesn't like more $$$$$$$? What gets me is why so many of them believe the Government has to spend it or distribute it through our economy before we do?

Where do they think the Government gets the money from? Who does it belong to? Who earns it? Who creates the jobs? Who dictates the growth? Who generates the wealth? How can anything be "redistributed" unless it is first earned or created? Why don't they trust free markets? What works better?

It is a stifling amount of economic ignorance or outright deliberate preference for State control over our private economy. Either way, it just doesn't add up or work.

 

[WVPATX]

So I found your source document on the Internet and the problem is that 1.) it is dated and some of those companies don't build sets here any more, 2.) you once again failed to read the post correctly, avoiding the statement "...If that TV set where made in America, totally and not from any imported parts..." 3.) you contradict Fearless Leader since he was the one who made that statement in February of 2016, which was validated by PolitiFact who rated his statement as True. Here's the article: http://www.politifact.com/virginia/...donald-trump-says-us-doesnt-make-tvs-anymore/

So which is it? Don't you believe The Donald and what he tells you?

https://www.bloomberg.com/news/arti...on-more-tv-sets-are-being-made-in-the-u-dot-s

Article from 2014. Sure, parts are imported, but some TV's are absolutely made in the U.S. Some car parts are made overseas as well, but that doesn't mean we don't make cars. And Trump is not talking about this kind of trade. He is taking about closing factories in the U.S., moving the manufacturing somewhere outside the U.S. and selling back into the U.S. market. Far different than buying parts to serve a manufacturing base in the U.S.

 

[WVPATX]

It is perplexing. Who doesn't like more $$$$$$$? What gets me is why so many of them believe the Government has to spend it or distribute it through our economy before we do?

Where do they think the Government gets the money from? Who does it belong to? Who earns it? Who creates the jobs? Who dictates the growth? Who generates the wealth? How can anything be "redistributed" unless it is first earned or created? Why don't they trust free markets? What works better?

It is a stifling amount of economic ignorance or outright deliberate preference for State control over our private economy. Either way, it just doesn't add up or work.

The point is, those profits go somewhere. They grow the business which is good, more jobs. They raise wages, again good. They raise dividends, again good. They are taxed, again good for the Treasury.

Libs think it is either support for government or support for business. Without business, there is no government because we have no way to pay for government.

 

[atlkvb]

Without business, there is no government because we have no way to pay for government.

Why is this fundamental chronology so difficult for Leftists to understand?

Fascinating.

 

[WVPATX]

Why is this fundamental chronology so difficult for Leftists to understand?

Fascinating.

And the libs supporting massive government regulations is startling. It's as if they want a government as large and intrusive as possible, perhaps because they truly believe that business is evil.

 

[Airport]

Why is this fundamental chronology so difficult for Leftists to understand?

Fascinating.

Remember, you didn't build it, leftist did.

 

[atlkvb]

It's as if they want a government as large and intrusive as possible, perhaps because they truly believe that business is evil

This. Without question. They admit it. They don't trust businesses, they don't trust the wealthy, they really don't even trust us to make our own private decisions because we may be racist, sexist, homophobes who don't care about women, minorities or anything else except our own selfish religiously intolerant Christian homophobic anti-choice selves.

 

[atlkvb]

Remember, you didn't build it, leftist did.

Big Government did, don't you know?

 

[Airport]

It is perplexing. Who doesn't like more $$$$$$$? What gets me is why so many of them believe the Government has to spend it or distribute it through our economy before we do?

Where do they think the Government gets the money from? Who does it belong to? Who earns it? Who creates the jobs? Who dictates the growth? Who generates the wealth? How can anything be "redistributed" unless it is first earned or created? Why don't they trust free markets? What works better?

It is a stifling amount of economic ignorance or outright deliberate preference for State control over our private economy. Either way, it just doesn't add up or work.

it is our money, not theirs.

 

[WVex-pat in GA]

https://www.bloomberg.com/news/arti...on-more-tv-sets-are-being-made-in-the-u-dot-s

Article from 2014. Sure, parts are imported, but some TV's are absolutely made in the U.S. Some car parts are made overseas as well, but that doesn't mean we don't make cars. And Trump is not talking about this kind of trade. He is taking about closing factories in the U.S., moving the manufacturing somewhere outside the U.S. and selling back into the U.S. market. Far different than buying parts to serve a manufacturing base in the U.S.

Only Vizio has a negligible market share in the US, the others are small-time niche players in a very large market.

But I digress, the issue is that while business may be jumping for joy over what The Donald might do, and we would save a 3% excise tax against the ACA potentially, he is speaking to one audience about one thing (American workers) and speaking to a different audience in a completely different way (Business) to the potential detriment of the first audience. That's one problem I have, that and the lack of any defined programs on how to accomplish his outlandish statements.

 

[moe]

And the libs supporting massive government regulations is startling. It's as if they want a government as large and intrusive as possible, perhaps because they truly believe that business is evil.

I guess it's your wish to be thought of as a crazy person because you keep making posts like this. Your wish was granted a long time ago.

 

[WVPATX]

Only Vizio has a negligible market share in the US, the others are small-time niche players in a very large market.

But I digress, the issue is that while business may be jumping for joy over what The Donald might do, and we would save a 3% excise tax against the ACA potentially, he is speaking to one audience about one thing (American workers) and speaking to a different audience in a completely different way (Business) to the potential detriment of the first audience. That's one problem I have, that and the lack of any defined programs on how to accomplish his outlandish statements.

My God, he has been in office 3 days. Wait. Let the polices be fleshed out. Read the proposed bills? Then react. But wailing over broad statements is jumping the gun by quite a bit. Let's actually see which regs are eliminated/changed. Let's see what taxes really are. Let's see our actual energy legislation or executive orders.

Libs are jumping the gun. Obama made outlandish statements as well. All Presidents do. Patience is a virtue.

 

[WVex-pat in GA]

My God, he has been in office 3 days. Wait. Let the polices be fleshed out. Read the proposed bills? Then react. But wailing over broad statements is jumping the gun by quite a bit. Let's actually see which regs are eliminated/changed. Let's see what taxes really are. Let's see our actual energy legislation or executive orders.

Libs are jumping the gun. Obama made outlandish statements as well. All Presidents do. Patience is a virtue.

And I hope it DOES work. I don't like the outlandish statements made by any politician. And I will never drink the KoolAid. I check things out for myself and using a broad scope of available resources make my own decisions. But I want to see the programs first! Save the boasting for Melania.

 

[WVPATX]

And I hope it DOES work. I don't like the outlandish statements made by any politician. And I will never drink the KoolAid. I check things out for myself and using a broad scope of available resources make my own decisions. But I want to see the programs first! Save the boasting for Melania.

Or Michele? You claim independence, somehow your comments all steer in one direction. That's ok. Just admit it.

 

[countryroads89_rivals]

I guess it's your wish to be thought of as a crazy person because you keep making posts like this. Your wish was granted a long time ago.

He is a nut. A stupid nut. Never listens to reason nor facts.

 

[WVex-pat in GA]

Or Michele? You claim independence, somehow your comments all steer in one direction. That's ok. Just admit it.

Libertarian.

 

[WVPATX]

I guess it's your wish to be thought of as a crazy person because you keep making posts like this. Your wish was granted a long time ago.

And you seem to protest any downsizing of government. You seem to prefer government control. Just drawing logical conclusions.

 

[atlkvb]

Libertarian.

Do you know what is an "Aleppo"? (Gary Johnson asked during an interview)

 

[WVPATX]

He is a nut. A stupid nut. Never listens to reason nor facts.

I don't think racists like you should be casting stones. How is that liberal thought plantation working so far?

 

[WVPATX]

Libertarian.

So, you want smaller government. Less government intervention. Free markets. Lower taxes. Lower regulations.

 

[WVex-pat in GA]

Do you know what is an "Aleppo"? (Gary Johnson asked during an interview)

LOL, not his best day for sure.

 

[WVex-pat in GA]

So, you want smaller government. Less government intervention. Free markets. Lower taxes. Lower regulations.

Exactly, but I also want it done the right way. Look, this whole thing is about 75% cuts in Federal Regulation. My opinion is that 75% cutting is detrimental to the protections that should be afforded to all Americans. It is an outlandish statement with no way to back it up.

Libertarians believe that the EPA should be done away with. But, the plan comes with empowering the individual states to have the control over the environmental issues that impact them along with making individual landowners and corporations directly responsible for their own environmental transgressions.

You've heard the saying, "... don't come to me with a problem without a potential solution..." Well that's all I'm asking for. So far I have heard no specific solutions.

 

[WVPATX]

Exactly, but I also want it done the right way. Look, this whole thing is about 75% cuts in Federal Regulation. My opinion is that 75% cutting is detrimental to the protections that should be afforded to all Americans. It is an outlandish statement with no way to back it up.

Libertarians believe that the EPA should be done away with. But, the plan comes with empowering the individual states to have the control over the environmental issues that impact them along with making individual landowners and corporations directly responsible for their own environmental transgressions.

You've heard the saying, "... don't come to me with a problem without a potential solution..." Well that's all I'm asking for. So far I have heard no specific solutions.

I read an article just today on eliminating the EPA for the most part and sending it to the states. Do you know how many regs would be impacted? I like this move. I also would do the same with Department of Education. Maybe the Department of Energy. More stuff should be moved to the states. They are much, much closer to the issues and one size does not fit all in a country as large and complex as ours.

Again, he is 3 days in. Patience. Wait. Then when we have specifics, we can debate. Name any President that had all the specific details laid out by day 3? The answer, none.

 

[WVex-pat in GA]

I read an article just today on eliminating the EPA for the most part and sending it to the states. Do you know how many regs would be impacted? I like this move. I also would do the same with Department of Education. Maybe the Department of Energy. More stuff should be moved to the states. They are much, much closer to the issues and one size does not fit all in a country as large and complex as ours.

Again, he is 3 days in. Patience. Wait. Then when we have specifics, we can debate. Name any President that had all the specific details laid out by day 3? The answer, none.

Now we're getting closer. There is absolutely no need for a Federal Dept of Education, this is a state issue. Energy, maybe a scaled down version.

 

[atlkvb]

You've heard the saying, "... don't come to me with a problem without a potential solution..." Well that's all I'm asking for. So far I have heard no specific solutions.

I'm trying to give it a "kiss" (keep it simple stupid)

What's needed? What works?

Anything else and everything else...get rid of it!

 

[WVPATX]

Now we're getting closer. There is absolutely no need for a Federal Dept of Education, this is a state issue. Energy, maybe a scaled down version.

We have reached consensus. Move as much to the states as possible. I think the Feds should get out of the minimum wage business. Let the states decide. Mississippi is far different than NYC. So many areas where we can downsize the feds and deliver services much closer to where the people live.

 

[atlkvb]

eliminating the EPA

. I also would do the same with Department of Education. Maybe the Department of Energy. More stuff should be moved to the states.

We should make these priority. Devolution. Decentralization. Federalism. State's rights. Block grants.

Local control. Reduce, reform, replace. Get mean, get lean. Put taxpayers in control, get rid of bureaucracy and bureaucrats.

Go Trump.