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Re: Another 'Let them eat cake' Republican heard from...

By: oldCADuser in FFFT | Recommend this post (0)
Wed, 24 Aug 11 7:31 PM | 45 view(s)
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Msg. 32068 of 65535
(This msg. is a reply to 32062 by Decomposed)

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American corporations are ALREADY sitting on trillions in underinvested cash. If that was something which they would be motivated to do with any extra cash, why are they not doing that now?




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OCU


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The above is a reply to the following message:
Re: Another 'Let them eat cake' Republican heard from...
By: Decomposed
in FFFT
Wed, 24 Aug 11 7:04 PM
Msg. 32062 of 65535

OCU,

If, at $5/hour, lines of qualified applicants "wrap around the block," then $5/hour is what qualified workers are worth.

And no, I don't think the profits would go straight into the CEO's bonuses. The smarter companies would use the savings to expand the company and hire more people. The ones that blow their profits wind up being beaten up by better run competitors.


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