Imagine what a 30% national sales tax would do to the economy. It would do the same that inflation that started to do. Dramatically cut back purchasing, which would reduce demand. Prices might fall, but not enough to offset the sale taxes. And as prices fall, they would put some businesses out of business. There would also be the collap…
Imagine what a 30% national sales tax would do to the economy. It would do the same that inflation that started to do. Dramatically cut back purchasing, which would reduce demand. Prices might fall, but not enough to offset the sale taxes. And as prices fall, they would put some businesses out of business. There would also be the collapse of state and local sales tax revenues, which would diminish those revenues well below the ability of state and local municipalities to deliver services. Services like road maintenance, police and fire. School districts would be reduced to total failure, lacking any resources to house, equip and staff an educational system. Our schools would be even worse than they now are in the south. Private schools for the wealthy would be the only education in America.
How is this a populist movement when the population is left stranded without adequate public services and impoverished?
It amazes me that US businesses would support any aspect of this. This reflects the southern planation and slave economy of the south where a handful of mega wealth plantation owners enjoy their total control of the population a d economy. With lesser poorer supporting characters take their wrath out on the rest of society, the slaves and the poor whites.
I worked in "US Businesses" my entire career. Three huge corporations.
What I saw there has now migrated to the US government.
What did I see??? White men from private schools getting promoted who could not add, subtract or think very well at all, BUT, had overweening confidence that they were all geniuses.
I will list two of those companies here: Kodak and Xerox. Both companies had a highly educated workforce that could do both research and development. Qualified Ph.D.s in engineering that COULD divide two numbers successfully. BUT, the management selection process was so poor, and rife with corruption, that the people RUNNING those companies could not find their way out of a wet paper bag on a warm summer day.
Every decision, every single one, was poor AND, worse, targeted at maximizing their bonus not making a good product.
Kodak is now gone, and Xerox is a tiny shell of its former self selling printers made in Japan where the management IS good.
We now have the same bunch of private school losers in charge of our government. Guys with overweening confidence who cannot divide 30/100 and come up with 0.3.
Amurca. I say we do away with Harvard and Yale. Look at the white men they are producing.
Kavanaugh. Bush I. Bush II. DeSantis. Cruz.
Dumber white men than the above simply do not exist. Harvard and Yale are giving us dumb and dumber.
Well, "ivy", that is, "English ivy" is a scourge of gardeners. It is basically a parasitic plant that grows extremely fast, takes over everything in no time, kills trees, edges out all other plants, and destroys brick and mortar masonry. It is every bit as bad as kudzu down here. There are neighborhood HOAs in Atlanta that now ban its use on properties. It's the vine of the devil! We've lost several trees in our backyard because of it--all from throwing away ivy clippings at the edge of the yard many years ago. You can't can't kill the stuff!!
Mike, I am a Harvard grad, and so is HCR. So you are pointing to a handful of Ivy grads that have chosen a very dark path. Elise Stefanik is in that camp.
I am familiar with the Kodak and Xerox stories. IBM was one of my clients. I saw what you are talking about there. But it also depended on the department with the company. Some in IBM were functioning quite effectively.
Not adapting to new technologies, economies and cultural norms as well as getting trapped in past successes, or perceived successes has doomed many sectors of our society from big to small businesses, government, political parties and religious practices. Nothing is safe from ignorance or lack of continual learning.
We shouldn't simply generalize that all of some large amorphous group are the problem. As an example, our healthcare system has serious problems, but that doesn't mean we should stop seeing doctors or taking recommended vaccines.
I’m sure there are great opportunities to learn from some smart people. My concern is how important the connections become. I had a great education at a public university. But it did not come with the connections that an Ivy degree does (money and power).
Perhaps those institutions should stay but disallow the Federalist Society from ever setting up shop there again. That would solve the problem as FS has propped up those schools forever.
Rather than do away with Harvard and its ilk, instead do away with preferential "legacy" student enrollment. If the kid of the (rich) Harvard grad can't make the GPA cut, no enrollment.
I went to Penn, so am I safe from being dumb and dumber? Gosh, sweeping generalizations were something we learned to recognize in high school, if my memory, weak as it is, still serves me...:)
Amazing how many examples of obtuse decisions have cause great corporate crashes. Long ago National Cas Register (NCR) dominated their market. When electronic systems started to emerge, they ignored them. Result NCR is a ghost. Sears had the biggest mail Order system. Their catalogs were prized. If they had changed to be like Amazon - before Amazon got big, Amazon could not have taken over their market. Government plays a role in defining the landscape, however it was the Corporate unenlightened response that caused their failure.
Mike. A friend of mine went to work as Kodak Rochester in 1968-69 when he graduated from Uof Illinois in Laser Research in Physics. We're you there then?
Mike. A friend of mine went to work as Kodak Rochester in 1968-69 whe he graduated from Uof Illinois in Laser Research in Physics. We're you there then?
It is painfully ironic that US founders rejected the European feudal system, yet many recreated an even more rapacious version of it as slave plantations.
I learned from HCR that the plantation owners wanted to pay only for infrastructure that would satisfy their immediate needs. Let others pay to improve roads or harbors, if they don’t need those for their own business at the moment. No forward thinking, no imagining future opportunities for anyone, not even themselves. That’s conservative, all right.
You are absolutely correct in your analysis of the outcome. Small businesses would fail, but some of the wealthy care no more about small business than they do about the "peasants". What they fail to see is that in the end run, they will lose too.
Imagine what a 30% national sales tax would do to the economy. It would do the same that inflation that started to do. Dramatically cut back purchasing, which would reduce demand. Prices might fall, but not enough to offset the sale taxes. And as prices fall, they would put some businesses out of business. There would also be the collapse of state and local sales tax revenues, which would diminish those revenues well below the ability of state and local municipalities to deliver services. Services like road maintenance, police and fire. School districts would be reduced to total failure, lacking any resources to house, equip and staff an educational system. Our schools would be even worse than they now are in the south. Private schools for the wealthy would be the only education in America.
How is this a populist movement when the population is left stranded without adequate public services and impoverished?
It amazes me that US businesses would support any aspect of this. This reflects the southern planation and slave economy of the south where a handful of mega wealth plantation owners enjoy their total control of the population a d economy. With lesser poorer supporting characters take their wrath out on the rest of society, the slaves and the poor whites.
David,
I worked in "US Businesses" my entire career. Three huge corporations.
What I saw there has now migrated to the US government.
What did I see??? White men from private schools getting promoted who could not add, subtract or think very well at all, BUT, had overweening confidence that they were all geniuses.
I will list two of those companies here: Kodak and Xerox. Both companies had a highly educated workforce that could do both research and development. Qualified Ph.D.s in engineering that COULD divide two numbers successfully. BUT, the management selection process was so poor, and rife with corruption, that the people RUNNING those companies could not find their way out of a wet paper bag on a warm summer day.
Every decision, every single one, was poor AND, worse, targeted at maximizing their bonus not making a good product.
Kodak is now gone, and Xerox is a tiny shell of its former self selling printers made in Japan where the management IS good.
We now have the same bunch of private school losers in charge of our government. Guys with overweening confidence who cannot divide 30/100 and come up with 0.3.
Amurca. I say we do away with Harvard and Yale. Look at the white men they are producing.
Kavanaugh. Bush I. Bush II. DeSantis. Cruz.
Dumber white men than the above simply do not exist. Harvard and Yale are giving us dumb and dumber.
My perception is that these exclusive schools no longer are about securing a good education, but about securing connections.
Hold it! Wasn’t it ALWAYS about that ? “Ivy League” was signaling “evergreen money group”
Well, "ivy", that is, "English ivy" is a scourge of gardeners. It is basically a parasitic plant that grows extremely fast, takes over everything in no time, kills trees, edges out all other plants, and destroys brick and mortar masonry. It is every bit as bad as kudzu down here. There are neighborhood HOAs in Atlanta that now ban its use on properties. It's the vine of the devil! We've lost several trees in our backyard because of it--all from throwing away ivy clippings at the edge of the yard many years ago. You can't can't kill the stuff!!
👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
Perhaps. Maybe my youthful optimism has been tempered over the years.
Precisely. And that system keeps the oligarchs and their puppets in charge.
Yep
Mike, I am a Harvard grad, and so is HCR. So you are pointing to a handful of Ivy grads that have chosen a very dark path. Elise Stefanik is in that camp.
I am familiar with the Kodak and Xerox stories. IBM was one of my clients. I saw what you are talking about there. But it also depended on the department with the company. Some in IBM were functioning quite effectively.
Not adapting to new technologies, economies and cultural norms as well as getting trapped in past successes, or perceived successes has doomed many sectors of our society from big to small businesses, government, political parties and religious practices. Nothing is safe from ignorance or lack of continual learning.
We shouldn't simply generalize that all of some large amorphous group are the problem. As an example, our healthcare system has serious problems, but that doesn't mean we should stop seeing doctors or taking recommended vaccines.
Thank you for sharing your experiences.
I’m sure there are great opportunities to learn from some smart people. My concern is how important the connections become. I had a great education at a public university. But it did not come with the connections that an Ivy degree does (money and power).
Perhaps those institutions should stay but disallow the Federalist Society from ever setting up shop there again. That would solve the problem as FS has propped up those schools forever.
Rather than do away with Harvard and its ilk, instead do away with preferential "legacy" student enrollment. If the kid of the (rich) Harvard grad can't make the GPA cut, no enrollment.
I saw the same thing
“ Every decision, every single one, was poor AND, worse, targeted at maximizing their bonus not making a good product.”
Quarterly reports, thats the horizon
I went to Penn, so am I safe from being dumb and dumber? Gosh, sweeping generalizations were something we learned to recognize in high school, if my memory, weak as it is, still serves me...:)
Amazing how many examples of obtuse decisions have cause great corporate crashes. Long ago National Cas Register (NCR) dominated their market. When electronic systems started to emerge, they ignored them. Result NCR is a ghost. Sears had the biggest mail Order system. Their catalogs were prized. If they had changed to be like Amazon - before Amazon got big, Amazon could not have taken over their market. Government plays a role in defining the landscape, however it was the Corporate unenlightened response that caused their failure.
Mike. A friend of mine went to work as Kodak Rochester in 1968-69 when he graduated from Uof Illinois in Laser Research in Physics. We're you there then?
Mike. A friend of mine went to work as Kodak Rochester in 1968-69 whe he graduated from Uof Illinois in Laser Research in Physics. We're you there then?
I think you sent the comment to the wrong person. I was never at Kodak.
You are right. Meant to send it to Mike S.
“A handful of wealth mega plantation owners enjoy the total control of the population… “. BINGO
It is painfully ironic that US founders rejected the European feudal system, yet many recreated an even more rapacious version of it as slave plantations.
I learned from HCR that the plantation owners wanted to pay only for infrastructure that would satisfy their immediate needs. Let others pay to improve roads or harbors, if they don’t need those for their own business at the moment. No forward thinking, no imagining future opportunities for anyone, not even themselves. That’s conservative, all right.
Yep!
You are absolutely correct in your analysis of the outcome. Small businesses would fail, but some of the wealthy care no more about small business than they do about the "peasants". What they fail to see is that in the end run, they will lose too.
Feudalism