Talk of The Villages Florida - View Single Post - Don’t let anybody tell you that it’s corporations and businesses that create jobs
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Old 10-26-2014, 07:13 PM
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Quote:
Originally Posted by Sandtrap328 View Post
Thanks, got it.

Well, the speaker of the quote was absolutely right. Trickle-down economics has been tried and it failed miserably. Corporations that take their profits offshore and outsource their labor overseas are not helping America.

Listen to the entire speech instead of just 13 words and you just might come away with some insight on what was said.

Too many people just listen for a tiny phrase of what was said and try to make that sound like the speaker does not have a clue instead of listening to the entire explanation of what was said.
Major shareholders of corporations that go offshore are union pension funds, who along with other shareholders push public companies for more and more profit. These same shareholders also push corporate boards to reward executives who put shareholder interests ahead of the actual company. I think many anti-corporate people need to look a little closer to home for blame, like into your own pension structures.
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