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US workers to fill shortages in Australia
It seems Aussies will do their part to help the US solve its unemployment problem, it is just we don't just want any old yank, we'll take those who are trained, continuing a long tradition of inviting skilled workers to build our nation
Yup... if I was a young worker and could not get a job in the gas and oil Bakken fields ,I'd be looking to go to Australia or perhaps Bangalore India . This week ,with Japan lowering it's taxes ,the US has the highest corporate tax rates in the industrial world.. Change we can believe in?? Maybe when Romney is elected we'll have a President who understands the economy.
Where do I sign up?? =-)
Come here first and then apply to have your qualifications recognisedQuote:
Originally Posted by Gernald
Tom Tax isn't the problem, you have to earn money to pay tax, this sort of thinking is backwards. Even if you paid no tax at all it wouldn't have made any difference. Japan is on the end of a twenty year low, which shows that when you are down and then you have a tsunami your thinking has to change. So when are you having your tsunami?Quote:
Originally Posted by tomder55
Look it is simple you have priced yourselves out of the market, two possibilities, take a wage cut, or better still allow your currency to depreciate at $0.50 you will become competitive again, hell, it worked for us and now we have full employment and our dollar is worth more than yours and it solves the problem you have with the value of the Renimbi
yeah the dollar value is a huge problem... but you can't ignore taxes and regulations that is killing our competitveness. We have the highest corporate tax rates in the industrial world . You can't tell me that doesn't have an effect.
In my profession Tom there is an adage, Tax shouldn't drive the business. So if you want have competitive advantage over another country tax can be a factor, but the factor in your nation right now is demand. For new businesses to start up they need assurance of market and at the moment right around the world growth is slow or stagnant and the same is true of existing businesses increasing activity. A change in the tax rate will change expectation and move the stock market but if you really want to stimulate growth think about changing the environment for corporate loans. Sometimes a state bank is a useful tool but neither of us have one so we have to convince the banks it is good business to take risks, something they are reluctant to do. You should note Tom you are among the lowest personal taxers in the world and the highest government deficit, this should tell you something. It isn't working. You need a good dose of Greek austerity. Ie; lower wages, higher taxes, pay down debtQuote:
One study, by the Organization for Economic Cooperation and Development [OECD], concluded American corporations paid an effective tax rate of about 24 percent. That was slightly less than the average for the 34-nation OECD coalition that promotes global economic advancement.
We are seeing dreadful statistics here on retail sales but our answer isn't to cut the corporate tax rate. One answer is to stimulate the economy by getting projects off the ground that are stymied for lack of skilled labour, to import skilled workers
Not to hijack this post but what part of raising taxes on the poor/lower tax brackets and cutting taxes on rich guys even more help the economy? Haven't we had enough legalised stealing?Quote:
Originally Posted by tomder55
Sorry about that Clete, but don't you have your own workers to train? The Asians are closer, so are Indians, and Africans.
We also have the most profitable corporations in the world at the current tax rate. Hey aren't you guys always saying we should be like those other nations, or would the goal be to legalise sweat shops here, like they have there?Quote:
Originally Posted by tomder55
I fully agree with this Clete, but this,Quote:
QUOTE by paraclete;
In my profession Tom there is an adage, Tax shouldn't drive the business. So if you want have competitive advantage over another country tax can be a factor, but the factor in your nation right now is demand. For new businesses to start up they need assurance of market and at the moment right around the world growth is slow or stagnant and the same is true of existing businesses increasing activity. A change in the tax rate will change expectation and move the stock market but if you really want to stimulate growth think about changing the environment for corporate loans. Sometimes a state bank is a useful tool but neither of us have one so we have to convince the banks it is good business to take risks, something they are reluctant to do.
Austerity won't replace investments, just ask the British, so we disagree about the lower wages thing all together, but I must give you credit when you write things like this,Quote:
You should note Tom you are among the lowest personal taxers in the world and the highest government deficit, this should tell you something. It isn't working. you need a good dose of Greek austerity. Ie; lower wages, higher taxes, pay down debt
The right wing hates people working hereQuote:
We are seeing dreadful statistics here on retail sales but our answer isn't to cut the corporate tax rate. One answer is to stimulate the economy by getting projects off the ground
So invest in education of the working class. That's what should be happening in Greece, investments in the unemployed, and actually doing some much needed work. I think you have to grow out of economic downturns with some smart, targeted investments, aimed at a steady stream of revenue returns, as you recover.Quote:
that are stymied for lack of skilled labour, to import skilled workers
We would be growing faster if we forget extractionist right wing policy and invest in growth, education, and some partnering in needed projects. Heck we may have to import workers just to get that done ourselves.
Don't tell Tom, he doesn't believe in growing by investing in people, he likes rich guys and corporations to decide who works, and who doesn't, so we sit.
Ok Tal on one level I can agree taxation is theft, however if you are going to have a government you are going to pay for it. Income tax is a relatively recent concept, government was once paid for with poll taxes and exise. I agree that taxation should fall heaviest on those who have the ability to generate income and wealth but all should pay something. So the system we have is perhaps fairer that earlier systemsQuote:
Originally Posted by talaniman
Tal, you may be surprised to learn that asia and africa are no more a pool of skilled labour than is my own dear land. Our development is outstripping our ability to train the labour we need, and the manual trades are no longer attractive since we lost manufacturing, besides we have standards of competency and that is a two edged sword. We have 5% unemployment, after you take the indigenous out of the statistics we certainly already have full employment
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