Caller's friends think Republicans "better for businesses"
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- เผยแพร่เมื่อ 25 พ.ค. 2024
- -- Caller has friends who think Republicans are better for business
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#davidpakmanshow #republicans #economy
Small businesses do much better in blue states.
False
So F'in FALSE. 😲😳
@UK1uno do you have any sources to back up your claim?
this is the problem with monopoly on rhetoric. it doesn't match reality.
Yes, business and greed is the #1 quality in the USA. We treat businesses with kid gloves over here. Heck, you can make 700 billion profit, pay no taxes, and still get over 400k refund from the government like General Electric did last year.In Germany, you pay more taxes, have free healthcare etc., therefore why not come here to do your biz. You’re welcome.
Trump MAGA favors BIG corporations NOT small businesses.
Democrats shutting down all small business while leaving wal mart open during lockdowns really helped small businesses
Lie
Then why do small businesses overwhelmingly favor Trump??
Trump wants all self employed people to have to work under a corporate umbrella
@@bugsy9007, Apparently you're referencing small businesses that don't want to pay livable wages to their employees. 💙
I’d rather have customers then with money than no regulations and no customers.
The real job creators are the common people with money in their pockets to spend, not millionaires and billionaires buying over priced luxury goods.
Actually if they did buy overpriced luxury goods it wouldn't be as bad cause then at least the money goes back into the economy. However most billionares hoard the money in tax havens leaving it to just sit there. Taking money from the rich and giving it to the poor boosts the economy because the poor spend far more of their money which boost the economy. That's why giving money to the poor in the form of welfare is a major economic boost while giving money to the rich in the form of tax breaks is an economic negative. One spends it which means the economy grows and the other just puts it on a pile which does nothing.
Also the argument that the rich need money to make investments is just plain false. One of the biggest innovations of capitalism and the main reason it was so successful is credit. You can take out credit to make investments with money that you don't have yet. Credit grows an economy cause it creates real wealth from imagined wealth. Making investments out of pocket doesn't create much wealth cause you are losing wealth to do it.
Millionaires & billionaires create TONS of jobs. Thats just a fact. The common people with money in their pockets it’s what keeps the economy flowing. Under Biden’s administration, a massive portion the population have it worse today then let’s say 2019. So much harder too to save as much money today as they were able to under Trump. Thats a fact for most.
Republicans are only good for oligarchs. Just today I figured that one of the most pro-small business tax regulations about averaging income was restricted only to farmers and fishermen in 1986 (Reagan era). Indeed, if you are a small business owner you have sometimes years of losses or investments in your business and then a year of good profit, averaging income for at least 3 or 5 years would really help. But no, Reagan doesn't want to help, only big businesses need help because they trickle down. I got the news - for the last 40 years, Reaganomics failed to trickle down anything. It destroys the middle class and it destroys the only motivation for the business to expand. Businesses don't expand because it has money, they expand if they find a market.
The supply-side economy is modeled from the USSR economy with no market. It was a monopolist economy and the government poured lots of funds to make it prosper, depriving people of the choice or money to buy and it never grew. Reaganomics is the same!
Democrats killed small businesses with covid lockdowns and they wanted to stay locked down longer if republican states didn't open up and show Democrats how dumb lockdown were
The stock market just hit all time highs. Meanwhile, regular people struggle to afford gas and groceries. Now it makes sense why America's wealthiest, excluding Elon, vote Democrat.
@@ricardocabeza6006 Elon Musk supports Trump very obviously because he hopes for a corrupt government with crony capitalism. Republicans always were bad for small businesses. They cut taxes for the wealthy and increased taxes for the middle class. Any small business or self-employed could average taxes before 1986. It helps if you have inconsistent income as many startups or small businesses do.
Biden managed anti-COVID inflation faster and better than any other country in the world. At the same time, we created many jobs, reducing unemployment, and giving a huge leverage for wage negotiation. Only a lazy person could say that Biden did nothing for the common people, only a person that doesn't want to work can say that!
Vote Biden!
@@ricardocabeza6006
@@ekaterinaponizovskayadevin2812 Don't bother, ricardocabeza twists facts to suit his own narrative.
How is it possible to even think that.
Because that's the message the GOP has been sending out for decades.
When did TH-cam comment bots get so CRINGE? Thanks for nothin' Ai!!!
Right? Way too much fem booty. Variety is the spice of life. Start getting some man buns and banana hammocks in those pfps.
TH-cam sucks
Small businesses are dying bc it's way cheaper to buy online. Period. I shop 85% online for groceries, gifts, clothes and shoes.
People who insist "republicans are better for business" are the same people who are apt to say DJT is a "businessman." Dumb!
The irony in Your comment
This is why America's wealthiest, excluding Elon, vote Democrat. Just look at how the stock market is at all time highs. But, let's just ignore the fact regular people struggle to afford gas and groceries.
Coming from Clark that's saying something!!
@@ricardocabeza6006 We don't struggle to afford gas and groceries. That's something the right made up becuase by all rational standards the US is much, much better off with Democrats in power.
And yet he owns 500 businesses and is a billionaire.
Someone needs to show the evidence
Sell your vote? How sick is that?
Democrats have been selling votes since 2020, letting illegals into the country. Republicans are shutting that nonsense down.
Business owner here. We received a small EIDL loan that we are repaying now. It was a real lifesaver for the business. Thank you President Biden.
They are absolutely correct.
If your business is crime.
For many, it is.
For construction and excavation, I have yet to see small company (
As a small business owner, i can say with 100% authority that Democratic policies benefit me FAR more than what Republicans are proposing. Healthcare rates alone would cripple a small business without programs like Medicaid, which Trump and the GOP want to defund.
But also in a market free-for-all the strongest always win. So without regulations small business is pretty much at the mercy of big business. Just like how before the rule of law farmers were at the mercy of feudal lords.
Who is forcing small businesses to pay for healthcare...? Oh yeah, that was democrats. All while they promised you universal healthcare.
@@ricardocabeza6006 It's not that they can't pay for it so it's weird you bring that up.
What makes life difficult for small business is the unregulated nature of the American economy. That means small business exist almost entirely at the mercy of big business and corporate raiders. Germany has a thriving small/middle business sector because they enjoy explicit protection from hostile buyouts and noncompetitive strategies. The US used to have these too but Ronald Reagan abolished them.
In an unregulated market small business will always lose to big business even if they have a superior product because they just don't have the market power or corporate leverage to compete with non-competitive strategies and can't muster up the capital to protect themselves from hostile buyouts.
That's also why those protections were put in place so that small business could compete with big business on the merits of their products and services and couldn't be sabotaged behind closed doors.
@@ricardocabeza6006 Employment bound healthcare does suck though for workers which is the main reason it's there. It was actually a republican idea that they got in because of how weak the Obama administration was.
@@MrMarinus18 I didn't bring that up... Try reading the OP's comment again.
Also, the ACA was passed in 2010 when Democrats had a supermajority... They weren't weak at all, quite the opposite actually.
David nailed it, reason why trickle down economy doesn't work is there is only so much the rich can spend that would benefit the wider economy.
Trickle down is great for yacht makers but also there is so many yacht any single person would need.
Doesn't Betsy devos have 6?
Less regulation, less taxes...they are.
At present, i get to treat myself only once a month because i don't have the extra cash, it makes sense that people spend more when they have more
I see David has discovered Korean corn dogs! Yummy!
Japadog rules!
Obviously, not being in a recession is MUCH better for businesses, and the last 2 GOP presidents BOTH put us into recessions where lots of people lost their jobs - and it was Democrats who came in and pulled us out of them.
Democrats shut the country down, forced small businesses to close, during the pandemic...What are you talking about lol.
Remember when you said everyone needs to stay home because of a virus....? That's what put us into the last recession. Did you forget about that?
@@ricardocabeza6006
@@ricardocabeza6006 No Brainiac. If we didn't have the lockdowns business would have done worse becuase your employees and customers dying seriously cuts into profit margins.
The last recession was forced.. the recession in 2008 was caused by democratic policies. Repeal of glass steagal and unlimited loan program through Fannie Mae and Freddie mac. Both recessions were caused by democrats and blamed on republicans. Inflation was caused by Biden, which is destroying lower income earners
My business is doing great under President Biden’s administration, when the pandemic hit I almost lost my job in a small business because of Trump , here in Texas big corporations fast food are inflating and benefiting from gauging prices at gas stations and grocery stores
Remember when people like you said everyone needs to stay home because of a virus? That's why you almost lost your job in a small business.
@@ricardocabeza6006
@@ricardocabeza6006 No Brainiac. If we didn't have the lockdowns business would have done worse becuase your employees and customers dying seriously cuts into profit margins.
Thank you, completely coherent bot!
@@ricardocabeza6006remember when a million Americans died from Covid? It was a difficult time and it was almost impossible to find the right balance between lives and livelihood.
Excellent point David.
Just remember who welcomed and who fought Walmart coming into communities.
Clothes from Walmart that I've ordered are from outside vendors now. They're cheap and the quality sucks.
I wonder where they got the signs and markers...
main business model in red states, corner party store.
David 🏅🎉💙
Literally all of the evidence says the opposite.
My business has been doing great under Biden. A lot better than under Trump.
What type of business
@@rack9458 I have owned a computer business for 30 years, and it has been doing much better under Biden than it did under Trump; that is just a fact. And my brother owns a small construction company, and he is a Republican; he even admits Trump sucked for small businesses.
@@stephenludlum9746 Good for you guys. Sad you are in the minority
@@rack9458 We are not in the minority; we are just listening to the wrong people or can accept the truth that things are doing good.
@@stephenludlum9746 Can't speak for the computer business but construction has been down under Biden. New home starts and remodels have collapsed with the high interest rates
i thought to talk about Walmart.
This dude has like 4 different accents
Why are people so incompetent
factor is what type of small business might have difference. Like people that sell at farmers markets and CO-OP’s federal laws that made all that illegal! We know big business $ & laws have had damage. Like the people that say share a cow ,to raise & eat or the milk, or thing people make to sell like home made jellies, candys, food stuffs and sell at the farmers market, craft fairs ect, some places had cracked down, it’s small business / supplemental income. But the story of the couple that bought special goats or sheep from Ireland,permits & all , the Fed’s came in and raided them and killed their livestock, some they have confiscated everything associated with the violations , in those cases it’s Republican business money killing the competitors!! Also Republican & fees for vendors, like at the county fair & things like that. Pure greed!
FJB
If you ask, if the covet 19 pandemic response taught us one thing, nobody in Washington DC or state government doesn't care one bit about protecting small businesses. Of course I'm just going by what I've seen in my small city of Lexington KY and from what I've seen on News and articles I've read.
Everyone's situation is unique, and Red states did their level best to screw anyone who needed help, but all the small businesses I knew were taken care of during the pandemic.
You get an A in economics once again for me. I'm a historian and an economist.
Andreas, to add to what David provided you, regulations are usually put in place to protect lives. In Texas. Texas for instance. They are so proud of their lack of regulations, but then a snowstorm hits and because they didn't regulate their energy industries and they aren't attached to the rest of the nation's power grid, hundreds of people perished. So they blamed the deaths on green energy. However, that turned out to be a lie. It wasn't solar panels or windmills that failed. Keep in mind both exist in Antarctica. It was fossil fuel distribution and an energy grid that was not updated for cold weather.
Another example would be the Ford pinto, if you aren't aware of that issue, back in the '70s, Ford produced a car that needed a switch to turn off electricity in a catastrophic rear end impact. It was a dollar piece. It cost $1 which would be like what five bucks today. But there was going to be labor to change and insert that piece. Without it, a rear end collision would cause the fuel tank to burst into flames, but it would also jam the doors shut, so it became an incinerator for whoever was in the vehicle. They opted not to fix it because they realized it would be cheaper to pay off the victims.
That ended any presidential consideration for Lee iacocca whose name was on the memo.
Most of the time regulations are put into place to save lives.
As for why businesses do well in blue States and don't in red States, it simply comes down to income. In a blue State. You're more likely to have a higher minimum wage. That doesn't just create minimum wage jobs, it creates supervisors, managers, directors, and new businesses. Every time there's a significant increase in minimum wage, say going from $12 to $13 and then $14 6 months. After that, that increases the bottom quintiles economic impact.
When seatac and Washington DC increase their minimum wages to $15 an hour. I pointed out at that time that 6 months from the inception of the minimum wage increase, there would be a 25% drop in unemployment rate. Conservatives were arguing that those cities were going to lose businesses and it was going to cause job loss. So we were on opposite sides.
6 months after each one of them increase their minimum wage, both had a 25% or greater decrease to the unemployment rate. Both of them had an increase in businesses. Increased wages at the bottom always lead to job growth and business success. People spend money where they live. It isn't like increasing minimum wage in a community is going to get them to spend their money 100 miles away. They're going to spend the increased income in their community which will create more jobs. There isn't a single example in history of an increase to minimum wage causing job loss.
Thank you for being aware and for asking the good questions so that you are prepared to debate the people who continue to vote against their own best interest. And welcome to the states. Got to visit Germany 10 years ago and it was one of the best two week periods in my entire life.
Wow, so much misinformation here. Where to start.
On TX, you are looking at a very rare and extreme case. TX has had their own grid for years and they have been fine. They are still doing well. I live in TX and the people here are prepared for power outages. You did not have hundreds of people perishing as you claim. If you want to play that game look at California and their fires they face every year.
Next, on the Ford Pinto, Milton Friedman did a great breakdown on that issue. The reality is this, when you buy a Pinto you are buying a cheaper car and thus you are taking the risk. You can buy a Mack truck and know you are buying a much safer vehicle, but it will come at a higher price. You bring up regulations, well, those regulations lead to higher prices.
"When seatac and Washington DC increase their minimum wages to $15 an hour. I pointed out at that time that 6 months from the inception of the minimum wage increase, there would be a 25% drop in unemployment rate. Conservatives were arguing that those cities were going to lose businesses and it was going to cause job loss. So we were on opposite sides. "
Sigh.......you clearly do not understand economics. The reality is that the minimum wage set by the nature of the local economy was already at that point. As in people were already making $15/hr.
:You also mention the minimum wage a lot. You do know the actual minimum wage is $0/hr?
@@1987BillyBob That isn't correct, you get an F in economics. I'm an economist, I know what I'm talking about. There isn't a single, educated conservative in history.
@@1987BillyBob Texas is a klusterfuk, Meijer in poverty, hunger, high teen pregnancy, low education and despite having the world's largest oil supply are incapable of understanding the basic needs of their citizens nor their country. Conservatives are not educated, they don't understand or support the Constitution and none of them even support freedom.
fun fact
since 1990, the average GDP per capita of blue states has been significantly higher than that of red states. With swing states in between. At least up to 2018 (latest data analyzed).
Amusingly, the difference became statistically significant by the end of Reagan's "golden" era.
That is, if you want to promote economic growth, you should NOT be governed by republicans.
data source: US bureau of economic analysis
Now factor in cost of living and you get a completely different story.
@@1987BillyBob always amusing watching simple minds at work. The important is keep moving the goalpost.
If anything higher living cost is a consequence of a society generating more wealth.
And indeed, you should move to Russia then. You heard Carlson, everything is perfect there, and the cost of living is much lower than anywhere in the US.
@@USUG0 if you factor in cost of living California has the highest poverty rate in the US. This isn't moving the goal posts. It is being honest.
@@1987BillyBob The argument is about which party is better for business. And gdp per capita is not the equivalent of wages. That's is, you are moving the goalpost of the conversation. And California isn't the only blue state out there, anyway.
Provide a legitimate source of your claim, that is not some facebook page or right wing propaganda.
Listen to this man! Business people, you are hearing truth here! You will make MUCH MORE money with Biden as president. And your businesses will be safer! Yes, I am pro Biden, but... I also value FACTS over FEELINGS. These are FACTS. You want to be rich, business owners? Vote BLUE.
Those are opinions, not facts. You are just like the red hat people that swear their opinions are facts too.
@@ricardocabeza6006 absolutely right.honestly,both sides are getting further and further apart,which is no good for anyone.
If we don't find common ground,sooner or later somethings gonna give for the detriment of all.like everyone else,that's just my opinion but I can't see the west lasting too long while we're all so divided and blinded by both sides.
What? Small business is making far less under Biden.
@@ricardocabeza6006 Wrong. Those are long proven empirical facts.
@@rack9458 If that's true why did far more of them go under while trump was in office?
FIRST
This is so true, I did good under Trump. Once the minimum wage went up and the shady elections were coming, I sold everything and made a lot of money. 💰
I believe that red states have more African American citizens, leading to less money among potential consumers.
Wow... You are racist.
@@ricardocabeza6006
@@ricardocabeza6006 If that is racist then you don't have a clue what a racist is!
@@Brozius2512 Tell me more about how you agree that African American's are poor people...
😂😂😂😂 david you talk so much shite shoe the prof don't just say shite show your work
Wanna explain why people are fleeing New York and California for Texas and Florida, then? Wouldn't San Fransisco not be turning into a retail desert?
Here in Madison Wisconsin the largest killer of small businesses was the BLM riots of 2020 and the Covid lockdowns. Here, in my town many businesses closed during that period.
Same in Minneapolis. Most of the burned down businesses were minority owned and couldn't afford to rebuild.
You also find that kind of diversity-of-industry around well-educated or college towns (which are also more likely to be Democratic). That's why Fort Collins did so well during the Great Recession. A lot of diversity in industry.
I don't see how the pandemic lockdowns benefited small businesses. I know for a fact that many family small businesses such as restoraunts did not survive the lockdowns. Some had been open for many years. They just did not have the capital to survive. So how was Trump's miss management beneficial to small businesses?
My town might be an exception but during covid all of the restaurants actually thrived because people would order out and have the food delivered to them I know this cause I was a grubhub driver making a killing. But after 2020 things really slowed down cause of inflation.
You do know it was the democrats the shut down businesses?
@@1987BillyBob
@@Mikey-Boi-88 That never happened.
@@redrick8900 Yes it did. You can't tell me what happened in my town. I understand if it goes against your beliefs but that's the truth. During Covid-19 most restaurants adapted to delivering food so they used apps like Grubhub, Doordash, and Ubereats. I know this cause I used to Grubhub and most restaurants made through and actually did pretty well for themselves. Now like I said that just my experience and it could be the exception but telling me that it didn't just cause it makes your feelings feel doesn't change that facts but my town did good. Sorry would you like me to recommend a therapist to help you with your feelings? Thank you and stay safe.
ChynaAIbot pumping Dave up vs moscow republicans.
#ExcitingTimes
I got a small business I have to shut down because of the Trump with covid-19 now I'm back up 100% call Joe doing his jobs
Remember when republicans wanted to keep business open and people that watch David didn't?
@@ricardocabeza6006
@@ricardocabeza6006 I remember ignorant people getting people killed.
Democrats skyrocket taxes, fees, permitting and labor costs on small businesses in cities all across the country. They also don't punish theives who steal from businesses. I've seen many news segments about a single business getting robbed over and over again.
Wrong. Taxes for normal people are better under Democratic policies.
@@redrick8900 No, They are much lower under GOP policies. Don't lie.
@@X2LR8 why are you still lying?
When the borders r open it's easier to do business...
And if the border is still open, you can thank Republicans, who killed an (originally) bi-partisan bill, that would have, according to Joe Manchin, "hired 2,700 new U.S. Border Patrol agents and ICE officers and given them new authority, codified in law, that would allow them to remove single adults without a lengthy judicial review.
It would have ended catch and release, so individuals could not simply claim asylum and be released into the country for seven to 10 years.
It would have increased deportations, raised the threshold for asylum, and ended parole at the border.
... Just raising the asylum threshold and ending catch and release would have prevented about 1 million migrants with weak claims from being released into our country since Biden took office", and had the support of Border Patrol agents. Republicans killed it. _Twice_ . Because Trump didn't want Biden to get credit for it. Yeah, he really cares about America.
P.S. Who are the ones giving the people coming over the border the jobs? Or are they just "taking" them? They show up at places of business and are like, "gimme the job! Hand it over!" 🤣
What?
When you're trap is shut it's easier to look intelligent.
*America Runs on Trump* 🙋♂️🇺🇸
oh my god dude u need a boyfriend.
Trump messed up covid-19 close my business for 6 months because of trump
America runs AWAY from trump
Trump bankrupts everything he touches, the RNC is about to go down in flames
No it doesn't
"Stop killing small businesses."
As she wears a mask and presumably forces her customers to do the same lol.
Remember "private businesses can do what they want."
Yup, and customers can take their business elsewhere...Careful what you wish for lol.
If the Democrats would call off the war on oil, it would be a step in the right direction.
Are you aware there's been more drilling under Biden's administration than any other administration in history.
We're drilling more oil than under Trump, so in the short term there is no domestic war on oil. But there is no reliable long term future in oil given the Middle East plus Russia own the majority. No president, short of outright corruption with Iran, Russia, or Saudi Arabia, would be able to ensure gas prices remaining below $3. It's becoming a fantasy, like trickle down economics.
Moving toward renewavles to the extent practical is rhe way to go.
There aren't many countries that are allies/democracies other than the countries around the north sea.
So if we can move toward renewables. That lowers the profits that go to Russia and the arab countries, and lets up build the strategic reserve so that we can support allies during conflicts.
It also would lower pump prices in the US, which is what I presume is what really matter to you.
There is no war on oil, USA produces record amounts
Oil is not the future, just like coal is the past, it's just a natural progression of technology