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United Automobile Workers of America (UAW)

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Comments

  • gagricegagrice San DiegoPosts: 29,027

    Looks like the State of Nevada has out-porked even the UAW. Each job that *may* be created by Tesla will cost the Nevada taxpayer $78,000 per job in tax breaks. These jobs may not be new jobs either, but more likely jobs that move from one state to another. Oh, and Tesla doesn't pay school taxes either.

    Seems like the american taxpayer gets to choose who extorts them---corporations or unions.


    But some of our friends like Rocky don't believe it is possible to spend too much money on the Green agenda. Even if most of it ends up in billionaire pockets. I see it all as corporate welfare that will never likely benefit the middle class tax payer.

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,050
    Oh I think "green" will pay off but we are talking longterm here. There's a massive new industry ready to be built around 'green'---it's going to be the Next New Thing to drive the 21st century.

    But not tomorrow morning :)

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  • marsha7marsha7 Posts: 3,674
    edited September 21
    But even if the jobs come from another state, IF the company succeeds, I think it will repay Nevada manyfold for the $78,000 per job it may cost up front...it may be the only way for a company to bring jobs to Nevada other than casino jobs...yes, it is still a gamble (no pun intended), with taxpayer money (altho Nevada has no state income tax, so does the money come from sales taxes and casino taxes???)...and it may cause other support industries to move to Nevada...

    After all, a number of gun manufacturers are leaving their home states (the anti-gun states like NY and others) to move to pro-gun states like TX, AZ and others...if those states are giving the companies incentives to move, bringing skilled folks like gunsmiths may be an improvement over say, the opening of another McDonalds, which will only give us more burger flippers (and after six months of training, they can move up to fries...a la Eddie Murphy/Louis Anderson in Coming to America)...
  • robr2robr2 BostonPosts: 7,857
    Keep in mind that the incentives are in tiers. Tesla isn't getting the entire $1.5 billion up front. They will be awarded the incentives as they reach milestones and in reality they aren't being handed money. The incentives are based on real estate and corporate tax waivers.
  • fintailfintail Posts: 33,813
    I'd like to see a credentialed nonpartisan economic analysis of the subsidies. It still kind of resembles goofy American reverse socialism, at least on the surface. And overall, trickle down theory has worked so well. It'd be nice if it works, but I don't know if it is "manyfold", anyway.
    marsha7 said:

    But even if the jobs come from another state,.

  • tlongtlong CaliforniaPosts: 4,756
    fintail said:

    I'd like to see a credentialed nonpartisan economic analysis of the subsidies. It still kind of resembles goofy American reverse socialism, at least on the surface. And overall, trickle down theory has worked so well. It'd be nice if it works, but I don't know if it is "manyfold", anyway.

    marsha7 said:

    But even if the jobs come from another state,.

    You may very well be correct that trickle down doesn't work (at least the way in which it has been implemented, but the current evidence is far form a proof since you can't run the experiment both way - i.e., you don't know what would have happened in the alternative scenario. That's why drug trials are double-blinded. Unfortunately we can't do that with a nation's economy.

    And nice to hear from you again!
  • gagricegagrice San DiegoPosts: 29,027
    You may very well be correct that trickle down doesn't work (at least the way in which it has been implemented, but the current evidence is far form a proof since you can't run the experiment both way - i.e., you don't know what would have happened in the alternative scenario. That's why drug trials are double-blinded. Unfortunately we can't do that with a nation's economy.

    And nice to hear from you again!



    Trickle down has all but been shut off by Keynesian QE and TARP. It starts at the top and stays there. No more trickle down for US lowlifes. Thank you Liberal Oligarchs.
  • fintailfintail Posts: 33,813
    I am correct. It doesn't work. Every application of it has not produced the desired results, in fact, they've only enabled the chasm to grow via hoarding. By the rest of it, there is really proof of nothing in life. But escaping from the semantics of experiment/hypothesis methodology , it hasn't worked. We're 30 years into the experiment now. Fail.

    And nice to see you again, too :)

    I don't see QE or TARP as greatly impacting failed tax theories. We were yet again sold a bill of goods. Thanks again, so-called right.






    You may very well be correct that trickle down doesn't work (at least the way in which it has been implemented, but the current evidence is far form a proof since you can't run the experiment both way - i.e., you don't know what would have happened in the alternative scenario. That's why drug trials are double-blinded. Unfortunately we can't do that with a nation's economy.

    And nice to hear from you again!

  • tlongtlong CaliforniaPosts: 4,756
    And how well has the UAW produced good jobs for the "working man"? Pretty good for a few decades, but then the unsustainability of that little organization finally caught up with it!
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