Skewering of Leftist Economic "Conventional Wisdom"

[whell]

Originally Posted by finnbow

I think this is yet another example of a corporate CEO's blowing smoke up Trump's ass so that he'll have a favorable impression of them as in the Carrier deal.

Oh yeah. Apple absolutely decided to invest billions and hire thousands just to please Trump. Shareholders be damned.

You guys are beyond delusional.

[finnbow]

Originally Posted by whell

Oh yeah. Apple absolutely decided to invest billions and hire thousands just to please Trump. Shareholders be damned.

You guys are beyond delusional.

Of course you're not bright enough to fully understand my comment. Companies are going to do whatever they feel they need to do to maximize shareholder wealth (per their fiduciary responsibility). What they'll also do is blow smoke at Trump to let him think he had something to do with it such that he goes easier on them in future transactions. The Chinese, Russians, Saudis and Filipinos understand this. Don't you think Apple does too?

[whell]

Originally Posted by finnbow

Of course you're not bright enough to fully understand my comment. Companies are going to do whatever they feel they need to do to maximize shareholder wealth (per their fiduciary responsibility). What they'll also do is blow smoke at Trump to let him think he had something to do with it such that he goes easier on them in future transactions. The Chinese, Russians, Saudis and Filipinos understand this. Don't you think Apple does too?

Of course, you're not bright enough to fully realize just how idiotic your comment was in the first place. To suggest that any significant part of Apple's calculation, or any company's calculation, to make investments totaling billions and the hiring of thousands as part of an expansion of their business was based on "pleasing Trump" is sheer lunacy. Hell, Apple's Tim Cook is a Dem. Seems like, at the very least, his MO would be to "resist".

Tell me, how many companies can you list that spent billions and hired thousands to in order to "blow smoke at Obama"?

[Chicks]

Originally Posted by whell

Tell me, how many companies can you list that spent billions and hired thousands to in order to "blow smoke at Obama"?

Obaba wasn’t a narcissistic little boy, unlike your Dear Leader. There was no need for flattery to curry favor so he didn’t fire off a dreaded tweet. CEOs are well aware of the idiocy and petulance of the current fake POTUS.

[whell]

Originally Posted by Chicks

Obaba wasn’t a narcissistic little boy, unlike your Dear Leader. There was no need for flattery to curry favor so he didn’t fire off a dreaded tweet. CEOs are well aware of the idiocy and petulance of the current fake POTUS.

So, Tim Cook, Apple's board of directors and Apple shareholders are so frightened of tweets that they'll spend billions just to try and avoid them?

Do you even listen to how deluded and idiotic you sound?

[finnbow]

Originally Posted by whell

Of course, you're not bright enough to fully realize just how idiotic your comment was in the first place. To suggest that any significant part of Apple's calculation, or any company's calculation, to make investments totaling billions and the hiring of thousands as part of an expansion of their business was based on "pleasing Trump" is sheer lunacy. Hell, Apple's Tim Cook is a Dem. Seems like, at the very least, his MO would be to "resist".

Tell me, how many companies can you list that spent billions and hired thousands to in order to "blow smoke at Obama"?

Once again, you don't understand my comment. Apple did what it did for its own reasons. It also blew smoke up Trump's ass for the same reason that Russia, China, Saudi Arabia, and the Philippines did.

[whell]

Originally Posted by finnbow

Once again, you don't understand my comment. Apple did what it did for its own reasons. It also blew smoke up Trump's ass for the same reason that Russia, China, Saudi Arabia, and the Philippines did.

Sorry, but correlations is not causation. Show me evidence that Tim Cook and company were somehow influenced by the need to "blow smoke up Trump's ass", other than your rabid idiocy, and I might reconsider.

In the meantime:

http://www.detroitnews.com/story/new...-3/1057158001/

Not necessarily huge dollars in this specific case, but I'll take it. On the other hand, its evidence how reductions in costs - in this case tax costs - filter back to consumers from corporations.

[finnbow]

Originally Posted by whell

Sorry, but correlations is not causation. Show me evidence that Tim Cook and company were somehow influenced by the need to "blow smoke up Trump's ass"...

Are you actually challenging the fact that Trump responds favorably to people who speak favorably of him and lashes out at those who criticize him? Really?

[Chicks]

Originally Posted by finnbow

Are you actually challenging the fact that Trump responds favorably to people who speak favorably of him and lashes out at those who criticize him? Really?

Lol. For a guy who swears up and down he’s not a Trump sycophant, Whell sure hates it when anyone disses his Dear Leader.

[whell]

Originally Posted by finnbow

Are you actually challenging the fact that Trump responds favorably to people who speak favorably of him and lashes out at those who criticize him? Really?

Where did I lose you, Finn? Do I need to type slower so you can follow along?

Frankly, I don't give a shit about Trump's interpersonal style, as you seem to be (re?)focusing on above. Here's our discussion for your review. Maybe this will help you understand.

Chickie said:

Originally Posted by Chicks

Apple Inc. announced a series of plans Wednesday that were celebrated as promises to hire thousands of workers and bring home all of its overseas cash.

Well, not necessarily.

https://www.marketwatch.com/story/ap...ash-2018-01-17

The Marketwatch article appears to want to parse the phrase "creating new jobs", suggesting that those jobs could be outside the US, or at other companies beside Apple.

Then you responded:

Originally Posted by finnbow

I think this is yet another example of a corporate CEO's blowing smoke up Trump's ass so that he'll have a favorable impression of them as in the Carrier deal.

So, you're trying to create some moral equivalence between a 700 jobs at Carrier being retained versus 20000 new jobs at Apple. Pretty big stretch, but hey, that's never stopped you before.

However, the Marketwatch article has lots of issues (dare I say fake news). Here's what CNBC says:

Apple said it's opening a new campus in the U.S. as part of a plan to pour billions of dollars into the domestic economy.

"The company plans to establish an Apple campus in a new location, which will initially house technical support for customers," Apple said in a statement Wednesday. "The location of this new facility will be announced later in the year."

The tech giant said more broadly that it plans to contribute $350 billion to the U.S. economy over the next five years.

Apple just finished $5 billion of renovations to its headquarters in Cupertino, California, and is now gearing up to expand its reach and its workforce.

So, contrary to Marketwatch, CNBC states that the jobs created will - either in full or in part - staff their new campus which has yet to be built but WILL be located in the US.

You said that all of this was simply "yet another example of a corporate CEO's blowing smoke up Trump's ass so that he'll have a favorable impression of them as in the Carrier deal."

You said it, I didn't. Whatever I think, or you think, about Trump's interpersonal communications, you're suggesting that Tim Cook and company are willing to spend billions to avoid having Trump mad at them. Sorry, the world isn't populated by snowflakes (like you?) who cringe and cower at the thought of someone saying mean things to them.