Ukraine: North Stream 3?

Oct 16, 2022 Last reply: 2 years ago 67 Replies

On Thursday, 20 October 2022 at 19:02:51 UTC-7, John Larkin wrote: ...

Your viewpoint has been severely distorted by the bribe in the form of a corporation tax reduction.

Would you actually like Trump managing your company, given his very poor track record?

It was even worse when he had power over the whole country.

Many would disagree that his policies were sensible or good:

Tariffs for example, are a very blunt tool and are equivalent to a tax on a country's own population. They were especially foolhardy for the US when applied to raw materials. Many hundreds of companies were put out of business. Even larger, established, ones such as Whirlpool suffered significantly.

kw

Companies are mobile. They move where they can be more efficient, or they are killed by companies that are more efficient. That effect is now global.

The best corporate tax rate is zero. It keeps local companies local, creates jobs, helps the balance of trade.

There is no reason to be jealous of corporate profits. Corporations don't have feelings.

Tax consumption, not production.

I'd guess he's not a very good EE.

He did good stuff. You just don't like him so can't be objective.

Feelings overpower reason in most people.

They always use a bigger warhead, just to be sure.

Joe Gwinn

On Friday, 21 October 2022 at 11:38:12 UTC-7, John Larkin wrote: ..

Which he then proceeded to destroy by artificially increasing the cost of their raw materials putting them at a disadvantage to competitors in other countries.

So what's the reason for the dozens of other companies bearing his name that failed?

They didn't require him to be a good EE.

As you seem to be demonstrating.

The majority of Trump's businesses failed. Many of those that didn't fail only survive through unethical practices that hurts other individuals, other businesses or the country as a whole.

That is hardly a good recommendation to be president regardless of any personal feelings.

kw

He didn't destroy mine, so maybe I'm prejudiced.

We have raw materials here in the USA. Reducing taxes and regulations on US mining and refining companies helps them compete.

Biden wants to spend billions to bring semi fab back to the USA. That's liberal economics, spend and do more. It never occurs to them to do less.

Texas does less, so companies move from New York and California to Texas. Then, I guess, to Ireland and Aruba and China.

Or maybe bad steel and concrete and a pressure pulse or something. I guess it's barely possible that one pipe failed and the shock wave took out another.

Russian steels isn't that bad, and they do know how to weld.

The pipe shown id 48" in diameter, and the walls are a few inches thick. Not fragile.

And three pipe breaks all in the same area. From the maps I've seen, I don't think the breaks are close enough to one another for one explosion to cause more than one break.

People are looking for the missing pipe. We shall see.

Joe Gwinn

Nobody anywhere is very good at maintaining pipelines. Just the instrumentation end of it to figure out what might be broken is formidable.

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