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  1. Standard membervivify
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    22 Sep '18 02:31
    https://abcnews.go.com/Business/story?id=4690197&page=1

    And that's "on top of a three-year plan to cut 10,000 jobs".

    Thank God for those tax cuts, huh?
  2. Standard memberwittywonka
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    22 Sep '18 02:32
    Originally posted by @vivify
    Thank God for those tax cuts, huh?
    I'm so tired of winning.
  3. Standard membervivify
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    22 Sep '18 02:331 edit
    http://laborpress.org/att-broken-promises-on-american-jobs/

    Before the Republican tax plan passed, AT&T CEO Randall Stephenson pledged that if the tax cut passed, the company would spend $1 billion in capital expenditures and create at least 7,000 jobs. Instead, the company has eliminated over 7,000 jobs. The company’s latest quarterly earnings report reveals nearly $10 billion in profits was used for stock buybacks rather than factory upgrades or adding employees.
  4. Standard membervivify
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    22 Sep '18 07:071 edit
    https://www.forbes.com/sites/eriksherman/2018/04/08/sorting-through-jobs-numbers-and-the-promise-of-the-tax-cut/#588bbe74f94c

    The proffered reason for the tax cut passed last December that went into force January 1, 2018 was investment. The power of increased profits would fuel spending on jobs and capital.

    So far, most of the money has gone to share buybacks to help boost stock prices


    So much for that "trickle-down economics".
  5. Subscriberdivegeester
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    22 Sep '18 07:34
    Originally posted by @vivify
    https://abcnews.go.com/Business/story?id=4690197&page=1

    And that's "on top of a three-year plan to cut 10,000 jobs".

    Thank God for those tax cuts, huh?
    Every company in the world bar none, wants to cut jobs.
  6. Joined
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    22 Sep '18 13:13
    Originally posted by @vivify
    https://abcnews.go.com/Business/story?id=4690197&page=1

    And that's "on top of a three-year plan to cut 10,000 jobs".

    Thank God for those tax cuts, huh?
    AT&T is a GLOBAL company.

    "Even with the reductions announced today, we expect our head count overall to remain stable this year as we hire additional employees to support growth areas like wireless and TV," said spokesman Michael Coe."
  7. Standard membervivify
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    22 Sep '18 15:07
    Originally posted by @mott-the-hoople
    AT&T is a GLOBAL company.

    "Even with the reductions announced today, we expect our head count overall to remain stable this year as we hire additional employees to support growth areas like wireless and TV," said spokesman Michael Coe."
    "AT&T said the job cuts — affecting its wireline telephone business mostly in the United States"
  8. Joined
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    22 Sep '18 17:08
    Originally posted by @vivify
    "AT&T said the job cuts — affecting its wireline telephone business mostly in the [b]United States"[/b]
    Mostly, not solely. Ans it is employees that don't have the high tech knowledge necessary to do the job. Did you notice where qualified employees will be hired?
  9. Joined
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    22 Sep '18 17:12
    Originally posted by @vivify
    "AT&T said the job cuts — affecting its wireline telephone business mostly in the [b]United States"[/b]
    'When it announced the acquisition of BellSouth in 2006, it has said it would cut 10,000 jobs over three years from the combined company to eliminate overlap.'

    Do you understand employee overlap when acquiring a business?
  10. Subscriberdivegeester
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    22 Sep '18 20:20
    Originally posted by @divegeester
    Every company in the world bar none, wants to cut jobs.
    3 thumbs down, weird.

    It’s as though cost cutting and efficiency drives are somehow alien to business.
  11. Standard membervivify
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    22 Sep '18 20:411 edit
    Originally posted by @divegeester
    3 thumbs down, weird.

    It’s as though cost cutting and efficiency drives are somehow alien to business.
    You missed the point by a mile. The point is the bulls--t spit out by the GOP about how tax cuts benefiting the rich (at the expense of everyone else) were supposed to help create jobs, is an utter failure.
    It was from the start.

    And that's mainly because this was never about job growth. The tax cuts were always about Republicans bowing to their corporate masters.
  12. Joined
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    23 Sep '18 13:38
    Originally posted by @vivify
    You missed the point by a mile. The point is the bulls--t spit out by the GOP about how tax cuts benefiting the rich (at the expense of everyone else) were supposed to help create jobs, is an utter failure.
    It was from the start.

    And that's mainly because this was never about job growth. The tax cuts were always about Republicans bowing to their corporate masters.
    ummm...record job growth ring a bell?
  13. Subscriberdivegeester
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    23 Sep '18 13:41
    Originally posted by @vivify
    You missed the point by a mile. The point is the bulls--t spit out by the GOP about how tax cuts benefiting the rich (at the expense of everyone else) were supposed to help create jobs, is an utter failure.
    It was from the start.

    And that's mainly because this was never about job growth. The tax cuts were always about Republicans bowing to their corporate masters.
    What about Democrat “corporate masters” I.e. democrat bosses of big firms?
  14. Standard membervivify
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    23 Sep '18 14:311 edit
    Originally posted by @mott-the-hoople
    ummm...record job growth ring a bell?
    https://www.nytimes.com/2018/06/01/business/economy/jobs-report.html

    The "record job growth" is on a streak of 92 consecutive months. That's over 7 years.

    You know what that means, don't you? I'll spell it out. The 7 year record of job growth we're currently in started under Obama, and is continuing because of his policies.

    Let me spell it out even more: Trump's been president for only a year and a half. This means that the rest of the 5 1/2 years of "record" job growth was under...

    wait for it.....

    Obama.
  15. Standard membervivify
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    23 Sep '18 14:451 edit
    Originally posted by @divegeester
    What about Democrat “corporate masters” I.e. democrat bosses of big firms?
    What about them?

    It's Republicans who are rolling back regulations (and bragging about it) that ensure ethical and safe business practices, just so their corporate masters can earn more profits.

    Just look at the EPA, like when Trump-appointed Scott Pruitt rolled stopped a ban on Pesticides found to cause brain cancer in children. This was after meeting with a CEO of the same company that makes that same pesticide.
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