Economics

Discussion in 'Clean Debate Zone' started by P@triot, Jul 31, 2012.

  1. uscitizen
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    uscitizen Senior Member

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    Congress IS the ultimate union.
     
  2. masoric
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    masoric an Individual

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    I'm a big Milton Friedman fan. He had a very interesting concept about how money is spent in general, and the best ways to spend it.

    1) A person spends their own money on themselves: they are very careful about how much they spend, and they are very careful about the value they receive in return for their spending.

    2) A person spends their own money on someone else: they are very careful about how much they spend, but they are much less concerned about the value received in return for the spending.

    3) A person spends someone else's money on themselves: They are not so careful about how much they spend, but they make certain they get something great (Like buying lobster dinner on the company credit card)

    4) A person spends someone else's money on someone else: They're not so careful about how much they spend, and they're also not very careful about what they get for that money.

    Of course ALL government spending falls into the 4th category. It's the least efficient way to spend money. Right now ~25% of GDP falls into this category (despite taking in only ~19% of GDP in tax revenues).

    It's so logical at such a fundamental level that it shouldn't be any surprise at all that so many governments are in debt trouble and so many economies are flat.
     
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  3. Vidi
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    Vidi CDZ prohibited

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    You do realize your source is the UBER Right Wing Heritage Foundation right?

    http://www.heritage.org/about/board-of-trustees

    http://www.heritage.org/about/staff?positions="Senior+Management"&srmgt=true

    Ultra right wing multinational businessmen telling you theres no sucking sound, dont worry, go about your business, nothing to see here.

    And we should take their word for it?

    http://www.forbes.com/sites/susanadams/2011/04/19/jobs-at-big-u-s-firms-move-overseas/
    http://abcnews.go.com/WNT/story?id=129553&page=1
    http://www.usatoday.com/news/opinion/forum/2011-05-17-Multinationals-send-jobs-overseas_n.htm
    http://www.pbs.org/newshour/bb/business/jan-june04/jobs_3-11.html
    http://mystateline.com/fulltext-news?nxd_id=342462
    http://www.halfsigma.com/2010/09/tech-jobs-moving-overseas.html

    the above links say no.
     
    Last edited: Aug 1, 2012
  4. P@triot
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    P@triot Platinum Member

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    " When the private sector doesn't spend, the public sector must." - more Communism from Joe Steel. Seriously Joe, admitting you're a Communist is step #1.

    The fact is, only a Communist believes they have the right to force somebody to spend. And only a Communist believes that the "public sector must spend". That's just pure Communist ignorance. The public sector's ONLY focus should be fiscally responsible, spending ONLY on the bare necessities. The only reason the private sector doesn't spend is because of the government communist meddling that you keep advocating. Seriously, Cuba is waiting for you Joe. Go enjoy your Communism first-hand...
     
  5. uscitizen
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    uscitizen Senior Member

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    The U.S. actually leads the world in manufacturing. Yes, you read that correctly. We produce 21 percent of global manufactured products, while China comes after at 15 percent. According ot the National Association of Manufacturers, “manufacturing supports an estimated 17 million jobs in the U.S.—about one in six private sector jobs.”

    At the end of WW2 we led the world with over 50% of manufacturing.
     
  6. P@triot
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    P@triot Platinum Member

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    Consumer need to be FREE to do as they see fit. So tired of the liberal mantra of centralized planning and control (ie Communism)

    Dollar devaluation spurs misery and failure (God almighty where do you get your insane ideas about economics?!?!)

    Get both government and unions the hell out of the equation. The free market will perfectly and flawlessly balance itself - especially with wages. A person will be paid exactly what they are worth when unions, regulations, etc. stop mucking everything up.

    Of course - the only liberal solution is more taxes. Here's an idea - how about earth shattering tax breaks for businesses that keep jobs here in the US? The reason we outsource is because liberals have imposed the highest corporate tax rate in the WORLD and that is strangling our businesses. Offer businesses a 98% tax break for jobs kept here and I guarantee you that 100% of the jobs would stay here. Obviously, that's an extreme example but it's necessary to illustrate to the liberals who can't think beyond communism and control policies.
     
  7. uscitizen
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    uscitizen Senior Member

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    bullshit! the main reason we offshore jobs is because of cheaper labor costs.
     
  8. P@triot
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    P@triot Platinum Member

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    Which is necessary because of the taxes and regulation costs that are strangling our businesses.
     
  9. uscitizen
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    uscitizen Senior Member

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    Look at a business is their labor costs or their regulation compliance and taxes higher?

    Labor was about 70% of the costs in my business.
     
  10. ConservaDerrps
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    ConservaDerrps BANNED

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    Strangling our business? Which business? Mom and pop/Small business? They wouldn't be the ones outsourcing; they're not big enough to need to do it. The truth is that outsourcing is done for one reason: saving money on labor. I have real-world experience in management at a company that chose to outsource about 45 jobs of an entry level/data entry persuasion simply because it was GOBS cheaper than paying Americans minimum wage.

    Businesses that outsource aren't being strangled. They're just looking to squeeze more out of their margins.
     

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