What you economic illiterates don't comprehend!

[healthmyths]

Your attitude regarding wealth and success tells anybody that's paying attention everything they need to know about you and the fact that the company that Steve Jobs created is the most valuable company in the history of the world tells anybody that's paying attention everything they need to know about him, of the two of you which one do you think society has a higher regard for?

Again, Steve did a very good job of taking credit for other people's work and collecting the benefits.... the question is, why do the rest of us tolerate that sort of thing?

I certainly hope for your sake that the taste of those sour grapes you love to chew on are worth the price of never accomplishing anything worthy of note.

I'm very proud of what I've accomplished. I served my country and was recognized for it. I started a business which has helped hundreds of people. And the one thing I've learned is that Capitalism is fucking evil and we should erradicate it from the face of the earth.

So your business was totally a socialist run operation where all the business decisions were handled by all employees equally well. And all risks of any NEW expenditures was shared by all employees. And you spread any profits out equally.

 

[JoeB131]

So your business was totally a socialist run operation where all the business decisions were handled by all employees equally well. And all risks of any NEW expenditures was shared by all employees. And you spread any profits out equally.

Well, my business is just me.

But if you want to argue that point, it seems to me that in your capitalist model, when things are bad, the worker bees are the ones who get laid off, lose their benefits and their pensions, while the Executives get Golden Parachutes.

When things go good, the Executives pay themselves big bonuses...

Sorry, man, that's still fucked up.

 

[KissMy]

Trump economy is losing! The USA lost a Million Jobs last month!

Boeing just lost a $77 billion in contract to Europe Airbus & Trump blessed European Bayer buying Monsanto! Biggest Losses in History! Socialist Europe is kicking the shit out of Trump economy!

 

[healthmyths]

So your business was totally a socialist run operation where all the business decisions were handled by all employees equally well. And all risks of any NEW expenditures was shared by all employees. And you spread any profits out equally.

Well, my business is just me.

But if you want to argue that point, it seems to me that in your capitalist model, when things are bad, the worker bees are the ones who get laid off, lose their benefits and their pensions, while the Executives get Golden Parachutes.

When things go good, the Executives pay themselves big bonuses...

Sorry, man, that's still fucked up.

Sorry man... but you are really f...kup!
And what would you suggest for the large companies like say IBM, or GE... you would have equal pay for everyone is that right?
Same pay for the guy who makes the decisions to hire 1,000s of people as to lay off 1,000s of people? Or wait you want a vote right?
So everyone votes for who should be laid off.
See what you are referring to is what has been tried in Venezuela, actually here in the USA with the early pilgrims and everyone starves to death.
You are benefiting today by using what evil capitalism has created... the internet which wasn't invented by your hero Al Gore.
You are benefiting today by being able to call anywhere or text anywhere in the world... because of evil capitalism.
Oh and by the way...

Let's just take ONE of your gross exaggerations!
"Next look at the wealth distribution in America since 1980. "
How many millionaires in 1980...
At the start of the decade, according to the IRS, 4,414 taxpayers reported that they had earned more than $1 million annually in adjusted gross income.
NUMBER OF U.S. MILLIONAIRES SOARS
As of the end of 2016, there were a record 10.8 million millionaires
So JUST ONE indicator: 1980... 4,414 taxpayers reported $1 million in gross income;
At the end of 2016... 10,800,000... What kind of ratio is that?
Population USA 1980 226.5 million and the ratio of millionaires to population: 1 millionaire for every 51,314 Americans
1980 Fast Facts - History - U.S. Census Bureau
Population USA 2016 326.9 million and the ratio of millionaires to population 1 Millionaire for every 30 Americans!
U.S. Population (2017, 2018) - Worldometers

So explain to me YOUR idiot remark about WEALTH distribution since 1980???
1980 1 millionaire for every 51,314 Americans!
2016 1 millionaire for every 30 Americans!

More importantly dumb f...k!
Gross domestic product of the world in 1500!

In 1500, China was the largest economy in the world, followed closely by India, both with estimated GDP's of approximately $100 billion. France was a distant third at approximately 18 billion, followed closely by Italy and Germany. What is now the United Kingdom ranked 10th, at barely one quarter the output of France (Figure 1).
500 Years of GDP: A Tale of Two Countries | Newgeography.com

Thanks to capitalism and the USA! USA $ 18 Trillion from ZERO

 

[JoeB131]

Sorry man... but you are really f...kup!
And what would you suggest for the large companies like say IBM, or GE... you would have equal pay for everyone is that right?

Not necessarily. However, everyone should make a living wage, and no one deserves to make a seven or eight figure salary.

You are benefiting today by using what evil capitalism has created...

No, I'm benefiting from the work of the progressive movement. Sadly, the GOP has been trying to dismantle it for the last 40 years.

 

[healthmyths]

Sorry man... but you are really f...kup!
And what would you suggest for the large companies like say IBM, or GE... you would have equal pay for everyone is that right?

Not necessarily. However, everyone should make a living wage, and no one deserves to make a seven or eight figure salary.

You are benefiting today by using what evil capitalism has created...

No, I'm benefiting from the work of the progressive movement. Sadly, the GOP has been trying to dismantle it for the last 40 years.

You know nothing that you post has ANY validity as you don't validate with links to your dumb ass personal, subjective statements.

Well while for the last 40 years that being 1977 I've been in the work force. I've worked as a union member and also management.
During that period the dow jones has grown from 831 to what it is today 23,289 a 2,703% increase.
Dow Jones Industrial Average History (DJIA / Dow 30)
During those 40 years DUE entirely to capitalism, I'm able to do research without going to the library, wasting time pouring through books, walking around trying to find information
when with a push of the enter key I have access to 1,286,046,845 web sites! Total number of Websites - Internet Live Stats
When I built my first website in 1995 with Webstar and 300baud modem access there were just 23,500 websites and 44 million users.
Am I a millionaire from this effort? NOPE! Gambled on several ventures and failed. BUT at least I took the chances and idiots like you decry these opportunities.
You lazy, selfish, truly ignorant people find it so much easier to blame capitalism.
Here is what the absence of capitalism and the socialists/progressive/communist world looks like today:

And another country that you obviously would like the USA emulate.

 

[JoeB131]

You know nothing that you post has ANY validity as you don't validate with links to your dumb ass personal, subjective statements.

Naw, man, I don't waste my time on your dumb links.

Well while for the last 40 years that being 1977 I've been in the work force. I've worked as a union member and also management.
During that period the dow jones has grown from 831 to what it is today 23,289 a 2,703% increase.

And how does that benefit most working people? Not a whit.

Here's the thing that most people should be concerned with.

YOu see, if you want to bring up Cuba, let's look at that... Before Castro overthrew our puppet, 75% of the land in Cuba was owned by foreign interests. The place was a den of prostitution.

Then the Cubans got fed up with it, and threw us out, and we've been punishing them like a Stalker punishes an ex-girlfriend.

 

[sartre play]

Actually, that's not true. Businessmen make that decision every day. They divert profit (which they could have taken and bought a new snowmobile) into investment - back into their own company every day.

And why do they do that? Because they don't get taxed on investing the money back into the company. Ergo, higher corporate income taxes encourage business investment to avoid those taxes on profits. So thanks for proving to everyone the exact purpose and justification for high corporate taxes.

But that's not the same thing as a businessperson closing their business before the end of the year because they made too much profit.

Now, there's a piece of perverted logic .... amazing.

Wrong, but amazing.

In 40 years of business, 31 as a business owner, I can honestly say that the only time taxes ever became an issue is when we were deciding where to relocate or build a new branch. I have never - and I mean, never - made a decision in which taxes was the deciding factor - to include how much profit will be declared each year. (In fact, taxes have nothing to do with profit determination - well, no more than the price of toilet paper in the headquarters building. They are a cost of doing business --- nothing more, nothing less).

I am continuously amazed at how little the average American knows about business. Your ignorance abounds.

We had 2 businesses for about 40 years and it sure did play a role for us. what kind of business did you have?

 

[KissMy]

Real average hourly earnings decrease 0.1% in October
11/15/2017

Real average hourly earnings decreased 0.1 percent in October, seasonally adjusted. Average hourly earnings were unchanged, and CPI-U increased 0.1 percent. Real average weekly earnings decreased 0.1 percent over the month.


CPI for all items increases 0.1% in October as shelter index rises
11/15/2017

In October, the Consumer Price Index for All Urban Consumers increased 0.1 percent seasonally adjusted; rising 2.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.2 percent in October (SA); up 1.8 percent over the year (NSA).

 

[healthmyths]

Real average hourly earnings decrease 0.1% in October
11/15/2017

Real average hourly earnings decreased 0.1 percent in October, seasonally adjusted. Average hourly earnings were unchanged, and CPI-U increased 0.1 percent. Real average weekly earnings decreased 0.1 percent over the month.


CPI for all items increases 0.1% in October as shelter index rises
11/15/2017

In October, the Consumer Price Index for All Urban Consumers increased 0.1 percent seasonally adjusted; rising 2.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.2 percent in October (SA); up 1.8 percent over the year (NSA).

Unbelievable!
You people NEVER lived through the 70s when you democrat/liberals really screwed up the economy!
NO QUESTION BUT YOU idiots seem to forget or never learned or weren't alive as I was during Jimmy Carter's presidency when we had the "MISERY INDEX"!!!

Now my living through the gas lines of Carter, Carter's sweater speeches, and the MISERY INDEX gave me a real personal perspective!
THAT's what Reagan FACED!
Under Carter...
The inflation rate went from 6.8% in 1977, to 7.6% in 1978, to 11.5% in 1979, to 12.4% in 1980!
And you bitch about 2.4%!!!
Jimmy Carter's Inferior Years | Human Events

Under Carter...the prime rate reached 21.5% in December 1980, the highest rate in U.S. history under any President.
And again... when the federal government had to pay strictly because of Carter's piss poor management..
Sep 1981 Interest rate on Federal treasuries 14%! Interest Rates, Discount Rate for United States
Highest in history and you dummies then push that US debt figure of Reagan without any consideration of that!
Under Carter...Unemployment rate Jan 1981 7.5%

Yup and I lived through this... plus the really bad indignity of it! I VOTED FOR CARTER!!!
Yup. I believed the ignorant BIASED MSM about Nixon,etc. and did that stupid vote!

 

[JoeB131]

Unbelievable!
You people NEVER lived through the 70s when you democrat/liberals really screwed up the economy!

Um, most of the 1970's, we had Republican Presidents.

Yup and I lived through this... plus the really bad indignity of it! I VOTED FOR CARTER!!!
Yup. I believed the ignorant BIASED MSM about Nixon,etc. and did that stupid vote!

I lived through it, too. And the crisis of the 1970's was bad. So were the early 80's when Ronnie Ray-gun tripled the national debt and destroyed the middle class by busting the unions.

 

[LoneLaugher]

We need to lower corporate taxes. They are too high. 20% seems like a good number.

That’s so simple! So obvious!

Yet so misguided.

 

[Mac1958]

Trump economy is losing! The USA lost a Million Jobs last month! Boeing just lost a $77 billion in contract to Europe Airbus & Trump blessed European Bayer buying Monsanto! Biggest Losses in History! Socialist Europe is kicking the shit out of Trump economy!

Wow! Congratulations!
.

 

[healthmyths]

Unbelievable!
You people NEVER lived through the 70s when you democrat/liberals really screwed up the economy!

Um, most of the 1970's, we had Republican Presidents.

Yup and I lived through this... plus the really bad indignity of it! I VOTED FOR CARTER!!!
Yup. I believed the ignorant BIASED MSM about Nixon,etc. and did that stupid vote!

I lived through it, too. And the crisis of the 1970's was bad. So were the early 80's when Ronnie Ray-gun tripled the national debt and destroyed the middle class by busting the unions.

Hey once again stupidity on DISPLAY...
Don't you ever read the facts but just shoot off your mouth whatever cliched comments you have been taught?
A) National DEBT grew under Reagan because
1) Carter caused unemployment peak 10.4% prime rate 21% and inflation 12.4% Now idiots like you I guess don't count that as a major cause for the national debt or
are you just too f...king stupid to comprehend what those factors contributed? Here let me help you!
a) When unemployment goes up FEDERAL TAX REVENUE goes down ! WHY dummies like you ask? Employers pay Medicare/SS benefits which goes into general revenue!
b) when unemployment goes up guess what dummies... UNEMPLOYMENT insurance costs go up and paid out of Federal funds to states!
c) When people are unemployed means businesses having trouble in sales and in cost of borrowing at 21% prime... I F>>>King GUESS SO!
d) Now dummies when INFLATION is at 12.4% DUH... that means the debt, costs of borrowing etc. all inflated.
B) Obama with NO major issues like weather, economic duress had any reason why his national debt was double what the previous 5 presidents including Reagan experienced!
But of course idiots like you don't take ANY time to do a little research courtesy of people like me who think MOST of the time before spouting off unsupported personal idiotic
OPINIONS!

 

[KissMy]

Trump economy is losing! The USA lost a Million Jobs last month! Boeing just lost a $77 billion in contract to Europe Airbus & Trump blessed European Bayer buying Monsanto! Biggest Losses in History! Socialist Europe is kicking the shit out of Trump economy!

Wow! Congratulations!
.

I know - Right! October was the first month under Trumptard / Repubtard New Budget. They Totally 100% Own Everything that happened after September 30th, 2017.

What a Total fucking Disaster their economy is now! They lost a Million Jobs, In October, Inflation is Rising, Wages are Falling, Losing out to Socialist Europe at every turn. China, Russia, North Korea & Iran turned Trump into Chump! Oil & Gasoline is the highest in years. Iraq oil production is in decline.

 

[Mac1958]

I know - Right! October was the first month under Trumptard / Repubtard New Budget. They Totally 100% Own Everything that happened after September 30th, 2017. What a Total fucking Disaster their economy is now! They lost a Million Jobs, In October,Inflation is Rising, Wages are Falling, Losing out to Socialist Europe at every turn. China, Russia, North Korea & Iran turned Trump into Chump!

All your dreams are coming true. That's nice.
.

 

[healthmyths]

Trump economy is losing! The USA lost a Million Jobs last month! Boeing just lost a $77 billion in contract to Europe Airbus & Trump blessed European Bayer buying Monsanto! Biggest Losses in History! Socialist Europe is kicking the shit out of Trump economy!

Wow! Congratulations!
.

I know - Right! October was the first month under Trumptard / Repubtard New Budget. They Totally 100% Own Everything that happened after September 30th, 2017.

What a Total fucking Disaster their economy is now! They lost a Million Jobs, In October, Inflation is Rising, Wages are Falling, Losing out to Socialist Europe at every turn. China, Russia, North Korea & Iran turned Trump into Chump! Oil & Gasoline is the highest in years. Iraq oil production is in decline.

YOU ARE a LIAR!

Where is your proof?
LIE ONE "They lost a Million Jobs, In October,"
A) The U.S. Added 261,000 Jobs in October; Here’s the Upshot
The U.S. Added 261,000 Jobs in October;

LIE 2 In October, Inflation is Rising,"
B) The current inflation rate for the United States is 2.2% for the 12 months ended September 2017 that's down!
Inflation under Obama: 2011 3.2%
www.usinflationcalculator.com/inflation/current-inflation-rates/

LIE 3 "Boeing just lost a $77 billion in contract"
C) If Trump pulls out of the Iran nuclear deal it could sink $32 billion in airline sales
If Trump pulls out of the Iran nuclear deal it could sink $32 billion in airline sales

 

[KissMy]

Civilian Labor Force
Sept 2017 161,146,000
Oct 2017 - 160,381,000
Jobs Lost . = - 765,000
US population grew 189,000 last month
= 954,000 jobs lost

 

[healthmyths]

Civilian Labor Force
Sept 2017 161,146,000
Oct 2017 - 160,381,000
Jobs Lost . = - 765,000
US population grew 189,000 last month
= 954,000 jobs lost

Sorry but this is the OFFICIAL source Not the Federal Reserve.
Total nonfarm payroll employment rose by 261,000 in October,
and the unemployment rate edged down to 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment in food services and drinking places increased sharply, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, job gains also occurred in professional and business services, manufacturing, and health care.
https://www.bls.gov/news.release/pdf/empsit.pdf

 

[healthmyths]

Effects of Recent Hurricanes on BLS Data Collection and Reporting
Several U.S. states, Puerto Rico, and the U.S. Virgin Islands suffered heavy damage from three major hurricanes in late August and September 2017. Hurricanes Harvey, Irma, and Maria have affected data collection in many BLS surveys. Here is a summary of those effects. We will continue to update this page as more information becomes available.

Hurricane Harvey first made landfall on Friday, August 25, in Texas and caused catastrophic damage there. After returning to the Gulf of Mexico, Harvey was downgraded to a tropical storm and then made landfall a second time on Wednesday, August 30, in Louisiana.

Before Hurricane Irma hit the lower Florida Keys on Sunday, September 10, Irma already had caused severe damage in St. Thomas and St. John in the U.S. Virgin Islands. Puerto Rico also suffered damage from Irma. After moving north from the Keys, Irma made landfall again later on September 10 on Florida’s southern coast. Irma was a Category 5 hurricane when near the U.S. Virgin Islands and Puerto Rico. Irma dropped to a Category 4 when passing through the Florida Keys, then a Category 2 hurricane when hitting mainland Florida.

Hurricane Maria made landfall in St. Croix in the U.S. Virgin Islands and in Puerto Rico on Wednesday, September 20, causing catastrophic damage. These areas already had suffered damage from Hurricane Irma earlier in the month.

Effects of Recent Hurricanes on BLS Data Collection and Reporting : U.S. Bureau of Labor Statistics