EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
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Nobody opens a business without potential customers out there,
if I disgreed I"ll pay you $10,000. Bet or run away with you liberal strawman between your legs.
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Nobody opens a business without potential customers out there,
Other companies are having the same problem I am, and their workers (my customers) now have more dough, and spend it, with me,
Our wealth, pay, etc, derives from what others buy, unless you're purchasing goods your own company sells.
It's a consumer-based economy. None too complicated to grasp, I'd think.
Our wealth, pay, etc, derives from what others buy, unless you're purchasing goods your own company sells.
It's a consumer-based economy. None too complicated to grasp, I'd think.
Yes, we buy lots of stuff but we don't buy things in a vacuum. Our ability to buy things is a function of the accumulated and incremental innovation that the American economy has either created or imported.
The demand for things is effectively infinite. Think about life-enhancing and life-extending technologies. There is infinite demand for technologies which improve and prolong our lives. This is as true in 2012 as it was in 1012 and as it will be in 3012. The products that enhance and extend our lives are a function of innovation and our understanding of life. We can demand that we all live healthy lives until we are 120 years old, but only until we understand how to do that does it matter. The demand is infinite but only once we extend the bounds of knowledge can we effectuate that demand.
That's not true. What it does is raise production relative to wealth; in short, folks now buy more with the same wealth.
so this means wealth has never increased in human history? We just buy more with the same wealth? Bill Gates and Fred Flintstone have the same wealth, but Gates' just buys more!! Is there one economist on earth who would agree, just one, anywhere??????in short, folks now buy more with the same wealth.
Yes, they are getting richer and richer by suppressing wages and BS like this:
Wal-Mart Nixed Paying Bangladesh Suppliers to Fight Fire - Bloomberg
American mega-corporations, for the most part, are unethical, greedy, destructive entities. I, personally am sick to death with the power that they wield over our government.
so this means wealth has never increased in human history? We just buy more with the same wealth? Bill Gates and Fred Flintstone have the same wealth, but Gates' just buys more!! Is there one economist on earth who would agree, just one, anywhere??????in short, folks now buy more with the same wealth.
Where does this perfectly illiterate liberal idiot come from? Isn't it typical though, he never took one single course in Econ., and yet is very sure he understands Economics!! Hitler Stalin and Mao were so sure too. In reality, they were uneducated fools; and so it never crossed their minds that they were acting on feelings rather than thoughts because they had no idea there was a difference.
It's what businesses do. They cannot unilaterally increase pay and remain competitive. So let's not be Bangladesh. Let's make ours a society of better-paid workers, which we achieve with wage minimums, which levels the playing field for employers by offsetting their higher cost, with increased volume from workers at other companies.
It's what businesses do. They cannot unilaterally increase pay and remain competitive. So let's not be Bangladesh. Let's make ours a society of better-paid workers, which we achieve with wage minimums, which levels the playing field for employers by offsetting their higher cost, with increased volume from workers at other companies.
I agree. Workers have produced record profits for the companies, but the companies are not sharing the fruits of their labor. You know, this sounds really awful, but I believe that the housing bubble / collapse of the economy WAS seen by the private sector but they did nothing to stop it / nay encouraged it, knowing that the tax-payers would foot the bill (thanks to their bought legislation & repeal of regulation) and would also be thrown out of work, thus decimating wages. I actually think they did it on purpose. I really do. Remember... just looking at the derivatives shenanigans, they don't care about long-term. It's just profits NOW.
Look at Germany. Productive AND prosperous for ALL. It doesn't have to be one or the other.
It's folly to think they will. The game is more profit.
Meanwhile, workers have created the record profits, albeit, indirectly. They feared unions were getting too powerful, and being unfair. They feared that high minimum wages would make burgers more expensive. They bought into the delusion that higher taxes on company profits would put their job at risk, which is stupid since their company needs them to create the profit that is taxed.
So we compressed our own wages, and the result is highly profitable companies while most workers feel stretched beyond their limit, which raises fear even more, making us more susceptible to buying into bullshit pseudo-economics (politics) which will compress wages further and/or make us wary of solutions, muting their effectiveness: if taxes are raised, they won't be raised enough; if we accept the idea of an increased minimum wage, we won't want it to go up to a degree that's beneficial.
Thus, my confidence that we'll return to 1950s-like prosperity is about 10%, while my fear that we'll become a South American-style dual society, is about 90%. It's nothing I wish for, but were I a betting man, that's how I'd score it.
(Reagan especially) sold the American people on "trickle down" by proclaiming that EVERYONE would prosper, knowing full well that was bullshit. .
(Reagan especially) sold the American people on "trickle down" by proclaiming that EVERYONE would prosper, knowing full well that was bullshit. .
so you want trickle down welfare instead ?? so the poor can invent new products grow the economy and employ us???
Tell us please or admit as a liberal you lack the IQ to do so.
How about you answer a fucking question for once?
How about you answer a fucking question for once?
what question exactly????????
How about you answer a fucking question for once?
what question exactly????????
Take a look up-thread, and pick from of any you've previously dodged by asking yet another stupid fucking question. Pick an easy one even. Don't be too hard on yourself.
I'm on fucking pins and needles.
what question exactly????????
Take a look up-thread, and pick from of any you've previously dodged by asking yet another stupid fucking question. Pick an easy one even. Don't be too hard on yourself.
I'm on fucking pins and needles.
what question exactly????????