Deadweight loss

[Toddsterpatriot]

You do the VERY same thing to democrats all day long

When have democrats ever claimed they wanted zero government? For that matter, when have conservatives?

Why do you pretend I am saying what I am not saying?


You know full well you call democrats socialists for disagreeing with your historically failed ideas

Why do I pretend? So you can see what it feels like.
I call democrats socialists for favoring socialism.

 

[Truthmatters]

You have yet to even touch the facts in the OP.

you cant and yet you hang arround to throw childish insults.


Just more proof of your historically failed ideas.


Where is the historical proof your magic market exsists?

 

[Truthmatters]

When have democrats ever claimed they wanted zero government? For that matter, when have conservatives?

Why do you pretend I am saying what I am not saying?


You know full well you call democrats socialists for disagreeing with your historically failed ideas

Why do I pretend? So you can see what it feels like.
I call democrats socialists for favoring socialism.

can you comment on the OP?

 

[Si modo]

You have yet to even touch the facts in the OP.

you cant and yet you hang arround to throw childish insults.


Just more proof of your historically failed ideas.


Where is the historical proof your magic market exsists?

More of your historically failed wharrggbbll.

 

[Truthmatters]

Your unfettered markets will never produce what you claim and have never produced what you claim.


What does it gain you to adhere to historically failed ideas?

 

[Truthmatters]

Examples





The deadweight loss is the area of the triangle formed by the tax income box, the original supply curve, and the demand curve. This is sometimes called Harberger's triangle.
For example, consider a market for nails where the cost of each nail is 10 cents and the demand will decrease linearly from a high demand for free nails to zero demand for nails at $1.10. In a perfectly competitive market, producers would have to charge a price of 10 cents and every customer whose marginal benefit exceeds 10 cents would have a nail. However if there is one producer who has a monopoly on the product, then they will charge whatever price will yield the greatest profit. For this market, the producer would charge 60 cents and thus exclude every customer who had less than 60 cents of marginal benefit. The deadweight loss is then the economic benefit forgone by these customers due to the monopoly pricing.

Conversely, deadweight loss can also come from consumers buying a product even if it costs more than it benefits them. To describe this, let's use the same nail market, but instead it will be perfectly competitive, with the government giving a 3 cent subsidy to every nail produced. This 3 cent subsidy will push the market price of each nail down to 7 cents. Some consumers then buy nails even though the benefit to them is less than the real cost of 10 cents. This unneeded expense then creates the deadweight loss: resources are not being used efficiently.

If the price of a glass of beer is $3.00 and the price of a glass of wine is $3.00, a consumer might prefer to drink beer. If the government decides to levy a beer tax of $3.00 per glass, the consumer might prefer to drink wine. The excess burden of taxation is the loss of utility to the consumer for drinking wine instead of beer, since everything else remains unchanged. Most notably the tax revenue from this consumer is zero.






Its seems the cons here are affraid of learning things because it will cause their historically failed ideas to be outed for what they really are.

Come on PROVE your ideas will work.

You dont seem to be able to defend your thinking

 

[chikenwing]

That is just an example and not what happens when you raise taxes in a wise way.


Say you raised taxes on both wine and beer but only a nickle.


People still buy it and you get more revenue.

Whats truly crazy,she thinks this is good leadership???!!!

Taxes are needed to run the government no matter how much you wish they were not

never said that ever

 

[Toddsterpatriot]

You have yet to even touch the facts in the OP.

you cant and yet you hang arround to throw childish insults.


Just more proof of your historically failed ideas.


Where is the historical proof your magic market exsists?

Huh? What magic market? The unicorn and rainbow market?

 

[Toddsterpatriot]

Why do you pretend I am saying what I am not saying?


You know full well you call democrats socialists for disagreeing with your historically failed ideas

Why do I pretend? So you can see what it feels like.
I call democrats socialists for favoring socialism.

can you comment on the OP?

Can you comment on my original comment?

 

[Truthmatters]

Are you now going to pretend the right does not claim an unfettered market solves all problems?

 

[Toddsterpatriot]

Are you now going to pretend the right does not claim an unfettered market solves all problems?

Please feel free to show where "the right" said that.
Probably at least a few million people in "the right" so you'd better start working!

 

[Truthmatters]

So you dont think unfettered markets solve our problems?

 

[Dr.House]

You have yet to even touch the facts in the OP.

you cant and yet you hang arround to throw childish insults.


Just more proof of your historically failed ideas.


Where is the historical proof your magic market exsists?

Frank already calmly and rationally spanked your ass and you chose to ignore it...

How convienient for you...

 

[Truthmatters]

You have yet to even touch the facts in the OP.

you cant and yet you hang arround to throw childish insults.


Just more proof of your historically failed ideas.


Where is the historical proof your magic market exsists?

Frank already calmly and rationally spanked your ass and you chose to ignore it...

How convienient for you...

Ahhh more lies and empty insults

 

[Si modo]

Your unfettered markets will never produce what you claim and have never produced what you claim.


What does it gain you to adhere to historically failed ideas?

Another historically failed post of TM's wharrggbbbll.

 

[Toddsterpatriot]

So you dont think unfettered markets solve our problems?

Who are you addressing?

 

[Truthmatters]

Show me where in history the unfettered market resulted in what the right claims is will produce?


No one on earth has ever produced this information.

you know why?


Because no such evidence exsists.

 

[Si modo]

So you dont think unfettered markets solve our problems?

Who are you addressing?

It doesn't quote, usually. Just for your FYI. And, it doesn't answer usually, either.

I just enjoy it for the amusement it provides.

 

[Toddsterpatriot]

Show me where in history the unfettered market resulted in what the right claims is will produce?


No one on earth has ever produced this information.

you know why?


Because no such evidence exsists.

Define unfettered market.
Show where anyone on the right claimed anything about unfettered markets and results.
And then ask me why I care about your silly strawman.
Use your brain, although there is no evidence it exists.

 

[Toddsterpatriot]

So you dont think unfettered markets solve our problems?

Who are you addressing?

It doesn't quote, usually. Just for your FYI. And, it doesn't answer usually, either.

I just enjoy it for the amusement it provides.

It is an unusually dim bulb.