Minimum Wage --Prevents-- Wealth Acquisition!

[Dad2three]

Most liberals don't understand this because they don't really grasp the principles of free market capitalism.

And you don't seem to comprehend the FACT that free market capitalism does not exist on the planet Earth.

100% stupid since he did not say that free market capitalism existed just that he wants us to move toward more capitalism, not toward more socialism.



Do you understand now?

The US moved closer to a "free market" in the US in the 1870's, 1920's, 1980's and 20000's.

You know that correlate to the Banksters bubbles? Weird right Bubba?

 

[EdwardBaiamonte]

Stiglitz is an open anti American liberal communist with positions like Krugmans. Global trade, intranational trade, and interpersonal trade works best when free buyers and sellers are free to buy and sell to raise their standard of living as they see fit. Protecting people, countries, and planets from competition makes their goods second rate, their military second rate, and their country second rate and defeated.

A liberal will lack the IQ t understand how freedom works.

Oh dear your wrong on so many levels it is hard to find a starting point.

Stiglitz is an open anti American liberal communist with positions like Krugmans.
They are both left winged, but they have VERY different opinions on QE and on how the bailout should work.
Stiglitz to Obama: You’re Mistaken on Quantitative Easing

Global trade, intranational trade, and interpersonal trade works best when free buyers and sellers are free to buy and sell to raise their standard of living as they see fit.

No, and both China and South Korea have shown that is not true.
Gradual trade in specific sectors and zones is better for achieving a fast growth.

Protecting people, countries, and planets from competition makes their goods second rate, their military second rate, and their country second rate and defeated.

No, again, look at China... or SK if China if you think China is too State driven , or as Dad2three has pointed out, look at the American economy during the XIX century where tariffs above 50% for manufactures were the norm, not the exception.

"Hong (1979) documents 38 reforms designed to promote exports. Of these reforms, two stand out. In the early 1960s, Korea eliminated tariffs on imported inputs and capital goods, but only as long as these imports were used to produce goods for export. The imports could not be used for production of goods sold domestically"

http://www.frbsf.org/economic-research/files/wp08-23bk.pdf

The primary goal of export promotion was to earn foreign currency, obviously imports were discouraged.
...
"In mid-1990's Korea reduced tariff rates and import restriction on autos, high tech products and financial services."
Notice how 30 years passed before they actually reduced tariffs for consumer goods.

Trade policy of South Korea - Wikipedia, the free encyclopedia

... as allways , rehasing the same arguments without any proof.

dear, you are 2 stupid for debate thats why you brought up 20 subjects at once, to hide the debate. When you get to court they ask one question at a time just to preserve the possibility of finding the truth. Do you understand even that??

So, so how does protecting a country, student or athlete from competition not make for second rate countries students and athletes??? If you don't answer the question you are held in contempt and go to prison.

Do you know why they use the Socratic system in court???

 

[EdwardBaiamonte]

YOUR dodge of the question, AGAIN Bubba, IS noted. When are you wiring my $10,000?

can too stupid dunbto3 tell us how the conservative policy of opposing Stalin and communism was on the wrong side of history??

conservatives were right that freedom works while liberals were spying for Stalin and giving him the bomb on wrong assumption that communism works.

Do you understand now??

 

[CultureCitizen]

So, so how does protecting a country, student or athlete from competition not make for second rate countries students and athletes??? If you don't answer the question you are held in contempt and go to prison.

When he is undeveloped. Think it would be fair to put to compete a 4 year old against a professional athlete ?
Or would you rather give him some advantage untill he reaches his prime.

It is self evident that you are too dim for any kind of rational debate.

 

[EdwardBaiamonte]

Most liberals don't understand this because they don't really grasp the principles of free market capitalism.

And you don't seem to comprehend the FACT that free market capitalism does not exist on the planet Earth.

100% stupid since he did not say that free market capitalism existed just that he wants us to move toward more capitalism, not toward more socialism.



Do you understand now?

The US moved closer to a "free market" in the US in the 1870's, 1920's, 1980's and 20000's.

You know that correlate to the Banksters bubbles? Weird right Bubba?

2000's bubble was caused by massive liberal interference in housing industry that included 132 programs to get people into homes the free market said they could not afford.

 

[EdwardBaiamonte]

Think it would be fair to put to compete a 4 year old against a professional athlete ?
Or would you rather give him some advantage untill he reaches his prime.

so the USA has not reached its prime yet and we need to protect it or give it some advantage until it does?? See why we say slow??

 

[CultureCitizen]

Think it would be fair to put to compete a 4 year old against a professional athlete ?
Or would you rather give him some advantage untill he reaches his prime.

so the USA has not reached its prime yet and we need to protect it or give it some advantage until it does?? See why we say slow??

No.
Mexico was not it its prime. Consequence millions of illegals flooding the border .
Argentina was not in its prime . Consequnce : massive "corralito" criseis.
Greece was not in its prime. Consequence : massive debt and crisis plus austerity imposed by the troika.
China was not in its prime, but it played by its own rules, not by free trade rules. It kept its SOE, it only opened some areas and disregarded copyright laws : Consequence : the fastest growing economy the world has seen ever.

Now you can say NAFTA and free trade with Mexico was great, but then you can't complain about the US having 40 million illegals.

 

[EdwardBaiamonte]

Mexico was not it its prime..

oh so you want to protect Mexico and China from competition with us, but not protect America which is in its prime???

 

[EdwardBaiamonte]

, but then you can't complain about the US having 40 million illegals.

too stupid of course we can complain and built a wall, and hopefully Trump will do it!!

 

[Dad2three]

YOUR dodge of the question, AGAIN Bubba, IS noted. When are you wiring my $10,000?

can too stupid dunbto3 tell us how the conservative policy of opposing Stalin and communism was on the wrong side of history??

conservatives were right that freedom works while liberals were spying for Stalin and giving him the bomb on wrong assumption that communism works.

Do you understand now??

lol, So NO you will not even ATTEMPT to give ONE POLICY CONservatives have EVER been on the correct side of history, instead you just push BS of the right wing. Shocking

 

[TheGreatGatsby]

Any artificial barrier prevents wealth acquisition. Don't vote Democrat if you don't want your wealth taken from you by those leaches.

 

[TheGreatGatsby]

"No business which depends for existence on paying less than living wages to its workers has any right to continue in this country."

By this logic, we shouldn't have govt. They kill more wages than any entity.

 

[Dad2three]

Most liberals don't understand this because they don't really grasp the principles of free market capitalism.

And you don't seem to comprehend the FACT that free market capitalism does not exist on the planet Earth.

100% stupid since he did not say that free market capitalism existed just that he wants us to move toward more capitalism, not toward more socialism.



Do you understand now?

The US moved closer to a "free market" in the US in the 1870's, 1920's, 1980's and 20000's.

You know that correlate to the Banksters bubbles? Weird right Bubba?

2000's bubble was caused by massive liberal interference in housing industry that included 132 programs to get people into homes the free market said they could not afford.

WORLD WIDE CREDIT BUBBLE AND BUST? One cheered on by REPUBLICAN Dubya who WAS SUPPOSED TO BE IN CHARGE OF REGULATORS BUBBA?


Jun 16th 2005

In come the waves

The worldwide rise in house prices is the biggest bubble in history. Prepare for the economic pain when it pops


NEVER before have real house prices risen so fast, for so long, in so many countries. Property markets have been frothing from America, Britain and Australia to France, Spain and China (DOZENS OF NATIONS ACTUALLY) . Rising property prices helped to prop up the world economy after the stock market bubble burst in 2000. What if the housing boom now turns to bust?

According to estimates by The Economist, the total value of residential property in developed economies rose by more than $30 trillion over the past five years, to over $70 trillion, an increase equivalent to 100% of those countries' combined GDPs. Not only does this dwarf any previous house-price boom, it is larger than the global stockmarket bubble in the late 1990s (an increase over five years of 80% of GDP) or America's stockmarket bubble in the late 1920s (55% of GDP). In other words, it looks like the biggest bubble in history.



http://www.economist.com/node/4079027


THANK YOU "INVISIBLE HAND" (HELPED ON BY THE CONS/LIBERTARIANS/GOPers!)

 

[EdwardBaiamonte]

YOUR dodge of the question, AGAIN Bubba, IS noted. When are you wiring my $10,000?

can too stupid dunbto3 tell us how the conservative policy of opposing Stalin and communism was on the wrong side of history??

conservatives were right that freedom works while liberals were spying for Stalin and giving him the bomb on wrong assumption that communism works.

Do you understand now??

lol, So NO you will not even ATTEMPT to give ONE POLICY CONservatives have EVER been on the correct side of history, instead you just push BS of the right wing. Shocking

conservatives were on correct side of history regarding Stalin while liberals were spying for him and giving him the bomb on assumption that Stalin was on right side of history!!

is dumbto3 still too dumb to understand??

 

[Dad2three]

Stiglitz is an open anti American liberal communist with positions like Krugmans. Global trade, intranational trade, and interpersonal trade works best when free buyers and sellers are free to buy and sell to raise their standard of living as they see fit. Protecting people, countries, and planets from competition makes their goods second rate, their military second rate, and their country second rate and defeated.

A liberal will lack the IQ t understand how freedom works.

Oh dear your wrong on so many levels it is hard to find a starting point.

Stiglitz is an open anti American liberal communist with positions like Krugmans.
They are both left winged, but they have VERY different opinions on QE and on how the bailout should work.
Stiglitz to Obama: You’re Mistaken on Quantitative Easing

Global trade, intranational trade, and interpersonal trade works best when free buyers and sellers are free to buy and sell to raise their standard of living as they see fit.

No, and both China and South Korea have shown that is not true.
Gradual trade in specific sectors and zones is better for achieving a fast growth.

Protecting people, countries, and planets from competition makes their goods second rate, their military second rate, and their country second rate and defeated.

No, again, look at China... or SK if China if you think China is too State driven , or as Dad2three has pointed out, look at the American economy during the XIX century where tariffs above 50% for manufactures were the norm, not the exception.

"Hong (1979) documents 38 reforms designed to promote exports. Of these reforms, two stand out. In the early 1960s, Korea eliminated tariffs on imported inputs and capital goods, but only as long as these imports were used to produce goods for export. The imports could not be used for production of goods sold domestically"

http://www.frbsf.org/economic-research/files/wp08-23bk.pdf

The primary goal of export promotion was to earn foreign currency, obviously imports were discouraged.
...
"In mid-1990's Korea reduced tariff rates and import restriction on autos, high tech products and financial services."
Notice how 30 years passed before they actually reduced tariffs for consumer goods.

Trade policy of South Korea - Wikipedia, the free encyclopedia

... as allways , rehasing the same arguments without any proof.

dear, you are 2 stupid for debate thats why you brought up 20 subjects at once, to hide the debate. When you get to court they ask one question at a time just to preserve the possibility of finding the truth. Do you understand even that??

So, so how does protecting a country, student or athlete from competition not make for second rate countries students and athletes??? If you don't answer the question you are held in contempt and go to prison.

Do you know why they use the Socratic system in court???

Mexico was not it its prime..

oh so you want to protect Mexico and China from competition with us, but not protect America which is in its prime???

Come on Dummy, even for you arguing two posts apart the US isn't in it's prime YET then arguing it is, is even more moronic than usual!

 

[EdwardBaiamonte]

WORLD WIDE CREDIT BUBBLE AND BUST? One cheered on by REPUBLICAN Dubya who WAS SUPPOSED TO BE IN CHARGE OF REGULATORS BUBBA?

if W cheered it on he was a liberal.

Simple enough for even dumbto3 to understand?

 

[Dad2three]

Most liberals don't understand this because they don't really grasp the principles of free market capitalism.

And you don't seem to comprehend the FACT that free market capitalism does not exist on the planet Earth.

100% stupid since he did not say that free market capitalism existed just that he wants us to move toward more capitalism, not toward more socialism.



Do you understand now?

The US moved closer to a "free market" in the US in the 1870's, 1920's, 1980's and 20000's.

You know that correlate to the Banksters bubbles? Weird right Bubba?

2000's bubble was caused by massive liberal interference in housing industry that included 132 programs to get people into homes the free market said they could not afford.

HOUSING POLICES AROUND FOR DECADES (EXCEPT FOR THOSE DUBYA STARTED THAT HOSED FANNIE/FREDDIE) CAUSED THIS:

 

[EdwardBaiamonte]

Stiglitz is an open anti American liberal communist with positions like Krugmans. Global trade, intranational trade, and interpersonal trade works best when free buyers and sellers are free to buy and sell to raise their standard of living as they see fit. Protecting people, countries, and planets from competition makes their goods second rate, their military second rate, and their country second rate and defeated.

A liberal will lack the IQ t understand how freedom works.

Oh dear your wrong on so many levels it is hard to find a starting point.

Stiglitz is an open anti American liberal communist with positions like Krugmans.
They are both left winged, but they have VERY different opinions on QE and on how the bailout should work.
Stiglitz to Obama: You’re Mistaken on Quantitative Easing

Global trade, intranational trade, and interpersonal trade works best when free buyers and sellers are free to buy and sell to raise their standard of living as they see fit.

No, and both China and South Korea have shown that is not true.
Gradual trade in specific sectors and zones is better for achieving a fast growth.

Protecting people, countries, and planets from competition makes their goods second rate, their military second rate, and their country second rate and defeated.

No, again, look at China... or SK if China if you think China is too State driven , or as Dad2three has pointed out, look at the American economy during the XIX century where tariffs above 50% for manufactures were the norm, not the exception.

"Hong (1979) documents 38 reforms designed to promote exports. Of these reforms, two stand out. In the early 1960s, Korea eliminated tariffs on imported inputs and capital goods, but only as long as these imports were used to produce goods for export. The imports could not be used for production of goods sold domestically"

http://www.frbsf.org/economic-research/files/wp08-23bk.pdf

The primary goal of export promotion was to earn foreign currency, obviously imports were discouraged.
...
"In mid-1990's Korea reduced tariff rates and import restriction on autos, high tech products and financial services."
Notice how 30 years passed before they actually reduced tariffs for consumer goods.

Trade policy of South Korea - Wikipedia, the free encyclopedia

... as allways , rehasing the same arguments without any proof.

dear, you are 2 stupid for debate thats why you brought up 20 subjects at once, to hide the debate. When you get to court they ask one question at a time just to preserve the possibility of finding the truth. Do you understand even that??

So, so how does protecting a country, student or athlete from competition not make for second rate countries students and athletes??? If you don't answer the question you are held in contempt and go to prison.

Do you know why they use the Socratic system in court???

Mexico was not it its prime..

oh so you want to protect Mexico and China from competition with us, but not protect America which is in its prime???

Come on Dummy, even for you arguing two posts apart the US isn't in it's prime YET then arguing it is, is even more moronic than usual!

dear, culture creep was saying that USA was not in its prime and so needed to be protected from free trade with Mexico and China.

 

[Dad2three]

YOUR dodge of the question, AGAIN Bubba, IS noted. When are you wiring my $10,000?

can too stupid dunbto3 tell us how the conservative policy of opposing Stalin and communism was on the wrong side of history??

conservatives were right that freedom works while liberals were spying for Stalin and giving him the bomb on wrong assumption that communism works.

Do you understand now??

lol, So NO you will not even ATTEMPT to give ONE POLICY CONservatives have EVER been on the correct side of history, instead you just push BS of the right wing. Shocking

conservatives were on correct side of history regarding Stalin while liberals were spying for him and giving him the bomb on assumption that Stalin was on right side of history!!

is dumbto3 still too dumb to understand??

Stalin? Oh yeah the Koch Brothers Daddy's best friend, where the family fortune was made!

 

[C_Clayton_Jones]

"Minimum Wage --Prevents-- Wealth Acquisition!"

This fails as a confusion of correlation and causation fallacy.