So you want better paying jobs?

[OnePercenter]

Tariffs do not "interfere" with the domestic free market other than to make American companies more able to compete, creating more jobs, thus, higher wages.

It WILL increase consumer cost of certain items... We can't have $20 made in America keyboards as I explained in my example. We'll have to give up having cheap shit and re-acquaint ourselves again to durable American-made products. I don't think that is a bad thing.

The additional costs are due to additional profit taking and DOESN'T make a guarantee that you won't end up with cheap shit.

 

[Boss]

Wealthy people tend to gain wealth faster than poor people because they have a propensity for wealth acquisition...

No. In an apples to apples investment, the returns on $1M are more than $50.00.

True, but not what we're discussing.

Some people are content, complacent, afraid of success, comfortable with what they have... they generally aren't motivated to gain more wealth because that isn't an important thing for them. On the other hand, some people have a drive and ambition to gain more wealth, to improve their financial situation, to be the best they can be. Those people tend to become wealthy, become wealthier faster and stay wealthy longer than those who are content.

So this whole entire meme about "the rich getting richer" is true but it's because of human nature. The rich got to be rich because they had the drive and ambition to be rich. Naturally, they tend to gain wealth faster than someone who has no drive or ambition to become rich.

 

[OnePercenter]

But I don't want them to interfere with the free market. We're not in a free market with China. We import things from China and export things to them... that's not free market, that's a trade deal we made with China, a non-free market, non-capitalist country. OUR system is free market capitalism.

And no, free market capitalists don't want TTP/TTIP and didn't want NAFTA or WTO. The people you are calling "job creators" are crony corporatists who use power and influence in Washington to leverage an advantage over others... again... not free market capitalists.

Job creation only comes through a demand for labor. There are no magic "job creator" fairies out there who sit around creating jobs for people. Big companies aren't looking around thinking... well, things are kinda bad, let's create some jobs! Presidents and politicians don't wave magic wands and make new jobs materialize or pass bills that suddenly blossom new jobs. Government can offer incentives to create new jobs... sometimes that works. But primarily, there has to be a demand for labor and something has to drive that demand.

Again. There is no such thing as a 'free market.'

Do you want a 'magic job creator?'

Here ya go!


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

 

[Boss]

I would rather pay $200 bucks for a pair of levis made by an American worker, then the paper thin ones they sell today for $60 bucks.

The true cost of Made in the USA Levi s 178 GlobalPost

When Levi's were made by American worker the retail cost was $25.00. The move by Levi Strauss was purely for greed.

Nonsense. It wasn't about greed... True free market capitalists are destroyed by greed. It is their Kryptonite. When a free market capitalist becomes "too greedy" there is (always, in a free market system) a less greedy capitalist competitor waiting to take their business.

 

[Boss]

Again. There is no such thing as a 'free market.'

Again... yes there is... what the hell are you talking about?

 

[Boss]

Raise minimum wage to $23.50/hr.

So now you've baselined the cost of labor at $23.50 hr. This will drive many companies out of business because they can't afford to pay employees at this rate and they can't raise prices to compensate because the market won't bear it. So... bye-bye American jobs!

Did you not see the story about the billionaire liberal from Seattle who paid all his employees $70k per year? ...Took all of 3 months for him to learn how free market capitalism works.

 

[OnePercenter]

Wealthy people tend to gain wealth faster than poor people because they have a propensity for wealth acquisition...

No. In an apples to apples investment, the returns on $1M are more than $50.00.

True, but not what we're discussing.

Some people are content, complacent, afraid of success, comfortable with what they have... they generally aren't motivated to gain more wealth because that isn't an important thing for them. On the other hand, some people have a drive and ambition to gain more wealth, to improve their financial situation, to be the best they can be. Those people tend to become wealthy, become wealthier faster and stay wealthy longer than those who are content.

So this whole entire meme about "the rich getting richer" is true but it's because of human nature. The rich got to be rich because they had the drive and ambition to be rich. Naturally, they tend to gain wealth faster than someone who has no drive or ambition to become rich.

That's two separate subjects.

1) Getting there. From being there, I can tell you that the first million will be your hardest, even harder today with wage disparity. Which, of course, is the point.

2) Maintaining and making more can be done in your underwear.

 

[OnePercenter]

I would rather pay $200 bucks for a pair of levis made by an American worker, then the paper thin ones they sell today for $60 bucks.

The true cost of Made in the USA Levi s 178 GlobalPost

When Levi's were made by American worker the retail cost was $25.00. The move by Levi Strauss was purely for greed.

Nonsense. It wasn't about greed... True free market capitalists are destroyed by greed. It is their Kryptonite. When a free market capitalist becomes "too greedy" there is (always, in a free market system) a less greedy capitalist competitor waiting to take their business.

Yet Levi Strauss is still in business and by all accounts is doing very well.

FYI; There is no free market. There never has been a free market. The market is fixed.

 

[Dont Taz Me Bro]

China has no leverage on the loans. They can, as you say, "recall" them... I guess you mean, demand we pay up... but let's play that scenario out... We refuse to pay up... then what? As you see, there is nothing much they can do about that.

And who would want to buy any of our debt after that?

 

[Dont Taz Me Bro]

China has no leverage on the loans. They can, as you say, "recall" them... I guess you mean, demand we pay up... but let's play that scenario out... We refuse to pay up... then what? As you see, there is nothing much they can do about that.

And who would want to buy any of our debt after that?

 

[OnePercenter]

Raise minimum wage to $23.50/hr.

So now you've baselined the cost of labor at $23.50 hr. This will drive many companies out of business because they can't afford to pay employees at this rate and they can't raise prices to compensate because the market won't bear it. So... bye-bye American jobs!

Did you not see the story about the billionaire liberal from Seattle who paid all his employees $70k per year? ...Took all of 3 months for him to learn how free market capitalism works.

Of course you only took one point of my nine point plan to be deceptive. Then you bloviate.

 

[Dont Taz Me Bro]

Again. There is no such thing as a 'free market.'

Do you want a 'magic job creator?'

Here ya go!


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

 

[OnePercenter]

Again. There is no such thing as a 'free market.'

Again... yes there is... what the hell are you talking about?

By definition: 'an economic system in which prices are determined by unrestricted competition between privately owned businesses.'

Where do we have that?

 

[Boss]

Do you want a 'magic job creator?'

There is no magic job creator... No, I don't want or expect there to be one. I also don't believe in Santa or the Easter Bunny. (Or... that Communists, Socialists and Marxists have a better system than free market capitalism.)

Again... for the tone deaf... Jobs are created when business expands and business expands when there is more demand for their product/service than supply. When labor is in high demand and low supply, wages increase.

So in order to create more jobs we have to stimulate business by creating demand. One way to increase demand for US-made products is to apply heavy tariffs on import goods or in some cases, cut trade agreements altogether. You don't get there by trying to punish the businesses more.

 

[OnePercenter]

Again. There is no such thing as a 'free market.'

Do you want a 'magic job creator?'

Here ya go!


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2015 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 500 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

Show me where I'm wrong.

 

[OnePercenter]

Do you want a 'magic job creator?'

There is no magic job creator... No, I don't want or expect there to be one. I also don't believe in Santa or the Easter Bunny. (Or... that Communists, Socialists and Marxists have a better system than free market capitalism.)

Again... for the tone deaf... Jobs are created when business expands and business expands when there is more demand for their product/service than supply. When labor is in high demand and low supply, wages increase.

So in order to create more jobs we have to stimulate business by creating demand. One way to increase demand for US-made products is to apply heavy tariffs on import goods or in some cases, cut trade agreements altogether. You don't get there by trying to punish the businesses more.

Putting billions per day into the economy wouldn't increase demand?

 

[Boss]

Wealthy people tend to gain wealth faster than poor people because they have a propensity for wealth acquisition...

No. In an apples to apples investment, the returns on $1M are more than $50.00.

True, but not what we're discussing.

Some people are content, complacent, afraid of success, comfortable with what they have... they generally aren't motivated to gain more wealth because that isn't an important thing for them. On the other hand, some people have a drive and ambition to gain more wealth, to improve their financial situation, to be the best they can be. Those people tend to become wealthy, become wealthier faster and stay wealthy longer than those who are content.

So this whole entire meme about "the rich getting richer" is true but it's because of human nature. The rich got to be rich because they had the drive and ambition to be rich. Naturally, they tend to gain wealth faster than someone who has no drive or ambition to become rich.

That's two separate subjects.

1) Getting there. From being there, I can tell you that the first million will be your hardest, even harder today with wage disparity. Which, of course, is the point.

2) Maintaining and making more can be done in your underwear.

It's not two separate subjects. You get to be a millionaire because you have the drive and ambition to get there. No one poor wakes up and finds they've made a million dollars.

It's not "easy" to make more once you're there... it still takes the same skill, the same drive and ambition. Many-a-millionaire has lost his/her fortune by making stupid decisions with their money.

 

[Boss]

China has no leverage on the loans. They can, as you say, "recall" them... I guess you mean, demand we pay up... but let's play that scenario out... We refuse to pay up... then what? As you see, there is nothing much they can do about that.

And who would want to buy any of our debt after that?

I don't want anyone "buying our debt" anymore... I want us to become fiscally responsible again.

 

[Boss]

Do you want a 'magic job creator?'

There is no magic job creator... No, I don't want or expect there to be one. I also don't believe in Santa or the Easter Bunny. (Or... that Communists, Socialists and Marxists have a better system than free market capitalism.)

Again... for the tone deaf... Jobs are created when business expands and business expands when there is more demand for their product/service than supply. When labor is in high demand and low supply, wages increase.

So in order to create more jobs we have to stimulate business by creating demand. One way to increase demand for US-made products is to apply heavy tariffs on import goods or in some cases, cut trade agreements altogether. You don't get there by trying to punish the businesses more.

Putting billions per day into the economy wouldn't increase demand?

Nope. Hasn't worked for the past 8 years.

 

[Boss]

Yet Levi Strauss is still in business and by all accounts is doing very well.

Because of NAFTA they outsourced labor to Mexico so they could remain competitive.