So you want better paying jobs?

[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?

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

Good luck. There is no will among the American people to have a fiscally responsible government.

 

[OnePercenter]

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.

You become a millionaire by funding or selling your idea.

It's very easy. Others do it for you.

 

[OnePercenter]

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

You have some evidence that billions per day were spent in the economy, or did it go in the pockets of corporate America.

 

[OnePercenter]

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.

There failure to compete (if any) stems from wage disparity. IE; folks not having as much disposable income.

They outsourced to develop higher profits.

 

[OnePercenter]

Good luck. There is no will among the American people to have a fiscally responsible government.

Vote out everyone except Democrats.

 

[Boss]

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.

You become a millionaire by funding or selling your idea.

It's very easy. Others do it for you.

You're babbling incoherent nonsense.

 

[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.

Good luck. There is no will among the American people to have a fiscally responsible government.

I think you are wrong. That's exactly what Conservatives want.

 

[OnePercenter]

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.

You become a millionaire by funding or selling your idea.

It's very easy. Others do it for you.

You're babbling incoherent nonsense.

How so?

 

[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.

There failure to compete (if any) stems from wage disparity. IE; folks not having as much disposable income.

They outsourced to develop higher profits.

Free market capitalist competition has nothing to do with wages or disparity of wages. Capitalists always seek to maximize profits but again... if they get too greedy in a free market system, another less greedy capitalist steals their business.

I've covered "wage disparity" in the OP. It's a natural result of any free market capitalist system. The wealthiest will (usually) always gain wealth faster.. it's how they became wealthy to begin with. The poor will never gain wealth at the same rate because they aren't motivated by wealth.

In order to lessen wage disparity (you can't eliminate it in a free market system) you have to motivate those at the bottom to gain more wealth. They are hampered by your baseline on labor costs (min wage). It's difficult to convince a capitalist you are worth $10 an hour when the baseline for your job is set at $7.50 hr. by the government.

 

[OnePercenter]

I think you are wrong. That's exactly what Conservatives want.

True conservatives are rich old white guys, all others who believe their conservatives are actually cheap.

 

[Boss]

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.

You become a millionaire by funding or selling your idea.

It's very easy. Others do it for you.

You're babbling incoherent nonsense.

How so?

Because your words make no sense.

 

[Boss]

I think you are wrong. That's exactly what Conservatives want.

True conservatives are rich old white guys, all others who believe their conservatives are actually cheap.

Of course you'd say this... you are a Marxist propagandist clinging to failed 19th century ideology.

 

[sealybobo]

We keep hearing about this "widening gap between rich and poor" which has been the nucleus of an ongoing argument for higher wages, living wages, increasing the minimum wage, more taxation on "the wealthy" or whatever. They come armed with graphs and charts... the statistics to show you the middle class is in decline... the wealthy continue to amass great fortunes while the poor struggle to survive. Our hearts bleed as we're lectured on how we need more government regulations, more agencies and programs, more forced wage hikes and mandates, more restrictions and regulations heaped on big business in order to force them to pay up!

The problem is, we're hearing this from morons who don't understand how free market capitalism works. Oh, not all of them are illiterate morons, some have read books by European socialist propagandists and think they have everything all figured out. They don't seem to understand socialism doesn't work in practice like it works on paper. Every significant sized Socialist nation has failed and most of them have failed hideously. The ideas of people like Marx and Mao are responsible for ten's of millions of deaths. It is clearly a failed ideology by every standard.

Let's first dispatch a few myths and misconceptions. Wealthy people tend to gain wealth faster than poor people because they have a propensity for wealth acquisition... it's how they became wealthy for the most part. So it is perfectly natural in a free market capitalist system for the wealthiest to gain wealth faster than everyone else. It's like having a marathon race where there are runners who are seasoned veteran marathoners, runners who are couch potatoes, and some who run for the fun of it.... Now, in an actual race, who would you expect to lead and eventually win? The couch potato? Of course not... the seasoned vets are constantly going to gain more ground than the couch potatoes... that's perfectly natural and expected. The solution to the problem is not to hobble the veterans so they don't run as fast... the better idea would be to motivate the couch potatoes... train them up... make them better able to compete... turn them into veteran runners.

So this is where the idea of increasing their wages comes... but it's not as simple as merely passing some legislation that corporations MUST pay people $X per hour... that does not work in free market capitalism. What happens is, everything is on a sliding scale, so people make more but things cost more... so very shortly, we are back to square one. So come on Boss... get to the point... how do we increase the rate of pay for the average American in the average job without disrupting free market capitalism or causing inflation?

In order to increase pay you have to increase the demand for labor. In order to do that, you have to create new jobs. Not just new service sector, minimum wage, government or part-time jobs... but real, good paying, legitimate jobs. The way to do that is to encourage expansion of business... this requires taking several steps... lower taxes on corporations... or eliminate corporate tax altogether. Offer tax incentives for repatriated wealth... we have over $20 trillion in US wealth abroad... not doing us a bit of good. Let's bring it home and put it to work creating new business and new jobs. Finally, our trade deals need to account for the disparity in cost of labor. We can't compete with countries who pay their workers $1 a day and a bowl of rice... unless that's the standard we want to live with ourselves. Our trade policies have to take this into consideration and we have to apply tougher tariffs on import goods so our American companies can again compete domestically.

For example, let's use a computer keyboard... If you go to the store today to buy one, you will likely pay around $20 for a standard keyboard which is probably made in Indonesia. Now... An American company, with American workers and paying American taxes, can't buy the materials and assemble said keyboard for $20, much less sell it for that and make a profit. A similar American-made keyboard would be probably $40 or more. So if you have the choice to buy the same keyboard for $20 or $40... which would you likely purchase? Most people aren't going to care about where it's made, money is the deciding factor. However... IF you applied a tariff on Indonesian keyboards of say, $10 each... then the price of the Indonesian keyboard is $30 and the US company has the opportunity to compete... they cut some corners use some competitive ingenuity and manage to whittle their price down to $35... now you have a choice between a cheaply-made Indonesian keyboard for $30 or one that is built to last by Americans for $35. Some will still pick the cheaper keyboard but some will go with the quality.

Now my example is a little exaggerated, we'd never apply a 50% tariff on something... but the point is making imports more expensive so that American companies can compete again. When we change this dynamic, jobs will begin to generate as a result.. more jobs = more demand for labor = higher wages.

We understand unregulated free market capitalism doesn't work and unions created the middle class. And labor laws.

 

[Boss]

We understand unregulated free market capitalism doesn't work and unions created the middle class. And labor laws.

Please tell me this...
When is the last time the United States had completely unregulated free market capitalism?

 

[OnePercenter]

[QUOTE="Boss, post: 12061607, member: 36773"
Free market capitalist competition has nothing to do with wages or disparity of wages. Capitalists always seek to maximize profits but again... if they get too greedy in a free market system, another less greedy capitalist steals their business.[/QUOTE]

Greedy capitalists steal their business. Big box is a great example of capitalist greed.

I've covered "wage disparity" in the OP. It's a natural result of any free market capitalist system. The wealthiest will (usually) always gain wealth faster.. it's how they became wealthy to begin with. The poor will never gain wealth at the same rate because they aren't motivated by wealth.

Wage disparity is caused by greedy employers paying dirt wages. Period.

In order to lessen wage disparity (you can't eliminate it in a free market system) you have to motivate those at the bottom to gain more wealth. They are hampered by your baseline on labor costs (min wage). It's difficult to convince a capitalist you are worth $10 an hour when the baseline for your job is set at $7.50 hr. by the government.

No, you have to regulate it. Remember, you're dealing with greedy bastards.

 

[OnePercenter]

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.

You become a millionaire by funding or selling your idea.

It's very easy. Others do it for you.

You're babbling incoherent nonsense.

How so?

Because your words make no sense.

Only to ignorant folks.

 

[OnePercenter]

I think you are wrong. That's exactly what Conservatives want.

True conservatives are rich old white guys, all others who believe their conservatives are actually cheap.

Of course you'd say this... you are a Marxist propagandist clinging to failed 19th century ideology.

Beyond my belief in free education for children and the abolishment of child labor, how can you call me a Marxist when I'm actually a rich capitalist?

 

[sealybobo]

We understand unregulated free market capitalism doesn't work and unions created the middle class. And labor laws.

Please tell me this...
When is the last time the United States had completely unregulated free market capitalism?

Well we have deregulated many things that should have never been deregulated and we passed many tax breaks to the rich we should have never passed and we have unfair trade agreements add to it the markets flooded with illegals.

But in reality the economy really isn't as bad as it was. Things are looking up. Thanks Obama.

 

[sealybobo]

We understand unregulated free market capitalism doesn't work and unions created the middle class. And labor laws.

Please tell me this...
When is the last time the United States had completely unregulated free market capitalism?

I heard today the best way to raise wages is to go find a better job. So people who are making more do so by first working somewhere anywhere first then use that to get a better job.

I'm just worried for the less fortunate Americans aka the masses. I don't worry about us the exceptional people.

 

[Boss]

We understand unregulated free market capitalism doesn't work and unions created the middle class. And labor laws.

Please tell me this...
When is the last time the United States had completely unregulated free market capitalism?

Well we have deregulated many things that should have never been deregulated and we passed many tax breaks to the rich we should have never passed and we have unfair trade agreements add to it the markets flooded with illegals.

But in reality the economy really isn't as bad as it was. Things are looking up. Thanks Obama.

Did not ask you for your opinion on whether things should have been deregulated. I asked: When is the last time the United States had completely unregulated free market capitalism?

Answer?