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You no savvy Econ 101, eh?
State your meaning bro
If you think we need to lower wages to compete with China you don't know diddly about economics. Actually even if you dont think that you dont know diddly. You prove it every time you post on the topic.
It would be a problem IF we had true poverty like there is in India. We don't. Our poor are inordinately comfortable. They don't go without. They don't suffer the misery of poverty but the misery of envy.
It leads to more dependence on government which is inefficient. It leads to more people out of work or underemployed which is inefficient. It leads to problems with communities that implode in on themselves as jobs go away. It leads to more people in prison. It leads to problems with our education system. I can go on but I hope you get the point.
For ones like you wish to allow dependence on government.. instead of eliminating programs that lead to that very dependence, rather than having people keep to their own responsibilities and be forced to work them out all on their own.. this is not a job for the federal government, in any way, shape, or form
For ones like you wish to allow dependence on government.. instead of eliminating programs that lead to that very dependence, rather than having people keep to their own responsibilities and be forced to work them out all on their own.. this is not a job for the federal government, in any way, shape, or form
You do realize all this extreme inequality just leads to bigger government right?
No.. ones like you that think that government's job is to try and fix inequality in outcome help to bring about bigger government... government cannot create equalized outcome without more and more limitations on freedom and more and more power... this has been tried and has (and will) failed every time
What should labor be treated as? Isn't capital treated as a "mere commodity" as well, and priced transparently to boot?Actually, exportation of jobs is a direct result of capitalism==> labor is treated as a mere commodity, and is priced accordingly. The cheapest stock is purchased when no regulation exists that prevents it. This isn't rocket science.
The best thing the government can do is abandon it's pro-corporate "low inflation" philosophy and adopt a pro-worker "full employment" philosophy. That should be apparent to everyone, but for some reason it isn't.
The Soviet Union had a full employment policy. Doubtless you'd like to go back to that.
Labor is EVERYTHING. Everything you see around you is created by labor--every road, every pencil, every magazine, every CD, EVERYTHING. All wealth is created by--and ONLY BY--the labor of productive workers. It would seem fundamental, then, that labor should decide how the resultant profit is distributed.
And eventually, that will be how things evolve economically; remember, feudalism used to be the prevailing economic practice.
ALSO, the former USSR was a military dictatorship that talked of socialism but practiced totalitarianism. That is indisputable.
Wrong, bigger government is the cause of income inequality, not the result of it.
why do you libs always have everything backwards?
That's funny. We have obamacare because the rich no longer give good benefits. So government makes a program. Corporate welfare.
We have so many people on welfare because the rich wanted more profits and shipped jobs overseas.
Social security and Medicare are huge because companies keep more profits and no longer give pensions and healthcare into retirement. More corporate welfare.
I could go on and on. More inequality equals more big government. Wake up.
So you must force people to give what you want.. got it
Actually it is not really a hope in a utopia but a fear of dystopia that would result from 4 more decades of unchecked growth in income inequality.
Although you probably don't even know what the income inequality problem is.
Actually neither do you.
If you say so chief.
State your meaning bro
If you think we need to lower wages to compete with China you don't know diddly about economics. Actually even if you dont think that you dont know diddly. You prove it every time you post on the topic.
I understand you have taken Zingers 101 but explain how we can make cheaper products without lowering wages.
When you come back with another set up 80's insults I'll know you have nothing
That's funny. We have obamacare because the rich no longer give good benefits. So government makes a program. Corporate welfare.
We have so many people on welfare because the rich wanted more profits and shipped jobs overseas.
Social security and Medicare are huge because companies keep more profits and no longer give pensions and healthcare into retirement. More corporate welfare.
I could go on and on. More inequality equals more big government. Wake up.
So you must force people to give what you want.. got it
Well you seem to have no counter so it's clear more inequality increases the size of government. It certainly has here.
Ame®icano;8473117 said:Inequality can't be fixed except by an incredible amount of tyranny. Freedom and equality are mutually exclusive terms.
Income inequality doesn't need fixing. Those who are pushing for it looks on Lenin or Mao as their idols, chanting "forward" and waving hammer and sickle flags. Didn't we learn how that ended?
So you must force people to give what you want.. got it
Well you seem to have no counter so it's clear more inequality increases the size of government. It certainly has here.
Is the government in Cuba larger or smaller than prior to 1962? Is there more or less inequality there now?
Yeah, run along junior. The big boys are talking here.
State your meaning bro
If you think we need to lower wages to compete with China you don't know diddly about economics. Actually even if you dont think that you dont know diddly. You prove it every time you post on the topic.
I understand you have taken Zingers 101 but explain how we can make cheaper products without lowering wages.
When you come back with another set up 80's insults I'll know you have nothing
Actually neither do you.
If you say so chief.
You can prove me wrong any time now, sweetheart.
Ame®icano;8473117 said:Inequality can't be fixed except by an incredible amount of tyranny. Freedom and equality are mutually exclusive terms.
Income inequality doesn't need fixing. Those who are pushing for it looks on Lenin or Mao as their idols, chanting "forward" and waving hammer and sickle flags. Didn't we learn how that ended?
I guess your ok with all the corporate welfare helping increase inequality?
Have you looked at all the countries with high inequality? They aren't exactly on the top of the happiest places to live rankings. Why do you want us going in that direction?
Ame®icano;8473336 said:If you think we need to lower wages to compete with China you don't know diddly about economics. Actually even if you dont think that you dont know diddly. You prove it every time you post on the topic.
I understand you have taken Zingers 101 but explain how we can make cheaper products without lowering wages.
When you come back with another set up 80's insults I'll know you have nothing
Why not simply lower taxes on businesses?
Ame®icano;8473336 said:I understand you have taken Zingers 101 but explain how we can make cheaper products without lowering wages.
When you come back with another set up 80's insults I'll know you have nothing
Why not simply lower taxes on businesses?
Well they would just funnel it to the executives.
I'd give lower taxes to companies who provide good wages, retirement, and benefits. Heck any business doing that could pay no taxes. Would be better than all the corporate welfare.
If you say so chief.
You can prove me wrong any time now, sweetheart.
I provided more proof than you did, Buttercup.
Breitbart? Doesn't anyone even think of using non-partisan resources for their news? I guess not.
The problem is the income growth is staying at the top. Wages are flat. Who determines wages? Who helped create this mess by shipping jobs out of the country?
Diamond Dave thinks "The only ones responsible for 'fixing inequality' are those who feel that they are not getting what they want or deserve..."
Surely Dave jests.
So it's the workers fault and the government's fault, right?
Yet, as productivity grew wages fell way behind. Yet when profits grew, wages remained generally flat. As taxes on Capital Gains and Dividends dropped, shipping jobs offshore grew. This all happened under deregulating Republicans and regulating Democrats.
The bottom line is this is not only hurting the US's most populated sector (the middle class/poor working classes, it's hurting the economy of America!
How Income Inequality Is Damaging the U.S.
How Income Inequality Is Damaging the U.S. - Forbes
Below are three charts dealing with worker productivity and wage growth, profit growth versus wage growth in Real Dollars and the off-shoring of American jobs.
You couldn't just say here's another take on it and then post the link from Forbes?
so what was wrong with the article from Breitbart?
Forbes is not liberal, it's conservative. Please go to Conservapedia Website's list of conservative media:
Conservative media - Conservapedia
What's wrong with Breitbart? It's nothing but far right opinion. It's as balanced as the HuffPost!
How about we just create a VAT to replace the corp tax and provide some minimal incentives for domestic labor.
The biggest problem with our corp tax is how it relates to foreign trade.
Ame®icano;8473432 said:Ame®icano;8473336 said:Why not simply lower taxes on businesses?
Well they would just funnel it to the executives.
I'd give lower taxes to companies who provide good wages, retirement, and benefits. Heck any business doing that could pay no taxes. Would be better than all the corporate welfare.
You'd give... ? That's exactly what government is doing today by trying to alter businesses behavior by giving tax breaks. That's where inequality is coming from. If all businesses (and in fact all taxpayers) are treated the same and pay the same taxes, we wouldn't have this discussion today.
