Spread the wealth - one boat, a few boats, or many boats?

[Missouri_Mike]

A 1 million dollar boat does not create more activity than 10 100k boats.

Lover, that's correct, it creates less economic activity and we need more, so we need more boats not fewer more expensive ones.

too stupid illiterate and liberal! as long as money is not destroyed the same amount of money still exists in the economy and the economic activity is the same! Econ 101

Money you can not even begin to understand and all economic activity is not the same, which is Econ101 and something you have missed. Someone making 1 mil on a currency trade is not the same as someone spending 1 mil to open a Charter School.

I see you're going to ride this turd of an OP all the way to the septic tank. Which must seem like home to you.

 

[PaintMyHouse]

It's the opposite, dumbass. Just because a woman can make a baby in nine months doesn't mean nine women can make one in a month. It means you can't hurry the development schedule just by hiring more coders. God you're a idiot.

I know that, dumbass. I'm ridiculing your idiotic theory that dividing up money to make more numerous but smaller purchases produces more growth. It does precisely the opposite.

As usual, you are dead wrong. When the money stops flowing so does the economy. If I make widgets I want to sell a million of them, not 100.

That has nothing to do with your theory. No one has claimed that selling 1,000,000 X is not as good as selling 100 X

You seem to be, moron. If you weren't then you'd understand why you want lots of people making and selling lots of things, all day long.

What we want is people producing something of value. What you want is for them to produce stuff whether anyone wants it or not.

Furthermore $1,000,000 of economic activity is $1,000,000 of economic activity, no matter how you slice it up.

You desperately need to learn economics. 1 mil spent at Tiffany & Co. by one person produces nothing like economic activity of 1,000 people spending $1,000 each at Wal-Mart. Come on people, you have to think, and you desperate need to learn how spreading the wealth, which results in more spending, produces more wealth : Articles The OWS Zero-Sum Game Fallacy

 

[PaintMyHouse]

A 1 million dollar boat does not create more activity than 10 100k boats.

Lover, that's correct, it creates less economic activity and we need more, so we need more boats not fewer more expensive ones.

too stupid illiterate and liberal! as long as money is not destroyed the same amount of money still exists in the economy and the economic activity is the same! Econ 101

Money you can not even begin to understand and all economic activity is not the same, which is Econ101 and something you have missed. Someone making 1 mil on a currency trade is not the same as someone spending 1 mil to open a Charter School.

I see you're going to ride this turd of an OP all the way to the septic tank. Which must seem like home to you.

The OP is dead on. The OP is how capitalism actually works.

 

[PaintMyHouse]

Close enough for government work: Stossel Micro 03- Exchange wealth creation mdash Critical Commons

 

[PaintMyHouse]

Econ 101 Are you smarter than a 12th grader - CNNMoney

Go for it boys: Econ 101 Are you smarter than a 12th grader - CNNMoney

 

[bripat9643]

Econ 101 Are you smarter than a 12th grader - CNNMoney

Go for it boys: Econ 101 Are you smarter than a 12th grader - CNNMoney

I took your little test. I got 10 out of 10.

So where does it mention your theory that rain creates umbrellas?

 

[bripat9643]

I know that, dumbass. I'm ridiculing your idiotic theory that dividing up money to make more numerous but smaller purchases produces more growth. It does precisely the opposite.

As usual, you are dead wrong. When the money stops flowing so does the economy. If I make widgets I want to sell a million of them, not 100.

That has nothing to do with your theory. No one has claimed that selling 1,000,000 X is not as good as selling 100 X

You seem to be, moron. If you weren't then you'd understand why you want lots of people making and selling lots of things, all day long.

What we want is people producing something of value. What you want is for them to produce stuff whether anyone wants it or not.

Furthermore $1,000,000 of economic activity is $1,000,000 of economic activity, no matter how you slice it up.

You desperately need to learn economics. 1 mil spent at Tiffany & Co. by one person produces nothing like economic activity of 1,000 people spending $1,000 each at Wal-Mart. Come on people, you have to think, and you desperate need to learn how spreading the wealth, which results in more spending, produces more wealth : Articles The OWS Zero-Sum Game Fallacy

$1,000,000 of economic activity is $1,000,000 of economic activity. That proposition is irrefutable. It's a tautology.

 

[BlackSand]

Quality over quantity.

That's the first that popped into my head when I read the OP.

Perhaps some people think 1000 crappy boats are better than 10 really nice boats.
Of course then again ... If all you want in the long-run is a crappy boat, you could hollow out a log a lot cheaper than $1000 ... That worked for centuries.

It really has nothing to do with economic activity because $1000 boats don't have the same resources invested in them, over as broad of a spectrum as $100,000 or $1,000,000 boats do.

.

 

[PaintMyHouse]

Econ 101 Are you smarter than a 12th grader - CNNMoney

Go for it boys: Econ 101 Are you smarter than a 12th grader - CNNMoney

I took your little test. I got 10 out of 10.

So where does it mention your theory that rain creates umbrellas?

Good for you. And rain doesn't create umbrellas, it sells them.

 

[PaintMyHouse]

As usual, you are dead wrong. When the money stops flowing so does the economy. If I make widgets I want to sell a million of them, not 100.

That has nothing to do with your theory. No one has claimed that selling 1,000,000 X is not as good as selling 100 X

You seem to be, moron. If you weren't then you'd understand why you want lots of people making and selling lots of things, all day long.

What we want is people producing something of value. What you want is for them to produce stuff whether anyone wants it or not.

Furthermore $1,000,000 of economic activity is $1,000,000 of economic activity, no matter how you slice it up.

You desperately need to learn economics. 1 mil spent at Tiffany & Co. by one person produces nothing like economic activity of 1,000 people spending $1,000 each at Wal-Mart. Come on people, you have to think, and you desperate need to learn how spreading the wealth, which results in more spending, produces more wealth : Articles The OWS Zero-Sum Game Fallacy

$1,000,000 of economic activity is $1,000,000 of economic activity. That proposition is irrefutable. It's a tautology.

No, your position is nonsense. 1,000 $1,000 necklaces create much more economic activity than one one million dollar necklace.

 

[PaintMyHouse]

Quality over quantity.

That's the first that popped into my head when I read the OP.

Perhaps some people think 1000 crappy boats are better than 10 really nice boats.
Of course then again ... If all you want in the long-run is a crappy boat, you could hollow out a log a lot cheaper than $1000 ... That worked for centuries.

It really has nothing to do with economic activity because $1000 boats don't have the same resources invested in them, over as broad of a spectrum as $100,000 or $1,000,000 boats do.

.

It has a lot to do with it if you sell boating courses, air horns, life jackets, lines, ropes, anchors, fishing gear, trailers and the like. That's the point, you want tons of low-level economic activity. The high-end shit helps almost no one. Home Deport doesn't need Mitt Romney buying houses, it needs the average Joe.

 

[hadit]

You're a Communist, Jake

Watch and learn

Now, tells us, is it better to sell 1 $50 pencil, or 100 $.50 pencils? Or even better, 1,000 $.05 pencils? And that kids, is gotcha.

When you goin' to Wal-Mart to buy pencils next?

Probably not for a time but the schools and the kids buy them all the time, and that is very good news for the people who make them. On my list today is roughly $150 worth of economic activity, all of which will be spent locally, just as Smith wanted it to be.

That's nothing. I wouldn't be surprised if Paris Hilton was going to spend at least $50K today. Keep up, man.

Big deal. She's not buying 50K worth of modest underwear and cheap champagne now is she? Her luxuries do not create jobs, not like they could if that 50K was buying cheap champagne and underwear because that is a lot of economic activity at $10 a bottle and $6 for three pairs, and that's what you want, all day every day.

Obviously, you live in ignorance, believing that you are a mind reader. Paris Hilton's luxuries mean good paying jobs. We need them just like we need the Wal-Mart greeter jobs.

 

[hadit]

Put everyone to work at Wal-Mart. That way no one will have any extra.

You're missing the point, entirely, because you'd rather scream Marxist than learn capitalism. Why did Henry Ford pay his workers so well? Because he wanted them to be able to afford what they made. That sells more cars, which means you need to make more cars, and everyone does better in the end.

You could produce a quote of me actually saying that, right? No, you couldn't.

You're whole dogma is anti-Marxist, but you don't even know what that means.

We aren't discussing Marxism. Why are you trying to change the subject?

I'm not, you brought it up, you just don't know it. All you've been told is liberals don't want anyone to be rich, which isn't true at all.

I've been pointing out that luxury purchases fuel good paying jobs. You apparently don't like that. You brought up Marxism, thinking you can read minds.

 

[CrusaderFrank]

You're a Communist, Jake

Watch and learn

Now, tells us, is it better to sell 1 $50 pencil, or 100 $.50 pencils? Or even better, 1,000 $.05 pencils? And that kids, is gotcha.

When you goin' to Wal-Mart to buy pencils next?

Probably not for a time but the schools and the kids buy them all the time, and that is very good news for the people who make them. On my list today is roughly $150 worth of economic activity, all of which will be spent locally, just as Smith wanted it to be.

That's nothing. I wouldn't be surprised if Paris Hilton was going to spend at least $50K today. Keep up, man.

Big deal. She's not buying 50K worth of modest underwear and cheap champagne now is she? Her luxuries do not create jobs, not like they could if that 50K was buying cheap champagne and underwear because that is a lot of economic activity at $10 a bottle and $6 for three pairs, and that's what you want, all day every day.

So we'd be a lot better off if we all lived in tin shacks with no plumbing. Think of all that shovel readiness!

 

[PaintMyHouse]

So we'd be a lot better off if we all lived in tin shacks with no plumbing. Think of all that shovel readiness!

Nope. We'd all be better off if we all owned houses and still had the money to fill them with things, things that we made here.

 

[CrusaderFrank]

So we'd be a lot better off if we all lived in tin shacks with no plumbing. Think of all that shovel readiness!

Nope. We'd all be better off if we all owned houses and still had the money to fill them with things, things that we made here.

So you favor reformation of our failed educational system

At least that's a start

 

[hadit]

If an infinite amount of monkeys work for an infinite amount of time in a shipyard, they can build an infinite amount of boats!

Free boats for EVERYONE, except for the monkeys as they are sentenced to building boats for eternity and will have no time for leisure pursuits.

Famous software development maxim:

If one woman can have a baby in nine months, then 9 women can have a baby in one month.​

It's the opposite, dumbass. Just because a woman can make a baby in nine months doesn't mean nine women can make one in a month. It means you can't hurry the development schedule just by hiring more coders. God you're a idiot.

I know that, dumbass. I'm ridiculing your idiotic theory that dividing up money to make more numerous but smaller purchases produces more growth. It does precisely the opposite.

As usual, you are dead wrong. When the money stops flowing so does the economy. If I make widgets I want to sell a million of them, not 100.

Actually, no. Given that the total amount of revenue generated by selling the wi

A 1 million dollar boat does not create more activity than 10 100k boats.

Lover, that's correct, it creates less economic activity and we need more, so we need more boats not fewer more expensive ones.

This would be the 'Let's generate a lot of heat, but not much light' school of economics. It is the Chinese model. They do ok with it, but they have a billion people generating the same amount of light that 100 million Americans generate.

Correct, and the 100 million Americans get paid more than the billion Chinese. High priced goods drive good paying jobs. When Wal-Mart comes into town, the local mom and pop stores freak out. Why? Precisely because their higher priced goods and better paying jobs are wiped out by the low cost good and low paying jobs Wal-Mart brings. We need the wealthy buying their luxuries. Go for it, Paris.

 

[hadit]

So we'd be a lot better off if we all lived in tin shacks with no plumbing. Think of all that shovel readiness!

Nope. We'd all be better off if we all owned houses and still had the money to fill them with things, things that we made here.

And had rainbow farting unicorns in the barn.

 

[PaintMyHouse]

Paris Hilton's luxuries mean good paying jobs. We need them just like we need the Wal-Mart greeter jobs.

No, they don't, not when compared to spending the same amount of cash for much lower-level goods. She might buy a case of champagne but what we need is people buying hundreds them. That's that keeps the liquor store in business.

 

[PaintMyHouse]

So we'd be a lot better off if we all lived in tin shacks with no plumbing. Think of all that shovel readiness!

Nope. We'd all be better off if we all owned houses and still had the money to fill them with things, things that we made here.

And had rainbow farting unicorns in the barn.

You, like most Americans, are as dumb as dog shit.