I thought it was an extremely straight forward and simple example of how taking 3 apples from me and giving them to Pitt DOES NOT grow the economy. In typically PWI fashiion it turned into Lord knows what. I only asked the same question 3 times after all. [/quote]
I am not dumb enough to belive the US economy in any shape or form resembles 8 apples . I have got a tree , I do not need YOUR apples
[quote]countingbeans wrote: every government turns into a tyrannical war machine, is the same reason communism won’t work, is the same reason a totally free market won’t work either. Man is flawed. Government (structure to provide order) is needed.
[/quote]
Communism doesn’t work because it goes completely against man’s nature.
A free market would work perfectly until a huge amount of the incompetent(being flawed) band together under the control of an evil incompetent(coincidentally, this is what the U.S. has had for at least the past century) and begin fighting against the self-interest of all(the incompetent have nothing to gain by winning-they will just bring everyone down to their level-defeating the competent will hurt everyone). THAT is why any government is needed-to keep the incompetent from destroying an almost free market. That is the ONLY reason for a government, and why only those who pay taxes should be allowed to vote.
I thought it was an extremely straight forward and simple example of how taking 3 apples from me and giving them to Pitt DOES NOT grow the economy. In typically PWI fashiion it turned into Lord knows what. I only asked the same question 3 times after all. [/quote]
I am not dumb enough to belive the US economy in any shape or form resembles 8 apples . I have got a tree , I do not need YOUR apples
[/quote]
Dear God in Heaven…Let’s try this for a 4th time. You said:
[quote]pittbulll wrote:
The best thing we could do to stimulate the economy is re-re-distribute the wealth that was wrest from the working class since Ronny assaulted the middle class.
[/quote]
If I have 80,000 apples and you have 30,000 apples (READ DOLLARS) and the government takes 30,000 apples from me and gives 30,000 apples to you. Are there now more apples (DID THE ECONOMY GROW)?
Better yet:
If Bill Gates has 3,000,000,000 apples and the government takes 1,000,000,000 apples from him and gives 10,000,000 people 100 apples, by how many apples did the economy grow?
[quote]pittbulll wrote:
I have got a tree , I do not need YOUR apples
[/quote]
GREAT point. That goes for (almost)everyone(some people-the mentally handicapped, etc.-will still need charity). Why does anyone needs what belongs to anyone else?
Pittbulll, you are funny. You are pro-individual rights, and also admit that each person has a tree(talents) and does not need apples(money) belonging to anyone else, yet you are a statist to the max. You may be this country’s educational system’s greatest success: someone who knows that what the government does is wrong, yet is so indoctrinated that he fully supports it.
Communism doesn’t work because it goes completely against man’s nature. [/quote]
I agree. So doesn’t government, and a totally free market.
[quote]A free market would work perfectly until a huge amount of the incompetent band together under the control of an evil incompetent
[/quote]
So you agree then, that man is flawed.
Look until we come up with a better political system, government will continue to devolve into tyrannical war machines, ruling over people. And as close as possible to the free market will remain the far superior form of economic activity, again, until we come up with a better way.
I’m just nervous someone creative enough to come up with it is too busy using that creativity to make cat memes…
And as long as jealous morons ignore that everyone on a macro scale is light years better off now than we were, only to be angst ridden because some have more than others, we’ll continue to have to point out the virtues of the systems that have literally changed the world for the better.
I don’t claim to know why the income disparity has increased; however, I have a feeling that:
[/quote]
That graph is looking at “family” income, which means it isn’t a serious analytical endeavor unless it adjusts, and shows how it adjusts, for the change in family sizes.
It also ignores, like most lefty talking points, vertical mobility throughout the quintiles.
In other words, that graph is garbage. [/quote]
Interesting, I didn’t really look at the graph. I assumed it was the typical the 1% makes more than the other 99% of us.[/quote]
Read more Sowell, things like this will start to jump out at you.
No, average family size form a different source from the graph doesn’t “help”. [/quote]
I don’t claim to know why the income disparity has increased; however, I have a feeling that:
[/quote]
That graph is looking at “family” income, which means it isn’t a serious analytical endeavor unless it adjusts, and shows how it adjusts, for the change in family sizes.
It also ignores, like most lefty talking points, vertical mobility throughout the quintiles.
In other words, that graph is garbage. [/quote]
Interesting, I didn’t really look at the graph. I assumed it was the typical the 1% makes more than the other 99% of us.[/quote]
Read more Sowell, things like this will start to jump out at you.
No, average family size form a different source from the graph doesn’t “help”. [/quote]
Anything in particular you’d recommend? [/quote]
If you have a droid, you have a kindle app, which means for $10 you can be reading this on your afternoon coffee break.
Great book.
Second one is not Sowell, but could be read two or three times before you absorb the majority of it. On this one though, you will need to have remembered you college econ classes and/or the material you studied for the exam to get any great value out of this book. People devoid of basic economic theory will be lost here rather quickly.
I don’t claim to know why the income disparity has increased; however, I have a feeling that:
[/quote]
That graph is looking at “family” income, which means it isn’t a serious analytical endeavor unless it adjusts, and shows how it adjusts, for the change in family sizes.
It also ignores, like most lefty talking points, vertical mobility throughout the quintiles.
In other words, that graph is garbage. [/quote]
Interesting, I didn’t really look at the graph. I assumed it was the typical the 1% makes more than the other 99% of us.[/quote]
Read more Sowell, things like this will start to jump out at you.
No, average family size form a different source from the graph doesn’t “help”. [/quote]
Anything in particular you’d recommend? [/quote]
If you have a droid, you have a kindle app, which means for $10 you can be reading this on your afternoon coffee break.
Great book.
Second one is not Sowell, but could be read two or three times before you absorb the majority of it. On this one though, you will need to have remembered you college econ classes and/or the material you studied for the exam to get any great value out of this book. People devoid of basic economic theory will be lost here rather quickly. [/quote]
Because in order to pay someone a living wage that is far more than what the job they are doing deserves, companies have to raise prices. That devalues the wage made by those making more than a living wage so in reality they you are actually decreasing the people who actually have a redeemable skills spending power in order to give people who work 20 hrs a week at Mcdonalds a better wage. [/quote]
While I would agree with your opinion that prices will have to rise , I will contend that we are living in Ronny Reagan’s world of supply side economics . The supply of cheap stuff has eroded the demand side .
The best thing we could do to stimulate the economy is re-re-distribute the wealth that was wrest from the working class since Ronny assaulted the middle class.
[/quote]
If I start with 8 apples and you with 2 and we take 3 apples from me and give them to you, did the # of apples increase?
[/quote]
Well those apples were taken from the working class with in the last 35 years I am saying they should be returned
[/quote]
Democrats are doing far more damage to the working class right now. They are taking my apples and giving them to the bastard sleeping under the tree who don’t give a shit about actually helping pick the apples. Republicans want us to work really hard and make the orchard owner more money but at least we get to keep the apples we earned. And if we have the work ethic to one day obtain our own tree they don’t treat as evil people who should be penalized because we actually had a little drive.
“The real job creators are the vast middle class â?? whose spending drives the economy and creates jobs. But as the middle classâ??s share of total income continues to drop, it canâ??t spend as much as before. Nor can most Americans borrow as they did before the crash of 2008 â?? borrowing that temporarily masked their declining purchasing power.”
I think this is interesting, I’d like to hear thoughts on the above?
Democrats are doing far more damage to the working class right now. They are taking my apples and giving them to the bastard sleeping under the tree who don’t give a shit about actually helping pick the apples. Republicans want us to work really hard and make the orchard owner more money but at least we get to keep the apples we earned. And if we have the work ethic to one day obtain our own tree they don’t treat as evil people who should be penalized because we actually had a little drive.[/quote]
I agree the Democrats are taking you money , but they are not just giving it to the guy sleeping under a tree . They are also giving it to Tobacco , Oil , Farms , and who the fuck knows ?
The poor are a drop in the bucket compared to our Bloated Military and all it’s supporting industry
Let’s change subjects and mention the war on drugs . Our present policy is to throw gasoline on the fire and start industries (POLICE AND PRISON) use the profit to buy more gasoline ’
America is very good at wasting money . The Republicans just want uou to think the poor are the issue . Because they have not figured a way to get rich on the poor like Jessie Jackson
“The real job creators are the vast middle class â?? whose spending drives the economy and creates jobs. But as the middle classâ??s share of total income continues to drop, it canâ??t spend as much as before. Nor can most Americans borrow as they did before the crash of 2008 â?? borrowing that temporarily masked their declining purchasing power.”
I think this is interesting, I’d like to hear thoughts on the above?
[/quote]
what would you like ? my opinion ? More Robert Reich ? I personally agree with him . With out demand supply will shrivel or waste
“The real job creators are the vast middle class Ã?¢?? whose spending drives the economy and creates jobs. But as the middle classÃ?¢??s share of total income continues to drop, it canÃ?¢??t spend as much as before. Nor can most Americans borrow as they did before the crash of 2008 Ã?¢?? borrowing that temporarily masked their declining purchasing power.”
I think this is interesting, I’d like to hear thoughts on the above?
[/quote]
what would you like ? my opinion ? More Robert Reich ? I personally agree with him . With out demand supply will shrivel or waste
[/quote]
“The real job creators are the vast middle class Ã??Ã?¢?? whose spending drives the economy and creates jobs. But as the middle classÃ??Ã?¢??s share of total income continues to drop, it canÃ??Ã?¢??t spend as much as before. Nor can most Americans borrow as they did before the crash of 2008 Ã??Ã?¢?? borrowing that temporarily masked their declining purchasing power.”
I think this is interesting, I’d like to hear thoughts on the above?
[/quote]
what would you like ? my opinion ? More Robert Reich ? I personally agree with him . With out demand supply will shrivel or waste
[/quote]
Anyone’s opinion really. [/quote]
I have read quite a bit from him and watched several videos . I know there are different brands of economics and there should not be . I know there are more economists that are republican but I reason that to be they are acting in their best interest . Kind of like they accuse the Scientist of doing with global warming
“The real job creators are the vast middle class Ã???Ã??Ã?¢?? whose spending drives the economy and creates jobs. But as the middle classÃ???Ã??Ã?¢??s share of total income continues to drop, it canÃ???Ã??Ã?¢??t spend as much as before. Nor can most Americans borrow as they did before the crash of 2008 Ã???Ã??Ã?¢?? borrowing that temporarily masked their declining purchasing power.”
I think this is interesting, I’d like to hear thoughts on the above?
[/quote]
what would you like ? my opinion ? More Robert Reich ? I personally agree with him . With out demand supply will shrivel or waste
[/quote]
Anyone’s opinion really. [/quote]
I have read quite a bit from him and watched several videos . I know there are different brands of economics and there should not be . I know there are more economists that are republican but I reason that to be they are acting in their best interest . Kind of like they accuse the Scientist of doing with global warming
[/quote]
You think there should only be 1 economic theory? Which one?
How do you know more economist’s are republican than democrat?