Economic Education: Get Some!

From your article quote

“The U.S. has been responsible directly for about 12,000 deaths in Afghanistan many of which resulted from bombing in retaliation for the attacks on U.S. property on September 11, 2001. Subsequently U.S. troops invaded that country. (4)”

You mean the US retaliated against the terrorists who murdered 3k US citizens - yeah might as well exclude this number.

Reading through that article - it makes logical leaps that would make Evil Kinevil blush. It’s clear the author has an agenda and it is a biased article.

As opposed to the majority of historians who agree that Mao and Stalin especially, murdered their own people.

Because US capitalist pigs are responsible for all decisions that lead to death of others - didn’t you know?

How about learn a useful skill? Many trade schools exist in most communities and there is a serious lack of good welders, CNC machinists, and trades. And the government gives you loans to pay for it (trade school is cheap). Come out with a welding certificate and within a few years it’s easy to make 6 figures (I know quite a few welders making this, especially if they specialize in electrical system or underwater welding).
My company will pay good money to someone who can actually manufacture a part to tight tolerances. And before you say it will go overseas you should know that in many contracts that the eventual customer is the DoD there are severe restrictions on where components can be made.

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I assume that’s still the case. If you’d get a job and move out, he could probably retire.

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I don’t even know how else it can be used.

I’m sure the millions of small businesses that use Amazon FBA, Shopify, Etsy, WooCommece, Wix, Squarespace, eBay, and other e-commerce platforms think it’s a garbage solution.

Between all of the social media platforms, probably millions.

Be specific, what jobs have been sent to other countries, and would Americans do them if they were still here, and would consumers pay for them if they were made here?

No, the “gig” economy is a testimony of how economics shift over time, and capitalism, by its very nature, allows individuals to shift with it.

Ya, it’s rough here… Have you stepped foot outside of this country?

A job you already have or a being hired to do a job in a different part of the country than you live.

Yes, it’s the gig economy or be an accountant. There’s nothing else…

It wasn’t a critique, it was a dig at one of the most worthless human beings to ever live.

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Of course, my bad. Also, apparently, US involvement in wars and other international affairs = capitalism. Who knew?

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My brother has been a welder for over 10 years and doesn’t make close to 6 figures.

Does that happen nowadays? To a far lesser degree, why?

Yeah, mostly for resources stolen from the country that has been invaded. Benefiting who?

Maybe he just sucks at it?
I mean if he’s anything like you, I would bet he doesn’t work all that hard at his job or improving his skills.
Through hard work and getting more education I have tripled my salary in just over 6 years…

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Were you referencing small businesses here or something else?

You found the cure for the disappearing middle class.

Would CEO’s and shareholders make as much money if things were made here?

No, but I’ve read that it there are many benefits in other countries that the U.S. does not have. Making life easier, such as single-payer healthcare.

Remote work is currently being frowned upon as landlords of commercial buildings are pressuring companies to get their workers back in the office so rent can be justified.

Marx’s main work was a critique of capitalism.

Compared to the way it used to be this isn’t far off.

You don’t understand how currency is created and utilized by the economy. This is the most absurd comment I’ve ever heard.

The fed has a few tools in their arsenal. To stimulate or de stimulate.

One is rate hikes… 0% rates floods the markets. Companies … institutions and retail borrow new money at low rates. Huge amounts of $ put into the economy. This has huge repercussions.

They use quant Tightening and a balance sheet. They start offloading and pull the M2 supply back.

Then they have words. They speak hawkish. It pulls the markers back .

All of this cools off the economy. Unemployment rockets. Stock market declines.

Bonds become a safe haven asset as risk off.

Your comment is emotional . You aren’t using logic and facts.

Many of the other recent failures of countries are due to the printing of money and therefore inflation.

Stock market is one that goes up and fills the pockets of investors. Creating abundant supply.

0% allows companies to hire more and pay more for all kinds of things which creates more revenue.

When the fundamental basis of your argument is logically incorrect. It’s obvious you are far out there with your theories and not in reality.

You have lost your mind. Not one person with knowledge would agree with you. Not one.

Again this is absurd

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And what about the genocide of Native Americans? Who slaughtered those people?

And what are you leaving out?

The U.S. has been involved with Afghanistan politics and wars since the early 80’s. Read the whole article on Afghanistan.

The U.S. led NATO is provoking the war between Ukraine and Russia. Do we not have some responsibility for the deaths there? Or because we haven’t pulled the trigger of pressed a button to launch a rocket we don’t bear any responsibility?

Show us where marxism has been successful

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Single payer health care? For example… rich people that get sick come to America for health versus freee health care in Australia or England.

Capitalism is what created our very competitive industry. This is why Microsoft and apple and modern healthcare is born in the unites states of America.

Almost every major company resides here. Why? Because capitalism is what gives them the environment to build and grow.

Without capitalism we would not have a higher quality life as we appreciate today.

Governments are not built to make a profit or provide supieorr services. They are built to save money.

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Which countries? Are you sure that “printing money” was the catalyst?

Or do more stock buybacks.

Not so. Your economic philosophy is being challenged directly and the purveyors can’t stand it. They are hanging on for dear life as the writing on the wall is becoming more clear as the days go by. And I say good riddance to the neo-classical bullshit.

You did not challenge anything with any logical explanation you just said no

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Definitely not.

Stop reading extreme leftist rags that masquerade as “journalism”.

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You asked

I answered

The “Middle Class” isn’t disappearing.

Notice how the bottom percentile hasn’t changed, but the top percentile has increased? That means middle-class earners have shifted to upper-income earners, not lower-income earners. If it’s “disappearing” it’s because more people are earning more. Unless there is a disparity in the data, which you’re free to explore.

Will the question be addressed?

No, of course not.

No, shareholders and CEOs would not make as much money if we produced cheap goods here. How do you think that will impact capital investment and jobs?

Obviously.

Books are great, but you should probably visit any nation outside the west before acting like survival is hard here.

Mkay… Think about this from the business’s POV for a minute specifically if you rent.

Yes, I understand why you look up to him.

If this is what you truly believe it’s no wonder you dislike capitalism.

Adam Smith

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A bunch of european colonists. I am aware of this. It was also hundreds of years ago.
Mao and Stalin were within the last century. I am sure I can find people whose parents or grandparents were directly impacted.

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