Modern Monetary Theory: A Primer

So greed was the reason why the rank and file union members got rid of their own jobs? More like it was the greed of business owners and union leaders who were in bed with them.

Uhmmm…Any increase is likely tied to increased efficiencies (lower CPU) and/or capital (stock market growth) not increased productivity.

So do you think it is a good thing or not?

Not any examples?

Yeah the data is hilarious.

The people who signed up for military “service” thought so.

You mean a lot of jobs that cannot be shipped overseas.

Bwahahaha…

Where would you rather that money go? The CEO’s with lavish pay are usually in VERY large corporation with 10s of thousands or hundreds of thousands of employees.

You want to split their pay among the workers? So, each worker can get an extra $50-$100 a year? That will sure help.

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Sure, only the other guy is greedy.

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This has never held true anywhere in any system.

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But paying a CEO that much does help? In what way?

So if people have more money then things wouldn’t be more affordable?

Sure, people voted to get rid of their own jobs out of greed. This is just sheer stupidity.

I meant to say “not increased production” and I’m saying that is only one of several possible reasons for the widening of the wealth gap and that’s assuming it is even widening. Based on the current market I kinda doubt it’s widening much…

I don’t think it’s good or bad. I think 300x is likely unsustainable in the long run.

You want me to start just listing small/medium sized businesses? Again, this just displays how little you actually know about how most businesses function. You think every company is Amazon or Tesla most are a bad month or quarter away from closing forever. They’re not sitting on mountains of cash and many have significant debt.

The only legit single-payer system presented to the American public is Bernie Sanders plan and it barely reduces overall costs while requiring massive cuts to healthcare compensation and a radical reduction in pharmaceutical prices. Both of which are a pipe dream. Government programs never cost less than projected and almost always cost significantly more.

Well, chalk this up to another thing you have no clue about. I love how you put service is quotes too.

No, a lot of jobs that simply aren’t necessary and only exist because we want them to.

No, but we’ve established you don’t understand how inflation works.

CEO’s can literally make or break a company with their decisions. They are in high demand. The CEO doesn’t get to determine his pay. Become a shareholder of the company or own it - if you don’t like what they are paid.

It literally has ZERO bearing on you or anyone at those companies. That is an old diatribe to “eat the rich” that literally affects nothing in the real world.

No, because then the things would just be more expensive. Go try and buy a loaf of bread or any food in Venezuela. I hope you brought a dump trailer to carry all the currency.

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Everyone except you knows exactly what that means.

I dont think school should be free for majors that don’t contribute shit. If you want to study history or gender studies or stuff like that pay for it.
I am willing to help subsidize majors like hard sciences, engineering, and medical school. But the requirements to get into the program are going to tighten up quite a bit and if you fuck up and drop out you owe back every cent The US is falling way too far behind in science and math.

The whole loan system as is is being ruined by thieves who literally steal the money to be used for education and spend it on bullshit. (My mom has worked in billing for a tech college for decades and has watched this behavior get worse - she has a panic button in her office in case meetings with students get out of hand when she tells them they have to pay back money taken out for school when they fail or drop classes)

People in general are really fucking stupid.

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It was greedy and short sighted. They thought the industry wasn’t going anywhere. How could it, right?

Well, most millhunks never heard of comparative advantage, nor were they aware that your union is only as strong as its product.

Skilled Carpenters are the carpenter unions product.

Skilled Steamfitters are the steamfitters unions product.

Theres only one way to get those guys.

Steel can be made anywhere.

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Arguing with yourself, now?

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@usmccds423

Thanks for the link to that company. Gonna have to purchase from them

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Yes, owners never sell their businesses… Derp.

Hmmm, weird…

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Yeah that wouldn’t have an efffect on inflation….