That’s not what he said/meant. It’s very easy to choose not to consume junk food.
Damn. You’re one hell of a clown. You’ve pointed out one statement as your proof of a dominant, winning performance.
This would be like me asking someone, “Did you see how badly University A beat College B last weekend?”
Someone: “No. I didn’t see the game, but I thought I’d heard College B won…”
Me: “University A gained four yards on its first play from scrimmage and then got a first down on second down.”
Someone: “What was the final score?”
Me: “I loved when University A got a first down.”
Do you realize that the conversation at 34:00 was still on the topic from 31:09? So, there was a rebuttal.
I’m guessing that he’s carrying about 47% body fat.
Yes, I have. Even gave you an example and you still don’t get a self-explanatory concept. Good grief!
No, defending your arguments in front of an audience and someone who has criticized your arguments is meaningless. How delusional are you?
And the prices didn’t go above and beyond inflation?
And you think they really care about the cost of materials increasing as long as they are making more money? Fuck you are reaching!
Really? Says who?
Then where does the money come from? This should be fun.
So Amazon has no control over their bathroom breaks or quotas?
What should I do? Get a job so I can be fired on the basis of a lie? Another capitalist wet dream. If we didn’t live under capitalism would there be no way to live?
Amazon has no control over third party companies. My guess is that these third party companies (if that is where the issue lies) underbid the job to win the contract and therefore they cant hire enough people. That is not Amazons fault. Also the people working there can go get another job. There are millions of job openings right now in the US and it’s not as if warehouse work is highly skilled labor.
They aren’t making more money you moron. Look at the graph of percent profit by industry last year against the 5 year average i posted earlier. There is basically no change. Sure, a few companies might be doing better but as a whole everything is about the same.
Again, some people aren’t good at debate, it doesn’t mean their points aren’t at least as valid or more right than the debate “winner”. Articulate writing will always trump speaking
Every video I have ever watched on MMT (for and against) makes mention of the fact that the government should issue purchase contracts to companies to both attempt to increase employment (again to meet the laughable goal of 100% employment) and control inflation.
We talked about this already. If you feel so strongly on things like healthcare for all and are stuck in the capitalist system (as you say) start a non-profit to deliver healthcare to those that need it. You can set the salary of your position in the non profit as part of the by-laws.
The problem is this is something you would actually have to work at to make succeed.
Another statement none of us here believe. My guess is they were looking for a good excuse to get rid of you. (Which has also been covered ad nauseum).
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Did you even realize Murphy had no rebuttal the entire debate, when Mosler said he would agree with Murphy’s position if we were in a fixed currency economy, which we haven’t been in decades, we live in a free-floating currency regime. Fiat currency. The beacons of the Austrian school, Von Mises and Hayek wrote the majority if not all of their most important works during a fixed-currency economy. These are the people Austrian economists learn from and look up to. In a fiat currency their prescriptions don’t apply. But Austrian economists just try to force it to.
And what of Professor Murphy’s statement that he doesn’t think it would be good if government controlled the production of cars so why would it be okay for them to be in control of money. He said he doesn’t think it’s a good thing. Wow, he doesn’t think it’s a good thing. What an erudite insight.
Are the majority of warehouse workers 3rd party? Were they affected when Amazon was embarrassed into raising their wages to $15/hr.?
And this?
The chart shown in the article shows corporate profit in an almost straight vertical climb.
Corporate pre-tax profits as a share of total US output has also reached a multi-year high of 13.5% in the second quarter, which means that companies are taking an even larger slice of the economic pie. And that number is trending higher.
Consumer prices are going up, but corporate profits are rising even faster.
https://www.axios.com/2021/08/11/profit-margins-record-high-rising-inflation
Hmmmmm…
Says you. If you can’t defend your arguments in a debate your arguments are most likely bunk. The fear of being exposed as a lightweight is real.
Or I can donate money and volunteer for organizations that may already exist Attend rally’s, spread the word.
Don’t need the sub-humans on here to believe me.
The first chart in that article shows profit in terms of pure dollars. Pure dollars is always going to go up when inflation goes up. You have to look at percentage profits which are mostly even against the 5 year average. Absolute numbers don’t mean much. The only advantage for CEOs with absolute numbers is that they can brag about record profits on earnings calls and not actually be telling a lie.
Also take a look at where this first graph went exponential - right when the US switched off the gold standard. So maybe fiat currency isn’t a good thing if you hate corporate profit?
The second chart on percent GDP is also pointless. It shows way too much fluctuation to have meaning. If I drew a best fit curve through that graph it would be a horizontal line.
Don’t know, but again, it’s easy to get a different job.
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Because that’s the same thing. Actions speak louder than words or donations.
Don’t be petty because we called BS
Did you even read the article you posted?
From the article:
> Yes, but: These rising costs are expected to catch up to some companies.
- “For many companies, the benefit of cost cuts during the pandemic are currently reflected on financial statements while inflation — wage inflation being a big component — will have a lagged effect on company financials,” Malik says.
- “Therefore this margin trend will continue for those companies with future pricing power but will be diminished for those companies who are benefiting from legacy cost efficiencies.”
End quote.
That’s straight from the article. In other words, the increase is likely temporary for many of the companies.
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I have had many jobs and NEVER had this happen or seen it happen.
Looks like you are reaching and fail to see how much of a cocksucker you are. I am sure everyone around you could see it. Thus you got fired from a menial job.
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Or keep pecking away on your keyboard, which is your forte.
Get a life. Oh yeah, that has long since passed you by. Sorry.
No, you haven’t. You never defined it and attempted to give an example like a 5th grade book report. “Uh it’s like, um like when companies are bad. But you have to use stuff, so I’m not bad, but big corporations are bad for using stuff, like um ya know?”
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He doesn’t understand this.
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You mean as an owner of multiple businesses you don’t randomly fire people because you’re having a bad day and need the catharsis?
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No, and I don’t know anyone that does.
And I know quite a few business owners outside of myself.
Not saying it isn’t possible, but definitely not the norm.
Now, I’ve seen people be fired for being insufferable pricks or just have a shit personality even if they were technically a decent worker.
If the job is menial and pays well, it won’t be hard to fill.
All of my businesses pay at the upper end of the pay scales with good benefits for the area or above and I have applications coming out of my ears.
90% of my employees I could replace the next day with ease.
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Another good rebuttal of Stephanie Kelton’s take on MMT:
I don’t agree with all this guy’s points but he points out in the inaccuracies and limitations of MMT.
I bet that 41% quoted is significantly higher now.
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