Can you tell me how that was a "non-answer"? Because im 10% positive i answered to your rebuttal.
Once you begin legislating buying and selling, the first things bought and sold will be legislators.
As for "big business"... not always. Wal-Mart, for example, pays pretty damn close to the nominal tax rate. For some reason, people forget that when they excoriate her for daring to offer jobs to those in our populace who most need them.
ah, no. what you cited was a copy paste that in no way addressed anything I had said, whatsoever. I pointed out that the metric you were using (the minimum wage) did not demonstrate the point you were trying to make, and your response was to define inflation.
ah, no. what you cited was a copy paste that in no way addressed anything I had said, whatsoever. I pointed out that the metric you were using (the minimum wage) did not demonstrate the point you were trying to make, and your response was to define inflation.
Based off what? Do you have the population #'s?
Come on you can use wiki; it tells you the pop in 1920 vs 2010 pretty easily.
I did. And didnt get those #'s.
Read more @: AP survey: US income gap is holding back economy
No surprise here. Seems that this trickle down economic theory isnt working at all, also not a surprise.
Our government is holding back economy...
The reason why capitalism isn't working is because we have blatant socialists running our government and they're doing their absolute best to destroy "capitalism" and that creates crony capitalism.
The best part is that these progressives you, other socialists and progressives in general adore are some of the most rich - elitist - assclowns on the planet... They spend everyone elses money just because they're so mentally defected they need to feel needed and could care less if they destroy the economy in the process just as long as they can continue to be aristocrats.
These clowns have their loafers on your head while you lick them clean all for a few bucks of free money that was stolen and redistributed to you... Of course you're absolutely content with that.
That's not even an economic model printing money, pumping unions and creating a false demand for products such as "green cars" and "green energy"... That's called neglecting basic principals of capitalism and using taxpayer dollars to pander to your special interest groups that got you elected in the first place - unions are on the government dole to boot and they are juicing the community reinvestment act. They just tore a road up they built (it took 3-years to boot) down the street from me. They laid concrete and now are ripping it up - the best part was there was nothing wrong with the road to begin with. Meanwhile businesses along that stretch of construction are suffering because the traffic is so horrible, why? because unions needed something to do and unions were Obama's voting base.
It in fact did demonstrate the the point, hence what i pasted proved that point.
Capitalism is working just fine as it always has. I do agree, though, that the government is a negative influence on the economy.
:shrug: It is double taxation, at the nominal rate of 50%. Now, we may say that we want double taxation, or that we want to discourage the dispersal of dividends (in favor, for example, of reinvestment), or that we think it is a good policy for whatever set of reasons, but it is our policy.
Why are you going to extremes? Without the government there is no capitalism. Sure, they'll be trade, but what we call capitalism cannot exist without some body regulating the system.With government influence we have crony capitalism....
Please give us example of the successes of true free markets. I don't believe that is a workable system based on human history.We don't have anything that resembles true free market ideas...
I agree. The socialism that's the biggest problem is the payout to the military industrial complex, the massively bloated prison system and massive tax breaks to those at the top.Our economy sucks because half of our economy is basically backdoor socialism (printing money to redistribute) and the other half is free market that our government still plays a strong role in through regulation and taxation..
You do understand that both supply and demand become progressively suppressed as the growing income inequality increases, right?It's only this way because progressives cant grasp the concept of supply and demand, that or they will believe because a commune can survive under a socialist model or even a small country that a nation of 300 million can when both Russia/USSR and China proved otherwise... Also, we have to remember that the United States "capitalism" at least before progressives really pushed their mixed economy idea - funded many small socialist nations due to our purchasing/buying power as consumers and investors.
Why are you going to extremes? Without the government there is no capitalism. Sure, they'll be trade, but what we call capitalism cannot exist without some body regulating the system.
Please give us example of the successes of true free markets. I don't believe that is a workable system based on human history.
I agree. The socialism that's the biggest problem is the payout to the military industrial complex, the massively bloated prison system and massive tax breaks to those at the top.
You do understand that both supply and demand become progressively suppressed as the growing income inequality increases, right?
The income gap has nothing to do with "trickle down" theory. It has everything to do with the government subsidizing unproductive behavior.
When you take a low income individual and subsidize their lifestyle it first makes becoming more productive more difficult for the individual and then makes being unproductive more tolerable.
Someone with two kids under the age of 16 and a part time job paying $20k/yr will, with subsidies, end up with the same "walking around" money as someone else in the same situation unsubsidized making $45k. That means that the person receiving these benefits has to make a 200+% income jump to be able to afford the same lifestyle. The result is that LOTS of people just decide to live with the subsidies and make a few bucks on the side to fill in any gaps they might run into.
Respectfully, while your argument has merit, there simple isn't a surplus of good jobs for people who ARE motivated.
If everybody crammed a marketable education starting tomorrow, there would be a surplus of qualified applicants. Assuming everybody is equipped genetically and dispositionally for the jobs you rightly advise folks to strive for, which they all obviously are not.
I think we all get a little bit of tunnel vision.
But the phenomena being discussed IS happening. It's what if anything to do about it that is at issue in "scholarly" discussions.
It is a complex, multivariable problem, but it is a problem in a consumer economy.
No, not nothing. Capitalism. Without someone to referee capitalism, it is ultimately self-destructive. I ask that you only look up the history of monopolies to see that without the government, as neutral body (supposedly), capitalism with collapse under it own greed.You see the bolded?
The fundamental problem with progressives is that they believe nothing can exist without government intervention.
Prove your theory. Is there any recorded evidence of the free market succeeding without government intervention and participation?Yes capitalism exists without government dictation - government IS an economic model dictated by government - an economic model that has absolutely no ties to resources...
Socialism is nothing more than monopoly money and when the resources get thin they start kicking people out of the country (culls) or let them starve...
Capitalism is called "free market" for a reason - because capitalism doesn't need government dictation to work - government dictation, regulation and taxation only hinder (or stunt/hold back) capitalism...
That, in part, is a symptom of the subsidy mentality. A lot of people are simply more comfortable with other people doing the planning and structuring for them instead of taking a more entrepreneurial view of things and figuring out where they can carve out their own niche in the labor market.
Okay. How in the world does minimum wage serve as a stand in for the vast majority of wages?
Because both the CBO and the Census Bureau says that wages increased. And your only counterpoint thus far is that in real terms minimum wage is not currently at its' peak. So you better have one helluva tie over that the CBO and Census Bureau both missed.
If you havent noticed we have kept up the pace of trickle down economics..Our government is holding back economy...
So these imaginary socialists in your head are creating a different kind of capitalism? Why wouldnt these imaginary socialists want to create socialism?The reason why capitalism isn't working is because we have blatant socialists running our government and they're doing their absolute best to destroy "capitalism" and that creates crony capitalism.
You calling me "mentally defected" is funny because you think there are socialists running the gov....:giggling:The best part is that these progressives you, other socialists and progressives in general adore are some of the most rich - elitist - assclowns on the planet... They spend everyone elses money just because they're so mentally defected they need to feel needed and could care less if they destroy the economy in the process just as long as they can continue to be aristocrats.
So you are saying the University of Santa Cruz is lying or were the numbers off by 10? Fact is we had a population of around 110 million in 1920 and have a population around 310 million or so in 2010. The wealth distribution charge is almost the same with the top 1% having about 36% of the wealth in both times. Except that top 1% is nearly 2 million more families today - then in 1920.
If you havent noticed we have kept up the pace of trickle down economics..
So these imaginary socialists in your head are creating a different kind of capitalism? Why wouldnt these imaginary socialists want to create socialism?
You calling me "mentally defected" is funny because you think there are socialists running the gov....:giggling:
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