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The poor spend it on consumer goods.
The wealthy invest it into economic growth and on consumer goods.
Both spend it. Where do you get these ideas?
Taxpayers who generally have less generous pensions may have to pay tax increases to fund benefits for public sector employees with much more generous pensions than they have themselves," says Andrew Biggs of the American Enterprise Institute.
The demands of public sector unions come at a time that taxpayers are over a barrel. The government has a monopoly on services such as police or teachers, giving the unions the power to force concessions.
In some cases, officials are inclined to go along because they were elected with considerable help from public sector unions, which give large sums to friendly political candidates, mostly Democrats.
In fact, the American Federation of State and County Municipal Employees spent more than any other outside group in the last election, according to analysts.
"They spent $91 million on the last election campaign. They are the 800-pound gorilla of state and local government politics," Sherk says.
I don't get it. Why aren't liberals sticking up for the little guy instead of the teachers union?
Wisconsin Budget Battle Underscores History of Hand-Wringing Over Public-Sector Unions
Reality. Please look at centrally planned markets compared to relatively free markets in large nations.But what makes the market right? Why is the market infallible?
Who bailed it out? Government. <- that's not the market functionLast time I checked, we bailed the market out because of how dead wrong it was.
It's trivial stuffAlso, please cite your stats. Its common decency.
What is scaring you? That I asked why the market is infallible? That I question why someone is worth 2150 times another person (not including bonuses and fringe benefits)?
Yes they invest it as to make more $$$ for themselves
The market is created by individuals willing to pay the prices and support companies that pay those salaries. That is freedom of choice. You don't like what a company pays its CEO's then don't buy from that company. The market determines value and the public determines whether that salary is worth it. Think that Bill Gates is worth billions? How about Albert Pujols, Lebron James, Justin Bieber? Who sets their wages? If there was no interest in computers Gates wouldn't be worth what he is worth today. The market decides and you influence the market by your buying habits.
I don't get it. Why aren't liberals sticking up for the little guy instead of the teachers union?
Wisconsin Budget Battle Underscores History of Hand-Wringing Over Public-Sector Unions
Almost without exception, Barb, the posters who are most vehemently arguing for the teacher's union are union members themselves - or retired and receiving public pensions. What can we expect?
Before some start jumping on me, I know here are some who are NOT....but most? Are.
What is scaring you? That I asked why the market is infallible? That I question why someone is worth 2150 times another person (not including bonuses and fringe benefits)?
Yes they invest it as to make more $$$ for themselves
What you or I think at this point is irrelevant, his words are there for all to see and he got it right.
As for Democrat Party here is why I use it
"Democrat Party" is a political epithet used in the United States instead of "Democratic Party" when talking about the Democratic Party.The term "Democrat Party" was in common use with no negative connotations by Democrats in some localities during the 1950s.[9] The Dictionary of American Regional English gives numerous examples of "Democrat" being used as an adjective in everyday speech, especially in the Northeast.[10]
Of course not. I don't keep notes about posters.Do you have any stat on that?
I answered it above.
Here's an analogy to show you how absurd your line of reasoning is:
If I buy a car for $40K tomrrow, who should determine if I can, or cannot make this purchase.
You.
Me.
If Me, you support free market. If You, then you're just kidding, I'm sure.
Then you follow up with "How are you infallible!?!"
How does "fallibility" relate to the purchase price I agree to for a car I want to purchase? It doesn't, does it.
Yes, unless you can prove that public union dues come from someone besides the tax payers who employee them.
You do know that we aren't talking about private sector unions?
Because hopefully you prefer their freedom to choose what they purchase or work for or sell, as opposed to someone else dictating what they have to purchase, work for, or sell.Exactly. The market is created by individuals. Individuals who aren't perfect. So why would you leave it to its own devices and assume everything is going fine?
Your little rant about the Democrat party also shows you are stuck in the past and everybody is wrong except you. It is a Limbaughism used in 2011. I could not care less about who used it and where it was used sixty years ago. For the last several years, DEMOCRATIC PARTY was the rule. It was right wingers like Limbaugh who adopted the crusade for Democrat Party.
It's just fine as an analogy. The fact that you are already needing to have this explained, apparently also means you need the analogy explained. Which is fine.That's a terrible analogy. That is what is called a straw man. You simply took my point of view, packaged it and turned it into something else, and then tackled that argument.
I asked why I should believe the free market is correct in deciding compensation for a CEO that makes 2150 times the amount of most his employees? That was my question.
Because hopefully you prefer their freedom to choose what they purchase or work for or sell, as opposed to someone else dictating what they have to purchase, work for, or sell.
As a general rule for a society, being allowed to make your own mistakes is strictly better than being forced by someone else to make mistakes. How would you like it if Glen Beck and his cronies got to determine how you lived your life? You'd apparently love it based on what you're trying to do.
It's just fine as an analogy. The fact that you are already needing to have this explained, apparently also means you need the analogy explained. Which is fine.
CEO enters into negotiation with the board of the fortune 500 company and is offered a job making 500x minimum wage in total compensation.
That's how the market decided. How do you propose we decide that CEOs pay if not the market? Please, I can't wait to see the response.
Maybe you can tell me why we have a federal budget for education when it is also in the states and is a state and local responsibility. Teachers, firemen, and police are funded by the states, not the Federal govt.
You are seriously asking why education is important to our country???
Not a fan of education huh? I should have guessed that from your posts. Our whole future as a country depends on education. If the the federal government did not place education as a priority, it would be shirking its responsibility under the Constitution to promote the general welfare.
They do have a say. They can purchase stock, they can get stock options, they can get voting stock, they can go to a different company.Which is why they could use a union. Don't you think that the people who make the company run should have a say in it?
Maybe it's not important as long as the company is profiting, who cares? Maybe they had eggs for lunch. What business is it of yours?The board doesn't care how much the CEO makes, as long as they get their dividends. They don't care if he makes over 2000 times more than his employees.
The great part is that I already showed him that we are 44th in spending for education in the world. #1 my ass.
they treat employees well?? seems to me i remember having read where their benefits suck, where they have locked in employees after hours 'till all the work was done, but tried to skate out of paying overtime.....yeah, sounds like a great place.:roll:
You are seriously asking why education is important to our country???
Not a fan of education huh? I should have guessed that from your posts. Our whole future as a country depends on education. If the the federal government did not place education as a priority, it would be shirking its responsibility under the Constitution to promote the general welfare.
They do have a say. They can purchase stock, they can get stock options, they can get voting stock, they can go to a different company.
They can work their way up, they can achieve all sorts of levels of influence within the company. They can join the board.
They could also start their own business and run it EXACTLY as you claim to want.
You, right now, can start a business and make it function just how dream it should be. You are free to do this under our current system. How is this insufficient? You can't compete with it because it will be inefficient, but by all means, knock yourself out.
Maybe it's not important as long as the company is profiting, who cares? Maybe they had eggs for lunch. What business is it of yours?
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