WTF...OMFG...Suddenly it all Changes when Your Own Ox is the one being Gored!

Discussion in 'Political Opinions & Beliefs' started by Derideo_Te, Jan 11, 2019.

  1. garyd

    garyd Well-Known Member

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    A full time minimum wage job is 15k+ a year.
     
  2. reallybigjohnson

    reallybigjohnson Banned

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    LOL your own ****ing words. You literally claimed that free markets and tax cuts don't create jobs. Are you a communist? Do you think that capitalism doesn't create jobs while only the government does because that is exactly what you argued.

     
  3. Derideo_Te

    Derideo_Te Well-Known Member

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    Your abysmal reading comprehension is NOT my problem.

    Those are TWO entirely SEPARATE QUOTES!

    "free markets"

    "tax cuts create jobs"​

    That YOU erroneously CONFLATED them says volumes!

    The rest of your asinine drivel has been ignored for obvious reasons.
     
    Last edited: Jan 14, 2019
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  4. Adfundum

    Adfundum Moderator Staff Member Donor

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    And, as I see things, most are focused on investors rather than products or services. Looking at the tech industry, for example, we see that products are lackluster eye-candy for consumers and little more than a way to mine data and make huge profits from that.

    In things like health care, these large corporations have introduced a layer of bureaucracy into the field, leeching money from consumers for a needed service. They are not more efficient and are not patient-centered.
     
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  5. Sanskrit

    Sanskrit Well-Known Member

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    One thing to note is this is far more a -governing- reality than a -business- reality. Regulations are so incompetently drafted and enforced that even normal transactions between businesses of any size and the government resemble "protection money visits" from Paulie Walnuts and the like more than business reaching out to buy corruption. The government incompetence and wrongdoing is the horse, corporate wrongdoing the cart. Both are problems, but there is no chicken-egg dilemma in this reality.
     
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  6. Adfundum

    Adfundum Moderator Staff Member Donor

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    I actually see a similar connection, wealthy or poor.
    IMO, there is a sense of nihilism that creeps into people's lives after they achieve things in life. We work hard and achieve a certain level, but it seems that no matter what we do it's never enough. Employers demand more and more from the workers; we live in that dog-eat-dog environment. Life demands more and more until for some the dopamine just isn't there anymore and the purpose of all this becomes all-consuming--why are we doing this? Is this all there is to life? Mortgages, jobs, debts, divorces, deaths, and so forth. We deal with such things in different ways, but for some they need that escape mechanism. (yeah, sounds kind of gloomy, but that's the reality for some)

    That same sense of nihilism can come from believing that you have no chance, no hope of overcoming your circumstances, so why bother.
    It's nihilism in the sense that we realize we're working hard for something that is little more than a silly fantasy or game and when you die, it was all for nothing.

    For those, rich, poor, or anywhere in between, drugs seem to offer something that life doesn't.

    **Sorry for the distraction.
     
    Last edited: Jan 14, 2019
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  7. Adfundum

    Adfundum Moderator Staff Member Donor

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    I agree. The one-size-fits-all approach to such things defeats any noble purpose. Regulations are necessary, but are grand generalizations that are applied and enforced ridiculously. And yes, it does open the door for corruption.
     
  8. ARDY

    ARDY Well-Known Member Past Donor

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    If it could, the free market would entirely automate production (eliminate all jobs)
    The ideal free market jobs are jobs with the lowest possible wages, the worst possible work conditions, and zero concern for the environment. This is why so many american jobs have been exported to places with low wages, worse working conditions, and high pollution. If it were possible.... the free market would desire a work force comprised of slaves, children, and robots.... BECAUSE these are the economic conditions of highest profitability

    The fact is that there is no intrinsic reason that the a completely free market system would creat jobs except as a collateral side effect. There is no intrisic reason free markets would create high wages, good working conditions, or contol production related environmental damage

    So called Free markets certainly have powerful economic impacts that can be haranassed to deliver economic growth and general well being. But free markets should not be worshiped as being the road to an unalloyed utopia.

    It is clear that a 100% tax rate would be a disaster.... and that a 0% tax rate would also be a disaster
    So taxes have to be higher than 0, and lower than 100%. I think it is clear that there have been times when taxes have been higher than they currently are... and that the economy also flourished in that “higher tax” environment
     
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  9. garyd

    garyd Well-Known Member

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    If no one has a job who buys your stuff? Uh no again there is only one time that ever worked in this country and that was when most of the rest of the industrialized wirld had been bombed flat and under those circumstances 3% growth is not flourishing it is struggling. And again during the fifties government spending priorities were entirely different.
     
  10. garyd

    garyd Well-Known Member

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    That is the product of excessive government bureaucracy creating similar jobs in the private sector in self defense. Any company with more than 50 employees - and that includes almost all big city hospitals is on the hook for demonstrating compliance with a nearly endless number of federal rules and regulation. In other words that bureaucracy largely exist by government mandate not because the corporations want or need it.
     
  11. ARDY

    ARDY Well-Known Member Past Donor

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    What is your point?
    Do you assert that any taxation whatsoever will result in zero jobs
    Or perhaps you assert that the clinton era of taxation resulted in zero jobs?

    Of course both are absurd... so you will not be saying that
    So what are you saying then
    What are the conditions to which you warn us will result in zero jobs
    What growth rate do you propose as flourishing?
    Why are we talking about the 50s
    Lets talk about the 90s
     
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  12. Adfundum

    Adfundum Moderator Staff Member Donor

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    So true. We usually only consider this issue from either the business side or the labor side. Business wants cheap labor, consumers want cheap products, labor wants higher wages to consume those products. Vicious circle no matter how we look at it.

    Another part of that is the reality of AI in the near future. It's going to happen, no matter what we'd like to think.
     
  13. Adfundum

    Adfundum Moderator Staff Member Donor

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    You lost me on that one. Explain?
    "Largely" is an important quantifier here. There are quite a few regulations that businesses lobbied for in order to protect themselves from competition (ex.: franchise laws for new auto sales).
    Also, the big home health care businesses, for example, add layers of bureaucracy on their own, not just for compliance, but to ensure profitability (ironically enough).
     
  14. ARDY

    ARDY Well-Known Member Past Donor

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    Ai, and collateral automation. It is impossible to fully forsee the consequences.... but it seems certain that economic interests will essentially outsource jobs to these technologies the same way they have to low labor cost geographies. Already We can anticipate that many truck driving jobs will disappear due to self driving technologies already coming to market.
     
  15. garyd

    garyd Well-Known Member

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    Sorry excessive bureaucracy and profitability are not compatible. You can't make more money by hiring more people to shuffle paper work about. The companies that engage in that sort of behavior are busily trying to stave off collapse by seeking government protection a la GM. Dinosaurs always go extinct because they cannot adapt to changes in the environment. Sears is another good example of this fact.
     
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  16. garyd

    garyd Well-Known Member

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    Are talking corporate or individual. These are very different thing.
     
  17. ARDY

    ARDY Well-Known Member Past Donor

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    What ever you want to talk about is fine
    Most partisan discussions seem to make little distinctions
    I personally think there are all sorts of taxes that each have different impacts in different circumstaces.... there are gas taxes, luxury taxes, property taxes, sales taxes, income taxes, social security taxes, carbon taxes, wealth taxes, cigarette and alchohol taxes, tariffs, VAT taxes, etc etc etc
     
  18. garyd

    garyd Well-Known Member

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    For now let's stick with the federal taxes that currently exist in this country. We have, in the main only two. Corporate and income.

    Corporate taxes are just another way to take money out of my pocket via slight of hand. Corporations do not pay taxes they collect them. Every dime corporations have comes by selling something to some one. Tax cost like all other cost ate figured into the price of whatever is sold. And please note corporate taxes are not progressive. It is the exact same rate whether the corporation is making 100k or 100million or a billion.
     
  19. opion8d

    opion8d Well-Known Member Past Donor

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    Sounds righteous to me and I took Econ 503.
     
  20. Adfundum

    Adfundum Moderator Staff Member Donor

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    Ha! Thanks for being gracious and for overlooking my lack of editing.
     
  21. reallybigjohnson

    reallybigjohnson Banned

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    You just said "free markets" with no other context at all. Are you claiming that all free markets are bad because even Democrats don't argue that. That would put you out on the fringe loonies area.
     
  22. Derideo_Te

    Derideo_Te Well-Known Member

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    Yet another PROJECTION of your own shortcomings duly noted and ignored for derogatory reasons!

    The bogus "free markets" GOP malfeasance destroyed jobs in the manufacturing sector in our nation. To argue otherwise is a denial of factual reality!

    Furthermore there is ZERO EVIDENCE that taxcuts have created any jobs whatsoever!

    The CONTEXT that your reading comprehension FAILED to understand was provided in the OP itself. Had you actually bothered to read the source link before posting kneejerk denialist drivel none of these posts would have been necessary.
     
  23. reallybigjohnson

    reallybigjohnson Banned

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    Manufacturing jobs were leaving this country since the 1970s. LOL You just keep showing how ignorant you are on economics.

    Never said anything about tax cuts you are the one bringing that up. There is nothing wrong with "free markets" in case you haven't noticed the US shifted from manufacturing to service and managerial jobs. Who do you think makes more the typical US worker or the typical Mexican or Chinese worker who does all the manufacturing? Second, with rising costs and wages lackluster quality control in other countries more and more manufacturing jobs are returning home.

    The only countries that suffer economically are in fact the countries with heavy government regulation. Sweden has been stripping off their socialist facade for years now and they have been improving as such. Meanwhile California which is about as socialist as you can get in the US keeps falling further and further behind its contemporaries.
     
    Last edited: Jan 15, 2019
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  24. Derideo_Te

    Derideo_Te Well-Known Member

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    Your own exact words;

    Denialism of your own words downgrades your credibility.

    That you are denying the factual reality of the impact that GOP fiscal malfeasance has had on hardworking Americans says volumes.

    But it does demonstrate the effectiveness of the DISINFORMATION campaign that the GOP used to promote the stripmining of the wealth of middle class America.
     
  25. reallybigjohnson

    reallybigjohnson Banned

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    Still sticking to that sad story. You also claimed that free markets were the reason for the loss of manufacturing jobs (which is literally a related argument about not creating jobs) China didn't become the manufacturing powerhouse that it is today because of free markets they did it by cheating. Government subsidies and requiring that foreign companies hand over their research and development alongside large tariffs on imported goods is the opposite of free market. You want to be mad at someone be mad at all the politicians and leaders who allowed China to get away with cheating for years.

    Manufacturing is leaving China precisely because China has been forced to make concessions in the last few years from unpegging their currency in 2015 to latest trade war tariffs etc. Forcing China to act more like a free market and less like a government sweat shop is precisely free markets do work and government regulation doesn't.
     
    Last edited: Jan 15, 2019

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