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re: Libs: why do corporate profits anger you?
Posted on 5/3/17 at 7:29 pm to RogerTheShrubber
Posted on 5/3/17 at 7:29 pm to RogerTheShrubber
quote:German's understanding of economics is possibly the best comedy on this board.
Finally your coming around on welfare
His theories on business and labor costs are like something out of the Twilight zone.
But man, he's sure of em.
3
Posted on 5/3/17 at 7:30 pm to ShortyRob
quote:
German's understanding of economics is possibly the best comedy on this board.
Dude, it's not funny. It's sad. Mainly because there is a large population out there that think just like him.
...and they can vote.
This post was edited on 5/3/17 at 7:31 pm
Posted on 5/3/17 at 7:31 pm to Centinel
quote:
Dude, it's not funny. It's sad. Mainly because there is a large population out there that think just like him.
He doesn't even REALLY think like him.
Ask him if he's ever hired someone privately to work forhim? IE, cut his grass, do work in his house, etc etc.
Posted on 5/3/17 at 7:32 pm to ShortyRob
quote:
His theories on business and labor costs are like something out of the Twilight zone.
I usually skip past his paragraphs
This post was edited on 5/3/17 at 7:33 pm
Posted on 5/3/17 at 7:33 pm to RogerTheShrubber
quote:
Finally your coming around on welfare
I am where I have always been on the issue....I don't think that individuals and employers who pay a living wage should be asked to subsidize an low wage employers cost of production...I also do not think that the state should dictate any kind of minimum wage OTHER than the minimum wage needed for the individual to live within a reasonably established commuting distance from the place where they do the bulk of their work. It shouldn't cost the same to employee a 16 old kid living at home as it does a 20 year old single mother of 2 because there is a substantial amount of difference in the production costs between the two....if you can man your business with 16 year olds living at home more power to you...your labor costs will be substantially lower than they would be if most of your employees are not someone else's dependents....
Posted on 5/3/17 at 7:34 pm to The Spleen
quote:
Corporate profits at the expense of the environment, the working class, the community, etc. do anger me.
Care to provide examples of how profit is harmful to those entities?
Posted on 5/3/17 at 11:39 pm to ShortyRob
quote:
German's understanding of economics is possibly the best comedy on this board.
His theories on business and labor costs are like something out of the Twilight zone.
But man, he's sure of em.
I'll give him credit: at least he's consistent.
It's a 1970's-style Pittsburgh theory of labor that's been discredited and proven to be obsolete, but at least he really believes what he's saying.
Posted on 5/4/17 at 1:01 am to The Spleen
quote:work harder in life and get a better job. We shouldnt teach our kids that it's okay to make a career out of something that doesnt pay the bills. I worked full time and went to school full time and still have to pay off my student loans. Thus, I dont feel sorry for anyone who doesnt want to put in the work to have a better life.
underpay employees to the point they have to remain on government asistance
As far as your stance on Wal-mart pushing out family business etcetc, I agree about that. Having a monopoly in business isnt illegal, but you sure as hell can get close to it thus screwing everyone else over.
Posted on 5/4/17 at 4:20 am to BamaScoop
quote:
Democrats are idiots that want someone else to pay for the mistakes they made in their own lives.
Your President left thousands paying for his bad judgement when he filed for bankruptcy.
Sometimes the obvious is the hardest to see.
Posted on 5/4/17 at 5:07 am to The Spleen
So how do you decide what is out of line for ex pay vs line in workers? What's the magic ratio for those that have a college education and being in business vs those that maybe have a highschool diploma?
Posted on 5/4/17 at 6:07 am to AbuTheMonkey
quote:
Telecom just has a lot of rent-seeking in general. A lot of it is tied the history of that industry, and I wouldn't mind seeing some movement there. There are specific pricing tests you can do vis a vis equities that prove whether mergers were efficiency mergers or market power mergers, and I am almost certain they crossed that threshold. It's no accident that household internet was widely available about a decade after the Bell break up and mobile phones were widely available about two decades thereafter.
I think your confusing telecom companies with large investment/institutional banks when you talk about crossing thresholds.
AT+T was divested in 1983, the internet was not truly functional for the average household until ADSL /DSL was rolled out in large scale starting in the late 90's and into the early 2000's, before that it was dial up or ISDN and the latter was very expensive.
Both internet and mobile phones were in their infancy in the early 90's still waiting on the technology, economy of scale and demand to lower prices for average Americans. Hell, in the early 90's if you had a computer with 32MB RAM with a 100MHZ processor you had a Ferrari and paid $3000 or more.
Posted on 5/4/17 at 7:00 am to The Spleen
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