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Message
re: Twilight Zone: 90% of Americans blame corporations for "increased" inequality
Posted on 9/22/14 at 10:09 am to ironsides
Posted on 9/22/14 at 10:09 am to ironsides
quote:
Find new labor then.
I agree 100%....but many people are not able to do so and would merely go from one minimum wage job to another where their financial needs are not being met by their labor but by the labor of others.
Listen, if Wal-Mart fully expected the taxpayer to subsidize their power bill you and I would throw a fit. That bill is a cost of producing the service that Wal-Provides. Yet you apparently have no problem providing Wal-Mart with a labor subsidy so they will have enough employees to produce that product or service.
We have, as a nation, deemed it appropriate to subsidize the income of low end earners....there are several thousand reasons for this, chief among then because we are good people and don't like the idea of children going hungry because their parents are dumber than a sack of hammers. Why then is it OK for Wal-Mart to shift a portion of their production costs off to the taxpayer? In my world it ain't...in the world of the right it is highest form of sainthood.....
0
Posted on 9/22/14 at 10:14 am to NC_Tigah
Unfortunately people expect to have so much more now. Our standard of living is massively better but it doesn't seem like it for some reason.
If living like it were 1965 were ok, it wouldn't take much income.
Tiny house, 1 car, 1 tv with rabbit ears, radio, telephone on the wall in the kitchen, meals taken to work and prepared at home.
If living like it were 1965 were ok, it wouldn't take much income.
Tiny house, 1 car, 1 tv with rabbit ears, radio, telephone on the wall in the kitchen, meals taken to work and prepared at home.
Posted on 9/22/14 at 10:17 am to NC_Tigah
without free enterprise, it's true, we'd have a lot of equality. lots of equally destitute, oppressed, miserable people.
without corporate and LLC entities, free enterprise would be stifled.
I have a very hard time believing that 90% of Americans don't get these two simple concepts. I haven't yet read the article, so perhaps it's more nuanced than the OP title suggests.
without corporate and LLC entities, free enterprise would be stifled.
I have a very hard time believing that 90% of Americans don't get these two simple concepts. I haven't yet read the article, so perhaps it's more nuanced than the OP title suggests.
Posted on 9/22/14 at 10:25 am to ironsides
quote:
Question is: What would happen to the cost of goods if there wasn't a taxpayer subsidy?
Nothing. Claiming otherwise is to suggest that the basic law of supply and demand is not real. I certain that you will soon suggest that cost of goods would go up if it weren't for that subsidy but the truth is that the cost of production has absolutely nothing at all to do with the price of a produced good or service. That price is determined by the market...If you could simply pass on any increase in the cost of production to consumers with no ill effect there would be no need to manage a business...no matter what the costs of production you would simply charge the consumer.
I McDonalds is able to charge more for a Big Mac and is not doing so because the taxpayer is subsidizing their work force then Mickey D's is not maximizing its profits and is doing its shareholders a grave disservice. If they encur an increase in the cost of production the market won't bear an increase in the cost of their products UNLESS they are not charging the full market price for those products to begin with....which of course is a bad business decision.
Posted on 9/22/14 at 10:26 am to McLemore
quote:
without corporate and LLC entities, free enterprise would be stifled.
What about sole proprietorships?
Posted on 9/22/14 at 10:28 am to germandawg
quote:
What about sole proprietorships?
what about them? the title of the article (or post) said "corporations," so I assume this has something to do with fictional persons and not sole proprietorships.
eta: is your question the beginning of an argument to abolish fictional persons? have fun with that, but i'd love to read it.
This post was edited on 9/22/14 at 10:30 am
Posted on 9/22/14 at 10:28 am to Tigah in the ATL
quote:
Tiny house, 1 car, 1 tv with rabbit ears, radio, telephone on the wall in the kitchen, meals taken to work and prepared at home.
Yep. We've come a long ways, but it's not always a great thing.
I know poor family members that think it is a god given right that their 10 year old has to have a smart phone.
And don't you dare talk them out of their $95 a month cable package.
No hand washing car or changing their own oil either. shite, they can pay people for that.
And even though the pay check to pay check living with massive debt is their norm, they had to have a matching stainless steel kicthen set of good starndards.
What do you mean I should be bringing my lunch to work? And no, I'm not about to cut out my once every two week hair and nail appointments.
Give me more money dammit!!
Posted on 9/22/14 at 10:33 am to McLemore
quote:
What about sole proprietorships?
what about them? the title of the article (or post) said "corporations," so I assume this has something to do with fictional persons and not sole proprietorships.
eta: is your question the beginning of an argument to abolish fictional persons? have fun with that, but i'd love to read it.
You stated something to the effect that free enterprise would be stifled without LLC's and corporations (the same thing, by the way). I was asking do you think there is no free enterprise without the protection of the justice systems recognition of business organization? You seem to be suggesting that it is this recognition by the courts (which is a branch of government) that allows free enterprise.
Posted on 9/22/14 at 12:04 pm to germandawg
People can think that corporation contribute to income inequality without thinking that we need to abolish corporations.
Posted on 9/22/14 at 12:18 pm to Tigah in the ATL
quote:How exactly do they do that?
corporations contribute to income inequality
Posted on 9/22/14 at 12:22 pm to NC_Tigah
By controlling the political process maybe. I don't really think they do, but my point is that the belief doesn't mean people want communism and a state managed economy.
I haven't seen the survey but it's awfully easy to get people to answer the way you want.
I haven't seen the survey but it's awfully easy to get people to answer the way you want.
Posted on 9/22/14 at 12:26 pm to Tigah in the ATL
quote:I'd buy that. Except the international surveys track closely. Literally, people from developed nations want to "get CEOs" while those from developing nations want to "get to be CEOs".
I haven't seen the survey but it's awfully easy to get people to answer the way you want.
Posted on 9/22/14 at 12:28 pm to Reubaltaich
quote:
There was a time in this country that a kid could graduate high school and get a job at the local mill or factory.
have you ever been to Louisiana or Texas? I havent been to either since July but unless shite changed quick, your statement is asinine.
Posted on 9/22/14 at 12:36 pm to ItNeverRains
quote:
There was a time in this country that a kid could graduate high school and get a job at the local mill or factory.
My dad is over the maintenance department at a local paper mill and needs to hire 25 people before the summer of 2015 to replace retiring mechanics. He has had only one applicant that can pass the mechanics exam in the last 6 months, and they are paying $27 an hour. There is no way they will be able to find 25 people at this rate. We need more people learning trades and less liberal arts graduates.
Posted on 9/22/14 at 12:47 pm to chadau79
quote:
We need more people learning trades and less liberal arts graduates.
This.
Should have started several years ago in this state. I work in industry on the contracts side and it is amazing to see what is happening in a positive way for the pay, etc for those with a skill right now in TX and LA.
Texas has finally turned the corner and has some very good training programs in place.
The companies I deal with are begging for welders and pipefitters.
Posted on 9/22/14 at 12:59 pm to NC_Tigah
I don't believe you
Lights a cigarette
Lights a cigarette
Posted on 9/22/14 at 1:19 pm to NC_Tigah
In material terms, Americans are more equal now than ever before.
Posted on 9/22/14 at 1:21 pm to Reubaltaich
quote:
There was a time in this country that a kid could graduate high school and get a job at the local mill or factory.
He could live a decent middle-class life and momma could stay home and raise the children. The family could take a vacation every year and they could have a couple of vehicles parked in the driveway.
TBH, this was an outlier in American History, only occurring from roughly post WWII to the late seventies. Before that, blue collar work mostly hard, dangerous. ill paid, and unstable, with no benefits, and little job security. While it's nowhere near as bad as it once was, and is unlikely to get that bad again, it does seem to be reverting somewhat as employers regain the upper hand over labor.
Posted on 9/22/14 at 1:29 pm to germandawg
quote:
LLC's and corporations (the same thing, by the way).
ummmmm....No.
Posted on 9/22/14 at 1:36 pm to chadau79
quote:
We need more people learning trades and less liberal arts graduates.
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