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re: CNBC: The upside of inflation - rising wages
Posted on 7/8/21 at 4:58 pm to GUAPLORD
Posted on 7/8/21 at 4:58 pm to GUAPLORD
quote:Youre almost there man. A few more posts and you’ll actually understand inflation.
As for why each business hurting for labor is unable to attract the workers they desire, I could begin to speculate. However, if want the labor (whether they're on the couch or at a competitive firm) you're going to have to attract them. For most, that means more money.
1
Posted on 7/8/21 at 4:59 pm to Lance Criminal 23
quote:I'm sure you'd love to live in a world where there is not public education or public works upkeep, but I wouldn't.
Of course it’s theft ??. The only thing that matters is how much we deem is too much or too little theft. Obviously a society devoid of taxes is impossible but by very definition it is theft. You either give the government your money or you are punished in some way.
quote:Not me. I never once said that I was struggling to find people. Of course my small business is exactly that. Me and two people, one of whom is family. But we sally forth anyway. We've been fortunate.
Why is this relevant? Money was taken by the government for you and given to people who did nothing to earn it and now people like you are having a hard time finding employees. This isn’t complicated.
Posted on 7/8/21 at 5:03 pm to klrstix
quote:Nothing you said is inaccurate.
Once again, you demonstrate your catastrophic misapplication of capitalism..
In your example you used two anglers.. implying two competing businesses. But the reality of the current circumstances is that I and many other businesses are competing against the government.. the government can print money on a whim to pay for their subsidies.. If I print money, I go to jail. Thats not capitalism under any circumstance in any universe.
But maybe you're a shite businessman? Perhaps your model is flawed? If you're struggling to compete (or catch fish), you may be in the tail end of your business lifecycle (or maybe you're a shite fisherman).
quote:Again, if a few stimmies are causing your labor to walk off, then maybe you did not appropriately value your labor. shite businessman.
Once again, completely wrong application.. people are being paid (more) to not work.. as in producing nothing... That not competition.. that is the government dictating the market... that is socialism.. not capitalism
Posted on 7/8/21 at 5:04 pm to GUAPLORD
quote:
Or pay them what they're worth?
One of the more insidious myths perpetrated on any populace... Paying someone what they are worth.
What are you worth?? Worth is like beauty, its always in the eye of the beholder.. So worth depends on who you ask...
In capitalism, worth is determined by market forces not government or philosophical rhetoric.
Posted on 7/8/21 at 5:06 pm to GUAPLORD
quote:
I'm sure you'd love to live in a world where there is not public education or public works upkeep, but I wouldn't.
It’s very clear that you did not comprehend the post you replied to
Posted on 7/8/21 at 5:08 pm to klrstix
quote:Apparently to him, market forces and government rhetoric or policy are one in the same.
In capitalism, worth is determined by market forces not government or philosophical rhetoric.
Posted on 7/8/21 at 5:10 pm to Lance Criminal 23
quote:I understand it fine.
Youre almost there man. A few more posts and you’ll actually understand inflation.
I think it sucks that businesses can't attract labor.
I also think it sucks that so many businesses were being operated so poorly that their labor walked off for a marginal increase in income.
Further, I don't think I ever argued that what we're seeing isn't artificial inflation. What I've argued is that many businesses have apparently been outmaneuvered by a few stimmies.
Let's say you have a smoking hot wife. A dime. A 10. And you find out someday that she's been cheating on you and has left you for another guy or girl. A conversation takes place where you learn that she left you because you never rinse your dishes and leave a mess in the sink. She's obviously a piece of shite for walking off behind something so trivial, but what does it say about you that you couldn't contribute just a little more to keep a balanced ecosystem?
Workers who want to stay at home and collect checks instead of working are garbage - I agree.
Employers who failed to stay engaged and value the human resource (the most important resource a business has) are now reaping what they sow.
Posted on 7/8/21 at 5:12 pm to klrstix
quote:Bingo.
One of the more insidious myths perpetrated on any populace... Paying someone what they are worth.
What are you worth?? Worth is like beauty, its always in the eye of the beholder.. So worth depends on who you ask...
In capitalism, worth is determined by market forces not government or philosophical rhetoric.
And labor is finding a new worth and shite businesses are paying for it.
Posted on 7/8/21 at 5:13 pm to Lance Criminal 23
quote:I did. You can't be "taxation is theft guy" and also "muh roads and muh public schools" guy.
It’s very clear that you did not comprehend the post you replied to
If you're benefitting from taxes (e.g. public schools, an educated populace, good infrastructure) then it isn't theft. You're getting something for your money.
Posted on 7/8/21 at 5:16 pm to GUAPLORD
quote:
Let's say you have a smoking hot wife. A dime. A 10. And you find out someday that she's been cheating on you and has left you for another guy or girl. A conversation takes place where you learn that she left you because you never rinse your dishes and leave a mess in the sink.
Did the government tax me and provide the guy who did dishes for her? If not then your analogy is fricking retarded.
quote:I don’t think you understand the definition of balanced ecosystem. If I go to the Amazon rainforest and burn down a million acres do we blame the endangered species there for not anticipating the outside influences not in their control?
She's obviously a piece of shite for walking off behind something so trivial, but what does it say about you that you couldn't contribute just a little more to keep a balanced ecosystem?
Posted on 7/8/21 at 5:18 pm to GUAPLORD
quote:Sure I can ??
You can't be "taxation is theft guy" and also "muh roads and muh public schools" guy.
quote:Lots of small businesses used to “benefit” from paying “protection money” to the mob too.
If you're benefitting from taxes (e.g. public schools, an educated populace, good infrastructure) then it isn't theft. You're getting something for your money.
Posted on 7/8/21 at 5:18 pm to Lance Criminal 23
quote:I said no such thing.
Apparently to him, market forces and government rhetoric or policy are one in the same.
But a person's decision to come to work or stay at home is not very different than a person choosing with whom to transact.
The person that chooses it's more valuable to stay at home than return to work was obviously not employed in a way where they felt their value was being realized.
Now maybe that's perceived in error by the labor. That might be true. Of course it also might be true that the firm did not properly value the labor.
Either way, we've arrived at the same destination.
Posted on 7/8/21 at 5:21 pm to Lance Criminal 23
quote:Nope. You were just a shite partner involved with another shite partner. shite businessman. shite fisherman. All the same thing.
Did the government tax me and provide the guy who did dishes for her? If not then your analogy is fricking retarded.
quote:Of course not. They're animals. We're talking about people.
I don’t think you understand the definition of balanced ecosystem. If I go to the Amazon rainforest and burn down a million acres do we blame the endangered species there for not anticipating the outside influences not in their control?
Posted on 7/8/21 at 5:22 pm to GUAPLORD
quote:Taxpayer provided stimmies and benefits are not market forces.
But a person's decision to come to work or stay at home is not very different than a person choosing with whom to transact
Yes, government policies can have the same affect as free market forces on the market but that does not mean they are same thing. One is natural occurrence in the market and the other is forced by an outside entity.
Posted on 7/8/21 at 5:24 pm to Lance Criminal 23
quote:Well then you'd be a hypocrite. I enjoy going back and forth with people who disagree with me, but if you move the goalposts as its convenient for you then there's probably no real reason to continue the banter.
Sure I can ??
quote:So the government is akin to the mafia now?
Lots of small businesses used to “benefit” from paying “protection money” to the mob too.
Enjoy your hyperboles.
Posted on 7/8/21 at 5:25 pm to GUAPLORD
quote:No. they aren’t the same thing because I don’t subsidize the other shite partner or businessman or fisherman with the money that I’ve earned. That’s the difference. Your analogy has me paying the guy who won’t wash dishes at my business to to frick my wife while I still pay for it. It’s nonsensical.
You were just a shite partner involved with another shite partner. shite businessman. shite fisherman. All the same thing.
Posted on 7/8/21 at 5:29 pm to GUAPLORD
quote:No I wouldn’t. I very clearly stated that in any civilized society some amount of taxation(theft) is necessary. The issue what is too little or too much.
Well then you'd be a hypocrite.
quote:Ive moved no goalposts. If so please tell me where I have so I can address it.
but if you move the goalposts as its convenient for you then there's probably no real reason to continue the banter.
quote:Exactly how are they different? Both make every move to further their own goals. Both “tax” people under their sphere of influence. Both use that money to kill people that they deem need to be killed. Philosophically what’s the difference?
So the government is akin to the mafia now?
Posted on 7/8/21 at 6:03 pm to GUAPLORD
quote:
That is capitalism at its core - getting paid appropriate value for the efforts of your labor. That goes for the firm as well as the worker.
Not sure if capitalism assumes you are getting into a bidding war with Uncle Sam Tbh
Posted on 7/8/21 at 6:13 pm to GUAPLORD
quote:
If you want to get a person up and off of the couch and back into the workplace, you're going to have to make it more lucrative for them than the current situation.
By all that is holy, why is it the government's job to fund the lifestyle of someone WHO REFUSES TO WORK!?
The rest of us are out here busting our humps to pay the bills, and the taxes, and plan for the future for our families. What happens if we all just decide to sit at home and draw a check? Just where do you get off thinking it's our responsibility to pay for someone to sit on their keester?!
Posted on 7/8/21 at 6:48 pm to Auburn1968
When I visited my uncle in Venezuela, 25 years ago, the exchange rate was 4/1. For every US Dollar you would get 4 bolivares. Today you would get $1.5 million Bolivares for each dollar. Actually, the Venezuelan currency is worthless and used for confetti.
Socialism really sucks.
Socialism really sucks.
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