That is the essence of liberalism's success...The promise to use government to acquire goodies for liberals in exchange for votes and political power.
Greed is when your American laborers demand more for their labor than the market will allow... Your second example is greed. Your third is crony capitalism and stupidity on the part of voters who have the power to stop such nonsense.
whatever else I don't know, what I do know is that we can't print our way to prosperity. it's about time you learned that too.
I believe he said 'raise taxes'...your argument is a straw man. There are already more tax revenues than we need to cover legit expenses...
That is also greed. But comparing people's greed to get health benefits and pensions and couple extra thousand dollars is laughable when compared to $100 million golden parachute payments to an individual person who needed his company to be saved by the tax payer.
I have never said we can print our way to prosperity. However I have said we can produce our way to prosperity and printing money can lead to more production. But we have gone over this in detail and you have demonstrated that your willingness to accept basic economic facts is not going to happen.
Unfortunately, there is not a single economic fact that I can bring up that you will agree with. Your stance is simply to deflect everything and stick to your... "It would be better" approach. One of the most basic facts I have represented is one that you still deny. Which means that you're so lost in your own mind that it is impossible to grasp logic. The fact you think every additional monetary unit takes away purchasing power from others is where your entire economic theory collapses and why all your conclusions thereafter are incredibly wrong.
Hardly as the impact of those hundreds of thousands of folk demanding money or benefits they have not earned and cannot be paid is far more than the cost of excessive CEO ay or bonuses... There is no free lunch.
If you want to assume the conclusion of your argument that's up to you I guess. Thought experiment: if I counterfeit myself 1 billion dollars, and the I go out and spend it on watches, did I not steal purhasing power? Where did my purchasing power come from?
They are teachers and cops, it's not like they are asking for much for doing a job their entire lives that has very little upside financially. The fact you target one of the poorest groups in America as "greedy" is what is so funny.
Only if the watch maker can't make any more watches. And your purchasing power comes from the watch makers willingness to make you a watch for your money. The watch maker does not care where you got your money from.
Let's say he works part time and enjoys leisure, but he would work full time if he could sell more watches. Where did my purchasing power come from?
Your purchasing power comes from those that produce goods that are willing to exchange their production from your money. In this case if the money is found out to be fraudulent and taken out of the system then you have screwed over whoever ends up with that money because they basically produced goods for free. If you were able to create legal money than it would be no different than someone finding gold.
lets say I will never be caught. the watchmaker accepts the 1billion to make more watches and gives up his free time. while the watchmaker does not care where my purchasing power comes from, he certainly cares that I am trading him purchasing power (as he does not intend to decorate his living room with 100 dollar bills). the watchmaker intends to spend the money I trade him. when he spends the money will he not bid up prices for everyone else?
This is a kind of bad example. Because spending $1 billion on watches isn't really realistic. BUT, just to go with the flow. He will only bid up prices for everyone else if they do not have the ability to produce more. Say he wants a house, if a home builder has too many houses on his schedule and can't build enough houses for the demand, then the home builder will raise his prices as the watch maker would be willing to pay a higher price to get his home built than the others.
Does it ever sound to the rest of you like this is all just a paperwork problem? I mean, the problem isn't that people aren't working hard or producing.
P. Lotor, Your theory only works if a country has reached it's productivity capacity and every additional monetary unit chasing goods does in fact cause inflation. But since that is not reality, your theory is simply debunked.
Right. You're saying your greed is okay but his greed isn't okay. I haven't seen anything about unions and a "couple extra thousand dollars". Never. They give Democrat polticians $100 million and whine about a "couple thousand dollars"? I don't think so. Bottom line, your greed is good but everyone else's is bad.
Capitalism breed and attracts greed mongers world wide. Just as religious youth groups attract and breed pedophilia.
You got that right. No other job in the USA can you work only 8 months a year, get paid vacation and sik days, and only work 4 to 6 hours a day with no oversight or accountability and still beg for better conditions, more pay, smaller classes, more training, and sit around for 2 hours and get paid overtime discusing how thigs could be better. Cops work for their money and they do some extrordanary stuff. Teachers and that massive buerocracy they created to suk up more tax money is not worth the billions we pay them. In fact the department of education and school districts are the reaosn America is failing economically, socailly, and intelectually. The public schools are too big to fail. So they 12 to 14 kids in a class is too much, and Mexicans are the problem. sure, we all bite on that propaganda. Only solution is to bring back the draft and let the military fix all those ill programed youth that the public schools of the uSA have screwed up. I bet you there will be less wars for profit, and stronger more intelligent adults who will be real leaders, and not spoiled suck ups.
Never said that, you are just making things up. And I do not work for the Govt so it has nothing to do with me.
