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LOUD NOISES A place for political mudslinging, Pro/Anti legalization, gay marriage debate, Gun control rants, etc. If it's political, controversial, or hotly debated, it goes here. No regular Off-Topic stuff allowed. READ THE RULES BEFORE POSTING! |
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10-29-2010, 10:25 PM | #34 | |
Zilvia FREAK!
Join Date: Aug 2005
Location: Orange Park, FL (Jax)
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As blue collar jobs have disappeared, this has been found to not be true. Factory employee's are not retrained with a high degree of success into a white collar positions. Also economies can not survive just on service. They must have a product to make. Something to export. The biggest change from 1998-2008 was the conversion from manufacturing to jobs like banking and insurance. They do not create any value though which is something an economy must do. As to the price of education, with drop out rates at 40+%. What good is a free college education with these kids can't graduate highschool? Lets face it. Not everyone aspires to be a rocket scientist.
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11-01-2010, 03:38 AM | #36 |
Post Whore!
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Protip:
Focus more on making your self wealthy through education, investment, or entrepreneurship instead of taking wealth from someone else
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11-02-2010, 05:12 AM | #37 | |
Post Whore!
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Here's one for thought, the average "poor" person in America is one of the wealthiest people in the world. No body starves to death or dies from plauge in America short of being cause by metal illness, parental neglect or abuse. |
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11-02-2010, 07:29 AM | #39 | ||||
Nissanaholic!
Join Date: Mar 2005
Location: DC Metro Area
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That's called Protectionism. Go look that up and tell me how well you think it works. I'll wait, I've got all day.
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The reason why US "goods and products" are, at times, not competitive is either because they are inferior or because they are more expensive. Consumers are, on average, rational creatures and they are unlikely to buy a more expensive or inferior product simply because a taxpayer-funded ad tells them to. The only way to get people to artificially buy domestic products when they would otherwise buy foreign is to slap huge taxes and tariffs on the foreign products so that they are no longer price competitive. Thus, more taxes. You're not for or against anything in particular, you're just miffed people aren't more altruistic when it comes to their purchasing choices. That isn't a policy platform. EDIT: Quote:
Banking and insurance actually *does* create value, as the stability of a financial system will go a long way towards ensuring that the entities that operate within it will prosper more evenly and more free of tumult that they would if said system was unstable (this is one of many, many examples). The value added by services is less tangible and harder to understand than the value added by someone building a car or a refrigerator, but there is value nonetheless. More than 60% of our GDP is currently made up of services.
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11-02-2010, 08:25 AM | #40 |
Leaky Injector
Join Date: Dec 2008
Location: Hudson Valley NY
Age: 36
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10 Men and a Bar Tab
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay $3. The seventh would pay $7. The eighth would pay $12. The ninth would pay $18. The tenth man (the richest) would pay $59. So, that's what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. 'Since you are all such good customers, he said, 'I'm going to reduce the cost of your daily beer by $20. Drinks for the ten now cost just $80. The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. But what about the other six men - the paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?' They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay. And so: The fifth man, like the first four, now paid nothing (100% savings). The sixth now paid $2 instead of $3 (33%savings). The seventh now pay $5 instead of $7 (28%savings). The eighth now paid $9 instead of $12 (25% savings). The ninth now paid $14 instead of $18 (22% savings). The tenth now paid $49 instead of $59 (16% savings). Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings. 'I only got a dollar out of the $20,'declared the sixth man. He pointed to the tenth man,' but he got $10!' 'Yeah, that's right,' exclaimed the fifth man. 'I only saved a dollar, too. It's unfair that he got ten times more than I!' 'That's true!!' shouted the seventh man. 'Why should he get $10 back when I got only two? The wealthy get all the breaks!' 'Wait a minute,' yelled the first four men in unison. 'We didn't get anything at all. The system exploits the poor!' The nine men surrounded the tenth and beat him up. The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill! And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier. David R. Kamerschen, Ph.D. Professor of Economics, University of Georgia
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