Author Topic: Taxes, jobs and economic prosperity  (Read 13915 times)

Headless Thompson Gunner

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Re: Taxes, jobs and economic prosperity
« Reply #50 on: March 30, 2010, 07:22:51 PM »
Uh, what about the other 324 million?
They get freed up to do more interesting things, like writing software or doing heart transplants.

PTK

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Re: Taxes, jobs and economic prosperity
« Reply #51 on: March 30, 2010, 07:27:02 PM »
Or building and fixing guns...  ;)
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Headless Thompson Gunner

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Re: Taxes, jobs and economic prosperity
« Reply #52 on: March 30, 2010, 07:29:23 PM »
I'm going to go eat dinner, and relish the fact that I didn't have to grow the food myself.

 ;)

MicroBalrog

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Re: Taxes, jobs and economic prosperity
« Reply #53 on: March 30, 2010, 07:57:04 PM »
Hey, Micro, you're proving my point.  Okay, let's take food production.  Six million farmers get it done.  Uh, what about the other 324 million?  I never said America lacked technology or technological superiority, I said that technological superiority was not spread over anything like the entire current population.

There's no need to do that. There are many people producing goods which may not be tangible or valuable to you, but which are clearly valuable to other people, since they're buying them. And the economic superiority of America's farmers and other producers is what allows labor to be freed up for these things.

Heart transplants, software - and things that seem to be of no 'tangible' value, like banking services, films, plays, private space ventures, and so on and so forth. You may not value them this much, but they are part of how modern wealth gets created.

Oh, and about that food stuff? Since 2008, China has been a net food importer. Those Chinese workers?

They have 50 times as many Chinese working on a slightly greater amount of land - and yet they need to import food from America.

With all of those 300 million farmers, those oh-so-superior Chinese farmers need to import food from the United
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Tallpine

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Re: Taxes, jobs and economic prosperity
« Reply #54 on: March 30, 2010, 08:15:56 PM »
I'm going to go eat dinner, and relish the fact that I didn't have to grow the food myself.

 ;)

Ah, but home raised free range chicken eggs are so much better than store bought  :P

Great way to turn grasshoppers into palatable protein.  ;)
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

sanglant

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Re: Taxes, jobs and economic prosperity
« Reply #55 on: March 30, 2010, 08:20:59 PM »
or you could just fry em up and have a taco. [tinfoil]
http://www.youtube.com/watch?v=JFn3GKVLHnM
http://www.youtube.com/watch?v=QMLLuOvb7hQ

now then, im'ma go make a batch of tortillas and quarter them and fry up some tortilla chips [popcorn]


EDIT: Mmmmm tortilla chips [popcorn] =D
« Last Edit: March 30, 2010, 09:20:55 PM by sanglant »

grey54956

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Re: Taxes, jobs and economic prosperity
« Reply #56 on: March 30, 2010, 08:38:04 PM »
The US needs to ditch minimum wage.  Period.

Our advantage over the rest of the world since industrialization is technological advancement.  The USA always figures out how to do things faster, better, and cheaper using improved technology.  The only problem we have currently is an inflated labor wage.  This leads to companies moving jobs off-shore.  The problem with this is that they frequently move the technology off-shore, too.  Once the technological edge leaves the US, it is copied and adopted by foreign competition.

Kill the minimum wage.  Let wages adjust to where they ought to be.  Watch the US economy take off like a rocket.
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kgbsquirrel

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Re: Taxes, jobs and economic prosperity
« Reply #57 on: March 31, 2010, 12:23:55 AM »
The US needs to ditch minimum wage.  Period.

Our advantage over the rest of the world since industrialization is technological advancement.  The USA always figures out how to do things faster, better, and cheaper using improved technology.  The only problem we have currently is an inflated labor wage.  This leads to companies moving jobs off-shore.  The problem with this is that they frequently move the technology off-shore, too.  Once the technological edge leaves the US, it is copied and adopted by foreign competition.

Kill the minimum wage.  Let wages adjust to where they ought to be.  Watch the US economy take off like a rocket.

I thought one of the other reasons for moving business off shore was the U.S.'s corporate tax rate that can range up to 39%, one of the highest in the world, so it would only make good business sense to move to China (25%), Taiwan (25%), South Korea (13-25%), Chile (15%) or pretty much anywhere else for that matter. Perhaps a (and god help me for suggesting it) slash in the corporate tax should be tried first? Of course it wouldn't hurt if a select group of 500 people out of the 300,000,000 in our country tried to stop spending us into an even deeper hole than we are already in.

longeyes

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Re: Taxes, jobs and economic prosperity
« Reply #58 on: March 31, 2010, 02:23:03 PM »
Quote
There's no need to do that. There are many people producing goods which may not be tangible or valuable to you, but which are clearly valuable to other people, since they're buying them. And the economic superiority of America's farmers and other producers is what allows labor to be freed up for these things.

Heart transplants, software - and things that seem to be of no 'tangible' value, like banking services, films, plays, private space ventures, and so on and so forth. You may not value them this much, but they are part of how modern wealth gets created.

Now why didn't I think of that...they'll be doing Other Things.  Uh-huh, yeah, get that, and, yes, I do value all that, but the issue is at what price and at what average standard of living in today's Funny Dollars.  Let me hazard a guess that most people won't be writing software or doing heart transplants but will be pushing paper in slo-mo and watching monitors of what will then be a vast criminalized America or standing in long, long lines at the welfare office.
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Headless Thompson Gunner

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Re: Taxes, jobs and economic prosperity
« Reply #59 on: March 31, 2010, 06:01:45 PM »
Say what?

 ???

longeyes

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Re: Taxes, jobs and economic prosperity
« Reply #60 on: March 31, 2010, 06:54:13 PM »
Say this: a society that is committed to "leveling" isn't going to be in the vanguard of anything very long.  And that's where this once great nation is headed.
"Domari nolo."

Thug: What you lookin' at old man?
Walt Kowalski: Ever notice how you come across somebody once in a while you shouldn't have messed with? That's me.

Molon Labe.

Headless Thompson Gunner

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Re: Taxes, jobs and economic prosperity
« Reply #61 on: March 31, 2010, 07:08:41 PM »
What you talkin' bout, Willis?

Leveling?  Criminalized America and welfare lines?

I think you just flew off on a tangent and forgot to invite the rest of us along with you.

longeyes

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Re: Taxes, jobs and economic prosperity
« Reply #62 on: April 01, 2010, 01:54:01 AM »
The reference was to our future economy, conditioned by The Great Leveling of our egalitarian President and his votaries, an economy that will feature an ever greater welfare state manned by cubicle hamsters, more hamsters monitoring video screens (think U.K.) for hamster crime, and hamsters queueing up for soylent hamster. =D

Now where were we, Willis?
"Domari nolo."

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Molon Labe.

sanglant

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Re: Taxes, jobs and economic prosperity
« Reply #63 on: April 01, 2010, 08:46:03 AM »
linking the car.....err washing the car, yeah that's it washing the car. =D

zahc

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Re: Taxes, jobs and economic prosperity
« Reply #64 on: April 01, 2010, 09:52:48 AM »
Quote
When it gets down to it — talking trade balances here — once we've brain-drained all our technology into other countries, once things have evened out, they're making cars in Bolivia and microwave ovens in Tadzhikistan and selling them here — once our edge in natural resources has been made irrelevant by giant Hong Kong ships and dirigibles that can ship North Dakota all the way to New Zealand for a nickel — once the Invisible Hand has taken away all those historical inequities and smeared them out into a broad global layer of what a Pakistani brickmaker would consider to be prosperity — y'know what? There's only four things we do better than anyone else:
music
movies
microcode (software)
high-speed pizza delivery

Sadly, given the state of Big Content and the H1B, I think Mr. Stevenson was being overly optimistic.
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Headless Thompson Gunner

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Re: Taxes, jobs and economic prosperity
« Reply #65 on: April 01, 2010, 08:56:59 PM »
The reference was to our future economy, conditioned by The Great Leveling of our egalitarian President and his votaries, an economy that will feature an ever greater welfare state manned by cubicle hamsters, more hamsters monitoring video screens (think U.K.) for hamster crime, and hamsters queueing up for soylent hamster. =D

Now where were we, Willis?
We were talking about economics.  About resource allocation, and comparative advantage, and mutually beneficial trade, and similar suchlike.

At least, that's what I thought we were talking about.  But apparently we're noww talking about hamsters.

 :laugh:

longeyes

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Re: Taxes, jobs and economic prosperity
« Reply #66 on: April 01, 2010, 09:06:31 PM »
Yes, we were: hamsternomics. 

An economy reflects the ability and adaptability of its people.  Perhaps you are comfortable with what you see around you; I am not.  What has set America apart, besides its core political values, is its science and technology.  How long do you think our edge in those areas will remain with The Great Leveler in the White House obsessed with "disparate impact?"
"Domari nolo."

Thug: What you lookin' at old man?
Walt Kowalski: Ever notice how you come across somebody once in a while you shouldn't have messed with? That's me.

Molon Labe.

Headless Thompson Gunner

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Re: Taxes, jobs and economic prosperity
« Reply #67 on: April 02, 2010, 01:11:08 PM »
Who said anything about being comfortable with Obama's actions regarding the economy?

longeyes

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Re: Taxes, jobs and economic prosperity
« Reply #68 on: April 02, 2010, 03:37:46 PM »
Well, that's good news.
"Domari nolo."

Thug: What you lookin' at old man?
Walt Kowalski: Ever notice how you come across somebody once in a while you shouldn't have messed with? That's me.

Molon Labe.

Tallpine

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Re: Taxes, jobs and economic prosperity
« Reply #69 on: April 02, 2010, 06:52:03 PM »
Does anyone else find it disturbing that the default position of socialists is that we must come up with reasons why they shouldn't steal our property in order to give it to somebody else ???
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

sanglant

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Re: Taxes, jobs and economic prosperity
« Reply #70 on: April 02, 2010, 09:51:37 PM »
sorry man, but no. i'm used to it. :facepalm: kinda like being told i was cheating when i was the first one handing in tests. it's just the way of the world. [popcorn]