100% stupid and 100% liberal of course since under liberals 60 million starved to death becaise it was not a living wage, now they not only live but can afford cars and movies more than Americans. Do you understand?
100% insane and liberal. How is helping them get rich taking advantage of them when before 60 million starved to death under liberalism??
i understand it is the socialism of command economics that builds entire, empty cities and not capitalism.
So the guy who cant speak english agrees that if capitalism, not liberal monopoly govt had been in charge empty cities would not have been built?
yes, it is currently, Only, an AnCapper's, (wet) dream. - - - Updated - - - dear, this is new understanding of the left, I am advocating for: Supply side economics should be supplying us with better governance at lower cost; through simplification of government.
dear, why call it supply side when the left detests the term. 100% backwards way as usual to go about teaching them anything.
dear, why call it supply side when the left detests the term. 100% backwards way as usual to go about teaching them anything. do you understand??
i believe the left should learn to love, using capitalism for all of its worth. supply side economics is just one economic paradigm. I don't mind working with it, if it will supply us with better governance at lower cost.
tariffs would improve the American standard of living for its poorer uneducated half under capitalism, by bringing living wage manufacturing jobs back to America. the china men might make war over this but the American military would fight for a good cause of defending its peoples quality of life, instead of wars now which make crony capitalists richer with banking and oil that do nothing for the people.
the holier than thou crony capitalists expect the uneducated and poorer half of Americans to lose their quality of life, so that 60 million china men don't starve under their communist leaders? we should end trade with corrupt countries instead of adopting their slave wage mentality to prevent a nuclear war, because only the rich don't want a nuclear war who have it so good under this arrangement.
tariffs can never beat Commerce well regulated. it really is that simple. why claim to be for capitalism, otherwise.
well regulated commerce is elitist capitalism, a lesser evil to today's crony capitalism, it rewards the educated and leaves behind the uneducated. more than half of Americans lost good quality of lives when living wage manufacturing jobs left America's borders, and they are not able to compete in today's commerce without tariffs by Donald Trump.
i believe we should merely start with a fifteen dollar an hour minimum wage, and unemployment compensation that is one dollar less, to help with rational choice theory.
they may have living wages under this, but will not have respectable employment as fry cooks since they will remain in the bottom rungs or lower classes of society. the uneducated will be respected with manufacturing jobs from tariffs by Donald Trump, along with living wages for disposable income that will put them on equal grounds with the educated.
I am not sure why anyone should believe that. It is not rational for capitalists to not have to make a profit in public accommodations. Thus, the least efficient Firms may fail upon consolidation of that sector and result in more efficient Firms at that new wage equilibrium. Is it not reasonable to expect capitalists to get their monies' worth out of fifteen dollar an hour Labor than current minimum wage Labor.
service sector industry is not respectable employment living wage or not, manufacturing is and always has been respectable employment. crony capitalists have turned half of Americans into maids and butlers, with minimum wage to add insult to injury. the other half who are being waited on are the educated elite, and their rich crony capitalist bosses.
that wasn't the question or the premise. you need more than diversion to convince me. fifteen dollar an hour labor is within the range of an efficiency wage for some labor market participants.
higher wages will not lead to more productive workers making french fries, kids don't have the dream of growing up to be fry cooks or walmart greeters. respectable employment in manufacturing or a contribution to making America great again is what leads to increased productivity, and can be done with Donald Trumps tariffs. the manufacturing for world war 2 was efficient because the people had purpose of defending their families, neighbors, and country, serving french fries to the educated and rich crony capitalists is not purpose driven.
And if these things transpire economic growth in the US will grind to a standstill on an absolute basis and the economy will contract on a per capita basis.
Crony capitalism results from BIG GOV picking winners. It by definition is economically inefficient. Tariffs on imports rewards inefficiency less productive production. Prices on goods sold in the US will rise which regressively impacts those in the lower income quintiles.
why does the concept of an efficiency wage exist? only the right claims capitalism is just plain useless, but for propaganda and rhetoric purposes.
