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Old 08-10-2012, 08:51 PM
 
6,271 posts, read 4,049,234 times
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"all leading to a more 'me' based culture and hence,an economic system of avaricious capitalism."

I am thinking you need to read history more.
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Old 08-10-2012, 09:03 PM
 
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Quote:
Originally Posted by boxus View Post
"If consumers paid $1 more per gallon of gas and the money went to reduce traffic through wider roads and more mass transit, the consumer would rail on about how he was getting screwed out of say $20-30 per week. However most people driving in the traffic make at least $20 per hour so if the projects cut down 2 hours they had to spend in their car, they come out ahead in time not wasted on the road."

Makes no sense, where is the $20/hr coming from? This is assuming during those two hours they could be doing something that makes them $20/hr. Getting to work faster does not make someone more money, they are not getting paid in lieu of sitting in traffic.
My time is valuable, is yours not?
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Old 08-10-2012, 10:03 PM
 
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Quote:
Originally Posted by Willy702 View Post
My time is valuable, is yours not?
You did not answer my question; where is the $20/hr coming from?
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Old 08-10-2012, 10:09 PM
 
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I'm pretty sure $20/hr is an estimate... however it seems reasonable, if not on the low end. I wonder what the real number is.
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Old 08-11-2012, 01:29 AM
 
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My boss won't pay me an extra $20 if I get to work one hour early, so I think it is a valid question.

where is that extra money going to come from?
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Old 08-11-2012, 02:20 AM
 
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Quote:
Originally Posted by Kenneth-Kaunda View Post
My boss won't pay me an extra $20 if I get to work one hour early, so I think it is a valid question.

where is that extra money going to come from?
You have to consider the value of your time outside of work. For example.... if I had an extra hour/day, I'd either spend that hour crunching financial numbers (to maximize my investments) or spending time with my family. If I choose to spend it crunching numbers.... then it can easily be worth some $$ amount since as the result of those numbers, I will have made some money in the market.

Everyone's value of time is different. But remember that there's unlimited amount of money out there and only a limited amount of time. Don't worship the wrong one.
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Old 08-11-2012, 05:10 AM
 
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how can there be an unlimited amount of money out there - I do not buy that idea.

surely if this were the case, there would be no poverty?

anyway, new question - why can't Communism work?
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Old 08-11-2012, 06:33 AM
 
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Quote:
Originally Posted by Kenneth-Kaunda View Post

anyway, new question - why can't Communism work?
Communism does work. Where did you get the idea that it doesn't?
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Old 08-11-2012, 07:47 AM
 
Location: Northern NJ/Amagansett, NY
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Quote:
Originally Posted by Kenneth-Kaunda View Post
how can there be an unlimited amount of money out there - I do not buy that idea.

surely if this were the case, there would be no poverty?
You are thinking about it the wrong way.
There IS an unlimited amount of money out there, at least in theory. What is limited is product and/or resources. You can print as much paper as you like, but the value of the paper is determined by it's ratio to product. That is one of several reasons why there is still poverty.
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Old 08-11-2012, 06:53 PM
 
5,190 posts, read 1,791,457 times
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Quote:
Originally Posted by NJBest View Post
Communism does work. Where did you get the idea that it doesn't?
well the consensus on the board seems to be that it does not work, ie: Soviet Union demise etc..

anyway, I think I will start a new thread on this topic - so hope to see you there
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