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Old 04-03-2013, 09:20 AM
 
Location: California
2,477 posts, read 1,715,868 times
Reputation: 299

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Quote:
Originally Posted by baddoctor View Post
Youīre telling someone that has a 8 figure net worth and owns a business operating in 3 states that they failed economics. Thatīs rich.
If this were true, you would have a better understanding of the actual discussion.

I too own a business.

Quote:
Originally Posted by baddoctor View Post
China has a trade policy targeting the extraction of funds from US and Western Europe as it stands now. This nation did very well with domestic production for many years of most common products.

This production outsourcing practice has a domino effect as it relates to the real valuation of the US economy and dollar. Simply stated, consumers worldwide donīt need dollars anymore to by most goods outside of Oil, which is foreign produced as it is. The currency is artificially inflated and will devalue substantially at some point.

In conclusion, you McCheap penny saving crap isnīt worth more of my time. Feel free to self deport yourself.
Classic! WAFM For a supposed millionaire.......well, lets just leave it at that.

 
Old 04-03-2013, 09:34 AM
 
193 posts, read 285,638 times
Reputation: 231
Quote:
Originally Posted by Liquid Reigns View Post
If this were true, you would have a better understanding of the actual discussion.
A better understanding? Really. Enlighten us all.
 
Old 04-03-2013, 09:39 AM
 
Location: California
2,477 posts, read 1,715,868 times
Reputation: 299
Quote:
Originally Posted by baddoctor View Post
A better understanding? Really. Enlighten us all.
I already have.
 
Old 04-03-2013, 09:46 AM
 
Location: California
2,477 posts, read 1,715,868 times
Reputation: 299
Quote:
Originally Posted by baddoctor View Post

Youīre telling someone that has a 8 figure net worth and owns a business operating in 3 states that they failed economics. Thatīs rich.

China has a trade policy targeting the extraction of funds from US and Western Europe as it stands now. This nation did very well with domestic production for many years of most common products.

This production outsourcing practice has a domino effect as it relates to the real valuation of the US economy and dollar. Simply stated, consumers worldwide donīt need dollars anymore to by most goods outside of Oil, which is foreign produced as it is. The currency is artificially inflated and will devalue substantially at some point.

In conclusion, you McCheap penny saving crap isnīt worth more of my time. Feel free to self deport yourself.
And yet, you couldn't answer one of my questions to you? How odd.
 
Old 04-03-2013, 10:39 AM
 
193 posts, read 285,638 times
Reputation: 231
What is a decent wage? Why should employers be responsible for your health care and various other personal issues? Seems you don't understand the argument.

-Above the poverty level as set by jurisdiction. Wages eventually contributes to benefits in some form or fashion. The framework matters more, and that could dictate employers or workers ability to pay for it. As it stands now, it is more cost effective when employers to provide it. Bulk Discount essentially. It offers more effective compensation, as evidenced by many who take jobs they dislike or with low pay with better insurance plans.

Migrant farm workers were coming here prior to NAFTA. For many, it is a "right of passage" to manhood to leave the home, go to the US and work, send money home and buy land and build a house in their country of origin. For others it was an escape from civil wars within their nations.

-So why should we allow labor and money to leave this country under this system? Iīd say flatly no as it creates a unsustainable cycle of wealth extraction.

Is China suppose to have the exact same work/labor rules as the US? Aren't they an individual nation in charge of themselves? Wouldn't the level playing field be better suited if tariffs were placed on imports? (The downside is that China would also place tariffs on US made goods and thus decrease US production further - again you failed economics)

Quality of pay is going down, over supply of labor does that, but then so does trade and competition. Why must a company offer benefits? They are not required to.

-Again, the trade system is currently a wealth extraction system against this nation. As I said previously, in the current framework, benefits offer a more efficient compensation to the employee. It allows a company to attract at a lower wage, of course unless they are interested in only poverty wages, which in many cases is illegal in the first place.


I didnīt answer these questions directly because by context it is cheap and destructive perspective. You might as well ask why donīt we bring back slavery? Why should someone not be allowed to own a human? It made economic sense to many at one point.
 
Old 04-03-2013, 02:18 PM
 
31,891 posts, read 14,685,001 times
Reputation: 8502
Quote:
Originally Posted by baddoctor View Post
What is a decent wage? Why should employers be responsible for your health care and various other personal issues? Seems you don't understand the argument.

-Above the poverty level as set by jurisdiction. Wages eventually contributes to benefits in some form or fashion. The framework matters more, and that could dictate employers or workers ability to pay for it. As it stands now, it is more cost effective when employers to provide it. Bulk Discount essentially. It offers more effective compensation, as evidenced by many who take jobs they dislike or with low pay with better insurance plans.

Migrant farm workers were coming here prior to NAFTA. For many, it is a "right of passage" to manhood to leave the home, go to the US and work, send money home and buy land and build a house in their country of origin. For others it was an escape from civil wars within their nations.

-So why should we allow labor and money to leave this country under this system? Iīd say flatly no as it creates a unsustainable cycle of wealth extraction.

Is China suppose to have the exact same work/labor rules as the US? Aren't they an individual nation in charge of themselves? Wouldn't the level playing field be better suited if tariffs were placed on imports? (The downside is that China would also place tariffs on US made goods and thus decrease US production further - again you failed economics)

Quality of pay is going down, over supply of labor does that, but then so does trade and competition. Why must a company offer benefits? They are not required to.

-Again, the trade system is currently a wealth extraction system against this nation. As I said previously, in the current framework, benefits offer a more efficient compensation to the employee. It allows a company to attract at a lower wage, of course unless they are interested in only poverty wages, which in many cases is illegal in the first place.


I didnīt answer these questions directly because by context it is cheap and destructive perspectmight as well ask why donīt we bring back slavery? Why should someone not be allowed to own a human? It made economic sense to many at one point.
First off only 3-4% of illegal immigrants are picking crops. I don't care what their culture of "right of passage" is. It does not negate our immigration laws. There are legitimate refugees and then there are those here for economic gain. We have no legal avenue to come here under an economic refugee status.
 
Old 04-03-2013, 02:39 PM
 
Location: California
2,477 posts, read 1,715,868 times
Reputation: 299
Quote:
Originally Posted by baddoctor View Post
Above the poverty level as set by jurisdiction. Wages eventually contributes to benefits in some form or fashion. The framework matters more, and that could dictate employers or workers ability to pay for it. As it stands now, it is more cost effective when employers to provide it. Bulk Discount essentially. It offers more effective compensation, as evidenced by many who take jobs they dislike or with low pay with better insurance plans.
Who sets the poverty level and why should an employer be forced to provide a wage higher then what the position demands? This increased cost gets placed into the product which in turn increases the price and places undue costs on purchasers and if costs increase fewer people can purchase and production may decline and then people may be layed-off. Again, economics fail.

Quote:
Originally Posted by baddoctor View Post
-So why should we allow labor and money to leave this country under this system? Iīd say flatly no as it creates a unsustainable cycle of wealth extraction.
So if money and labor can not leave, large corporations will leave and then you have even fewer jobs. Again, economics fail.

Quote:
Originally Posted by baddoctor View Post
-Again, the trade system is currently a wealth extraction system against this nation. As I said previously, in the current framework, benefits offer a more efficient compensation to the employee. It allows a company to attract at a lower wage, of course unless they are interested in only poverty wages, which in many cases is illegal in the first place.
Labor supply dictates whether a company offers benefits or not. Low labor supply companies increase benefits to attract employees. Again, economics fail.


Quote:
Originally Posted by baddoctor View Post
I didnīt answer these questions directly because by context it is cheap and destructive perspective. You might as well ask why donīt we bring back slavery? Why should someone not be allowed to own a human? It made economic sense to many at one point.
Slavery is not the same as employing a person to do work. Again, economics fail.

For a supposed business owner you seem to know very little in regards to our economy and basic economics.
 
Old 04-03-2013, 07:04 PM
 
193 posts, read 285,638 times
Reputation: 231
Quote:
Originally Posted by Liquid Reigns View Post
Who sets the poverty level and why should an employer be forced to provide a wage higher then what the position demands? This increased cost gets placed into the product which in turn increases the price and places undue costs on purchasers and if costs increase fewer people can purchase and production may decline and then people may be layed-off. Again, economics fail.

So if money and labor can not leave, large corporations will leave and then you have even fewer jobs. Again, economics fail.

Labor supply dictates whether a company offers benefits or not. Low labor supply companies increase benefits to attract employees. Again, economics fail.


Slavery is not the same as employing a person to do work. Again, economics fail.

For a supposed business owner you seem to know very little in regards to our economy and basic economics.
What a big demonstration on the Rush Limbaugh school of economics. You miss the point, the corporations, especially the ones extracting wealth from this country should leave.
 
Old 04-03-2013, 07:11 PM
 
Location: California
2,477 posts, read 1,715,868 times
Reputation: 299
Quote:
Originally Posted by baddoctor View Post
What a big demonstration on the Rush Limbaugh school of economics. You miss the point, the corporations, especially the ones extracting wealth from this country should leave.
I'll bet you were an OWS'er or are an OWS sympathizer. Based on your comments I'll also bet you finished high school and never went to college or had a basic class in economics. Your comments are socialist in nature. When questioned, you have no reasonable answer, when pushed you generalize. Do you think what President Hoover did in the 1920's was the right thing to do? Make a deal with corporations to keep their employees at high wages only to watch the country fall further into despair and those corporations go out of business, people losing work, and the onslaught of the great depression begin? Globalization has happened, the US was late to the party. your ideals only further the onslaught of the recession we are in now.
 
Old 04-03-2013, 07:35 PM
 
193 posts, read 285,638 times
Reputation: 231
Quote:
Originally Posted by Liquid Reigns View Post
I'll bet you were an OWS'er or are an OWS sympathizer. Based on your comments I'll also bet you finished high school and never went to college or had a basic class in economics. Your comments are socialist in nature. When questioned, you have no reasonable answer, when pushed you generalize. Do you think what President Hoover did in the 1920's was the right thing to do? Make a deal with corporations to keep their employees at high wages only to watch the country fall further into despair and those corporations go out of business, people losing work, and the onslaught of the great depression begin? Globalization has happened, the US was late to the party. your ideals only further the onslaught of the recession we are in now.
Again, with this nonsense. Anything you donīt understand has to be socialism. Typical redneck trademark.

The US used to be the worlds manufacturer for just about everything. Now we import anything more complicated than a refrigerator. So please, spare me the bull**** of how we were late to globalization.

My handle has doctor in it for a reason.
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