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Old 12-27-2011, 06:31 PM
 
3,852 posts, read 4,520,698 times
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So, going by a quick wikipedia search, Denmark has a workforce of 2.9 million out of 5.5 million people.

The US has a workforce of 155 million out of 310 million people.

Strangely enough, it's almost like most people enjoy doing productive things vs doing nothing all the time, even in socialist paradises that ensure benefits go to everyone. Most people don't enjoy having to survive only on things given to them, and it turns out even if a decent living is provided, people always enjoy even more money.

Also Denmark currently has a lower unemployment rate to top it.
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Old 12-27-2011, 06:39 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
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So when do you leave for Denmark ?
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Old 12-27-2011, 06:50 PM
 
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Its demand side economics.

Give all the money to the masses and you can be sure they will spend it which greatly stimulates economic activity giving you a vibrant economy. Makes sense to me.

Versus supply side/trickle-down economics

Where you give all the money to the top 1% so they end up with far more than they can spend so they horde it all in their offshore bank accounts assuring the money doesn't circulate in your economy. This is what causes a depression. All the wealth accrues to the top 1% where it doesn't circulate, stagnating and depressing economic activity.

Supply-side is a recipe for disaster.
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Old 12-27-2011, 06:50 PM
 
Location: United State of Texas
1,707 posts, read 6,211,477 times
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Stupider?
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Old 12-27-2011, 07:04 PM
 
Location: Inland Empire, Calif
2,884 posts, read 5,642,077 times
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Quote:
Originally Posted by Interlude View Post
So, going by a quick wikipedia search, Denmark has a workforce of 2.9 million out of 5.5 million people.

The US has a workforce of 155 million out of 310 million people.

Strangely enough, it's almost like most people enjoy doing productive things vs doing nothing all the time, even in socialist paradises that ensure benefits go to everyone. Most people don't enjoy having to survive only on things given to them, and it turns out even if a decent living is provided, people always enjoy even more money.

Also Denmark currently has a lower unemployment rate to top it.
Everyone gets to express their opinion, no matter how terribly wrong you are, and you are way off base.
Get the facts before making a fool of yourself...........
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Old 12-27-2011, 07:18 PM
 
Location: it depends
6,369 posts, read 6,410,222 times
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Quote:
Originally Posted by cisco kid View Post
Its demand side economics.

Give all the money to the masses and you can be sure they will spend it which greatly stimulates economic activity giving you a vibrant economy. Makes sense to me.

Versus supply side/trickle-down economics

Where you give all the money to the top 1% so they end up with far more than they can spend so they horde it all in their offshore bank accounts assuring the money doesn't circulate in your economy. This is what causes a depression. All the wealth accrues to the top 1% where it doesn't circulate, stagnating and depressing economic activity.

Supply-side is a recipe for disaster.
If you give "ALL the money" to the masses, they will have nothing to exchange it for, and will end up burning it to keep warm.

Those wonderful people who provide goods and services to people who vote with their wallets for the best combination of value and price, they need a return to justify the risks of competing in the marketplace. And the more value they provide to the rest of us, the wealthier they get.

Please don't respond with some example of a crony capitalist that got bailed out--there are only a few dozen of those, and their existence should not be used to attack the millions of enterprises in this country that are NOT in the 1%, DID NOT get bailed out, and aren't even acquainted with any politicians much less have "crony" status.
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Old 12-27-2011, 07:19 PM
 
3,852 posts, read 4,520,698 times
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Care to explain how I am off base or do you just want to dump and run?
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Old 12-27-2011, 08:08 PM
 
4,019 posts, read 3,953,588 times
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Quote:
Originally Posted by marcopolo View Post
If you give "ALL the money" to the masses, they will have nothing to exchange it for, and will end up burning it to keep warm.

Those wonderful people who provide goods and services to people who vote with their wallets for the best combination of value and price, they need a return to justify the risks of competing in the marketplace. And the more value they provide to the rest of us, the wealthier they get.

Please don't respond with some example of a crony capitalist that got bailed out--there are only a few dozen of those, and their existence should not be used to attack the millions of enterprises in this country that are NOT in the 1%, DID NOT get bailed out, and aren't even acquainted with any politicians much less have "crony" status.
Wrong.

When there's a strong demand for goods and services in the economy it provides the necessary incentives for ordinary people to open up businesses, hire workers, etc. to fulfill those demands.

Economics 101: the demand has to be there first. demand drives supply. Not the other way around.

Supply side economics is ass-backwards.

Last edited by cisco kid; 12-27-2011 at 08:19 PM..
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Old 12-27-2011, 08:17 PM
 
Location: Central Florida
1,329 posts, read 832,419 times
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The Right's talking points are all a fantasy of ideology, when objective empirical data contradicts it. Worse are the ones that think the horrible income disparities that result from their Neoliberal polices are a good thing, preferable to what they see as a "mediocre" equality (this really fits with Rand's ideas moreso, but is echoed in other conservatives such as Charles Murray and so on, who dismisses the gross income inequalities as suppossedly being offset by the beauty of wage slavery and patriarchy... er, I mean the "dignity of work" and pride in "personal responsibility").
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Old 12-27-2011, 08:38 PM
 
4,019 posts, read 3,953,588 times
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Everything on the right is based on fantasy and myth.

What do you expect from people who think evolution is a lie, the earth is only 10,000 years old
and was created in 7 days out of thin air by the magic man in the sky.
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