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Old 11-30-2012, 04:48 AM
 
20,947 posts, read 19,097,810 times
Reputation: 10270

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It's really quite simple.

You develop a skill, idea or product that someone will pay for.

The value of your skill, idea or product will be determined organically by the market.

No government program can alter that.
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Old 11-30-2012, 04:53 AM
 
Location: Long Island, NY
19,792 posts, read 13,989,648 times
Reputation: 5661
The assertion that progressives don't understand the economy is undercut by the fact that they do. What you assume is that if someone disagrees with your narrow viewpoint they "don't understand."

They, in fact, understand better than you.

What you suffer from is mirror thinking. If you believe in capitalism, progressives must not believe in it. Progressives just believe the government has a legitimate role in setting the rules of the road so business doesn't sell dangerous products, ruin the environment or exploit labor.
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Old 11-30-2012, 04:55 AM
 
20,947 posts, read 19,097,810 times
Reputation: 10270
Quote:
Originally Posted by MTAtech View Post
The assertion that prog
Noted.
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Old 11-30-2012, 05:01 AM
 
20,947 posts, read 19,097,810 times
Reputation: 10270
Quote:
Originally Posted by MTAtech View Post
The assertion that progressives don't understand the economy is undercut by the fact that they do. What you assume is that if someone disagrees with your narrow viewpoint they "don't understand."

They, in fact, understand better than you.
Please explain it to me.

Explain how some jobs are not worth more than $5. an hour, but you're forced to pay minimum wage?

Explain how you feel that compensation should be paid by need, not by the value of the labor.

Explain this....if a millionaire goes to a masseuse who charges $100 an hour, why would they pay double...or triple....because "they can afford it".

"They should pay more because they can afford it" and "they should be paid more because they need it" do not exist in the real world.
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Old 11-30-2012, 05:26 AM
 
12,265 posts, read 6,504,126 times
Reputation: 9442
If a person wants to eat they`ll need more than $5 an hour. No matter how crummy the job is,the person showing up every day to do that job should be allowed to buy food and shelter.
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Old 11-30-2012, 05:31 AM
 
Location: Sango, TN
24,865 posts, read 24,449,915 times
Reputation: 8672
Quote:
Originally Posted by alphamale View Post
It's really quite simple.

You develop a skill, idea or product that someone will pay for.

The value of your skill, idea or product will be determined organically by the market.

No government program can alter that.

An oversimplified view. Should we go back to monopoly days of Rockefeller?

No, that unrestrained economic style was bad for the country.

Should we allow people to.die without healthcare? Without food? Without housing?

Americans say no, so how do we pay for these things?
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Old 11-30-2012, 05:34 AM
 
45,307 posts, read 26,577,237 times
Reputation: 25058
Gosh how did americans survive previous to all those state run programs?
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Old 11-30-2012, 05:39 AM
 
Location: Sango, TN
24,865 posts, read 24,449,915 times
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Quote:
Originally Posted by Frank DeForrest View Post
Gosh how did americans survive previous to all those state run programs?
They didn't, they died early, that's the point
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Old 11-30-2012, 05:40 AM
 
Location: Chicago
3,391 posts, read 4,493,564 times
Reputation: 7857
Quote:
Originally Posted by alphamale View Post
It's really quite simple.

You develop a skill, idea or product that someone will pay for.

The value of your skill, idea or product will be determined organically by the market.

No government program can alter that.
That's rubbish. It is a purely ideological statement. The idea that there is something called "the market" that operates independently of political considerations is naive.
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Old 11-30-2012, 06:03 AM
 
Location: Oxford, England
13,026 posts, read 24,669,967 times
Reputation: 20165
So to disagree with your views on the economy means to be either ignorant or too dim to understand ?!?!


Gotcha. My diminished intellect can at least grasp that obvious concept ! Well I better go now and lie down, my pretty little empty head is hurting from all that thinking.

Newsflash but having a different way of looking at things does not necessarily being wrong or ignorant. Do you people actually ever think before you post or are you so filled with your own sense of self importance you can never even contemplate that not everyone is like you ?

80-year study: Democrats better at economics | WashingtonExaminer.com


Economist's View: Democrats are Not Anti-Market
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