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Maybe blue states should give them jobs so that won't happen.
Mississippi is the poorest state and controlled by republicans. So why haven't they done something. My huge extended family still lives there and Alabama, another poor state run by republicans.
I don't either. However, I DO have a problem with businesses who depend on the government to subsidize the wages they pay to their employees via food stamps, housing assistance etc.
What you describe is not a subsidization of wages.
The gains get “distributed” to the owners, which is as it should be. Why should the gains go to anyone else?
Because it is unethical to exploit people.
Regardless, you've stripped my comment of all context and attempted to fabricate one on your own. I never said that the gains from shareholders should go to non-shareholders, I said that the shares are too concentrated in too few hands.
I expect FAR more from someone with "PhD" in their name.
I don't even consider the USA a capitalist county anymore. Economically we are basically a socialist state. We are taxed everywhere on everything. Gas, Food, Property, etc.. All on the state and federal level. Then you need licensing and more taxes.... this is not capitalism
I own my own company and frequently purchase from state and federal government agencies.... you should see the WASTE of tax-payer money I see every day doing my business.
Well thanks to taxes I was able to go to a good, well funded public school. I was able to take a bus subsidized by tax dollars to and from school. The public roads were well maintained. The taxes paid for good fire and police protection, and refuse removal.
I've benefited quite a bit from the taxation of my elders, I am happy to work and provide tax dollars to provide an equitable opportunity for my children and the youth in my community.
It appears that you don't really understand how a wage subsidization works. But I am happy to help out.
We'll use Wal-Mart as an example, because that is the evil corporation that those with little understanding of economics love to hate.
Wal-Mart has employees who qualify for various levels of public assistance, and this is used as "evidence" that Wal-Mart gets a wage subsidization from the government. However, that is not the case, and this is why:
Wal-Mart pays at least a market determined rate for all of their labor. In some instances they pay more than a market determined rate, but in no instance do they pay less (this is also true for EVERY company in the US, but we will limit our discussion to just Wal-Mart).
In order for Wal-Mart to receive a wage subsidization from the government, two things must be occurring. 1) They would have to be paying less than a market determined rate, and 2) they would have to be receiving payment from the government to make up the difference between that market determined rate, and what they are actually paying.
Since neither #1 nor #2 is happening, it is clear that Wal-Mart is not getting their labor subsidized by the government.
QED
When employees of Wal-Mart or any other company get public assistance, it isn't the company that is having their labor subsidized, but rather, it is the employee that is having their lifestyle subsidized.
Owners receiving gains from their investments is in no way an exploitation of anyone. What a silly notion.
Quote:
Regardless, you've stripped my comment of all context and attempted to fabricate one on your own. I never said that the gains from shareholders should go to non-shareholders, I said that the shares are too concentrated in too few hands.
I did no such thing. I quoted your post in its entirety, and "stripped" NOTHING from it.
Here it is again:
Quote:
Quote:
Originally Posted by le roi most Americans do own stocks, by a tiny margin, 52%.
However that masks the fact that the top 1% percent of households by wealth own 38% percent of all U.S. stocks.
So when the stock market booms, the gains don't get distributed very well, they go mostly to a small group of people.
You claimed that gains aren't distributed very well, as "they go mostly to a small group of people." You appear to be unhappy that gains go to owners. The only reasonable conclusion that can be draw from that comment is that you believe that gains should also go to other than the owners. It that is not your contention, write something different. Because what you wrote is abundantly clear.
Owners receiving gains from their investments is in no way an exploitation of anyone. What a silly notion.
I did no such thing. I quoted your post in its entirety, and "stripped" NOTHING from it.
Here it is again:
Quote:
You claimed that gains aren't distributed very well, as "they go mostly to a small group of people." You appear to be unhappy that gains go to owners. The only reasonable conclusion that can be draw from that comment is that you believe that gains should also go to other than the owners. It that is not your contention, write something different. Because what you wrote is abundantly clear.
Shareholders lobbying to oppress labors ability to negotiate is exploitation.
With your reading comprehension it is difficult to imagine that you really have any higher education.
Shareholders lobbying to oppress labors ability to negotiate is exploitation.
With your reading comprehension it is difficult to imagine that you really have any higher education.
That wasn't part of the post that I responded to.
You're having a difficult time imagining that I wasn't able to comprehend something that you didn't write? Really?
As I said before, I appropriately addressed what you wrote. If you meant something different, you need to write something different.
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