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Old 04-29-2016, 04:44 PM
 
2,357 posts, read 2,180,698 times
Reputation: 1374

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Quote:
Originally Posted by Henry10 View Post
Ok. So we need more Socialism because of robots?




What's a real problem is the ever-increasing central-Command type
What? I didn't get the Politboro's 5 year Economic Plan from glorious leader. And I've been making the meetings and everything.

 
Old 04-29-2016, 05:19 PM
 
Location: Ubique
4,316 posts, read 4,202,498 times
Reputation: 2822
Quote:
Originally Posted by FunkOdyssey View Post
Capitalism is successful at enriching the masses to the extent that human labor is cheaper than machine labor. As human labor becomes increasingly unprofitable and useless from a capitalist perspective, what source of income will sustain the population?
Although I was not alive, workers in the horse-and-buggy industry felt the same way about the automobile.


Quote:
Originally Posted by FunkOdyssey View Post
New answers will be needed. It might not be socialism, but capitalism as we know it is not going to cut it.
Absolutely will cut it. It always has.

Capitalism brings incentive to innovate, create new products, lower costs, increase productivity.

High-tech that started booming in the 90s (which still continues) created brand new industries, and it revolutionized everything else. You can't boil an egg now without some sort of high-tech, be it the timer, or controllers of the power grid or your gas meter.

These things were unfathomable just 25 years ago.
 
Old 04-29-2016, 05:34 PM
 
Location: Ubique
4,316 posts, read 4,202,498 times
Reputation: 2822
Quote:
Originally Posted by Beeker2211 View Post
What? I didn't get the Politboro's 5 year Economic Plan from glorious leader. And I've been making the meetings and everything.
First, it's spelled "Politburo" not "Politboro."

Secondly, just because you don't know something, it does not mean it doesn't exist. Federal Register is about 100,000 pages long. We should all read it sometime. It contains all rules we have to follow. Many penalties are pretty severe. Add here CT state's rules.

Govt now controls and practically runs the financial system, monetary, banking, healthcare, transportation, energy, every sector.

State (federal and CT) confiscates 50-75% of money you earn, and positively mandates every little thing that businesses can and can't do.

When was the last time you flushed your toilet? Well, that flush is now Govt controlled. Second example -- paper bag from the grocery store? It has to have a certain recycled content. And on.
 
Old 04-29-2016, 06:30 PM
 
Location: New London County, CT
8,949 posts, read 12,130,345 times
Reputation: 5145
Quote:
Originally Posted by Henry10 View Post

State (federal and CT) confiscates 50-75% of money you earn, and positively mandates every little thing that businesses can and can't do.
Do you run a business? It's funny I do and I don't ask the government about anything-- I just run my business. Pretty simple.

If you're paying out 75% of what you earn in taxes, you must be donating to the government and have a horrible accountant.

Did you get these numbers from Donald Trump who "heard from someone" that unemployment is as high as 30%?

It's hard to take you seriously when you post numbers like this.
 
Old 04-29-2016, 06:37 PM
 
Location: Connecticut
503 posts, read 530,077 times
Reputation: 649
Quote:
Originally Posted by mlassoff View Post
If you're paying out 75% of what you earn in taxes, you must be donating to the government and have a horrible accountant.

Did you get these numbers from Donald Trump who "heard from someone" that unemployment is as high as 30%?
Somebody is doing the taxing, mlassoff, I mean, you know -- I mean, somebody's doing it. You think it's Americans being taxed, well who is doing the taxing? Who is doing the taxing? I mean how can you say such a thing.
 
Old 04-29-2016, 06:45 PM
 
2,333 posts, read 1,487,641 times
Reputation: 922
Quote:
Originally Posted by FunkOdyssey View Post
Somebody is doing the taxing, mlassoff, I mean, you know -- I mean, somebody's doing it. You think it's Americans being taxed, well who is doing the taxing? Who is doing the taxing? I mean how can you say such a thing.
He means the 50-75% tax rate is hyperbolic. And it is.
 
Old 04-29-2016, 06:53 PM
 
Location: Connecticut
503 posts, read 530,077 times
Reputation: 649
Quote:
Originally Posted by BicoastalAnn View Post
He means the 50-75% tax rate is hyperbolic. And it is.
If you haven't seen this, you might not be interpreting my post correctly:


https://www.youtube.com/watch?v=2O6Nmx_kZMQ
 
Old 04-29-2016, 07:06 PM
 
2,333 posts, read 1,487,641 times
Reputation: 922
Quote:
Originally Posted by FunkOdyssey View Post
If you haven't seen this, you might not be interpreting my post correctly:


https://www.youtube.com/watch?v=2O6Nmx_kZMQ
Ok I just watched that. That was painful.
 
Old 04-29-2016, 09:02 PM
 
2,005 posts, read 2,086,461 times
Reputation: 1513
Quote:
Originally Posted by mlassoff View Post
Do you run a business? It's funny I do...
Yes everyone here knows you own a business......
 
Old 04-29-2016, 09:24 PM
 
Location: Northeast states
14,044 posts, read 13,914,424 times
Reputation: 5188
Total 960 million and still growing.

Budget Deficit Explodes to $256 Million - Hartford Courant
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