Krugman: Let's tax like Singapore, just so long as we're not taxing like Singapore (wages, Obama)

[pghquest]

Originally Posted by gwynedd1

No. Spending money either by creation or by confiscation from unproductive classes creates economic output. A bankrupt feudal lord is going to need to apply at the coffee shop. Its a thing called work.

Where are you from, Cuba? Tell me how this "confiscation" from the unproductive class creates economic output?

Tell me ooh wise one how taking wealth increases economic output because in your example it doesnt, it just changes who has the job .. I cant wait to hear this reply.. This is better than watching the comedy channel

[InformedConsent]

Originally Posted by gwynedd1

No. Spending money either by creation or by confiscation from unproductive classes creates economic output.

So, you're advocating ending all welfare programs?

[pghquest]

Originally Posted by gwynedd1

And until they are caught, they are redistributing wealth to themselves. You are not too bright are ya?

haha.. WRONG.. if you are creating counterfit money, and you go to the store and buy something, you get real cash, but the store you bought from gets fake. That money is then REMOVED from the money supply when they deposit it in the bank and its discovered as fake.

Its not creating wealth

I cant believe how far you will take your flip flopping to prove you are wrong and continue to be wrong.

[gwynedd1]

Originally Posted by pghquest

Where are you from, Cuba? Tell me how this "confiscation" from the unproductive class creates economic output?

You are a land squatter yourself aren't you. What product did you make this year?

Tell me ooh wise one how taking wealth increases economic output because in your example it doesnt, it just changes who has the job .. I cant wait to hear this reply.. This is better than watching the comedy channel

Here is the bucket example again I proved wrong in the first post.

[pghquest]

Originally Posted by gwynedd1

You are a land squatter yourself aren't you. What product did you make this year?

I make my money by insuring stocks, property, and distributing products, but whats that have to do with the discussion?

Originally Posted by gwynedd1

Here is the bucket example again I proved wrong in the first post.

Did not, your first posting has been full on no stop humor, and every posting after it has gotten funnier and funnier.

[gwynedd1]

Originally Posted by InformedConsent

So, you're advocating ending all welfare programs?

Yep. Did you think I was a progressive or something?

I am for taxing the economic rents which is to say I oppose all monopolies.

[pghquest]

Originally Posted by gwynedd1

You are illiterate. REDISTRIBUTES.....

So no one ever took a rubber nickel.

Sorry buddy but you are butt stupid or corrupt. Gotta go...

IT DOES NOT redistribute because it REMOVES both the fake, and then the real money out of circulation

Please dont go... I cant buy this much humor anywhere else!!!

[pghquest]

Originally Posted by gwynedd1

Yep. Did you think I was a progressive or something?

I am for taxing the economic rents which is to say I oppose all monopolies.

Taxing economic rent has nothing to do with monopolies. you dont even know what the hell you are babbling about.

[gwynedd1]

Originally Posted by pghquest

Taxing economic rent has nothing to do with monopolies. you dont even know what the hell you are babbling about.

Economic rent - Hobson's Choice

[summers73]

Oh, and in before the d**k measuring contest between Krugman's and Anderson's accomplishments.