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Welfare is pacification that politically divides the classes below the entitled nobility.
Its simply a refined form far better than the old one. The wealthy don't even have to give a dime like ole John D. They make the middle class pay for it. That's why they are "bleeding heart" liberals. They want the government to give away apples that are purchased from their orchards.
In short the middle class chooses the best apples. However competition is a sin so its better to create a welfare program of apple give-aways much more suitable to the politically connected cartel. This of course also tanks the apple market and creates more welfare and more bad apples.
No its that you continue to embarrass yourself with complete ignorance. You don't know what I am talking about and "what" about covers it. You started it all off with your horrible nominal economic proof of junk economics.
If the loony liberals had their way they'd kick all the eeeeeevil top 1% out of this country, which would leave the US in dire straights since all those bad richies would take all of their money and investments with them.
I don't think anybody knew what you were talking about with that post of yours. That's why I said "what". Maybe you can explain yourself a little better to those who aren't as smart as you think you are??
I don't think anybody knew what you were talking about with that post of yours. That's why I said "what". Maybe you can explain yourself a little better to those who aren't as smart as you think you are??
The dollar benefits from currency arbitrage. The further you get from the US the higher it will rise because a US dollar will buy something a local currency will not. Its like having a ticket at Disneyland that allows you to go on all rides verse a ticket that allows you to go on all rides except the best one. Thus bidding wars will be set off for this one scarcity which has to do with a scarce luxury, not the actual prosperity level that sets the dollar price. Thus the winning price for the dollar will go to the wealthiest people in the local currency zone. They will go one the exclusive ride. However everyone else can still go on all the other rides. Thats why people live on "a dollar a day". You can't live on a dollar a day in the US because there are too many suppliers of dollars. Thus 30k in some part of the world is a huge amount of money if they don't buy into the exclusive commodity. Its like changing the one exclusive ticket for 100 of the one that gets you the other rides.
In Moscow, at least, there used to be frequent shortages of common goods, such as fresh vegetables, shoes, fruit. More frivolous items like chewing gum (http://orbita.starmedia.com/%7Egumwrappers/m3page4.htm - broken link) were unavailable. As for perfumes, high quality skis, fine alcohol (other than vodka and kvass), electronics and other luxury items, these were pretty much impossible to find in shops open to the general public. To stock these high-end items, the Soviets introduced shops called Beriozkas, where most diplomats and Russians with connections could make their purchases.
But these were imported goods, so what did they pay with? They used a hard-currency, or coupon rouble, whose notional worth was approximately the same as the standard rouble (unavailable to the masses), but whose real worth was much, much more.
All it takes is one good the wealthy want, and it can sky rocket demand for a "hard currency".
So after you link lesson in "arbitrage" explain the point you are trying to make. The poor or middle class or upper middle class whaveter you want to call em in the US have it much better than anywhere else is the point I was making earlier. The rich get the perks. Boo hoo. Then go get rich if that will make your self esteem feel better and you can flaunt your chewing gum at your neighbors. That is what's great about America. The vehicle is in place to take you where you want to go if you so desire.
So after you link lesson in "arbitrage" explain the point you are trying to make. The poor or middle class or upper middle class whaveter you want to call em in the US have it much better than anywhere else is the point I was making earlier. The rich get the perks. Boo hoo. Then go get rich if that will make your self esteem feel better and you can flaunt your chewing gum at your neighbors. That is what's great about America. The vehicle is in place to take you where you want to go if you so desire.
My point is 30k is a meaningless nominal number, and you completely missed the point. There are very wealthy people in this world that does not necessarily measure in dollars. A 100k income in NYC isn't wealth.
If anyone must know I am an X-conservative Republican well to the right of Reagan growing up with the laughter curve to boot. However it was with the limited information of a child using common sense which doesn't cut it. There comes a point when you have more disgust for heretics than you do pagans. Thus even as much as liberal, bleeding heart, welfarians who tossed away their canning equipment for easy food stamps makes me sick, I have a harder time swallowing back down the lump of half digested mac and cheese when beholding "conservatives" who think they know. To watch them slit their own throats disgusts me.
My point is 30k is a meaningless nominal number, and you completely missed the point. There are very wealthy people in this world that does not necessarily measure in dollars. A 100k income in NYC isn't wealth.
Why didn't you just say that then? 100K in NYC aint the poor house either.
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