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Bad management is bad management. Capitalists who believe in social and economic Darwinism..which are most..have to face the fact that some de-evolve...and some have to step down. Or some are in a high position due to privilege and familiar entitlement- Those that inherit their high places...Genetics is strange- Just because your dad was a wizard in business and management of an empire does not mean you are..You may have inherited the brain of crazy old Aunt Martha the pill popping crazy cat lady...and would be better off fishing some where spending money than ruining an empire.
Good point. I think we have a bonafide genius in the family. Wife's nephew. Scary smart. I was just telling her today that our boy, a bright kid, with motivation issues, can be helped to do very well for himself, but he is not like the super whiz kid. Nor am I or anyone else in this generation.We should not make comparisons. Just the way the genetic lottery works.
Now, even in the dog eat dog world we have now in the USA, some super geniuses can do very well, but the larger issue for the economy is how the bright, and hungry can do. When a large swath of the younger citizens can expect to be rewarded for creativity and hard work, they'll do it, and we'll all be better for it. Far better than working overtime to make millionaires billionaires. Our legislator spend way too much time groveling before those guys. They're doing just fine.
YEP - I was sending a laugh out into the virtual world and was not sure who would catch it- glad you did-- I like being appreciated. A good example at genetic trickery is the Bush family- Dad was capable- Jr was not- But then again who could have real confidence after being raised by that scary old lady for a mother---God she was the classic crusher of spheres..Thanks friend- off to the wife's for supper....funny- a woman mentioned to me- "I thought you and Kate were split up"{-----I had to explain to her that just because people have a different address does not mean they are not together...besides no body dumps OLEG BACH....I am my wife's best friend- just like Jim Carey in Cable Guy....cheers.
The goverment shouldn't be picking anything with taxpayer money. You have a viable idea and take it to some private investors you will both reap the rewards. What the government is doing is paying their cronies with our money and if their idea fails the only ones who lose are the taxpayers. That miney should be used to pay down the debt or simply reduce taxes and maybe some will have money to start up things on their own. But alas many think only the government knows whats best for us.
The goverment shouldn't be picking anything with taxpayer money. You have a viable idea and take it to some private investors you will both reap the rewards. What the government is doing is paying their cronies with our money and if their idea fails the only ones who lose are the taxpayers. That miney should be used to pay down the debt or simply reduce taxes and maybe some will have money to start up things on their own. But alas many think only the government knows whats best for us.
Well, the "let's cut taxes for the "job creators" line of thinking is not much different. Cutting their taxes, when we have many revenue needs is not a very good deal either.
No lets cut taxes for everyone. What a novel idea eh?? If they spent the money on the "revenue needs" instead of nonsense we see every day there would be plenty for the gubmnt to get by. No amount of taxation is ever enough for the left though.
The goverment shouldn't be picking anything with taxpayer money. You have a viable idea and take it to some private investors you will both reap the rewards. What the government is doing is paying their cronies with our money and if their idea fails the only ones who lose are the taxpayers. That miney should be used to pay down the debt or simply reduce taxes and maybe some will have money to start up things on their own. But alas many think only the government knows whats best for us.
After paying large fees to patent an idea, if a company steals it, the retainer for an infringement lawsuit is presently 1 million dollars. Who other than the 1% could afford to protect their creative ideas?
I guess just give up and let the government run the world and continue to cry waaaaaaaaa not fair right jojan?? Maybe the occupy loons will pay your retainer fee? lol
If your "idea" is big enough to garner patent infringement lawsuits then I don't think you will have much of a problem finding a lawyer to take your battle onward. They want to make money too. You just go on and cry woe is me I'm at the mercy of the evil rich and let others try and join that evil one percent. The only think stopping you if you want to get there is yourself. If your happy where you are then stop crying. I'm happy and I don't. If I weren't happy and my life revolved around being rich then I'd bust my butt to get there I'd guess. I surely wouldn't be crying about how nothing is fair.
We need to enable the young, hungry, and creative.
I agree we don't need to "coddle" the rich. We also don't need to take money from people who have saved all their lives for retirement so they would not be a burden on society.
And you ignore the value of savings. It's the wealth accumulated by retirees that fund innovation and business expansion. Savings is a good thing.
No lets cut taxes for everyone. What a novel idea eh?? If they spent the money on the "revenue needs" instead of nonsense we see every day there would be plenty for the gubmnt to get by. No amount of taxation is ever enough for the left though.
This statement is just not true. I am very supportive of a revenue that is 20% of GDP, it worked for much of the last century. Not the 15% it is now. Leave that to Grover Norquist. I don't want 25% either. Plenty of Dems are willing to compromise with sensible folks. But that is another topic for another thread.
This hints at the notion that the economy is a zero-sum game. Of course, it also hints at the notion that the government should be in the business of picking winners, when it many ways that is exactly how the wealth aggregation you're describing has come about.
That's what we have today. Obama chooses to bail out one company but not another. Perfect Crony Capitalism.
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