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Old 06-24-2014, 08:21 PM
 
Location: Atlantis
3,016 posts, read 3,912,410 times
Reputation: 8867

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$60T in 'wealth' . . . . . .


$48T of it in the last decade, made possible by governments creating fiat money out of thin air through organizations like the Federal Reserve.'=

A lot of 'money' gets inserted into the economy by government printing presses, it allows for those already at the top to acquire more of it without necessarily creating any new or improved goods or services. The socio-economic dynamics do not change but the amount of money on the Monopoly board increases. And it creates a very interesting illusion.

'T' as in trillion. $60 trillion dollars.
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Old 06-24-2014, 08:40 PM
 
33,016 posts, read 27,477,048 times
Reputation: 9074
Quote:
Originally Posted by petch751 View Post
Just like Obamacare they are paying their share + the leaches share. And there are a lot of leaches in this country.

An inconvenient truth is that PARENTS aren't paying their fair share, which is why the top 1 percent are paying a disproportionate share of federal income taxes.
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Old 06-24-2014, 08:51 PM
 
33,016 posts, read 27,477,048 times
Reputation: 9074
Quote:
Originally Posted by petch751 View Post
Supply and demand. I know, it's a hard concept for liberals to get. Businesses are not social institutions.

If you were smart you would realize this and improve your skills to fit positions that demand higher pay.

Better yet create your own job.
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Old 06-24-2014, 08:54 PM
 
Location: the very edge of the continent
89,060 posts, read 44,877,895 times
Reputation: 13718
Quote:
Originally Posted by freemkt View Post
Better yet create your own job.
That actually is the best way to go.
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Old 06-24-2014, 10:23 PM
 
41,110 posts, read 25,755,378 times
Reputation: 13868
Quote:
Originally Posted by freemkt View Post
Better yet create your own job.
Better yet "build a business" and you can employ people?
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Old 06-24-2014, 11:27 PM
 
Location: South Carolina
3,022 posts, read 2,276,328 times
Reputation: 2168
Quote:
Originally Posted by InformedConsent View Post
Shouldn't that then tell you that there are already too many unskilled laborers in our economy, thereby keeping their wages low?

So... why does Obama and the Democrats want to add millions more unskilled labor immigrants? Who, exactly, benefits from that? Think very carefully about that...
What makes you think that having more skilled people is going raise wages for these lower wages. In fact what it will do is lower wages for the skilled people because there are to many people qualified for those jobs. Yeah we can get rid of illegals but it is not gonna raise wages.

Last edited by Storm Eagle; 06-24-2014 at 11:37 PM..
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Old 06-24-2014, 11:29 PM
 
Location: South Carolina
3,022 posts, read 2,276,328 times
Reputation: 2168
Quote:
Originally Posted by petch751 View Post
Better yet "build a business" and you can employ people?
Right because creating a business is so easy. All you need is will and imagination is that not what you think it takes to start a successful business.
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Old 06-24-2014, 11:34 PM
 
79,907 posts, read 44,241,574 times
Reputation: 17209
Quote:
Originally Posted by Storm Eagle View Post
What makes you think that having more skilled people is going raise wages for these lower wages. In fact what it will do is lower wages for the skilled people because there are to many people qualified for those jobs. Yeah we can get rid of illegals but it is not gonna raise wages.
Probably not but by more and more coming in its going to keep the wages depressed.
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Old 06-24-2014, 11:41 PM
 
41,110 posts, read 25,755,378 times
Reputation: 13868
Quote:
Originally Posted by Storm Eagle View Post
What makes you think that having more skilled people is going raise wages for these lower wages. In fact what it will do is lower wages for the skilled people because there are to many people qualified for those jobs. Yeah we can get rid of illegals but it is not gonna raise wages.
More skilled people would not raise wages. More unskilled workers would keep low skill job pay rates down.
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Old 06-24-2014, 11:43 PM
 
41,110 posts, read 25,755,378 times
Reputation: 13868
Quote:
Originally Posted by Storm Eagle View Post
Right because creating a business is so easy. All you need is will and imagination is that not what you think it takes to start a successful business.
Ok so you say you can't do that, then you are right... "you" can't.

And since it's so hard you should punish those that are able to create a business who in turn hire people. That's what Obama has been doing. How DARE someone start a successful business.. you didn't build that!
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