Re: Income inequality benefits the poor.
- From: Nospam <nospam@xxxxxxxxxxx>
- Date: Thu, 08 Feb 2007 13:52:44 -0500
Steve Campbell wrote:
Alternative: Corporations lay off workers => workers become
entrepreneurial => entrepreneurs create more wealth in the economy =>
newly created enterprises hire more workers => economy booms.
Even a 3 year old understand that to start a business you need money.
The poor workers that lost their job do not have money for food, how can
they open a business.
Do you believe that money rain from the sky ?
Low tax rates => drives economic development and
results in higher tax revenues.
That is actually a false myth:
http://www.angelfire.com/planet/dragonomics/laffer_ruminations.pdf
It has been debunked so many times, that I find hard to believe that there
are still naive taking it seriously. Oooo I see, it is only PR ...
One key to a successful upstart
is to outsource everything that is outside the scope of the
proprietor's core competency.
Again an empty statement. This is just pure PR spread by the outsourcing
companies. Delay, misscommunication and the interest of vendor to have the
client change his business practices to sell to the client his standard
(one size fits all) solution made quite difficult to estimate the benefits
of outsourcing.
And BTW, research and development are essential in any company that produce
anything else that cheap commodities. They are core business things. And
they are not outsourced but moved entirely outside US into the same company
subsidiary.
So, missfire again.
The worst decisions, made by individuals and governments, are made for
the sake of a job or two. Attempts to mitigate market forces
invariably act on the economy like a wrecking ball rather than a
palisade.
There is so much nonsense in your statements that I find hard to start
arguing.
US with a free market medical insurance system, pays per capita 2.5 times
as Brits pays for their universal health care system. Yet, they are
healthier than us despite drinking and smoking more. They do not have
uninsured, we have almost 16% of the population and over 50% of all US
bankruptcies are health related while in England they have 0% of that.
The "superiority" of the market system it is just a pathetic corporate lie.
The same is with the intervention in job market. European countries with a
GDP/capita smaller than US have much much smaller poverty rates and the
median life level there is superior to the level in US.
So again, empty claims based on lack of understanding or pure belief, but no
facts and no reality. In one word: Pro corporate PR.
Wrong. Every dollar invested overseas means we are creating future
consumers for American goods and services.
Sorry, but you must be quite ignorant to write something like this.
If American consumers having more money than Chinese consumers prefer to buy
the cheaper Chinese thing, why do you believe that the Chinese consumers
with less money will buy our more expensive thing ? Are they dumb or what ?
They will buy the products of their own economy, and we subsidize that with
trade deficit. Deficit that it is going to be used as an economic weapon
against US. Just wait and see !!!
How liberating it is to think of overseas workers as potential customers
rather than barbarians at the gate.
That will be good if US still produce something to sell them. But because of
lack of government regulation we are destroying our economy. And beside
that, they are going to buy their own products. Both because they are cheap
and both because their governments are smart to develop their OWN economy.
What is happening today it is called: RIP & RUN economics. US plants are
dismantled and moved in China while cheaper goods are imported to boost
corporate proffits. The consumer disposable income plummet and people will
sell their houses to survive. Then, these realestates are bought for cheap
by the rich investors in multinational corporation.
The result: A neofeudalistic society where a few own everything while the
rest nothing. This is the single explanation I can find for what is going
on. Because I find quite hard to believe that there are people that idiots
not to understand that they destroy the US economy. I find hard to believe
that so much stupidity and greed can exist without an evil intent.
But, human nature is surprizing ....
Correct. But the investments have to be done in US not in Asia.
And as I showed you above, corporations can and must not be trusted
anymore with big money.
Politicians handle investment decisions far less effectively than
corporate executives.
PR slogans. There is no proof of that claim.
Decisions are made by people. The same smart people can make a smart
decision regardless if he work for a corporation or for a government
agency. PERIOD !!! Everything else is PR.
Neither politicians nor corporate executives are
free from influences that are contrary to their fiduciary
responsibilities. At least the corporate executives are generally
obedient to market forces. Waste not, want not.
We pay on the free market 2.5 times as the British gov. do for a much less
quality of services. They pay 40% from what we pay and get better results.
For the name of the God, when are you going to stop with this delusional
corporate crap !!! This is a pathetic lie !!!
60% from what we pay for health care it is CORPORATE WASTE !!!
If a federal agency would operate as inefficient as private medical system,
the guys would be put in jail for corruption, looting or even treason by
endangering the national security due to health issues !!!
Yet, private corporations get away with this waste and they still have the
hypocrisy to use PR to spread their lies in the hope that a naive will take
them seriously and spread their PR on usenet.
.
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