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Thread: Obama will not extend Bush tax cuts to wealthy

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Boo Radley View Post
    And those in an economic resession in need of some income?
    even in an economic recession there are jobs available for qualified individuals. for ****s and giggles I check the local jobs boards a couple of times a week at work and there are literally thousands of non-minimum wage job openings in my area and many of them don't require a degree.
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by OscarB63 View Post
    even in an economic recession there are jobs available for qualified individuals. for ****s and giggles I check the local jobs boards a couple of times a week at work and there are literally thousands of non-minimum wage job openings in my area and many of them don't require a degree.
    You must live in a pretty good area. Try looking at Mason City Iowa want ads. Globe Gazzette.

    And how many jobs you have should be meausred against how many are looking.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Boo Radley View Post
    No, it wouldn't make it fact, but it would put your claim in doubt. And while you may be right about competition, that wouldn't necessairly make it not a monopoly concerning that specific product. Again, I don't claim to be an expert, and have made no claims concerning monopolies, but see what Wlamart is doing, buyinhg and not selling in the long run, and acknowledge that it is possible to put less well off companies under. Think mom and pop groceries stores for example, and maybe even the family farm. Aren't corperate farms threatening the family farm?
    So what if they're a monopoly for that specific product? If you look at it that way, EA has a monopoly over Sim City. Rockstar has a monopoly over Grand Theft Auto. Pepsi has a monopoly over monopoly. Anything is a monopoly when you make it that specific, but calling it a monopoly doesn't give you any interesting new insight. Everything competes with everything.

    And of course corporate farms are threatening the family farm, and they should be. Corporate farms are much more efficient. Better to free up that labor to do more useful things.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    So what if they're a monopoly for that specific product? If you look at it that way, EA has a monopoly over Sim City. Rockstar has a monopoly over Grand Theft Auto. Pepsi has a monopoly over monopoly. Anything is a monopoly when you make it that specific, but calling it a monopoly doesn't give you any interesting new insight. Everything competes with everything.

    And of course corporate farms are threatening the family farm, and they should be. Corporate farms are much more efficient. Better to free up that labor to do more useful things.
    A limited supply of necessities competes with nothing, no matter how many organizations the industry consists of.
    Last edited by Morality Games; 09-20-10 at 03:10 PM.
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Boo Radley View Post
    And how many jobs you have should be meausred against how many are looking.
    well, since many of the same jobs have been on the board for months. obviously there are more jobs than qualified people who are looking. at least in my area.

    I have always distrusted unemployment stats because they tend to not take into account the people who are simply not interested in finding a job or those people who refuse to settle for a lesser job even though that is all they are qualified for ( aka the guy with a HS diploma that is "holding out" for a management position)
    The best argument against democracy is a five-minute conversation with the average voter.

    An appeaser is one who feeds a crocodile, hoping it will eat him last.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    So what if they're a monopoly for that specific product? If you look at it that way, EA has a monopoly over Sim City. Rockstar has a monopoly over Grand Theft Auto. Pepsi has a monopoly over monopoly. Anything is a monopoly when you make it that specific, but calling it a monopoly doesn't give you any interesting new insight. Everything competes with everything.

    And of course corporate farms are threatening the family farm, and they should be. Corporate farms are much more efficient. Better to free up that labor to do more useful things.
    You won't find much support for corporate farms up here, and with good reason. They are not better, and produce an inferior product. We're worse for them.

    However that is a another issue.

    If the single product is large enough, yes it is a monopoly. And as such, lacks competition in any real way.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by ReverendHellh0und View Post
    economic envy is soo ugly.
    Do you have a point to make? What about the $700 billion it would cost to extend tax cuts to the super wealthy? The debt man!!!


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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by pbrauer View Post
    Do you have a point to make? What about the $700 billion it would cost to extend tax cuts to the super wealthy? The debt man!!!
    wouldn't be an issue if we hadn't pissed away all that stimulus $$$ that has created very few jobs in return.
    The best argument against democracy is a five-minute conversation with the average voter.

    An appeaser is one who feeds a crocodile, hoping it will eat him last.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Morality Games View Post
    A limited supply of necessities competes with nothing, no matter how many organizations the industry consists of.
    Say that again?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Boo Radley View Post
    You won't find much support for corporate farms up here, and with good reason. They are not better, and produce an inferior product. We're worse for them.
    Yet people buy those products even though they could buy products from a family farm. Apparently to most people the increase in efficiency that results in lower cost is worth it.

    If the single product is large enough, yes it is a monopoly. And as such, lacks competition in any real way.
    If microwaves were patented by one company and they priced them at $500,000 each you probably wouldn't get them and would just stick to your oven, wouldn't you?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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