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Posted: 2/10/2016 6:26:16 AM EDT
[#1]
If I had that guy as a teacher......I'd demand my money back.
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Posted: 2/10/2016 6:37:19 AM EDT
[#2]
I'm no economist but this:
Also, Sanders would raise the minimum wage, as well as shift income from the rich to the middle and working class through tax hikes on the wealthy and corporations. makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: "Like the New Deal of the 1930s, Senator Sanders' program is designed to do more than merely increase economic activity," Friedman writes. It will "promote a more just prosperity, broadly-based with a narrowing of economy inequality." Shit Roosevelt did in the 30s at best extended the Great Depression. It was WWII that ended up breaking it. SURELY if we pay some people to dig ditches, and then pay some other people to fill them back in, the economy will GROW, right?? |
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Posted: 2/10/2016 7:00:51 AM EDT
[#3]
Quote HistoryQuoted:
I'm no economist but this: makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: Shit Roosevelt did in the 30s at best extended the Great Depression. It was WWII that ended up breaking it. SURELY if we pay some people to dig ditches, and then pay some other people to fill them back in, the economy will GROW, right?? Quote HistoryQuoted:
I'm no economist but this: Also, Sanders would raise the minimum wage, as well as shift income from the rich to the middle and working class through tax hikes on the wealthy and corporations. makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: "Like the New Deal of the 1930s, Senator Sanders' program is designed to do more than merely increase economic activity," Friedman writes. It will "promote a more just prosperity, broadly-based with a narrowing of economy inequality." Shit Roosevelt did in the 30s at best extended the Great Depression. It was WWII that ended up breaking it. SURELY if we pay some people to dig ditches, and then pay some other people to fill them back in, the economy will GROW, right?? WWII didn't end the Depression. It simply spread the economic suckage into the future. Fortunately the war ended in absolute victory with the US holding the majority of the worlds remaining industrial production capacity (because we bombed everyone elses). This let us make serious bank in the post-war era, allowing us to easily pay the bills for our war spending. Had the war turned out any other way, the cost of the massive loans for war capacity would have utterly ruined us, either through austerity or devaluation. Sometimes, robbing Peter to pay Paul works. But more often, you get caught. |
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Posted: 2/10/2016 7:01:31 AM EDT
[#4]
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple:
Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. |
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Posted: 2/10/2016 7:05:34 AM EDT
[#5]
Quote HistoryQuoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Yeah. Make it a law. If these companies don't take the steps in your proposal they will be taken over by government managers and forced to follow those rules. Who is John Galt. |
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Posted: 2/10/2016 7:09:56 AM EDT
[#6]
Trickle up commienomics. What could possibly go wrong?
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Posted: 2/10/2016 7:12:34 AM EDT
[#7]
"Average medium income will rise $22k" Yeah, and inflation will make all that money worthless... kind of like the krona, whats that commie paper worth, like ten cents on the dollar? |
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Posted: 2/10/2016 7:25:08 AM EDT
[#8]
The simple question is
Why work? Socialism doesn't give an answer. At least, true socialism. The soviets and the chinese put a gun to your head and say work. That's their answer. The millennials haven't worked a day in their life, and Sanders is giving them reason not to. They like his socialism, not realizing it always boils down to a basically crony capitalist society, except the government is the upper class, never taking that next step to communism. Socialism is really easy if it's starve or die. But then, it's not really socialism, is it? |
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Posted: 2/10/2016 7:51:59 AM EDT
[#9]
Quote HistoryQuoted:
Yeah. Make it a law. If these companies don't take the steps in your proposal they will be taken over by government managers and forced to follow those rules. Who is John Galt. Quote HistoryQuoted:
Quoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Yeah. Make it a law. If these companies don't take the steps in your proposal they will be taken over by government managers and forced to follow those rules. Who is John Galt. Agreed that's the problem, but a double edged sword is not the solution. |
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Posted: 2/10/2016 8:02:03 AM EDT
[#10]
Quote HistoryQuoted: The simple question is Why work? Socialism doesn't give an answer. At least, true socialism. The soviets and the chinese put a gun to your head and say work. That's their answer. The millennials haven't worked a day in their life, and Sanders is giving them reason not to. They like his socialism, not realizing it always boils down to a basically crony capitalist society, except the government is the upper class, never taking that next step to communism. Socialism is really easy if it's starve or die. But then, it's not really socialism, is it? |
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Posted: 2/10/2016 8:20:43 AM EDT
[#11]
Quote HistoryQuoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Then go start some companies using that model. Or were you talking about forcing other companies to use that model? |
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Posted: 2/10/2016 8:29:46 AM EDT
[#12]
Look at who the author is.
This is basically a CNN campaign ad. |
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Posted: 2/10/2016 8:31:05 AM EDT
[#13]
Quote HistoryQuoted:
I'm no economist but this: makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: Shit Roosevelt did in the 30s at best extended the Great Depression. It was WWII that ended up breaking it. SURELY if we pay some people to dig ditches, and then pay some other people to fill them back in, the economy will GROW, right?? Quote HistoryQuoted:
I'm no economist but this: Also, Sanders would raise the minimum wage, as well as shift income from the rich to the middle and working class through tax hikes on the wealthy and corporations. makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: "Like the New Deal of the 1930s, Senator Sanders' program is designed to do more than merely increase economic activity," Friedman writes. It will "promote a more just prosperity, broadly-based with a narrowing of economy inequality." Shit Roosevelt did in the 30s at best extended the Great Depression. It was WWII that ended up breaking it. SURELY if we pay some people to dig ditches, and then pay some other people to fill them back in, the economy will GROW, right?? You cannot tax a corporation. The bill will always be passed on to individuals. I guess they don't teach that in elementary school, but they should. |
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Posted: 2/10/2016 8:38:15 AM EDT
[#14]
Quote HistoryQuoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. 
Yeah that's totally the problem.... |
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Posted: 2/10/2016 8:38:32 AM EDT
[#15]
Quoted:
http://money.cnn.com/2016/02/08/news/economy/sanders-income-jobs/ This is really a no brainer. An economy canot work if people doesn't have money to spend consuming. A critique of Democratic Socialist Bernie Sanders's economic plan, written by another Democratic Socialist....what could go wrong? |
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Posted: 2/10/2016 8:42:01 AM EDT
[#16]
We should ship all Sanders supporters to Venezuela, so they can get a taste.
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Posted: 2/10/2016 9:05:35 AM EDT
[#17]
Quote HistoryQuoted:
WWII didn't end the Depression. It simply spread the economic suckage into the future. Fortunately the war ended in absolute victory with the US holding the majority of the worlds remaining industrial production capacity (because we bombed everyone elses). This let us make serious bank in the post-war era, allowing us to easily pay the bills for our war spending. Had the war turned out any other way, the cost of the massive loans for war capacity would have utterly ruined us, either through austerity or devaluation. Sometimes, robbing Peter to pay Paul works. But more often, you get caught. Quote HistoryQuoted:
Quoted:
I'm no economist but this: Also, Sanders would raise the minimum wage, as well as shift income from the rich to the middle and working class through tax hikes on the wealthy and corporations. makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: "Like the New Deal of the 1930s, Senator Sanders' program is designed to do more than merely increase economic activity," Friedman writes. It will "promote a more just prosperity, broadly-based with a narrowing of economy inequality." Shit Roosevelt did in the 30s at best extended the Great Depression. It was WWII that ended up breaking it. SURELY if we pay some people to dig ditches, and then pay some other people to fill them back in, the economy will GROW, right?? WWII didn't end the Depression. It simply spread the economic suckage into the future. Fortunately the war ended in absolute victory with the US holding the majority of the worlds remaining industrial production capacity (because we bombed everyone elses). This let us make serious bank in the post-war era, allowing us to easily pay the bills for our war spending. Had the war turned out any other way, the cost of the massive loans for war capacity would have utterly ruined us, either through austerity or devaluation. Sometimes, robbing Peter to pay Paul works. But more often, you get caught. A perfect example of winning, but not really, is England post WWII. Their austerity and rationing lasted well into the 50s. |
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Posted: 2/10/2016 9:07:59 AM EDT
[#18]
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Posted: 2/10/2016 9:10:05 AM EDT
[#19]
I had this guy for my freshman economics class at umass. He used weed and sex for his examples on economic situations in every problem and he rode his bicycle to class rain or shine.
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Posted: 2/10/2016 9:21:01 AM EDT
[#20]
Professor Gerald Friedman
Draw your own conclusions. Just because they call themselves an 'economist' doesn't mean they know what the fuck they're talking about. Krugman is a perfect example. I've got a B.Sc in economics and some of my profs were hammer & sickle communists for fuck's sake. |
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Posted: 2/10/2016 9:39:47 AM EDT
[#21]
Quoted:
http://money.cnn.com/2016/02/08/news/economy/sanders-income-jobs/ This is really a no brainer. An economy canot work if people doesn't have money to spend consuming. The answer is $00. The billion is not income and a good billionaire will find ways to make his income look like 75/100 thousand dollars a year. That is why he is a billionaire he uses his brain. |
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Posted: 2/10/2016 9:46:02 AM EDT
[#22]
Quote HistoryQuoted:
I had this guy for my freshman economics class at umass. He used weed and sex for his examples on economic situations in every problem and he rode his bicycle to class rain or shine. My bad bro. I went to Hampshire college and took a bunch of classes at UMASS and the other sisters. I was "that guy" for quite a few people I expect 
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Posted: 2/10/2016 10:05:54 AM EDT
[#23]
Quote HistoryQuoted:
Sorry, but Millennials aren't the commies you think they are. Prior generations fucked them over. It wasn't Millennials that passed Social Security, the War on Poverty, the Great Society, Medicare, Medicaid, Obamacare, etc.... Study: Millennials Are The True Entrepreneur Generation - Forbes'Irresponsible' Millennials Saving More Than Almost Every Other Group | The Financial TimesMillennials Are Outpacing Everyone in Retirement Savings | Money.com - TimeQuote HistoryQuoted:
Quoted:
The simple question is Why work? Socialism doesn't give an answer. At least, true socialism. The soviets and the chinese put a gun to your head and say work. That's their answer. The millennials haven't worked a day in their life, and Sanders is giving them reason not to. They like his socialism, not realizing it always boils down to a basically crony capitalist society, except the government is the upper class, never taking that next step to communism. Socialism is really easy if it's starve or die. But then, it's not really socialism, is it? Study: Millennials Are The True Entrepreneur Generation - Forbes'Irresponsible' Millennials Saving More Than Almost Every Other Group | The Financial TimesMillennials Are Outpacing Everyone in Retirement Savings | Money.com - TimeI agree that older generations are responsible for the mess BUT the millennials will very heavily vote for Sanders and would happily vote for someone ever farther left. Also,lies,damn lies and statistics: millennials can save more because a third of them are living at home http://www.cnsnews.com/news/article/ali-meyer/census-bureau-303-millennials-still-living-their-parents and their parents have less ability to save becuase they are paying for their adult children's food,utilities etc. Millennials are also representing the largest demographic of unemployed,especially so amongst non-Asian minorities,and this isn't even mentioning chronic under-employment. It is not a sign of a healthy economy that a 35 year old working at Starbucks is able to save a couple grand a year if their parents aren't able to save jack squat and said barista isn't in any position to be buying a home any time soon. I think we are looking at more people who will effectively never be able to retire and therefore the economic situation will become much more similar to France with even higher unemployment amongst the young. I believe Sanders will win and the Rs will lose Congress in 2018. In 2022 or 2024 I think there will be a shift to the right but by that point someone as radically right as Rubio will look like Reagan,but that is the pessimist in me. |
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Posted: 2/10/2016 10:14:56 AM EDT
[#24]
Quote HistoryQuoted:
Professor Gerald Friedman Draw your own conclusions. Just because they call themselves an 'economist' doesn't mean they know what the fuck they're talking about. Krugman is a perfect example. I've got a B.Sc in economics and some of my profs were hammer & sickle communists for fuck's sake. I would listen to an economist named Friedman if his first name is Milton. Krugman is a fucking hack. http://www.bloomberg.com/news/articles/2012-06-07/krugman-anti-austerity-jab-irks-budget-champ-estonia 
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Posted: 2/10/2016 10:26:13 AM EDT
[#25]
Quote HistoryQuoted: I would listen to an economist named Friedman if his first name is Milton. Krugman is a fucking hack. http://www.bloomberg.com/news/articles/2012-06-07/krugman-anti-austerity-jab-irks-budget-champ-estonia http://netprophet.tol.org/wp-content/uploads/2013/01/Ilves-Tweets-300x244.png Quote HistoryQuoted: Quoted: Professor Gerald Friedman Draw your own conclusions. Just because they call themselves an 'economist' doesn't mean they know what the fuck they're talking about. Krugman is a perfect example. I've got a B.Sc in economics and some of my profs were hammer & sickle communists for fuck's sake. I would listen to an economist named Friedman if his first name is Milton. Krugman is a fucking hack. http://www.bloomberg.com/news/articles/2012-06-07/krugman-anti-austerity-jab-irks-budget-champ-estonia http://netprophet.tol.org/wp-content/uploads/2013/01/Ilves-Tweets-300x244.png Oh damn it's behind a paywall now. But basically Krugman wrote in a column that Republicans live in an alternate universe where extended, generous unemployment benefits exacerbates and extends unemployment, because it de-incentivizes the need to find a job. Krugman stated that textbook economics shows that isn't true. James Taranto at the Wall Street Journal went and got a microeconomics textbook that stated Republicans were right about this. The author of the textbook? Dr. Paul Krugman, written in the 80's before he became a full time hack for the Democratic Party's policies. The article ends with speculation that perhaps Krugman's the one in an alternate universe today like the Star Trek episode 'Mirror, Mirror' where Starfleet was an evil organization. And like evil Spock, Krugman has a beard. |
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Posted: 2/10/2016 10:46:00 AM EDT
[#26]
Unfortunately, I doubt a law would have the desired effect. Business today is mostly made up of sociopaths who are concerned less about co-workers, employers, even the nation, and who are only concerned about maximizing their own incomes.
Wanting to do better for yourself and your family is a good thing.... but it has to be tempered with sound ethics. It never ceases to amaze me how many people here whine and bleat about their religion , yet have no problem using means which violate the very essence of the religion they espouse. Hypocrites. |
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Posted: 2/10/2016 10:48:10 AM EDT
[#27]
Quote HistoryQuoted:
Yeah. Make it a law. If these companies don't take the steps in your proposal they will be taken over by government managers and forced to follow those rules. Who is John Galt. Quote HistoryQuoted:
Quoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Yeah. Make it a law. If these companies don't take the steps in your proposal they will be taken over by government managers and forced to follow those rules. Who is John Galt. John Galt was a character in a poorly-written and poorly-thought-out book. In short, a fantasy figure. |
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Posted: 2/10/2016 10:49:34 AM EDT
[#28]
My Wife has been an entrepreneur for more than twenty years. She has started companies from scratch, turned them into something valuable, sold them for a profit and then started some other venture. Everything from private schools to indoor trampoline parks (and a number of business ventures in between). She will tell you that the only thing these Liberal/Progressive/Socialists have in their economic playbook is a recipe for cooking the golden goose!
At one time she had over 300 employees between several different businesses. Today, thanks to Obama, not so many. |
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Posted: 2/10/2016 10:51:05 AM EDT
[#29]
Quote HistoryQuoted:
Agreed that's the problem, but a double edged sword is not the solution. Quote HistoryQuoted:
Quoted:
Quoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Yeah. Make it a law. If these companies don't take the steps in your proposal they will be taken over by government managers and forced to follow those rules. Who is John Galt. Agreed that's the problem, but a double edged sword is not the solution. We're doomed by greed and a lack of moral imperative in business. Funny how people get offended at politician using the system to get rich, yet have no problem with businessmen anusing the same system to get rich. |
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Posted: 2/10/2016 10:53:34 AM EDT
[#30]
Quote HistoryQuoted:
Then go start some companies using that model. Or were you talking about forcing other companies to use that model? Quote HistoryQuoted:
Quoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Then go start some companies using that model. Or were you talking about forcing other companies to use that model? Ever wonder why Publix is doing so well? They're on that model. So are a number of other very successful businesses. It's an issue of ethics... and it seems you have none. |
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Posted: 2/10/2016 10:55:16 AM EDT
[#31]
Quote HistoryQuoted:
Yeah that's totally the problem.... Quote HistoryQuoted:
Quoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes.
Yeah that's totally the problem.... Yep, it's actually quite a bit of it. |
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Posted: 2/10/2016 10:56:34 AM EDT
[#32]
Quote HistoryJohn Galt was a character in a poorly-written and poorly-thought-out book. In short, a fantasy figure. And yet, everywhere Bernie's ideas are implemented, people ultimately have no incentive to work, and very little gets actually produced... USSR, Venezuela, Cuba, etc etc etc etc etc etc etc 
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Posted: 2/10/2016 10:57:04 AM EDT
[#33]
Quote HistoryQuoted:
Unfortunately, I doubt a law would have the desired effect. Business today is mostly made up of sociopaths who are concerned less about co-workers, employers, even the nation, and who are only concerned about maximizing their own incomes. Wanting to do better for yourself and your family is a good thing.... but it has to be tempered with sound ethics. It never ceases to amaze me how many people here whine and bleat about their religion , yet have no problem using means which violate the very essence of the religion they espouse. Hypocrites. Whose "ethics" YOUR ethics? The problems start when you expect (or demand in the case of big.gov) for somebody to work for something other than their own best interest. Talk about a fantasy 
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Posted: 2/10/2016 10:57:10 AM EDT
[#34]
That guy is a shitty economist.
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Posted: 2/10/2016 10:57:57 AM EDT
[#35]
Quote HistoryQuoted:
You cannot tax a corporation. The bill will always be passed on to individuals. I guess they don't teach that in elementary school, but they should. Anyone advocating raising corporate taxes is really just advocating raising the cost of living. I don't get what is so hard to understand about that. I guess it just sounds "fair". |
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Posted: 2/10/2016 10:58:34 AM EDT
[#36]
Central planning doesn't work.
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Posted: 2/10/2016 11:01:19 AM EDT
[#37]
Ha ha, sure.
The People's Marxist Ideals, which have failed everywhere else, will now work because the Smart Ivy Leaguers will be in charge. |
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Posted: 2/10/2016 11:08:14 AM EDT
[#38]
Quote HistoryQuoted:
And yet, everywhere Bernie's ideas are implemented, people ultimately have no incentive to work, and very little gets actually produced... USSR, Venezuela, Cuba, etc etc etc etc etc etc etc http://i294.photobucket.com/albums/mm94/svc350/Venezuela%20feels%20the%20bern_zpsnltaxiai.jpg Quote HistoryQuoted:
John Galt was a character in a poorly-written and poorly-thought-out book. In short, a fantasy figure. And yet, everywhere Bernie's ideas are implemented, people ultimately have no incentive to work, and very little gets actually produced... USSR, Venezuela, Cuba, etc etc etc etc etc etc etc http://i294.photobucket.com/albums/mm94/svc350/Venezuela%20feels%20the%20bern_zpsnltaxiai.jpg Some may think my dislike of Russians and all things Commie is a bit out of hand but no: 
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Posted: 2/10/2016 11:11:54 AM EDT
[#39]
Quote HistoryQuoted: Ha ha, sure. The People's Marxist Ideals, which have failed everywhere else, will now work because the Smart Ivy Leaguers will be in charge. |
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Posted: 2/10/2016 11:12:20 AM EDT
[#40]
Quote HistoryQuoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. We found a socialist. |
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Posted: 2/10/2016 11:17:43 AM EDT
[#41]
Quote HistoryQuoted:
And yet, everywhere Bernie's ideas are implemented, people ultimately have no incentive to work, and very little gets actually produced... USSR, Venezuela, Cuba, etc etc etc etc etc etc etc http://i294.photobucket.com/albums/mm94/svc350/Venezuela%20feels%20the%20bern_zpsnltaxiai.jpg Quote HistoryQuoted:
John Galt was a character in a poorly-written and poorly-thought-out book. In short, a fantasy figure. And yet, everywhere Bernie's ideas are implemented, people ultimately have no incentive to work, and very little gets actually produced... USSR, Venezuela, Cuba, etc etc etc etc etc etc etc http://i294.photobucket.com/albums/mm94/svc350/Venezuela%20feels%20the%20bern_zpsnltaxiai.jpg But,but, but socialism well work this time! Math is hard ok! |
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Posted: 2/10/2016 11:19:11 AM EDT
[#42]
Lots of free market economics experience right here:
Gerald Friedman Professor 926 Thompson Hall 545-6357 [email protected] Education: Ph.D., Economics, Harvard University, 1986. Dissertation: Politics and Unions: Government, Ideology, and the Labor Movement in the United States and France, 1880-1914. B.A., Economics and History, Columbia University, 1977 Professional Experience: University of Massachusetts at Amherst: Department of Economics, September 1984-present Tufts University: Department of Economics, Lecturer, September 1983-June 1984 Clark University: Department of Economics, Part-time Instructor, Spring 1983 International Ladies Garment Workers' Union: Research Assistant, June 1977-July 1978 Research Interests: Economic History: 19th and 20th century United States New World Slavery: 19th and 20th century France Labor History: Europe and North America Labor Economics Political Economy The Economics of Health Care Honors and Awards: German Marshall Fund of the United States Fellowship, 1989-90 Certificate of Excellence in Undergraduate Teaching, Harvard-Danforth Center for Teaching, Harvard University, 1981 Phi Beta Kappa and Magna Cum Laude from Columbia University Professional Activities: Drafted financing plans for single-payer health care systems for Maryland, Massachusetts and the United States. Associate Editor of Labor History 2003-present. Member of the Editorial Board, The Journal of Economic History (September 1994 - 1998). Member of the Editorial Board, The American Journal of Sociology (September 1995 - 1997). Affiliations: American Economic Association Economic History Association Labor and Working Class History Association Social Science History Association Society for French Historical Studies Selected Publications: Reigniting the Labor Movement: Restoring means to ends in a democratic Labor Movement (London and New York, Routledge, 2007). Posted Via AR15.Com Mobile |
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Posted: 2/10/2016 11:23:20 AM EDT
[#43]
Quote HistoryQuoted:
John Galt was a character in a poorly-written and poorly-thought-out book. In short, a fantasy figure. Quote HistoryQuoted:
Quoted:
Quoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Yeah. Make it a law. If these companies don't take the steps in your proposal they will be taken over by government managers and forced to follow those rules. Who is John Galt. John Galt was a character in a poorly-written and poorly-thought-out book. In short, a fantasy figure. Tell me the name of the company that you started and is run by your posted standards. |
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Posted: 2/10/2016 11:26:37 AM EDT
[#44]
Quote HistoryQuoted:
Wanting to do better for yourself and your family is a good thing.... but it has to be tempered with sound ethics. It never ceases to amaze me how many people here whine and bleat about their religion , yet have no problem using means which violate the very essence of the religion they espouse. Hypocrites. Okay. Since you think we need the government to enforce "sound ethics" but don't say who's ethics we use then let's use my ethics then. Nationally. You're not going to like it though. |
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Posted: 2/10/2016 11:26:40 AM EDT
[#45]
 US Senator Bernard Sanders derided as egg-sucking milquetoast, lacking in strength necessary to achieve true socialism.
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Posted: 2/10/2016 11:26:41 AM EDT
[#46]
Quote HistoryQuoted:
The only real way to bring back prosperity to all is something that will be fought tooth-and-nail by management. It is simple: Treat management as employees.... like all the others. Straight salary, same pension system as everyone else, no bonuses for increased profits (part of the freakin' JOB). With a requirement for long-term commitment from managers and dependence on the healtg of the company, you'll start seeing more responsibility in decision-making and concern for SUSTAINABLE growth of business. Employees with experience and training will be compensated and treated as the valuable resources they are, since businesses will rely on actual performance to compete and thrive. Customer satisfaction will become important again. But management will lose out on those high short-term bonuses where they pad profits for a few years by cannibalizing company resouces, then bail out before the company crashes. Are you serious? |
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Posted: 2/10/2016 11:28:11 AM EDT
[#47]
I came in here expecting to see an article from The Economist.
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Posted: 2/10/2016 11:32:18 AM EDT
[#48]
Quote HistoryQuoted:
I'm no economist but this: makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: Quote HistoryQuoted:
I'm no economist but this: Also, Sanders would raise the minimum wage, as well as shift income from the rich to the middle and working class through tax hikes on the wealthy and corporations. makes me laugh. Taxing the shit out of the wealth and corporations won't do SHIT to raise income for the middle class. It will likely have disastrous affect on them through lost jobs, and shifting of the labor market by increasing demand for jobs as unemployment soars. Then there's this gem: "Like the New Deal of the 1930s, Senator Sanders' program is designed to do more than merely increase economic activity," Friedman writes. It will "promote a more just prosperity, broadly-based with a narrowing of economy inequality." This last bit is the most important part. To the Left, that's the only thing that matters. All that matters is that the mighty fall. |
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Posted: 2/10/2016 11:40:25 AM EDT
[#49]
I got this far and stopped reading:
"Friedman, who believes in democratic socialism like the candidate..." Surely an unbiased opinion from this ultra liberal professor. Thank you, CNN, for maintaining neutrality. |
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Posted: 2/10/2016 11:47:35 AM EDT
[#50]
Quoted:
http://money.cnn.com/2016/02/08/news/economy/sanders-income-jobs/ This is really a no brainer. An economy canot work if people doesn't have money to spend consuming. lol, you actually believe that shit? What university is your economics degree from? An economy WILL NOT function when it has money removed from it via government taxation. |
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