Economy lost 400,000 jobs or gained 100,000

[Ricter]

Quote from Max E. Pad:

Yes it does, how on earth could you come to that conclusion?

If Obamacare is going to cost me 50k per year, and an added tax rate is going to cost me another 50k per year, i just lost 100k. If both of these decisions are reversed my cashflow goes up by 100k.

As a business owner do you think id rather invest 100k in the government, or in the economy, where there may be some mutual benefit?

Those would be part of my production cost, among a myriad of other things that presently are. They would be passed on to the customer. I'd be concerned if my competition did not have to pay them, too, but of course they will. As for foreign competition, that's what FTAs, most favored nation, and countervailing tariffs are for.

 

[nutmeg]

Quote from Ricter:

Those would be part of my production cost, among a myriad of other things that presently are. They would be passed on to the customer. I'd be concerned if my competition did not have to pay them, too, but of course they will.

regarding "concerned".

Aren't you concerned your customer is getting absolutley nothing for extra 50k obama care and 50k tax rate?

 

[Eight]

Quote from Tsing Tao:

It's hard to say. The jobs data is all based on the BLS, and the BLS has shown that it's methods are sketchy at best, fraudulent at worst.

sketchy-fraudulent, par for the course for American public sector... but like FDR kept saying; "prosperity is just around the corner".

75% of Obamatose voters think the economy is doing fine anyhow! MSNBS is doing their job...

 

[Max E.]

Quote from Ricter:

Those would be part of my production cost, among a myriad of other things that presently are. They would be passed on to the customer.

Yeah, cause we all know that raising the price of something has no effect on demand, you can simply raise it, and the customer will eat the price no questionsd asked, especially when the customers yearly wages have fallen by 4000 dollars in the last 4 years.... give me a break,

 

[Lucrum]

Quote from Eight:

...75% of Obamatose voters think the economy is doing fine anyhow! MSNBS is doing their job...

As long as their welfare checks keep coming, why wouldn't they?

 

[pspr]

Quote from Lucrum:

As long as their welfare checks keep coming, why wouldn't they?

But their 2 years of extended unemployment checks have run out.

 

[Ricter]

Quote from Max E. Pad:

Yeah, cause we all know that raising the price of something has no effect on demand, you can simply raise it, and the customer will eat the price no questions asked, especially when the customers yearly wages have fallen by 4000 dollars in the last 4 years.... give me a break,

Whose wages have fallen? Not mine. To quote one of your buddies, "I'm all for income inequality and I'd like to increase it".

 

[Max E.]

Quote from Ricter:

Whose wages have fallen? Not mine. .

Awesome, so then you would probably agree, there is no more need for the government to spend anymore money "stimulating" the economy right?

 

[Ricter]

Quote from Max E. Pad:

Awesome, so then you would probably agree, there is no more need for the government to spend anymore money "stimulating" the economy right?

If I say I care about the working man, it will be consistent with most of what I've ever written on this website. But for you to say it would be a complete reversal. A reversal you make, as now, when it's convenient to support an anti-Obama, any old anti-Obama, argument.

 

[Max E.]

Quote from Ricter:

If I say I care about the working man, it will be consistent with most of what I've ever written on this website. But for you to say it would be a complete reversal. A reversal you make, as now, when it's convenient to support an anti-Obama, any old anti-Obama, argument.

I wasnt supporting the working man, I was supporting business and pointing out the fact that businesses cant simply raise prices to offset higher taxes and increased regulatory burden, when wages are falling, or remaining stagnant.

This is the quintessential failure of keynesian economics.