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Still Not Sure How I Will Vote
- Thread starter oldtime
- Start date
That's just non-sense.Quote from jem:
Lets go at this another way.
Everything we were taught and hear about capitalism and economics really boils down to one thing.
Price is a better at allocating societies resources effectively than any other system.
For price to allocate resources effectively you have to have free trade.
If trade is not "free"... if a country puts up barriers or manipulates currency price is no longer an efficient signal.
Note there are other times when price does not reflect full information as well..
For instance if an industry threatens to pollute the entire planet with radiation... the govt should step in and force them to deal with their waste better... driving up the costs of a kilowatt hour. Now we can better decide carbon or nuclear.
In short when a country who exports as many goods as they do to us... manipulates the currency and thereby price... is can really screw up our allocation of resources.
Now the invisible hand might say in the long run this will come back to balance...
but as Keynes said... in the long run we are all dead.
Your complaint is other countries govt action distorts price information signals.Pray tell how our govt playing the same game too, restores the integrity of pricing signals .
here's a hint it doesn't.
Gov't protectionism harms both consumer (in prices )and producer (shittier product shielded by cronyism and govt mandate).
Quote from PHOENIX TRADING:
That's just non-sense.
Your complaint is other countries govt action distorts price information signals.Pray tell how our govt playing the same game too, restores the integrity of pricing signals .
here's a hint it doesn't.
Gov't protectionism harms both consumer (in prices )and producer (shittier product shielded by cronyism and govt mandate).
for the same reasons we do not allow monopolies we should not allow price manipulators to blow our manufacturers out of existence.
Our consumers do not need unnecessarily cheap goods, which would bring short term advantage but long term joblessness.
If trade is not free... there is no compelling reason to argue a hands off approach is best.
there are too many examples or countries targeting industries and growing them to competitive levels.
As I said, we don't allow monopolies, we don't allow dumping, we pretend we don't allow subsidies... the peg is all those things at once.
Quote from oldtime:
health care is not a right. It's a luxury I can afford and willing to pay for if you are too poor to afford it yourself. Same with food. But that's about it. All the rest you need to figure out yourself.
Under Medicaid and Medicare, it is a de facto right for those who are unable to pay for it themselves or are seniors.
A nice cabin cruiser is a luxury. A summer in Tuscany is a luxury.
Health care is something altogether different. I'll let you figure out the difference.
I say a hands off approach is best even if trade is not free by your accusations.Quote from jem:
for the same reasons we do not allow monopolies we should not allow price manipulators to blow our manufacturers out of existence.
Our consumers do not need unnecessarily cheap goods, which would bring short term advantage but long term joblessness.
If trade is not free... there is no compelling reason to argue a hands off approach is best.
there are too many examples or countries targeting industries and growing them to competitive levels.
As I said, we don't allow monopolies, we don't allow dumping, we pretend we don't allow subsidies... the peg is all those things at once.
Anything to the contrary is just using the excuse "they did it first" to justify managing the economy through tariffs.
If you are going to advocate a managed economy at least be honest & admit you want an economic fascist state.
Quote from L-Kabong:
A nice 1)cabin cruiser is a luxury. 2)A summer in Tuscany is a luxury.
3)Health care is something altogether different. I'll let you figure out the difference.
A)There is no difference, all 3 require people to pay for goods or services rendered without exception.
B)All three have limits on availability despite infinite demand.
Govt cannot change the veracity of either A or B by decree.
it's a luxury until you can't pay for it. You sell your cabin cruiser and your summer in Tuscany, and if you still can't pay for it, I will.Quote from L-Kabong:
Under Medicaid and Medicare, it is a de facto right for those who are unable to pay for it themselves or are seniors.
A nice cabin cruiser is a luxury. A summer in Tuscany is a luxury.
Health care is something altogether different. I'll let you figure out the difference.
It's amazing to me that you and many others haven't figured out the difference.
Think about it. I'm a generous man, and will give you all the time you need.
Quote from oldtime:
it's a luxury until you can't pay for it. You sell your cabin cruiser and your summer in Tuscany, and if you still can't pay for it, I will.
It's amazing to me that you and many others haven't figured out the difference.
Think about it. I'm a generous man, and will give you all the time you need.
Those are some pretty broad shoulders there to take on the poor people's medical bills, and you're going to feed them too!?
poor peoples medical bills and food stamps are just a drop in the bucket. You and I wouldn't even notice it.Quote from bigarrow:
Those are some pretty broad shoulders there to take on the poor people's medical bills, and you're going to feed them too!?
The problem is, I am about darn near ready to qualify for the senior citizens discount at Denny's. And even if I ate the crap they serve that they call food, it could be better used helping young kids that are just starting out trying to raise families.
I don't see what the big deal is about being a senior. By then you should have got your kids raised and made enough money betting against young inexperienced traders to not have to worry too much about money.
And like I said, if you made bad bets, I'm here for you. It could have gone the other way for me also.
You talk like most people are sick and make bad business decisions.
A few do, and those of us that didn't can more than take care of them.
Most people are just like you and me and do what is right.
The problem arises when dumbasses like you think you are smarter than everybody else.
Quote from oldtime:
poor peoples medical bills and food stamps are just a drop in the bucket. You and I wouldn't even notice it.
The problem is, I am about darn near ready to qualify for the senoir citizens discount at Denny's. And even if I ate the crap they serve that they call food, it could be better used helping young kids that are just starting out trying to raise families.
I don't see what the big deal is about being a senior. By then you should have got your kids raised and made enough money betting against young inexperienced traders to not have to worry too much about money.
And like I said, if you made bad bets, I'm here for you. It could have gone the other way for me also.
You talk like most people are sick and make bad business decisions.
A few do, and those of us that didn't can more than take care of them.
Most people are just like you and me and do what is right.
The problem arises when dumbasses like you think you are smarter than everybody else.
dumbasses like me lol, ok, as opposed to dumbasses unlike me.