1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

[Judicial Watch] Isis camp in Mexico close to Texas border

Discussion in 'BBS Hangout: Debate & Discussion' started by TheresTheDagger, Apr 15, 2015.

  1. Mr. Clutch

    Mr. Clutch Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,132
    I'm not really arguing that capitalism doesn't have problems. You need sensible regulation and a safety net. I like the Scandinavian model. But too many on the left ignore the astounding increase in wealth among the poor over the last several decades.

    As gar as Germany, I don't think you can look at hours worked as the relevant indicator. What's been important in their separation recently has been the adoption of supply side reforms in Germany. Unions were weakened.

    Meanwhile, France raised taxes to the point where even the left there realizes they can't go higher without hurting revenue
     
  2. Mr. Clutch

    Mr. Clutch Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,132
    That would be an intersection of supply and demand, not an example of the supply side
     
  3. SamFisher

    SamFisher Member

    Joined:
    Apr 14, 2003
    Messages:
    61,885
    Likes Received:
    41,410
    [​IMG]

    Those flatlines are truly astounding! is it adjusted for smartphones?

    #gunsup
     
  4. Mr. Clutch

    Mr. Clutch Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,132
    Check the international chart
     
  5. Mr. Clutch

    Mr. Clutch Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,132
    The New York Times
    Search
    SHARETWEETMORE
    SUBSCRIBELOG IN
    The Upshot

    Income Inequality Is Not Rising Globally. It's Falling.

    JULY 19, 2014
    Economic View
    By TYLER COWEN
    Income inequality has surged as a political and economic issue, but the numbers don’t show that inequality is rising from a global perspective. Yes, the problem has become more acute within most individual nations, yet income inequality for the world as a whole has been falling for most of the last 20 years. It’s a fact that hasn’t been noted often enough.

    The finding comes from a recent investigation by Christoph Lakner, a consultant at the World Bank, and Branko Milanovic, senior scholar at the Luxembourg Income Study Center. And while such a framing may sound startling at first, it should be intuitive upon reflection. The economic surges of China, India and some other nations have been among the most egalitarian developments in history.

    http://mobile.nytimes.com/2014/07/20/upshot/income-inequality-is-not-rising-globally-its-falling-.html?referrer=
     
  6. SamFisher

    SamFisher Member

    Joined:
    Apr 14, 2003
    Messages:
    61,885
    Likes Received:
    41,410
    #gunsup
     
  7. SamFisher

    SamFisher Member

    Joined:
    Apr 14, 2003
    Messages:
    61,885
    Likes Received:
    41,410
    I did, and I came up with this.

    http://blogs.reuters.com/felix-salmon/2014/04/04/stop-adding-up-the-wealth-of-the-poor/

     
  8. SamFisher

    SamFisher Member

    Joined:
    Apr 14, 2003
    Messages:
    61,885
    Likes Received:
    41,410
    Earlier in this thread, you are arguing about wealth

    Now you are posting an article about income.

    Do you know the difference between the two? :confused:

    #gunsup indeed. :)
     
  9. glynch

    glynch Member

    Joined:
    Dec 1, 2000
    Messages:
    18,087
    Likes Received:
    3,605
    How much longer in your opinion should the majority of Americans keep patiently waiting as the wealth trickles up because of your belief in Milton Friedman's markket fundamentalism which was much talked about in the early 80's when the whole scam about cutting taxes for the wealthy and benefits for the rest started which rolled back the gains the middle class had made in the 40 previous years?

    BTW not correct to claim that only philosophers" but not a substantial number of economists oppose the extreme free ideas of Friedman


    '
     
    #69 glynch, Apr 17, 2015
    Last edited: Apr 17, 2015
  10. bobmarley

    bobmarley Member

    Joined:
    Jul 8, 2003
    Messages:
    6,489
    Likes Received:
    318
    Really? Three posts in a row quoting the same person, what has gotten into you?
     
  11. Teen Wolf

    Teen Wolf Member

    Joined:
    Aug 9, 2014
    Messages:
    1,799
    Likes Received:
    66
    Back from your proselytizing mission in Africa?
     
  12. percicles

    percicles Member

    Joined:
    Jun 11, 2002
    Messages:
    11,989
    Likes Received:
    4,446
    Back on topic folks. Our proposed Michael bay directed ISIS vs Zetas Cartel award season film. McConaughey should be the lead. There should also be at least three huge explosions and two full on gun battles. What else we got?
     
  13. CometsWin

    CometsWin Breaker Breaker One Nine

    Joined:
    May 15, 2000
    Messages:
    28,028
    Likes Received:
    13,051
    Need a hot chick.
     
  14. Baqui99

    Baqui99 Member

    Joined:
    Jul 11, 2000
    Messages:
    11,495
    Likes Received:
    1,231
    Eva Mendes would be a good choice as the U.S. undercover agent infiltrating Los Zetas.
     
    1 person likes this.
  15. CometsWin

    CometsWin Breaker Breaker One Nine

    Joined:
    May 15, 2000
    Messages:
    28,028
    Likes Received:
    13,051
    Definitely. Way hot.
     
  16. AroundTheWorld

    Joined:
    Feb 3, 2000
    Messages:
    83,288
    Likes Received:
    62,281
    It appears that there are things we can agree on.
     
  17. Mathloom

    Mathloom Shameless Optimist

    Joined:
    Oct 4, 2008
    Messages:
    21,121
    Likes Received:
    22,589
    I'm sure this is not true, but I am also sure it is inevitable that something like this will happen if you guys keep letting your government treat Mexicans and Mexico the way it has treated them for decades now. Mexicans are looking south and seeing tiny little pockets of how their life can at least be on a path to something better.

    There must already be Arabs in the US smuggled through Mexico illegally. No one would even know the difference, people speak to me and my family in Spanish the whole time when we're in the US.
     
  18. AroundTheWorld

    Joined:
    Feb 3, 2000
    Messages:
    83,288
    Likes Received:
    62,281
    [​IMG]

    [​IMG]

    Depends on what you are wearing, I guess.
     
  19. Sweet Lou 4 2

    Sweet Lou 4 2 Member

    Joined:
    Dec 16, 2007
    Messages:
    39,206
    Likes Received:
    20,352
    Trickle up is killing us. What will corporations do once they have sucked all the cash out of the bottom of the barrel? Will the whole thing collapse?
     
  20. Major

    Major Member

    Joined:
    Jun 28, 1999
    Messages:
    41,683
    Likes Received:
    16,209
    I don't think anyone disagress that over several decades, things have improved. The issue is going forward. There has, for the entirety of human history, been fairly simple and reliable relationship between business and labor: to make more money, you have to employ more people. So the system worked for everyone. For the rich to get richer, the middle class HAD to gain jobs.

    Over the last decade or two, that has started to break down due to structural changes in technology and society. Businesses can now make billions without really employing many people. Compare a Facebook's profits:employees ratio to the major companies of the past. Or even compare an automaker's ratio today to their ratio 30 years ago.

    So in the past, it was easy to say "make business successful, and everything else will follow". Today, making business successful does NOT necessarily mean everything else will follow. We're seeing that to a large extent in this recovery. I believe as far back as 2010, corporate profits were at absolute record highs - yet there was no real demand for employment.

    So modern capitalism is losing the core element that made it so workable - and it's going to be interesting to figure out how to adapt it. The key question is: if we don't need nearly as much workers in a modern economy and we keep replacing people with technology, what exactly do we do with all those now-unemployed people?

    Consumption does not go up when the money isn't flowing to the masses in the form of jobs; and jobs don't go up when they aren't needed to increase production. So the traditional cycle of increased consumption leading to more more jobs leading to more consumption and on doesn't hold up.
     

Share This Page