8 richest own as much as half of the World's population. Oxfam

[metis]

It is ultimately the consumer who creates jobs because, if they don't buy, no amount of investment would suffice, and the company would go out of business. 0 demand = 0 production in the long run.

 

[Shad]

My word, what a rant. Okay if you struggle to look past your own country then what policies do you think will lead to a better America

I'm Canadian..... I am pointing out the very type of models Sanders wants are failing in the EU and have been abandoned by nations like Canada years ago. Sanders is selling a product that is dead Heck his idea of taxing investments was tried in the EU, a Tobin Tax. It was supposed to increase GDP revenues instead it dropped it by .9 %. It lost revenues instead of creating more as was planned as it was a fantasy

 

[allfoak]

That's it. That's the subject matter.
Unleash the hounds of debate!

Who gave those 8 people all that money?

 

[Shad]

It is ultimately the consumer who creates jobs because, if they don't buy, no amount of investment would suffice, and the company would go out of business. 0 demand = 0 production in the long run.

Mere demand does not create anything as the product must have reasonable production value,manufacturing costs, wages, overhead, distribution etc. Product demand includes more than just wanting X product.

 

[Thanda]

I'm Canadian..... I am pointing out the very type of models Sanders wants are failing in the EU and have been abandoned by nations like Canada years ago. Sanders is selling a product that is dead Heck his idea of taxing investments was tried in the EU, a Tobin Tax. It was supposed to increase GDP revenues instead it dropped it by .9 %. It lost revenues instead of creating more as was planned as it was a fantasy

Are you going to answer the question or are you going to require me to get you country right first? In case you have forgotten the question: what would you do to make your country a better place (economically speaking).

 

[metis]

Mere demand does not create anything as the product must have reasonable production value,manufacturing costs, wages, overhead, distribution etc. Product demand includes more than just wanting X product.

But it is the predominant driving force for production. Investments can come from a variety of areas-- not just from the wealthy, and that is the issue matched with taxation that originated our conversation.

It seems that you are trying to rewrite the law of supply and demand, and it begs the question why?

0 demand = 0 production in the long run no matter how much investment money there may be.

 

[icehorse]

His idea that the middle class create jobs is a much as fiction as the point he attacks. It is a mix of both. A middle class demanding a product with no producers nor entrepreneurs produces no jobs nor products. Likewise no consumers, or not enough, makes jobs disappear as the market is not sustainable.

- and in a later post:

No he didn't. He openly states at 5:22 the consumer is the job creator. Watch it again.

Is it your contention that in Hanauer's talk he is NOT clear that producers and consumers form an ecosystem in which both camps are essential components? It feels to me that when you cite a sentence from 5:22 in the video you are doing some disingenuous cherry-picking, no?

 

[Shad]

Are you going to answer the question or are you going to require me to get you country right first?

Your assumption itself carries implication. America's issues are far more known than Canadian issue.

In case you have forgotten the question: what would you do to make your country a better place (economically speaking).

1. Maintain the contract between citizen and government rather than anyone that pleases and government. We dump millions (its Canada millions to us are billions to America) into people that return nothing to the nation
2. Cut overspending by prioritizing the citizen and nation over that of foreign aid.
3. Stop treating the tax payer as a private bank for charity
4. Remove immunity from laws granted by foreign corporations
5. Reestablish language requirements for immigrants
6. Reestablishing the education programs for immigrants which provides knowledge of Canadian culture, our values, our goals, the ideals we hold to to avoid culture shock and isolation.
7. Reversal of tax the rich strategy
8. Produce numbers not emotion based promises. There is a history of such programs getting out of hand drastically.
9 Stop programs which will run the nation into debt after the current ruling party has exite
10. Reform the education program back to a higher standard. There are classes I took in highschool which are now only in post-secondary.

Most of Canada's problems are government created be it bad planning or gross incompetence.

 

[Shad]

Is it your contention that in Hanauer's talk he is NOT clear that producers and consumers form an ecosystem in which both camps are essential components? It feels to me that when you cite a sentence from 5:22 in the video you are doing some disingenuous cherry-picking, no?

He still pushes the job creators to the consumer as if the capitalist does nothing at all but produce products.

No, I pointed out a contradiction in his views. If it is a balance as I say there is no need to finish with what he said at 5:22. I am pointing out his inconsistency. It's one methods of spotting BS.

 

[Shad]

But it is the predominant driving force for production. Investments can come from a variety of areas-- not just from the wealthy, and that is the issue matched with taxation that originated our conversation.

The middle-class is a minor investor whom more often than not makes sound and reason investments with minimal risk.

It seems that you are trying to rewrite the law of supply and demand, and it begs the question why?

I am not talking about supply and demand I am talking about development of a market which includes more than a simple two point dynamic.

0 demand = 0 production in the long run no matter how much investment money there may be.

There are still a number of short term products that are offered in the form a speculative demands. Some make an assumption that a product will fill a market that people had no demand for previously. Long term products which a conditioned demand are found in consumer products based on social constructs. Makeup for example is based social and cultural conditioning in which the demand was taught as something normal.

 

[oldbadger]

I think you'd end up demanding more.
Not only would I assault you with ideas, I'd also tell jokes.

I'd want 30 dollars if it was jokes!
But Mrs Revolting's lunches would help..... I just know it, from afar.

Who gave those 8 people all that money?

I don't give a fig to discover that.
But there are too many people living in squalor, sickness and unhappiness for the situation to make any sense at all.
What do you think?

 

[allfoak]

I'd want 30 dollars if it was jokes!
But Mrs Revolting's lunches would help..... I just know it, from afar.


I don't give a fig to discover that.
But there are too many people living in squalor, sickness and unhappiness for the situation to make any sense at all.
What do you think?

Perhaps we gave it to them?

 

[Revoltingest]

I'd want 30 dollars if it was jokes!
But Mrs Revolting's lunches would help..... I just know it, from afar.

I'd make you lunch.
Ever have haggis sushi?

 

[Twilight Hue]

Who gave those 8 people all that money?

Mom and dad.

 

[icehorse]

He still pushes the job creators to the consumer as if the capitalist does nothing at all but produce products.

No, I pointed out a contradiction in his views. If it is a balance as I say there is no need to finish with what he said at 5:22. I am pointing out his inconsistency. It's one methods of spotting BS.

If I were to take out my BS-o-meter, I'd have to say it registers higher with you than with the speaker. It strikes me that you're deliberately trying to mis-characterize the video. His entire talk is an attempt to fight back against a popular and long-standing capitalist meme.

 

[Shad]

If I were to take out my BS-o-meter, I'd have to say it registers higher with you than with the speaker. It strikes me that you're deliberately trying to mis-characterize the video. His entire talk is an attempt to fight back against a popular and long-standing capitalist meme.

Go take a look at what economist say of your hero. Most think he is either insane or an idiot. You ignore that he lied about his figures, lied about his claims and contradict himself. You only seem to care about the slogan he says as they ring in your ear. Go read his opinion editorials.

 

[icehorse]

Go take a look at what economist say of your hero. Most think he is either insane or an idiot. You ignore that he lied about his figures, lied about his claims and contradict himself. You only seem to care about the slogan he says as they ring in your ear. Go read his opinion editorials.

1 - you're changing the topic
2 - you don't know what's "in my ear"
3 - i've been a business owner - what he says about hiring is absolutely true

So - for the sake of discussion - let's say that we should keep taxes on the rich low, as they have been for decades - when will these jobs start getting created? When will income inequality start decreasing? We've given this low-taxes-for-the-rich approach decades now, and it doesn't seem to be working. What do you the anonymous economists recommend instead? More of the same?

Do you contest the idea that income inequality is rising?

 

[oldbadger]

I'd make you lunch.
Ever have haggis sushi?

I can get that in Newcastle upon Tyne. (Never go over the border for haggis, yiou never know what you're getting.)

Now....... which of these is the more despicable? Fred, Jim, Mack or Sid?.......... hang on......

Oh my Gawd......... I've just fallen over a Thread.
I'm going to post a thread up later, all about scullduggery and stuff, it might be fun.

 

[oldbadger]

It is ultimately the consumer who creates jobs because, if they don't buy, no amount of investment would suffice, and the company would go out of business. 0 demand = 0 production in the long run.

Yes.
But, try this. This came from the CEO of one of the most successful Direct Sales Companies in the UK, circa 1978.

There are three reasons why this company exists.
1. It exists to supply a good service and products to our customers. Without our customers it would die.
2. It exists to supply good livings to all our employees and contractors. Without good employees and contractors we would die.
3. It exists to supply fair returns to our shareholders. Without our shareholders we would die.

What goes round, comes back round.

 

[oldbadger]

Mere demand does not create anything as the product must have reasonable production value,manufacturing costs, wages, overhead, distribution etc. Product demand includes more than just wanting X product.

Mere demand is lifeblood to most companies.
All the clever ideas and machinations are dead, dead as a dodo, if the world does not beat a path to our doors.

If the service or product is not right, then its not wanted.
The best people to listen to are teenagers.... they are utterly ruthless whilst being utterly crazy (within their fashions) , and thus perfect for objective study.