2 forces

keepit wrote:
#2 - the wealth concentration in the hands of the richest might be getting to be similar to 1929 which caused the less fortunate to be unable to buy things which led to the rich people being unable to make a profit off the less fortunate.

keepit wrote: Two forces are potentially going to wreak havoc in the economy.

keepit wrote:#1 - the general economic damage from covid could be more difficult to recover from than is commonly thought.

keepit wrote:#2 - the wealth concentration in the hands of the richest might be getting to be similar to 1929 which caused the less fortunate to be unable to buy things which led to the rich people being unable to make a profit off the less fortunate.

keepit wrote:Watch out!

keepit wrote:
IBD,
More foul talk rather something constructive. What's wrong with you?

keepit wrote:
Gas, I admit, i think there's too much wealth residing with the rich people.
You're not rich. Why don't you want a modicum of wealth redistribution?

keepit wrote:
I call it taxation. The rich have stolen the time of the poor worker to make a profit for themselves.
You aren't rich gfm, why don't you want a modicum of wealth redistribution?

keepit wrote:
I call it taxation.

keepit wrote: The rich have stolen the time of the poor worker to make a profit for themselves.

keepit wrote: You aren't rich gfm, why don't you want a modicum of wealth redistribution?

keepit wrote:
Gas, I admit, i think there's too much wealth residing with the rich people.
You're not rich. Why don't you want a modicum of wealth redistribution?

keepit wrote:
IBD,
More foul talk rather something constructive. What's wrong with you?

keepit wrote:
Gas, I admit, i think there's too much wealth residing with the rich people.
You're not rich. Why don't you want a modicum of wealth redistribution?

keepit wrote:
Rather than quibble about the many things you say which i disagree with, let me ask you how the govt would provides services (police, fire, education, national defense, heath care, etc. etc.) without collecting taxes?

keepit wrote:
This issue is so obvious i'm surprised you argue about it.

keepit wrote:
I suppose there doesn't need to be taxes if the govt just continually prints enough money to pay for these services.

keepit wrote:
Most people have decided long ago that these services should be handled by the govt.

keepit wrote:
Taxation isn't theft by definition.

keepit wrote:
What dictionary are you using?

keepit wrote:
Privatizing is inefficient. ITN, do you have to sound like a broken record all the time?

keepit wrote:
ITN,
The foul talk spoils the soup, not that i agree with anything he says.

keepit wrote:
And who says taxation is theft other than you and a very few others?

keepit wrote:
Privatizing is inefficient. ITN, do you have to sound like a broken record all the time?

GasGuzzler wrote:

keepit wrote:
Privatizing is inefficient. ITN, do you have to sound like a broken record all the time?

HAJAHAHAHAHA!!!!

Name one thing the gov does more efficiently than the private sector.

The gov is FUL of waste!

Say something intelligent please!

GasGuzzler wrote:
Gov isn't required to turn a profit. They have no clue what efficiency is!!!

keepit wrote:
Anyone who doesn't like the taxation system has my permission to leave the country.

keepit wrote:
Anyone who doesn't like the taxation system has my permission to leave the country.

keepit wrote:
I call it taxation.

keepit wrote:
The rich have stolen the time of the poor worker to make a profit for themselves.

keepit wrote:
You aren't rich gfm,

keepit wrote:
why don't you want a modicum of wealth redistribution?

HarveyH55 wrote:

keepit wrote:
I call it taxation. The rich have stolen the time of the poor worker to make a profit for themselves.
You aren't rich gfm, why don't you want a modicum of wealth redistribution?

It's a man thing... A man prefers to earn what he owns. Gives us a sense of accomplishment. Gives a goal to work towards. Everything we have, has the value, of the work we put into earning it. Handouts have little lasting value, and aren't really appreciated.

You really have some twisted views on wealth. There are very few people or companies, considered wealthy, who actually have a wallet stuffed full of cash. Most of the money is in what they own, the businesses, that produce the wealth. Most put their profits, back into those businesses, to keep them profitable, and growing. Taxes, are just one of many operating costs, that come out of the profits earned. Higher taxes, reduce profits, and less left to go back into the business. That usually impacts the employees the most. They don't get the raises, bonuses or perks, which are usually low priority. But, they would be happier to continue to have a job, rather than get a big raise, and a pink slip a month later. A business needs to be maintained, upgrade, equipment replace, sufficiently staffed. Less profits, means less money for other things, that employees depend on, to do their jobs, with fewer hassles.

I get paid generously for the work I do, no complaints at all. If it didn't fit my needs, and expectations, I would have look for a different job, or sought advancement in the company I work for. I don't have to search through newspapers, for a cat food, 3 cans for a dollar coupon, and I actually have two cats. Unlike some coupon clippers, who need to spend less...

Wealth, isn't really a dollar value, it's more a measure of a man's accomplishments, what he built. Most men don't want to be cared for like a pet, or a child. We have this thing called pride. Although democrats seem to be proud of being parasites on society...

GasGuzzler wrote:

keepit wrote:
I call it taxation.

Taxation IS theft by definition.
The taking of one's belongings by force or threat.

keepit wrote: The rich have stolen the time of the poor worker to make a profit for themselves.

WRONG!! The business owner offered money in return for work or service and the worker AGREED to it. BOTH parties profit from it. If you don't like being on the "worker" end of this arrangement, try being the business owner. You'll find it ain't easy and you'll do more work than you ever imagined. You'd better love what you're doing because you'll be married to it for years.

GasGuzzler wrote:

keepit wrote: You aren't rich gfm, why don't you want a modicum of wealth redistribution?

Something tells me old gfm does quite alright for himself. Something else tells me that money is not the center focus of his life and there are far more important things to live for. TOTALLY guessing here....

keepit wrote:
Sounds good.
I thought you were down with the whole idea of taxation.

gfm7175 wrote:

GasGuzzler wrote:

keepit wrote:
I call it taxation.

Taxation IS theft by definition.
The taking of one's belongings by force or threat.

keepit wrote: The rich have stolen the time of the poor worker to make a profit for themselves.

WRONG!! The business owner offered money in return for work or service and the worker AGREED to it. BOTH parties profit from it. If you don't like being on the "worker" end of this arrangement, try being the business owner. You'll find it ain't easy and you'll do more work than you ever imagined. You'd better love what you're doing because you'll be married to it for years.

Well stated!

GasGuzzler wrote:

keepit wrote: You aren't rich gfm, why don't you want a modicum of wealth redistribution?

Something tells me old gfm does quite alright for himself. Something else tells me that money is not the center focus of his life and there are far more important things to live for. TOTALLY guessing here....

Indeed. While "rich" and "poor" are subjective terms, I consider myself neither rich nor poor. I don't make six figures, nor is that a desire of mine, but I do have enough to get by, and I am thankful for what the LORD has blessed me with. You would be correct with your guess that money is not at all a central focus of my life.

HarveyH55 wrote:

gfm7175 wrote:

GasGuzzler wrote:

keepit wrote:
I call it taxation.

Taxation IS theft by definition.
The taking of one's belongings by force or threat.

keepit wrote: The rich have stolen the time of the poor worker to make a profit for themselves.

WRONG!! The business owner offered money in return for work or service and the worker AGREED to it. BOTH parties profit from it. If you don't like being on the "worker" end of this arrangement, try being the business owner. You'll find it ain't easy and you'll do more work than you ever imagined. You'd better love what you're doing because you'll be married to it for years.

Well stated!

GasGuzzler wrote:

keepit wrote: You aren't rich gfm, why don't you want a modicum of wealth redistribution?

Something tells me old gfm does quite alright for himself. Something else tells me that money is not the center focus of his life and there are far more important things to live for. TOTALLY guessing here....

Indeed. While "rich" and "poor" are subjective terms, I consider myself neither rich nor poor. I don't make six figures, nor is that a desire of mine, but I do have enough to get by, and I am thankful for what the LORD has blessed me with. You would be correct with your guess that money is not at all a central focus of my life.

Being 'rich', money wise, brings a lot of stress, worries, and responsibilities. I suppose, if you are rich enough, you can pay someone to deal with negative stuff. You still worry about holding on to your money, or source of wealth. Being poor, is worrisome as well, since you need the basics, just to survive. I'm in the middle some place. I earn a little more than I use every month, and can buy a lot of what I want. I keep my wants in check, and stick to stuff I'll actually use, and get good value, for what I pay.

HarveyH55 wrote:

gfm7175 wrote:

GasGuzzler wrote:

keepit wrote:
I call it taxation.

Taxation IS theft by definition.
The taking of one's belongings by force or threat.

keepit wrote: The rich have stolen the time of the poor worker to make a profit for themselves.

WRONG!! The business owner offered money in return for work or service and the worker AGREED to it. BOTH parties profit from it. If you don't like being on the "worker" end of this arrangement, try being the business owner. You'll find it ain't easy and you'll do more work than you ever imagined. You'd better love what you're doing because you'll be married to it for years.

Well stated!

GasGuzzler wrote:

keepit wrote: You aren't rich gfm, why don't you want a modicum of wealth redistribution?

Something tells me old gfm does quite alright for himself. Something else tells me that money is not the center focus of his life and there are far more important things to live for. TOTALLY guessing here....

Indeed. While "rich" and "poor" are subjective terms, I consider myself neither rich nor poor. I don't make six figures, nor is that a desire of mine, but I do have enough to get by, and I am thankful for what the LORD has blessed me with. You would be correct with your guess that money is not at all a central focus of my life.

Being 'rich', money wise, brings a lot of stress, worries, and responsibilities. I suppose, if you are rich enough, you can pay someone to deal with negative stuff. You still worry about holding on to your money, or source of wealth. Being poor, is worrisome as well, since you need the basics, just to survive. I'm in the middle some place. I earn a little more than I use every month, and can buy a lot of what I want. I keep my wants in check, and stick to stuff I'll actually use, and get good value, for what I pay.