Everyone objects to the Fed "printing" more money- without printing more money capital becomes a finite resource. Like pork chops at the dinner table. Let's say you put out 12 pork chops for 10 people. Uncle Fred (representing the top 1%) snags 3 of them. That's the current state of our economy. You think it's fair for Uncle Fred to hog 25% of our resources and seek to protect his ability to do so. I see that if he always takes the lions share he will become stronger while everyone else becomes weaker enabling him to take more and more.
ckm8 wrote: Everyone objects to the Fed "printing" more money- without printing more money capital becomes a finite resource. Like pork chops at the dinner table. Let's say you put out 12 pork chops for 10 people. Uncle Fred (representing the top 1%) snags 3 of them. That's the current state of our economy. You think it's fair for Uncle Fred to hog 25% of our resources and seek to protect his ability to do so. I see that if he always takes the lions share he will become stronger while everyone else becomes weaker enabling him to take more and more.
Quite a good analogy....what is interesting, to carry it further, the conservatives are the ones fawning all over Uncle Fred, hoping he will share his good fortune with them. They think if they give him enough extra he will share it with them, but he never does. Still they give him more and more....and still it never gets shared, only envied.
ckm8 wrote: Everyone objects to the Fed "printing" more money- without printing more money capital becomes a finite resource. Like pork chops at the dinner table. Let's say you put out 12 pork chops for 10 people. Uncle Fred (representing the top 1%) snags 3 of them. That's the current state of our economy. You think it's fair for Uncle Fred to hog 25% of our resources and seek to protect his ability to do so. I see that if he always takes the lions share he will become stronger while everyone else becomes weaker enabling him to take more and more.
Quite a good analogy....what is interesting, to carry it further, the conservatives are the ones fawning all over Uncle Fred, hoping he will share his good fortune with them. They think if they give him enough extra he will share it with them, but he never does. Still they give him more and more....and still it never gets shared, only envied.
And they HOPE a few crumbs will fall off the table and trickle-down to them... Unfortunately, .......... "How's that trickly-downy thing workin' for ya?"
ckm8 wrote: Everyone objects to the Fed "printing" more money- without printing more money capital becomes a finite resource. Like pork chops at the dinner table. Let's say you put out 12 pork chops for 10 people. Uncle Fred (representing the top 1%) snags 3 of them. That's the current state of our economy. You think it's fair for Uncle Fred to hog 25% of our resources and seek to protect his ability to do so. I see that if he always takes the lions share he will become stronger while everyone else becomes weaker enabling him to take more and more.
:rofl I think you demonstrated many posters' points. Liberals do view wealth as fixed (and therefore needs (re)distribution) whereas others view it as something to be created, given a fair opportunity.
I think you demonstrated many posters' points. Liberals do view wealth as fixed (and therefore needs (re)distribution) whereas others view it as something to be created, given a fair opportunity.
Exactly - wealth is not fixed. There's enough for everybody if they can work, save and invest. All boats can be lifted.
And good points Printsmith about how imports and exports work. More jobs in our economy under a free market. Under Reagan - the democrats put a tariff on Jap cars. the next week, Ford and GM jacked up the price on their cars - by the same amount.
ckm8 wrote: Everyone objects to the Fed "printing" more money- without printing more money capital becomes a finite resource. Like pork chops at the dinner table. Let's say you put out 12 pork chops for 10 people. Uncle Fred (representing the top 1%) snags 3 of them. That's the current state of our economy. You think it's fair for Uncle Fred to hog 25% of our resources and seek to protect his ability to do so. I see that if he always takes the lions share he will become stronger while everyone else becomes weaker enabling him to take more and more.
The only time when it is objectionable is when the economy has gotten smaller instead of larger. When the actual output is diminished and the money supply is expanded, you have more money chasing fewer goods and services. You remember what happens under that scenario from your Economics 101 class, right ckm8? It's called inflation.
You also remember the economic prosperity of the nation when the amount of dollars it took to purchase an ounce of gold was constant for 50 years, right? Back in the days when a blue collar job was enough to buy a home, a car, one breadwinner in the family and still have enough money left over to take the kids to Disneyland (Disney World had yet to be built) a time or two before they grew up?
I like the Uncle Fred story too, but you left out one important detail. The pork chops came from Uncle Fred's hog that he bought and fed until it grew large enough to slaughter. It's his investment that provided the hog in the first place and if he wants 3 of the chops that are the result of his initial investment, it is pretty ungracious of you to cop an attitude about it since you wouldn't be having pork chops at all without him given you lacked the capital to purchase and raise your own hog.
ckm8 wrote: Everyone objects to the Fed "printing" more money- without printing more money capital becomes a finite resource. Like pork chops at the dinner table. Let's say you put out 12 pork chops for 10 people. Uncle Fred (representing the top 1%) snags 3 of them. That's the current state of our economy. You think it's fair for Uncle Fred to hog 25% of our resources and seek to protect his ability to do so. I see that if he always takes the lions share he will become stronger while everyone else becomes weaker enabling him to take more and more.
It wasn't Uncle Fred's hog- this shows the feudalistic outlook of the right. Everyone at that table worked for that hog. To pretend that the vastness of middle America are all a bunch of freeloaders and that only the hedgefund managers at Goldman Sachs are working hard is a breathtaking piece of wealth worship. The top 1% doesn't create jobs. Most jobs in America are created by small businesses, and those small businesses almost without exception fall in the below $250,000 of take home pay group. You guys really need to stop bending over for the top 2%- they don't do anything but hog the majority of the resources. They don't create- if anything they destroy by offshoring.
ckm8 wrote: It wasn't Uncle Fred's hog- this shows the feudalistic outlook of the right. Everyone at that table worked for that hog. To pretend that the vastness of middle America are all a bunch of freeloaders and that only the hedgefund managers at Goldman Sachs are working hard is a breathtaking piece of wealth worship. The top 1% doesn't create jobs. Most jobs in America are created by small businesses, and those small businesses almost without exception fall in the below $250,000 of take home pay group. You guys really need to stop bending over for the top 2%- they don't do anything but hog the majority of the resources. They don't create- if anything they destroy by offshoring.
Typical conservatives....when the story (facts) don't jive with what they believe, they change the story (facts) to suit their own ideology
