Author Topic: DUmmies Discuss Economics - Want Government Checks (ThomWV)  (Read 2436 times)

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Offline GOBUCKS

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DUmmies Discuss Economics - Want Government Checks (ThomWV)
« on: August 21, 2011, 12:52:59 PM »
DUmmy ThomWV, thoughtfully fingering that infamous necklace made from his own self-extracted teeth, explains bizarro economics to his dull-witted DUmpmates:
Quote
ThomWV  (1000+ posts)         Sun Aug-21-11 12:26 PM
Original message
Business doesn't create jobs.
I want to dispel a Republican Myth Here is my argument.

There is a Republican mantra that divines that business creates jobs and then goes on to suggest that low taxes are the only thing that will cause them to do so. They then misrepresent the chain of events that leads up to this miracle of economics. Their argument goes something like this. Lower taxes and the newfound funds will be used by business to hire in order to produce goods and services. When these goods and services come to market their mere presence will spur demand, now capable of being fulfilled by the newly hired workers. Were it to work that would indeed be a miracle of economics.

No, that is not how it works. Here is how the chain of events actually plays out:

When people have the money to buy their demand for products and services goes up. Companies wishing to take advantage of that demand must up production or increase their potential to render services and to do so they are forced to take on additional labor. It is money in the hands of people, not money in the hands of business, that creates jobs.

So the first order of business is to find a way to get disposable funds to the largest number of of people possible if one wants to increase employment.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1783715
DUmmy ThomWV's argument boils down to: "Send me a government check."


Quote
rucky  (1000+ posts)        Sun Aug-21-11 12:55 PM
Response to Reply #1
9. They know very well that what the OP says is true.
it's the first thing they learn in Econ 101 - supply & demand.

Then they get their MBA and learn to work the system to defy the laws of supply and demand and focus on the more predatory tactics to get the most for the least - to create wealth without demand (or force demand through "public-private partnerships"), no matter how much money it costs them to set it up (paying lobbyists to pay off Congress critters), just to prove they can do it. And apparently it pays off, because in then end, they have full control over demand.



DUmmy Cosmocat, whoever that is, explains accounting:
Quote
Cosmocat (1000+ posts)       Sun Aug-21-11 12:38 PM
Response to Original message
4. profit ...
is the prime directive for any business venture. As noted, if there is a demand and the capital to do so, a business will create jobs to fill the demand if that is NECESSARY.

But, times have changed dramatically, and frankly, the productivity of the average worker has increased several times over.

It might have taken 4 or 5 people to do the books for a 10 million dollar business 15 years ago, but with the accounting software and computers we have now, it takes a book keeper and a financial officer.

Frankly, overall, today, businesses exist pretty much to KILL jobs more than make jobs. The bottom line is the bottom line, why have 5 people in the accounting department when you can have a book keeper and CFO?
 
Well, one reason some companies have five people when they need one is their labor union. For example, over a half-century after railroads converted 100% from coal to diesel locomotives, there's still a fireman in the locomotive cab. His job was to shovel coal into the firebox, to generate steam. Now there's no coal, no firebox, and no steam, but there's still a fireman. Look for the union label.


Quote
ThomWV  (1000+ posts)         Sun Aug-21-11 12:45 PM
Response to Reply #4
6. You see, you said it too.
Look at your very first sentence. You say "a business will create jobs" That is not what happen. It was the consumer's demand that created the jobs, not the business who stepped in to profit from that demand. This is not a chicken and egg thing either. The Demand has to come first - no business can survive, let alone profit, if there is no demand for the goods and services it is capable of producing.

In other words, "Send me a government check."
 

Quote
Hydra  (1000+ posts)        Sun Aug-21-11 12:38 PM
Response to Original message
5. Supply side vs demand
Demand is the usual generator. Like right now, there's a HUGE actual demand, but the required token(money) has been choked off.

We've been running off a false model for a long time- create something, and then create a demand for it(usually by lying).

The problem is that once someone gets comfortable with a bad habit, they think it's the only way to do something.

As for the tax cuts, that's just naked greed with a fig leaf of "It will benefit other people too!" Every tax cut given does not reduce a price, it increases a profit.

Another economics whiz, who also wants a government check.
 

You knew that any DUmp discussion of economics would get around to "crumbling infrastructure":
Quote
eleny  (1000+ posts)        Sun Aug-21-11 12:49 PM
Response to Original message
8. That's why government is the one that has to step in and create the jobs
Repairing infrastructure is an area of government job creation. We all know there's a need for it. So these jobs would help both problems, the need for jobs and the need for repairs.

Republicans know this as does the corporate sector. But they both appear to want the Dems to fail so they can gain control of the nation.

So logical arguments fall on deaf ears. The corporations and the Republican Party are using racial tactics to wage their battle. Fear trumps logic in their book. So we need to stay sharp and fight the real tactics being used against us.

Elijah Cummings was on State of the Union today. He pointed out that in the black community in Baltimore the unemployment rate is 40%. The corporations and the Republicans don't give a crap. And they'd like it just fine if the president would join the ranks of those unemployed.

I think most decent and civilized people will agree with that last sentence.



 
« Last Edit: August 21, 2011, 05:12:35 PM by franksolich »

Offline Ballygrl

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #1 on: August 21, 2011, 02:08:44 PM »
Quote
When people have the money to buy their demand for products and services goes up. Companies wishing to take advantage of that demand must up production or increase their potential to render services and to do so they are forced to take on additional labor. It is money in the hands of people, not money in the hands of business, that creates jobs.

Good analogy  ::), when we bought our 1st computer in 1997 it was almost $3,000, you can get a computer now for about $300, a Laptop used to go for over $1,000 and now you can get 1 for under $300, a Big Screen TV used to go for $5,000, now you can get 1 for under $1,000, shall I go on?
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"The nation that couldn’t be conquered by foreign enemies has been conquered by its elected officials" odawg Free Republic in reference to the GOP Elites who are no difference than the Democrats

Offline jtyangel

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #2 on: August 21, 2011, 03:14:45 PM »
Quote
Cosmocat (1000+ posts)       Sun Aug-21-11 12:38 PM
Response to Original message
4. profit ...
is the prime directive for any business venture. As noted, if there is a demand and the capital to do so, a business will create jobs to fill the demand if that is NECESSARY.

But, times have changed dramatically, and frankly, the productivity of the average worker has increased several times over.

It might have taken 4 or 5 people to do the books for a 10 million dollar business 15 years ago, but with the accounting software and computers we have now, it takes a book keeper and a financial officer.

Frankly, overall, today, businesses exist pretty much to KILL jobs more than make jobs. The bottom line is the bottom line, why have 5 people in the accounting department when you can have a book keeper and CFO?




And that is utter crap. SOX, segregation of duties wouldn't allow for such a thing. Not to mention with the advent of SOX it's created the need for more auditors. You have not lessened employees there and disposable income dummies(btw, I didn't know a business had disposable income--we generally call that Net Income which then moves to Retained Earnings). The profit you like to float around is gross and before expenses are taken out dumbos and that includes paying back ones obligations and then what you are calling 'disposable income' is often used to distribute those earnings to the, oh I don't know, actual owners ie stockholders in the company.  :banghead: :banghead: :banghead: In reputable companies, they are under an obligation to be a going concern, investors count on that. What that means to DUmmies is that they are going to continue to be in business indefinitely. Businesses will generally use their 'disposable income'  :whatever: in order to try and make this a certainty. Being financially healthy as far as your obligation to investors(owners) and those you owe money to is actually an ethical thing to aspire to dipshits. :thatsright:

Offline jtyangel

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #3 on: August 21, 2011, 03:22:55 PM »
Quote
ThomWV  (1000+ posts)         Sun Aug-21-11 12:45 PM
Response to Reply #4
6. You see, you said it too.
Look at your very first sentence. You say "a business will create jobs" That is not what happen. It was the consumer's demand that created the jobs, not the business who stepped in to profit from that demand. This is not a chicken and egg thing either. The Demand has to come first - no business can survive, let alone profit, if there is no demand for the goods and services it is capable of producing.

More rubbish...several businesses may see an opportunity, especially in niche markets, for something that isn't already being offered, but many times someone will produce widget A and the populace just loves widget A. The inventor, creator, BUSINESS has created something that creates demand. How do you know you even want something if its never been offered?

And even when there is demand with no business yet, someone has to step in(a person or group of people who create a *gasp* business) to meet that demand. Someone has to take the risk and put the investment into it in order to give the people what they want. It's not enough to just demand something, someone has to be willing to produce it and a whole bunch of other someones have to be willing to pay what it costs. SAying demand is enough is stupidity--and it is now opportunistic to step in and provide what people want so long as they cover they cost and your time and your hopes to make even more things people want in the future? So genious, how do we meet all these 'demands' without someone willing to step in and be compensated for their risk and time in order to meet them?

Demand is simply not enough. Those demanding something will not buy it if the price is too high and businesses/individuals will not sell if the price is too low. Simply saying demand creates jobs is idiocy, but I'd expect nothing less from the economic giants at DU. :censored:

Offline Mr Mannn

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #4 on: August 21, 2011, 04:42:13 PM »
The Obama stimulus was nearly a trillion dollars.
He could have spent a fraction of that and mailed every American man, woman and child a tax free million dollars.
300 million people. No more poor. No more underprivileged.

BUT without the poor, the democrats have NO voter base. The rats need poor masses straining for a few crumbs tossed from the Rat plate in order to enslave their votes forever.
with a nation of millionaires...who needs the Democrats?

Offline Freeper

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #5 on: August 21, 2011, 04:52:13 PM »
The Obama stimulus was nearly a trillion dollars.
He could have spent a fraction of that and mailed every American man, woman and child a tax free million dollars.
300 million people. No more poor. No more underprivileged.

BUT without the poor, the democrats have NO voter base. The rats need poor masses straining for a few crumbs tossed from the Rat plate in order to enslave their votes forever.
with a nation of millionaires...who needs the Democrats?

I'm sure all the DUmmies wouldn't mind if we sent them a check for a million then taxed it at 90%.

I may not lock my doors while sitting at a red light and a black man is near, but I sure as hell grab on tight to my wallet when any democrats are close by.

Offline BlueStateSaint

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #6 on: August 21, 2011, 04:55:23 PM »
I'm sure all the DUmmies wouldn't mind if we sent them a check for a million then taxed it at 90%.



Make it 99% for the DUmb****s and you've got my support.
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Offline franksolich

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #7 on: August 21, 2011, 05:12:11 PM »
DUmmy ThomWV, thoughtfully fingering that infamous necklace made from his own self-extracted teeth, explains bizarro economics to his dull-witted DUmpmates:

You know what's really scary?

The mountain man primitive, who like all men nightly pitches his tent one day's march nearer the mausoleum, actually has a degree in economics; a B.A. or a B.S, I dunno which.

That of course doesn't mean the mountain man primitive actually knows anything about economics; it simply means he has a degree in it.

apres moi, le deluge

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Re: DUmmies Discuss Economics - Want Government Checks
« Reply #8 on: August 21, 2011, 05:21:59 PM »
You know what's really scary?

The mountain man primitive, who like all men nightly pitches his tent one day's march nearer the mausoleum, actually has a degree in economics; a B.A. or a B.S, I dunno which.

That of course doesn't mean the mountain man primitive actually knows anything about economics; it simply means he has a degree in it.



It has to be a BS degree. :pokingpoop:
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Offline delilahmused

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #9 on: August 21, 2011, 09:02:54 PM »
Okay, let me see if I understand this DUmmie economic model. Now according to them, the public must want something then the company makes it. So, I as Mrs. Consumer am just hanging out cleaning the goat pen and I'm thinking to myself, "Gee, I sure wish I had a phone that was kinda like a computer. I just know someday I'm gonna want to play Words with Friends with Travishamockery." Of course, not being a computer or phone person and never having heard of Words with Friends (and the iPhone not having been invented yet) I have no idea how or why this idea would come into my head but let's forget that...can't be bogged down with mere details.

Meanwhile, people all across the land are having the same thought. Sales clerks, executives, 13 year old cheerleaders, hookers with a penchant for crack, homeless people living in Buicks, housewives, local butchers, rodeo clowns, Art History teachers, contractors waiting for their next shovel-ready job, doctors, optometrists, civil rights lawyers, poverty pimps, rich liberals drinking cocktails around their pool, etc., etc...we're all thinking the same thing. The power of our thoughts are so strong it floats directly into Steve Jobs' brain and he says to himself, "Wow, all these people want a phone that's kind of a computer. Maybe I should even talk to someone who will develop a game where birds heave themselves at pigs...that'll beat out the competition who probably got the same meta-message I did."

So in he walks to Apple the next day. He has a meeting with all department heads and tells them the force of all those people's thoughts poured into his brain (yes he had been smoking pot but this wasn't your usual paranoid delusion) and they just had to meet the people's demand! Having never heard of such a device some of the department heads thought he might be spending too much time at Tommy Chong's house again, but he was the boss. Next thing you know, 2 weeks later there's a prototype. Because if you don't meet demand right away people lose interest and decide to stick with a regular phone and their clunky PC because no one wants to wait for a product that everyone's thinking about but no one's ever heard of. Then before people lose interest, voila, it's ready for market.

Oh, but wait...how can people demand something they all want but have never heard of if nobody has the money to buy one. Dang and here we were ready to go to market...we had the demand, then the supply (and even fast enough so a DUmmie with a 2 second attention span would still want one) but none of that will work if we don't have the 3rd prong...money in the hands of the people. So Jobs does the only thing a smart businessman can do, he arranges a meeting with the president. For the purposes of our example we'll assume the president is a democrat since they're the only ones capable of understanding the genius of demand-side economics.

Well, a couple hours later they come up with a plan: Everyone knows people need to have the money to buy things and only government can give them the kind of disposable income that will allow them to buy an iPhone. So everyone on unemployment & public assistance will get a raise equal to the cost of an iPhone & any accessories they may want to buy (after all isn't that how more small businesses are created, by giving money to the masses)? The homeless will also be given enough money for gas to get to the closest location selling the iPhone. They will also continue to receive a monthly raise large enough to allow them to make their monthly payments to the phone company. And we'll give all the working poor payroll tax cuts equal to what we give to our deserving unemployed and homeless (how can we possibly expect our unemployed and homeless to find jobs/housing if we don't give them the latest and greatest in communication). For union members we'll just give them the damn phone (we'll buy them in bulk and have taxpayers pay for them) and pay their monthly bills. Of course, to be fair we'll make them buy their own accessories.

Getting all the funds to do this will be easy...we'll just tax the rich. If they want people to buy their iPhone accessories they'll gladly pay extra taxes and still build their companies. Demand & Supply...it's the way to go!

Cindie
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Offline Delmar

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #10 on: August 21, 2011, 10:17:37 PM »
Okay, let me see if I understand this DUmmie economic model. Now according to them, the public must want something then the company makes it. So, I as Mrs. Consumer am just hanging out cleaning the goat pen and I'm thinking to myself, "Gee, I sure wish I had a phone that was kinda like a computer. I just know someday I'm gonna want to play Words with Friends with Travishamockery." Of course, not being a computer or phone person and never having heard of Words with Friends (and the iPhone not having been invented yet) I have no idea how or why this idea would come into my head but let's forget that...can't be bogged down with mere details.

Meanwhile, people all across the land are having the same thought. Sales clerks, executives, 13 year old cheerleaders, hookers with a penchant for crack, homeless people living in Buicks, housewives, local butchers, rodeo clowns, Art History teachers, contractors waiting for their next shovel-ready job, doctors, optometrists, civil rights lawyers, poverty pimps, rich liberals drinking cocktails around their pool, etc., etc...we're all thinking the same thing. The power of our thoughts are so strong it floats directly into Steve Jobs' brain and he says to himself, "Wow, all these people want a phone that's kind of a computer. Maybe I should even talk to someone who will develop a game where birds heave themselves at pigs...that'll beat out the competition who probably got the same meta-message I did."

So in he walks to Apple the next day. He has a meeting with all department heads and tells them the force of all those people's thoughts poured into his brain (yes he had been smoking pot but this wasn't your usual paranoid delusion) and they just had to meet the people's demand! Having never heard of such a device some of the department heads thought he might be spending too much time at Tommy Chong's house again, but he was the boss. Next thing you know, 2 weeks later there's a prototype. Because if you don't meet demand right away people lose interest and decide to stick with a regular phone and their clunky PC because no one wants to wait for a product that everyone's thinking about but no one's ever heard of. Then before people lose interest, voila, it's ready for market.

Oh, but wait...how can people demand something they all want but have never heard of if nobody has the money to buy one. Dang and here we were ready to go to market...we had the demand, then the supply (and even fast enough so a DUmmie with a 2 second attention span would still want one) but none of that will work if we don't have the 3rd prong...money in the hands of the people. So Jobs does the only thing a smart businessman can do, he arranges a meeting with the president. For the purposes of our example we'll assume the president is a democrat since they're the only ones capable of understanding the genius of demand-side economics.

Well, a couple hours later they come up with a plan: Everyone knows people need to have the money to buy things and only government can give them the kind of disposable income that will allow them to buy an iPhone. So everyone on unemployment & public assistance will get a raise equal to the cost of an iPhone & any accessories they may want to buy (after all isn't that how more small businesses are created, by giving money to the masses)? The homeless will also be given enough money for gas to get to the closest location selling the iPhone. They will also continue to receive a monthly raise large enough to allow them to make their monthly payments to the phone company. And we'll give all the working poor payroll tax cuts equal to what we give to our deserving unemployed and homeless (how can we possibly expect our unemployed and homeless to find jobs/housing if we don't give them the latest and greatest in communication). For union members we'll just give them the damn phone (we'll buy them in bulk and have taxpayers pay for them) and pay their monthly bills. Of course, to be fair we'll make them buy their own accessories.

Getting all the funds to do this will be easy...we'll just tax the rich. If they want people to buy their iPhone accessories they'll gladly pay extra taxes and still build their companies. Demand & Supply...it's the way to go!

Cindie

Good synopsis.  The only thing I would change is the first sentence--should read:  Let me make you people understand something...
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Offline Karin

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #11 on: August 22, 2011, 08:03:10 AM »
Great post, Cindie!

Another thing that drives me crazy is when the democrats get on TV and say those unemployment checks are a fabulous stimulus to the economy.  Why?  "Because this money gets injected directly into the economy."  OK, but it's only going to a couple places:  Landlord/mortgage company, gas station, corner grocery, and corner liquor store.  Every other business?  Not so much. 

Offline wasp69

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #12 on: August 22, 2011, 09:31:46 AM »
Quote
ThomWV  (1000+ posts)         Sun Aug-21-11 12:26 PM
Original message
Business doesn't create jobs.
I want to dispel a Republican Myth Here is my argument.

Oh, goody, another steaming load of wisdom from a load that should have been swallowed.  You know, DUmbass, it's turds like you that give the rest of us Hillbillies a bad name.

Quote
Their argument goes something like this. Lower taxes and the newfound funds will be used by business to hire in order to produce goods and services. When these goods and services come to market their mere presence will spur demand, now capable of being fulfilled by the newly hired workers. Were it to work that would indeed be a miracle of economics.

Well, DUmbass, it does kind of work that way.  You see, in normal economic situations where the government is not so openly hostile to business, the closing of a recession shows businesses hiring more people to be ready to grab a greater market share once things get back to normal.  Right now, businesses are finding ways to do more with less (ie labor) because they don't want to take the chance on new hires which are much more expensive than holding on to current employees and making their skill set broader. 

We are seeing business evolve thanks to bambi and the democratics but it's in a direction that will not favor the lazy cretins that infest your corner of the internet.  Now, stick with me on this one, DUmbass, because I don't want to lose your attention to whatever shiny pretty-pretty that floats by:  The employees that will be hired and retained in the future are going to need a broad, flat skill set which will make them more flexible within their respective company.  That's right, retard, no more filing and ****ing off on facebook waiting for something else to do.  A future employee will need to have highly specialized certifications (that's certifications with an "s" for plural) which would probably include a pretty piece of paper saying they have been trained to train other people as well as general knowledge of computer applications and good writing abilities.  Anyone with anything less than a broad knowledge base should be prepared to bounce around alot.

Don't believe me?  Feel free to sign up and PM me, I'll be glad to share my personal experience and practical application with you and any other DUmp mouth-breather that would like an education in reality.

Now, as far as those magical / miracle things whose "mere presence will spur demand" that you so callously dismiss as myth, let me show you some pictures so you'll understand:









None of these things were really necessary in the day to day execution of life but they were offered and the demand followed.  Get it now, stupid?

Quote
When people have the money to buy their demand for products and services goes up.

Congratulations, DUmmie, you hit the nail on the head without even knowing you did it!

 :whatever:

Now, DUmmie, how do we get there?  People have to have money to demand products and services, that doesn't happen when their wealth is being "spread around".  We are seeing what happens when your fellow bolsheviks decide to confiscate wealth from those who have it and give it to those who won't work for it - nobody has anything.

On the flip side, if people have money but the businesses are being strangled through taxation and over regulation, the people still won't buy because the cost of doing business is passed on to the consumer and the products will be stupid expensive. 

The only way to alleviate this problem is to make sure people have the money to buy products and the businesses have the ability to be competitive and offer their goods and services at a reasonable price.  The only way to achieve that is by making sure both parties in that transaction have as little interference from the greedy liberals in office as possible.

The way we get there, DUmmie, is to get you the hell out of the way.  It's just that simple.

Quote
So the first order of business is to find a way to get disposable funds to the largest number of of people possible if one wants to increase employment.

And that is achieved by allowing liberals to stimulate the economy from the unemployment line.  Don't worry, shithead, we're working on that one.
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Offline Erasmus

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #13 on: August 22, 2011, 09:44:12 AM »
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I want to dispel a Republican Myth Here is my argument.

Dispelling Republican Myths with the IQ of a side of french fries will be quite a feat....

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There is a Republican mantra that divines that business creates jobs and then goes on to suggest that low taxes are the only thing that will cause them to do so.

FALSE.  The mantra also includes regulations, which need to be reduced as well.  If you're going to dispel Republican Myth(s), at least get them right.

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They then misrepresent the chain of events that leads up to this miracle of economics. Their argument goes something like this. Lower taxes and the newfound funds will be used by business to hire in order to produce goods and services.  When these goods and services come to market their mere presence will spur demand, now capable of being fulfilled by the newly hired workers. Were it to work that would indeed be a miracle of economics.

Actually, FALSE again.  The savings from the taxes allows people and businesses to satisfy pent-up demand.  There's no magically appearing demand.

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No, that is not how it works. Here is how the chain of events actually plays out:
No, it's not how it works, and that's not even how Republicans claim that it works, Don Quixote.  Keep swinging at windmills.

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When people have the money to buy their demand for products and services goes up.
Yes, and lowering taxes gets money to people and businesses.  Paying welfare checks is only possible by taking money from someone else (net effect of 0 on the economy) or going into debt, both of which are horrible ideas.

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Companies wishing to take advantage of that demand must up production or increase their potential to render services and to do so they are forced to take on additional labor. It is money in the hands of people, not money in the hands of business, that creates jobs.
Right, and the only way the governent can get the money into their hands is to take it from someone else, and so the net effect, best case, is 0 additional spending.

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So the first order of business is to find a way to get disposable funds to the largest number of of people possible if one wants to increase employment.
People and businesses...  and the easiest way is to lower taxes and cut regulation.  Everything else is smoke and mirror bullchit.

Offline DumbAss Tanker

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #14 on: August 22, 2011, 11:32:52 AM »
So, when the village well is running dry, the best way to get water in it is to gather the hundreds villagers from all around, give them each a bucket of water and tell them to have a water fight with it, and all the spilled water will leak into the ground and fill the well....ermm, side from the minor and transitory problem of where to find a few hundred buckets of water in the first place...
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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #15 on: August 23, 2011, 06:31:17 PM »
ThomWV is incredibly stupid. I think he or one of his acolytes called the guest host on Rush today in an attempt to pass this rubbish off. At any rate, I heard someone call some radio show and make this comment that is so stupid it caused a patch of amnesia in my mind as a defense mechanism.
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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #16 on: August 24, 2011, 08:50:11 AM »
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There is a Republican mantra that divines that business creates jobs and then goes on to suggest that low taxes are the only thing that will cause them to do so.

I just love this stuff from the DUmmies because if you let them talk/type for about a minute they will contradict themselves every single freaking time...  

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It is money in the hands of people, not money in the hands of business, that creates jobs.

It's money in the hands of both DUmbass but lets just critique your last statement I quoted... How the heck do we get money in the people's hands?  CUT MOTHER FREAKING TAXES!!!!!!! :argh:

« Last Edit: August 24, 2011, 09:02:53 AM by Chris »
"The society that puts equality before freedom will end up with neither; the society that puts freedom before equality will end up with a great measure of both."

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Offline Ralph Wiggum

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #17 on: August 24, 2011, 09:02:53 AM »
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Cosmocat (1000+ posts)       Sun Aug-21-11 12:38 PM
Response to Original message
4. profit ...
is the prime directive for any business venture. As noted, if there is a demand and the capital to do so, a business will create jobs to fill the demand if that is NECESSARY.

But, times have changed dramatically, and frankly, the productivity of the average worker has increased several times over.

It might have taken 4 or 5 people to do the books for a 10 million dollar business 15 years ago, but with the accounting software and computers we have now, it takes a book keeper and a financial officer.

Frankly, overall, today, businesses exist pretty much to KILL jobs more than make jobs. The bottom line is the bottom line, why have 5 people in the accounting department when you can have a book keeper and CFO?


Stupid, stupid, stupid DUmmies.  I know it is redundant, but it needed to be pointed out in this particular case.

I work for a non-profit company that generates approximately $30M in revenue.  We have an accounting staff of 15-20.  Computers and accounting software cures all ills and eliminates workers?  I think not.  You still need people to process billing, accounts payable, accounts receivable, etc.  And then there are the higher level folks like myself that do the analysis and generate reports to management and the board of directors.

DUmmies have absolutely no idea how to run a freaking business, despite their daily attempts to explain otherwise.
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Offline Aristotelian

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #18 on: August 24, 2011, 09:22:35 AM »
It's money in the hands of both DUmbass but lets just critique your last statement I quoted... How the heck do we get money in the people's hands?  CUT MOTHER FREAKING TAXES!!!!!!! :argh:

But surely it's even better to put the money in people's hands having passed through an exceptionally inefficient bureaucracy? /DUmmy-mode

Offline jtyangel

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #19 on: August 24, 2011, 03:51:57 PM »


Stupid, stupid, stupid DUmmies.  I know it is redundant, but it needed to be pointed out in this particular case.

I work for a non-profit company that generates approximately $30M in revenue.  We have an accounting staff of 15-20.  Computers and accounting software cures all ills and eliminates workers?  I think not.  You still need people to process billing, accounts payable, accounts receivable, etc.  And then there are the higher level folks like myself that do the analysis and generate reports to management and the board of directors.

DUmmies have absolutely no idea how to run a freaking business, despite their daily attempts to explain otherwise.

I'm sure your systems never need workarounds too right, Wiggs? I mean, ours never do :whistling: :banghead: :banghead: :censored: :thatsright: :-)

Offline Ralph Wiggum

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Re: DUmmies Discuss Economics - Want Government Checks (ThomWV)
« Reply #20 on: August 24, 2011, 04:08:09 PM »
I'm sure your systems never need workarounds too right, Wiggs? I mean, ours never do :whistling: :banghead: :banghead: :censored: :thatsright: :-)

We also aren't highly regulated by the government and have to undergo yearly audits....I suppose those magic computers and software just cuts right throught that red-tape too.... :whistling:
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