What are your thoughts on a basic income?

[see4]

Yup, conservatives think; liberals feel.

So when you call all professors, liberal, are you saying they teach by feeling? Which is it bro?

That's the thing with many of you Republicans [careful not to say conservative], you choose what argument to use depending on the situation. As if you argue simply for the sake of it, knowing that a short time before you were arguing just the opposite.

Can I ask you try to remain consistent?

 

[Dr Kynes]

Try being a merchant where people ain't buying shit.

try selling from an empty cart.

 

[nevyn]

So when you call all professors, liberal, are you saying they teach by feeling? Which is it bro?

That's the thing with many of you Republicans [careful not to say conservative], you choose what argument to use depending on the situation. As if you argue simply for the sake of it, knowing that a short time before you were arguing just the opposite.

Can I ask you try to remain consistent?

Is there a difference btween republicans and conservatives, I can't see it, I am asking because I am trying to figure this out. I know you guys have two political parties, we have hundreds of them, Rebuplicans and Democrats is that correct?

 

[Dr Kynes]

the huffpo article doesn't say one thing about australia in any way, dumbass.

and the atlantic article points out ONE exception (a far cry from being FULL of exceptions), which is that kids need not be paid the adult min wage. it makes no attempt to even put an average wage out there.

how many more countries do i need to trot out before you admit that facts matter? how about new zealand, where wages are 128% of ours and the big mac is 97% of what ours cost?

no, you wouldn't care.

you rely 100% on theory. shitty, unproven theory.

you have no real world examples or empirical evidence to even support your retarded theory.

theory and talking points and anecdotal evidence is all you have.

sucks to be you.

under 20, lower than the "minimum" allowed

your business has an "award" (exemption) lower than minimum allowed

apprentices, lower than minimum allowed

theres DOZENS of way to get an "award" (exemption), and if you are under a "collective bargaining agreement" you can also get less then the "minimum" which it seems is not so much a "minimum" as a "target"

wow, sucks to be YOU

 

[see4]

Is there a difference btween republicans and conservatives, I can't see it, I am asking because I am trying to figure this out. I know you guys have two political parties, we have hundreds of them, Rebuplicans and Democrats is that correct?

A conservative accepts a set of fiscal and social values that are traditional, seeking to keeps things as they are, as long as they are not broken. Republicans, well... Sarah Palin, Rush Limbaugh, Bill O'Reilly, Miss KKKynes, beennowhere, Faux Noise, Sean Hannity, and that cry baby guy who lost his show, his name keeps slipping my mind. I think you get my point.

 

[beenthere]

A conservative accepts a set of fiscal and social values that are traditional, seeking to keeps things as they are, as long as they are not broken. Republicans, well... Sarah Palin, Rush Limbaugh, Bill O'Reilly, Miss KKKynes, beennowhere, Faux Noise, Sean Hannity, and that cry baby guy who lost his show, his name keeps slipping my mind. I think you get my point.

Coming from a guy who is registered to the American Communist Party.

 

[Dr Kynes]

Do you think if Walmart or McDonalds lowered their profit expectation they would close down?



That's not what I said.

I said that instead of the increase in cost to pay for the employee's higher wage going to the consumer (raising prices), it comes out of the companies multibillion dollar net profits. The business can raise prices however it likes

if they lower their profit margins, then their PE Ratio goes in the shitter, stock prices fall, and the CEO and the board go out on their asses.

you have already asserted that you want legislation to prevent "passing the higher wages on to consumers" and now they CAN raise prices however they like?

these two statements are contradictory.

if they CAN raise prices, then they CAN pass on the new higher wages to "consumers" (again with the pejorative) but your proposed legislation prevents them from passing on those higher wage costs to "consumers" so therefore they CANNOT raise prices.

if beef prices double, can they pass those costs on? no, of course not. they should lower their profit margin.

if their taxes double, can they pass those costs on? nope. lower profits.

if insurance rates double? lower profits

mandated health insurance? lower profits.

when there is no more profit to lower, no more McBurgers. now all those burger flippers are unemployed and on the dole.

thats how economics REALLY works.

if McBurgers cant turn your dollars into MORE DOLLARS, then you will invest someplace else, McBurgers stock tumbles, and eventually they go into receivership.

 

[abandonconflict]

try selling from an empty cart.

What is scarce?

 

[nevyn]

Coming from a guy who is registered to the American Communist Party.

Is that true?

 

[twostrokenut]

witness an austrian's demented sense of economics and ponder why all they have is theory.

so your success in the cannabis industry.....just theory then?

 

[Dr Kynes]

What is scarce?

lotsa stuff.

 

[abandonconflict]

lotsa stuff.

That just makes it more valuable.

 

[Dr Kynes]

so your success in the cannabis industry.....just theory then?

nah, he sells his dope for far less than it costs to produce, losing money on every sale, but he makes it up in VOLUME, and Aggregate Demand Money.

and when he hires somebody to trim, or slang, well he makes sure to lose even more, thus, he gets even more Aggregate Demand Money.

a wheelbarrow full of "Aggregate Demand" and $2 will get you a doughnut.

but i remember when a doughnut cost a quarter, way back in 1985...

"What Inflation?"

 

[Dr Kynes]

That just makes it more valuable.

not if you have none to sell.

 

[nevyn]

That just makes it more valuable.

You should think about that for awhile, you will see that they do it on purpose.

 

[abandonconflict]

not if you have none to sell.

Fair enough. Aggregate demand alone is not the market.

 

[abandonconflict]

You should think about that for awhile, you will see that they do it on purpose.

This is actually my point.

 

[nevyn]

Apologise I missed that.

 

[BigNBushy]

So when you call all professors, liberal, are you saying they teach by feeling? Which is it bro?

That's the thing with many of you Republicans [careful not to say conservative], you choose what argument to use depending on the situation. As if you argue simply for the sake of it, knowing that a short time before you were arguing just the opposite.

Can I ask you try to remain consistent?

Im not a Republican. If you were to count the issues, I probably have more issues that I agree with Democrats on, its just the ones that are more important to me Im typically leaning Republican. But I am not registered, and I vote for Democrats at the state/local level about 50/50, but I have yet to vote D for a presidential race.

Anyway, here are some things where I dont just disagree with the R, but I agree with the D.

Gay marriage, pro choice, drug prohibition, a womans body has rape defense systems, government shouldn't have debt, how they interpret freedom of religion to mean make kids pray before class, and I cant remember right now.

Gun rights, small business friendly policy, and a general denial of socialist polocies are why I usually chose R over D, but I got some D in me.

 

[Dr Kynes]

You should think about that for awhile, you will see that they do it on purpose.

prices are based on:

Utility (can it actually do something to make your life better)

Desirability (do you want it?)

and

Scarcity (is there enough to go around?)

horse shit is super useful, not very desirable, and not at all scarce, thus is it cheap.

strawberries are super useful, super desirable, but not at all scarce, thus, cheap.

diamonds are super useful, super desirable, and there simply are not enough for everyone who craves them, so they are super expensive.

if you found a diamond mine while digging an outhouse for your cabin in the woods, you would be rich as a motherfucker, but if that mine has so many diamonds it raises the worldwide production levels, the price will drop because more people are selling more diamonds.

NOT digging every diamond you can find causes the price to stay higher, and since you cant make more (economically) husbanding that resource for maximum profit is well worth the effort.

every time salvatore dali or andy warhol signed a cocktail napkin with a doodle on it that doodle was worth a shitload. if they sat around doodling and signing cocktail napkins for weeks on end, these artifacts would rapidly become worthless, so they didnt.

of course they do it on purpose. if your finite resource becomes infinite, then it becomes practically free.

theres nothing wrong with protecting your product's value at all, which is the basis for Tariffs.
cheap imported shit drives down prices, so YOUR people go hungry while the importers make out like bandits on volume, as long as the price stays significantly above cost.

when the price of imported goods falls below the cost to acquire and import, then they simply acquire and import something else with a high margin.

thats capitalism, and thats why we NEED tariffs, and an end to "Free Trade" which is actually just Expensive Trade with a better PR team.