On 8/1/2013 7:07 AM, Shay wrote:
>
>
> "scott"  wrote in message news:51fa561a$1@news.povray.org...
>
>>> People without a market for their labor or goods can't take their
>>> "clothing money" and reallocate it to education or medicine.
>>> They have
>>> gone from almost no money to no money at all.
>
>> ???
>
> Read my last two sentences *together*.
>
> An economy is like an ecosystem.
> You might say, "if we kill off all the rabbits, the coyotes will eat the
> rats."
> But the foxes are eating the rats. I guess the foxes will eat the crickets.
> But the robins are eating the crickets ...
>
> Then you might say, "we're not killing the rabbits, we're adding more
> rabbits."
> I guess those new rabbits will eat crickets.
> But the robins are eating the crickets ...
>
> An economy, like an ecosystem, can survive a little turbulence (at least
> for a while, history indicates ruin or violent revolution are inevitable).
>
> However, too much turbulence will collapse the system. Rising
> unemployment and income disparity are indicators that this is happening
> right now.
>
> -Shay
Uh, no.. Rising unemployment and income equality is the direct result of 
the wolves deciding the the rabbits where not enough, and they should be 
allowed to eat "everything".

A good example of this is a recent examination of the "costs" of doing 
business for McDonald's Nearly every place in the US, the minimum wage 
is around $7.5 (averaged, and sort of guess at, some places it may be 
$8, but the fed has it at $7.25). The actual amount, given inflation, it 
should be at is like $15. Now.. The cost estimate has been that, if they 
doubled the pay of every single damn person, nation wide, they would 
have to increase the cost of a hamburger by like 50 cents, to compensate.

Now, that means that, if you worked there, you would be making $15 an 
hour, and your burger would cost you $4.49, instead of $3.99. So.. where 
the F is the problem exactly? Well, according to the people apposed to 
increasing wages, "Such places run on tiny margins, and even paying $1 
more would ruin them!!!!"

Uh.. bullshit! Its purely that the boards of directors, the CEOs, and 
all the people they pay to lie to congress for them, want to keep all 
the money, and not pay anyone anything. Oh, and... it gives them an 
excuse to a) fire people, so that b) they have fewer employees, and c) 
they can then pay someone else millions, to go to congress, and say, 
"See! If you got rid of minimum wages, or let us start putting things 
that are illegal in the burgers, we could hire back all the people we 
fired!"

Nothing about the current economic problems have a damn thing to do with 
the cost of labor, or the price that anything would actually "have to 
be" to hire more people, or pay them more money. Its all, 100%, about 
maximizing the wallets of the people at the top, then saying, "Well, I 
am sure you can find a job at one of the other places that pay shit 
wages, you just are not trying hard enough, obviously!"

The numbers don't lie. We could turn around everything, over night, if 
they would just a) hire people, and b) actually fraking pay them for 
working. They want to do neither, and they have a long, stupid, and 
mathematically unfounded, list of bullshit reasons to not do it. The 
biggest ones being that half the idiots in charge of companies right now 
where "trained" in schools that fell for, and taught them, quite 
frankly, the similarly delusional, mathematically implausible, and 
purely selfish, "US libertarian free market - which fixes everything by 
application of magic", economic theory of how to run businesses. Much 
like modern conservatism, someone, who wasn't already an asshole, from 
100 years ago, would look at the theory of how you pay people, how you 
treat them, etc., in the modern economy, and go, "What they hell went 
wrong here? Did everyone become a complete idiot?!"

The only answer I can, sadly, give, myself, is, "Yeah, mostly, that is 
exactly what happened."

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