Comments on: New Census Report: Uninsured Up, Real Income Down For Men and Women, Poverty Unchanged http://thinkprogress.org/2006/08/29/new-census-numbers/ Fri, 27 Nov 2009 01:23:47 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: The Purple State » Are the economy and Dow Jones the same thing? http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-1047676 The Purple State » Are the economy and Dow Jones the same thing? Mon, 30 Oct 2006 00:45:44 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-1047676 [...] While in 90s the surging stock market was seen as emblematic of a fast growing economy, the two are separate and their conflation leads only to confusion. The average American does not have significant stock earnings, so a bull market often does little more than fill the coffers of executives and investors, generally the wealthiest section of the country. In theory their gains will trickle down to us in the form of higher wages and greater employment. Unemployment has already been low for a long time, but wages have absolutely stagnated for Middle and Lower Class America. Part of the reason is that corporations have chosen to convert their earnings into pure profit, hence the record CEO salaries and a windfall year for oil companies, or ship it overseas to invest in cheap labor markets. This disconnect between growth for the wealthy and growth for the average American is unsustainable in the long term. Income inequality is the biggest issue in America that nobody seems to want to talk about, but all the facts are laid out plain - the rich get richer, the poor get poorer, and all of us have to pay the record debt we’ve accrued just to keep us where we are. [...] [...] While in 90s the surging stock market was seen as emblematic of a fast growing economy, the two are separate and their conflation leads only to confusion. The average American does not have significant stock earnings, so a bull market often does little more than fill the coffers of executives and investors, generally the wealthiest section of the country. In theory their gains will trickle down to us in the form of higher wages and greater employment. Unemployment has already been low for a long time, but wages have absolutely stagnated for Middle and Lower Class America. Part of the reason is that corporations have chosen to convert their earnings into pure profit, hence the record CEO salaries and a windfall year for oil companies, or ship it overseas to invest in cheap labor markets. This disconnect between growth for the wealthy and growth for the average American is unsustainable in the long term. Income inequality is the biggest issue in America that nobody seems to want to talk about, but all the facts are laid out plain – the rich get richer, the poor get poorer, and all of us have to pay the record debt we’ve accrued just to keep us where we are. [...]

]]> By: Quideus http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-777858 Quideus Tue, 05 Sep 2006 17:03:23 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-777858 Bush is simply the front man for those who truly control the economic power in America, the major corporations and select individualswho hold massive amounts of wealth. He'll tell you anything as long as you believe it. America, sad to say, is turning into a deeply divided country, split by ever growing economic disparitiy. This is a grave threat to our democracy. While this tragedy is unfolding, Karl Rove will divert your attention by gay bashing or flag waving. There's a sucker born every minute. Bush is simply the front man for those who truly control the economic power in America, the major corporations and select individualswho hold massive amounts of wealth. He’ll tell you anything as long as you believe it. America, sad to say, is turning into a deeply divided country, split by ever growing economic disparitiy. This is a grave threat to our democracy. While this tragedy is unfolding, Karl Rove will divert your attention by gay bashing or flag waving. There’s a sucker born every minute.

]]> By: Thomas http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-770011 Thomas Sat, 02 Sep 2006 13:22:08 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-770011 The U.S. became an Empire around 1912 or so when it became an Equal to the British Empire Financially and later became the Dominant Western Power after World War 2 because of the Destruction in Europe and Asia. By the Early 1970's Europe and Asia had totally rebuilt their economies and in many aspects began to surpass The U.S. Economy leading to the U.S. Government Totally Dropping the Gold Standard which was partially done in the 1930's because we could not pay our debts any longer with Gold. We started to Pay our debts by selling U.S. Assets abroad and than in America. Industry, Land, Government Bonds,treasury Bills,etc were sold to the New Creditor nations of Japan, Germany,France, Saudi Arabia to name the big ones. Fast forward 30 years later and we have become a huge debtor Nation basically controlled by Foreign Bankers and Corporations. Most of our most advanced Industry has been bought up or bankrupted and much of our Western Lands our being used as collateral for our debts or Sold directly to the Creditors we owe. Throughout the U.S. Economy we have debts approaching 50 trillion, within a very few years our total debts will surpass our total Wealth(Within 3 to 5 years). At that point we will basically be bankrupted and totally under Europe and Asian control as any other Third World Country. In 2005 we added 6 dollars in new debts to produce a 1 dollar advance in GDP. We have no real economic Growth we are just indebting ourselves and selling the remaining assets that prior Generation Built. Our Government has been totally corrupted and could care less what happens. The Empire ended in the 1980's and now will we survive as a Nation? We have a yearly 900 billion Current Account Deficit and Growing. Over 700 billion Governmental debts yearly. Huge Consumer and Private sector debts. The Bankers have taken control of the country and will make it a dictatorship. They are done using us as an economic Model and Military Protector against the Soviets since they disbanded in the 1990's. America rose in the late 1880's economically at the same time that Socialism and Communism were gaining power in Europe and other places. They needed a home base of strength for their fight against this threat to them. Once the Communism disbanded 100 years later the U.S. began to decline at the same time. The U.S. became an Empire around 1912 or so when it became an Equal to the British Empire Financially and later became the Dominant Western Power after World War 2 because of the Destruction in Europe and Asia.
By the Early 1970’s Europe and Asia had totally rebuilt their economies and in many aspects began to surpass The U.S. Economy leading to the U.S. Government Totally Dropping the Gold Standard which was partially done in the 1930’s because we could not pay our debts any longer with Gold.
We started to Pay our debts by selling U.S. Assets abroad and than in America.
Industry, Land, Government Bonds,treasury Bills,etc were sold to the New Creditor nations of Japan, Germany,France, Saudi Arabia to name the big ones.
Fast forward 30 years later and we have become a huge debtor Nation basically controlled by Foreign Bankers and Corporations.
Most of our most advanced Industry has been bought up or bankrupted and much of our Western Lands our being used as collateral for our debts or Sold directly to the Creditors we owe.
Throughout the U.S. Economy we have debts approaching 50 trillion, within a very few years our total debts will surpass our total Wealth(Within 3 to 5 years).
At that point we will basically be bankrupted and totally under Europe and Asian control as any other Third World Country.
In 2005 we added 6 dollars in new debts to produce a 1 dollar advance in GDP.
We have no real economic Growth we are just indebting ourselves and selling the remaining assets that prior Generation Built.
Our Government has been totally corrupted and could care less what happens.
The Empire ended in the 1980’s and now will we survive as a Nation?
We have a yearly 900 billion Current Account Deficit and Growing.
Over 700 billion Governmental debts yearly.
Huge Consumer and Private sector debts.
The Bankers have taken control of the country and will make it a dictatorship. They are done using us as an economic Model and Military Protector against the Soviets since they disbanded in the 1990’s. America rose in the late 1880’s economically at the same time that Socialism and Communism were gaining power in Europe and other places.
They needed a home base of strength for their fight against this threat to them. Once the Communism disbanded 100 years later the U.S. began to decline at the same time.

]]> By: Marko http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-765716 Marko Thu, 31 Aug 2006 23:09:01 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-765716 You're not alone Jason Hendler! Good for you. You’re not alone Jason Hendler! Good for you.

]]> By: FatHed http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-762193 FatHed Wed, 30 Aug 2006 02:10:24 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-762193 Perhaps the decrease in insured people is due to the insurance companies refusing to pay. Take katrina for instance, ohh, it's flood damage, not hurricane damage, we don't care that the hurricane caused the flooding. Honestly, if you don't have kids you should only have liability coverage for your car, as required by law. Anything more than that and you're just lining their pockets, then when you need to use that investment you made in your security, it's not there. Perhaps the decrease in insured people is due to the insurance companies refusing to pay. Take katrina for instance, ohh, it’s flood damage, not hurricane damage, we don’t care that the hurricane caused the flooding.

Honestly, if you don’t have kids you should only have liability coverage for your car, as required by law. Anything more than that and you’re just lining their pockets, then when you need to use that investment you made in your security, it’s not there.

]]> By: keepinon http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-762026 keepinon Wed, 30 Aug 2006 00:24:06 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-762026 "the lowest level of public confidence in the direction of the economy in five years". Five years...what happened in 2001? Oh yeah, GW took office, at the country started down its glorious path of GOP domination in the Congress and the Whitehouse! I've been wondering a lot though about why things arn't perfect yet. I mean, they have had five years. And all those countries that used to like us so much, seem to actually hate us now. The public thinks the economy is going downhill, and those folks who use to live on the Gulf coast are scattered across the country. Well, I'm sure things will get better when we elect even more Republicans to Congress in November. If we can get rid of those Godless liberal Democrats, <strong>then things will be perfect.</strong> “the lowest level of public confidence in the direction of the economy in five years”. Five years…what happened in 2001? Oh yeah, GW took office, at the country started down its glorious path of GOP domination in the Congress and the Whitehouse! I’ve been wondering a lot though about why things arn’t perfect yet. I mean, they have had five years. And all those countries that used to like us so much, seem to actually hate us now. The public thinks the economy is going downhill, and those folks who use to live on the Gulf coast are scattered across the country.

Well, I’m sure things will get better when we elect even more Republicans to Congress in November. If we can get rid of those Godless liberal Democrats, then things will be perfect.

]]> By: For Truth http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761966 For Truth Tue, 29 Aug 2006 23:30:40 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761966 Good job Jason, now git back to work! Good job Jason, now git back to work!

]]> By: Jason M. Hendler http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761818 Jason M. Hendler Tue, 29 Aug 2006 22:01:41 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761818 #45, cynicalgirl, Read through these patents, and lemme know if you have any questions. http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=0&f=S&l=50&TERM1=jason&FIELD1=INNM&co1=AND&TERM2=hendler&FIELD2=INNM&d=PTXT #45, cynicalgirl,

Read through these patents, and lemme know if you have any questions.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=0&f=S&l=50&TERM1=jason&FIELD1=INNM&co1=AND&TERM2=hendler&FIELD2=INNM&d=PTXT

]]> By: muckdog http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761689 muckdog Tue, 29 Aug 2006 21:07:17 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761689 #69, only if they needed more widgets. Otherwise, they could do with less labor and create a glut in the availability of widget makers. #69, only if they needed more widgets. Otherwise, they could do with less labor and create a glut in the availability of widget makers.

]]> By: Eye on Williamson » Republican Tax Cuts Let Deadbeat Dads Off The Hook http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761524 Eye on Williamson » Republican Tax Cuts Let Deadbeat Dads Off The Hook Tue, 29 Aug 2006 19:41:52 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761524 [...] With the news today of a New Census Report: Uninsured Up, Real Income Down For Men and Women, Poverty Unchanged, and this press release from the CPPP, Poverty Continues To Plaque Texas, it’s clear that the Republican plan for Texas and the US is finally coming to fruition: They got theirs, now you get yours. [...] [...] With the news today of a New Census Report: Uninsured Up, Real Income Down For Men and Women, Poverty Unchanged, and this press release from the CPPP, Poverty Continues To Plaque Texas, it’s clear that the Republican plan for Texas and the US is finally coming to fruition: They got theirs, now you get yours. [...]

]]> By: Evil Spaniard http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761451 Evil Spaniard Tue, 29 Aug 2006 19:08:32 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761451 <em>#72 The major problem with the theory that unions killed off the textile industry is that there was very little union representation of the textile industry in the US south, which is where it left *from*. Not that reality is an impediment to a good right-wing rant or anything, but there it is. Comment by Mike Jones — August 29, 2006 @ 2:43 pm</em> Yes. The theory of the Unions killing the textile industry is simply crap. In my country, the textile industry also died long ago, and unions had nothing ado. But why? Because textile industry doesn't need quality worders, and textile enterprise owners move the factories to India or China to weave or sew their products, paying far less than in the US, and selling the product in the USA. Saying that if the USA workers wanted to earn less than the chinese or indian workers, the jobs will be kept in the USA is simply moronic. Life is far more costly in any place in the USA than in most of China or India. Working three weeks to fill a gas tank needed to go to work and then can't buy food isn't an affordable choice. No person (even illegals) can afford to have such a crappy job. The rich countries in the world (the USA was the main one), in fact their elites, were too eager to create the WTO and produce the first rulings quickly to open the borders, before of evaluating the impact in the national workers first. Or maybe it was the plan from the start... #72 The major problem with the theory that unions killed off the textile industry is that there was very little union representation of the textile industry in the US south, which is where it left *from*. Not that reality is an impediment to a good right-wing rant or anything, but there it is.

Comment by Mike Jones — August 29, 2006 @ 2:43 pm

Yes. The theory of the Unions killing the textile industry is simply crap. In my country, the textile industry also died long ago, and unions had nothing ado. But why? Because textile industry doesn’t need quality worders, and textile enterprise owners move the factories to India or China to weave or sew their products, paying far less than in the US, and selling the product in the USA.

Saying that if the USA workers wanted to earn less than the chinese or indian workers, the jobs will be kept in the USA is simply moronic. Life is far more costly in any place in the USA than in most of China or India. Working three weeks to fill a gas tank needed to go to work and then can’t buy food isn’t an affordable choice. No person (even illegals) can afford to have such a crappy job.

The rich countries in the world (the USA was the main one), in fact their elites, were too eager to create the WTO and produce the first rulings quickly to open the borders, before of evaluating the impact in the national workers first. Or maybe it was the plan from the start…

]]> By: Evil Spaniard http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761428 Evil Spaniard Tue, 29 Aug 2006 18:57:00 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761428 <em>#56 We live in a FREE MARKET SYSTEM!!! Going the Free market route has many good things but also some negatives. The big one being that there are winners and losers. <strong>There will ALWAYS be poverty in a free market system. ALWAYS! The only to have no pverty is to go away from the Free Market and move towards Socialism like Europe and Canada.</strong> Of Course you then get crappy GDP growth and an overall decrease in the standard of living for all. Pick your poison people. Comment by Roger_Roger — August 29, 2006 @ 12:40 pm</em> The USA, a free market, my ass. First, you have LOTS of federal welfare for your industries, be it food (help to your farmers to produce at a cheaper price than Africa, Brazil or any other third world country), military (giving TONS of federal money to giantic weapon programs and starting preventive wars all the time), forcing politically other countries to buy your GM crops or your crappy software against the will of their people and/or their laws, using third world appointed dictators to obtain favorable bussiness... Roger_Roger, you're delusional if you think you live in a free market country. You're receiving welfare from the cradle to the tomb. And if the workers in your country is now taking the heat of global free market, isn't the guilt of Unions, but of the enterprises who have more benefits (lesser wages) using 7 years olds to sew sneakers to sell to your people. And then, the enterprise moves the HQ to the Cayman Islands or some other trick and, alas, they can receive US tax breaks, but not pay taxes in the USA. Roger_Roger, that's not free market, it's freeloading from the world's people, and the lack of wise (and enforced) global market laws. BTW, you're saying that if a person doesn't want to be poor, your country isn't the best to live. I think that you're damaging your defense of the free market system. Just saying. #56 We live in a FREE MARKET SYSTEM!!!

Going the Free market route has many good things but also some negatives. The big one being that there are winners and losers. There will ALWAYS be poverty in a free market system. ALWAYS! The only to have no pverty is to go away from the Free Market and move towards Socialism like Europe and Canada. Of Course you then get crappy GDP growth and an overall decrease in the standard of living for all. Pick your poison people.

Comment by Roger_Roger — August 29, 2006 @ 12:40 pm

The USA, a free market, my ass. First, you have LOTS of federal welfare for your industries, be it food (help to your farmers to produce at a cheaper price than Africa, Brazil or any other third world country), military (giving TONS of federal money to giantic weapon programs and starting preventive wars all the time), forcing politically other countries to buy your GM crops or your crappy software against the will of their people and/or their laws, using third world appointed dictators to obtain favorable bussiness…

Roger_Roger, you’re delusional if you think you live in a free market country. You’re receiving welfare from the cradle to the tomb. And if the workers in your country is now taking the heat of global free market, isn’t the guilt of Unions, but of the enterprises who have more benefits (lesser wages) using 7 years olds to sew sneakers to sell to your people. And then, the enterprise moves the HQ to the Cayman Islands or some other trick and, alas, they can receive US tax breaks, but not pay taxes in the USA.

Roger_Roger, that’s not free market, it’s freeloading from the world’s people, and the lack of wise (and enforced) global market laws.

BTW, you’re saying that if a person doesn’t want to be poor, your country isn’t the best to live. I think that you’re damaging your defense of the free market system. Just saying.

]]> By: Mike Jones http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761398 Mike Jones Tue, 29 Aug 2006 18:43:39 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761398 The major problem with the theory that unions killed off the textile industry is that there was very little union representation of the textile industry in the US south, which is where it left *from*. Not that reality is an impediment to a good right-wing rant or anything, but there it is. The major problem with the theory that unions killed off the textile industry is that there was very little union representation of the textile industry in the US south, which is where it left *from*. Not that reality is an impediment to a good right-wing rant or anything, but there it is.

]]> By: Phoenix Woman http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761371 Phoenix Woman Tue, 29 Aug 2006 18:38:36 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761371 <a href="http://www.nytimes.com/2006/08/28/business/28wages.html?_r=1&oref=slogin" rel="nofollow">Even as we’re in what for corporate America is “the golden era of profitability”, Joe and Jane Average’s paychecks are falling behind</a>, even when you count health-care bennies (which private employers are slashing anyway): <blockquote><i>The median hourly wage for American workers has declined 2 percent since 2003, after factoring in inflation. The drop has been especially notable, economists say, because productivity — the amount that an average worker produces in an hour and the basic wellspring of a nation’s living standards — has risen steadily over the same period.As a result, wages and salaries now make up the lowest share of the nation’s gross domestic product since the government began recording the data in 1947, while corporate profits have climbed to their highest share since the 1960’s. <a href="http://www.nytimes.com/redirect/marketwatch/redirect.ctx?MW=http://custom.marketwatch.com/custom/nyt-com/html-companyprofile.asp&symb=UBS" title="UBS" rel="nofollow">UBS</a>, the investment bank, recently described the current period as “the golden era of profitability.” Until the last year, stagnating wages were somewhat offset by the rising value of benefits, especially health insurance, which caused overall compensation for most Americans to continue increasing. Since last summer, however, the value of workers’ benefits has also failed to keep pace with inflation, according to government data. </i></blockquote> It’s actually worse than it looks, because the very few folks who are actually doing better are skewing the numbers: <blockquote><i>At the very top of the income spectrum, many workers have continued to receive raises that outpace inflation, and the gains have been large enough to keep average income and consumer spending rising.</i></blockquote> What we really need is someone to have the guts to undo Bush’s tax giveaways to corporate America and the very rich. Then we could afford what most every other first-class industrial nation has: a working health care system. Even as we’re in what for corporate America is “the golden era of profitability”, Joe and Jane Average’s paychecks are falling behind, even when you count health-care bennies (which private employers are slashing anyway):

The median hourly wage for American workers has declined 2 percent since 2003, after factoring in inflation. The drop has been especially notable, economists say, because productivity — the amount that an average worker produces in an hour and the basic wellspring of a nation’s living standards — has risen steadily over the same period.As a result, wages and salaries now make up the lowest share of the nation’s gross domestic product since the government began recording the data in 1947, while corporate profits have climbed to their highest share since the 1960’s. UBS, the investment bank, recently described the current period as “the golden era of profitability.” Until the last year, stagnating wages were somewhat offset by the rising value of benefits, especially health insurance, which caused overall compensation for most Americans to continue increasing. Since last summer, however, the value of workers’ benefits has also failed to keep pace with inflation, according to government data.

It’s actually worse than it looks, because the very few folks who are actually doing better are skewing the numbers:

At the very top of the income spectrum, many workers have continued to receive raises that outpace inflation, and the gains have been large enough to keep average income and consumer spending rising.

What we really need is someone to have the guts to undo Bush’s tax giveaways to corporate America and the very rich. Then we could afford what most every other first-class industrial nation has: a working health care system.

]]> By: Juan C http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761312 Juan C Tue, 29 Aug 2006 18:23:35 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761312 <em>There will ALWAYS be poverty in a free market system. ALWAYS! Comment by Roger_Roger — August 29, 2006 @ 12:40 pm</em> Correct but inaccurate. In a free market society the only thing you produce is wealth out of poor people. Thats the basis of capitalism, the accumulation of wealth. So, at the end you will have very very few people with enormous richness and a lot of poor raging people in the streets. Wait and see. <em>The only to have no pverty is to go away from the Free Market and move towards Socialism like Europe and Canada. Of Course you then get crappy GDP growth and an overall decrease in the standard of living for all. Pick your poison people.</em> Oh, Canada, all the way. Who cares about GPD when you get to feed all your citizens? There will ALWAYS be poverty in a free market system. ALWAYS!
Comment by Roger_Roger — August 29, 2006 @ 12:40 pm
Correct but inaccurate. In a free market society the only thing you produce is wealth out of poor people. Thats the basis of capitalism, the accumulation of wealth. So, at the end you will have very very few people with enormous richness and a lot of poor raging people in the streets. Wait and see.

The only to have no pverty is to go away from the Free Market and move towards Socialism like Europe and Canada. Of Course you then get crappy GDP growth and an overall decrease in the standard of living for all. Pick your poison people.

Oh, Canada, all the way. Who cares about GPD when you get to feed all your citizens?

]]> By: TripMaster Monkey http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761305 TripMaster Monkey Tue, 29 Aug 2006 18:21:26 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761305 RUCerious sez: <blockquote><em>Where did you take your econ 101?</em></blockquote> I'll wager that it was the same ivy-league Stanford that has produced such fine graduates as Jason M. Hendler. ^_^ RUCerious sez:

Where did you take your econ 101?

I’ll wager that it was the same ivy-league Stanford that has produced such fine graduates as Jason M. Hendler. ^_^

]]> By: katy http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761304 katy Tue, 29 Aug 2006 18:20:26 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761304 <em>Because foreign labor is readily available. At cheaper prices. Comment by muckdog — August 29, 2006 @ 1:42 pm</em> because of CORPORATE WELFARE... these companies are given tax breaks and incentives to MOVE their operations elsewhere... that's gotta change... oh, and she is correct... Because foreign labor is readily available. At cheaper prices.
Comment by muckdog — August 29, 2006 @ 1:42 pm

because of CORPORATE WELFARE… these companies are given tax breaks and incentives to MOVE their operations elsewhere… that’s gotta change…

oh, and she is correct…

]]> By: RUCerious http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761288 RUCerious Tue, 29 Aug 2006 18:14:59 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761288 #49 Increasing worker productivity means that if it used to take 60 minutes to make 10 widgets, and now it takes 40 minutes to make 10 widgets, the company can produce more widgets with fewer hours of labor. They could then lower their prices and compete more effectively by selling more widgets. Where did you take your econ 101? #49
Increasing worker productivity means that if it used to take 60 minutes to make 10 widgets, and now it takes 40 minutes to make 10 widgets, the company can produce more widgets with fewer hours of labor.
They could then lower their prices and compete more effectively by selling more widgets. Where did you take your econ 101?

]]> By: Barfly http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761215 Barfly Tue, 29 Aug 2006 17:46:59 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761215 <em>Going the Free market route has many good things but also some negatives. The big one being that there are winners and losers. There will ALWAYS be poverty in a free market system. ALWAYS! The only to have no pverty is to go away from the Free Market and move towards Socialism like Europe and Canada. Of Course you then get crappy GDP growth and an overall decrease in the standard of living for all. Pick your poison people. </em> Comment by Roger_Roger Social Darwinism becomes you, Roger. You've already exposed your hatred for the Social Security System, and America's retirees. What next Roger, a spirited defense of Eugenics? Going the Free market route has many good things but also some negatives. The big one being that there are winners and losers. There will ALWAYS be poverty in a free market system. ALWAYS! The only to have no pverty is to go away from the Free Market and move towards Socialism like Europe and Canada. Of Course you then get crappy GDP growth and an overall decrease in the standard of living for all. Pick your poison people.

Comment by Roger_Roger

Social Darwinism becomes you, Roger. You’ve already exposed your hatred for the Social Security System, and America’s retirees. What next Roger, a spirited defense of Eugenics?

]]> By: RealScientist http://thinkprogress.org/2006/08/29/new-census-numbers/comment-page-2/#comment-761203 RealScientist Tue, 29 Aug 2006 17:42:56 +0000 http://thinkprogress.org/2006/08/29/new-census-numbers/#comment-761203 <em>We live in a FREE MARKET SYSTEM!!! Comment by Roger_Roger — August 29, 2006 @ 12:40 pm</em> Here's Roger, pushing GOP mythology again. Free market, my ass. And just how free are those markets for all the huge government contracts being awarded by the corrupt Bush administration to their cronies without competition? How free is that? How do billions and billions of dollars of earmarks directed at individual corporations constitute a free market? How does rampant supply manipulation by oil and natural gas companies fit into a free market? We live in a FREE MARKET SYSTEM!!!

Comment by Roger_Roger — August 29, 2006 @ 12:40 pm

Here’s Roger, pushing GOP mythology again. Free market, my ass. And just how free are those markets for all the huge government contracts being awarded by the corrupt Bush administration to their cronies without competition? How free is that? How do billions and billions of dollars of earmarks directed at individual corporations constitute a free market? How does rampant supply manipulation by oil and natural gas companies fit into a free market?

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