Gas Prices

[BigMat]

I will try to explain my view as best as possible, I lost my temper last time but I am not interested in an internet pissing match, nor being insulted.

I guess you are asking to be treated like a juvenile. Money = payment for the value goods or service, hence your time and effort = money.

You agree with me, money comes from payment for goods and services.

-Time and effort are irrelavent, if I have a great product that takes no work I am just better than others at what I do. customers are universal.


Genius! I did say you left out the value of time and effort while you are so focus on 'customers = money.'

-stand by it, time and effort can be part of a business but don't have to, customers are universal.

Its not a theory..its the way you have characterized yourself so far to me. The professor is years ahead of you, and yet he still cannot put his theory into action. BTW, within your definition, how do you explain expansion of economy? Also explain how there are more buying power dollars than the actual paper dollars. I am very curious.

-avoiding insults.

-part II-
Expansion of economy - In my opinion I credit a working middle class with buying power. The ~70% of Americans that fall between $250,000 and $35,000. This is the largest chunk of domestic spending.
-buying power vs. paper dollars doesn't need to be explained as this is not a test, if you are curious, go and read about it.


As far as the Singaporean economy, a quick search in google with get your answer. 4.5 millions singaporeans w/ more billionaires ratio than most nations. Poverty line is thing of the past... http://wphr.org/2010/andrew-jensen/b...success-story/

Want another example? Look into Chinese's copy of Reaganomic. Look up what the Chicom finance minister said about sending Chinese Economists to our top schools and applying reaganomics in the early 90s. You can certainly do your own research and learn what the communist chinese learnt from us.

I didn't want to mention Chinese previously obviously due to their minimum wage and working class treatment. Now, in the 21st century, the leadership are worried about the growing middle class. They are definitely curbing certain things lately.

-we can both throw examples all day at each other, I do like how you try to not bring up China. What a great example for the American economy! Trickle down does make rich people more money, that's what it is for. I just don't want to pay for it as a middle class person. Now they are slowing reaganomics to support a middle class. As I have said, and as you have said.
-If you want some examples, look into most countries in the world. The world's richest man lives in Mexico, along with a lot of very rich people, hmm, didn't help. All of the middle east and Africa, are good examples. Or nearly any oil producing country. Now on the other side lets say the EU with a smaller Economic divide, where would you rather live?
The pile of examples (both ways) only serves to prove that economies are built on more than just not taxing rich people on the backs of less rich people.


awww.. don't be so butt hurt. I wish I have more time watching or listening to news radio. I am always behind on the news, but I do know what I am doing as far as economy or business.

-probably, but I'm not interested in being tricked into giving you my money.

Pulled from above-

Do I think being rich is evil. NO
I would have wasted a lot of time in school. I didn't have to work this hard.

I just don't like being feed a line by other men who want an edge by coming up with a shiny phrase to trick others.

It is just backward entitlement-
I am poor, I need your money (in handouts) so you feel better
vs.
I am rich, I need your money (in tax breaks) so you feel better
same thing- different dress



Money will trickle, both ways, and taxing one group more to help another, will not get anyone in an economy anywhere. Tax the rich more-fewer jobs, tax the poor more fewer customers. either way, we all fail.



What I support, so you can see an alternative-

A smaller government and by extension lower taxes for all of us. This fails as it is politically unpopular, as you can see right now as expressed by our Congress trying to cut the budget. Both sides trying to cut the hand that feeds the other side.