S
sedonaman
Guest
You are avoiding the scenario I posed in post #82. You never answered my question as to how you would characterize it.…
I don’t think the sytem is very resrained or else our jobs would not be leaving the country at such a rapid rate.
I maintain that a major cause of jobs being exported is just that: having to pay workers the highest wages in the world for doing nothing.
So you do want a command economy. You want the government to “restrain” trade. This is what it did when it passed the Smoot-Hawley Act which worsened the Depression. But that’s OK; it was the good intention that counted.It’s unrestraint that allows them to leave and go to countries with less than favorable labor laws.
The promise of a free lunch, envy, and the desire to punish those with more money. To illustrate this point, I reference a study about 20 years ago written up in the Wall Street Journal that found that the average taxpayer would be willing to pay more taxes as long as the tax increase hurt the rich. This is the height of stupidity. Who provides the capital to open businesses that hire people? The "rich"! Every dollar taxed away from "the rich" is a dollar that is consumed by government [on such things as federal funding for sandals for gay ex-nuns with a foot-fetish and for counting dogs in Oxnard] instead of being invested. And people who are in favor of punishing "the rich" forget that most of the capital is provided by average investors. They also forget that "the rich" are powerful because they are "rich" and use their power to get their effective tax rates lowered. I call it bribery; members of congress call it “redress of grievances”. And they also forget that they themselves are part of "the rich" because “rich” is a relative term. There’s always someone with less money who considers you part of "the rich" and out to get you.Why do you think that people look to socialism as an ''answer"?