Thomas Sowell and the welfare state

slimreaper

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Blow him more.

I place a very high value on logic.

I don't agree with him on everything though. But you've already tried and failed on this point anyway. I wouldn't try again
 

Fresco

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I place a very high value on logic.

I don't agree with him on everything though. But you've already tried and failed on this point anyway. I wouldn't try again
There's plenty of good economists out there, but you only preach about one that supports your world view. I wonder why.
 

slimreaper

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There's plenty of good economists out there, but you only preach about one that supports your world view. I wonder why.

Sowell, Friedman, Buckley, Williams.

I gravitate towards capitalism and away from socialism because
1. They presented a better case
2. Socalism fails
 

Multiply

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I place a very high value on logic.

I don't agree with him on everything though. But you've already tried and failed on this point anyway. I wouldn't try again

Uhg. You always say shit like this and it's sad. Never seen someone so consistently lose in a debate and claim they won.
 

slimreaper

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Uhg. You always say shit like this and it's sad. Never seen someone so consistently lose in a debate and claim they won.



The debate in question... I lost this though? Yeah ok
 

Multiply

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The debate in question... I lost this though? Yeah ok

I only responded to you twice in that thread. Plus the fact that you said the US would bounce back from such a dramatic change in 3-6 months(I think you said) is just ridiculous. I don't think you believe half the shit you type, but you very well might.
 

slimreaper

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I only responded to you twice in that thread. Plus the fact that you said the US would bounce back from such a dramatic change in 3-6 months(I think you said) is just ridiculous. I don't think you believe half the shit you type, but you very well might.
And you didn't fare well. This is the same topic and I supposed to expect a different result?
How am I( not an economist) supposed to accurately predict the rate of deflation and bounce back?

If people didn't find employment in the allotted window, they would be given more time provided they showed proof of job search.

When my father got laid off for a few months in 2009, to qualify for unemployment he had to show he was applying two places every week. Why should welfare be any different?
 

Fresco

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Sowell, Friedman, Buckley, Williams.

I gravitate towards capitalism and away from socialism because
1. They presented a better case
2. Socalism fails
I dislike socialism to a certain degree, but its important to make the distinction between Marxist-Leninist Socialism and social programs in the context of Capitalist societies, which is referred to as social democracies. A much more broad term would be a mixed economy, and it depends on the country whether it leans toward market or command. Social democracies have been proven to proficient, with Scandinavia being the prime example, and Canada and Australia having powerful economies.

So yeah, I would agree pure socialism sucks in the same way pure capitalism sucks, but its difficult to find a country that doesn't have a mixed economy.
 

Multiply

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And you didn't fare well. This is the same topic and I supposed to expect a different result?
How am I( not an economist) supposed to accurately predict the rate of deflation and bounce back?

If people didn't find employment in the allotted window, they would be given more time provided they showed proof of job search.

When my father got laid off for a few months in 2009, to qualify for unemployment he had to show he was applying two places every week. Why should welfare be any different?

Smells like socialism.

Anyway, I don't expect you to accurately predict the rate of deflation(If any at all) or the bounce back. Why? Because you hold no validity. You have no proof to your claims. That's why I don't take you seriously. So you may say I lost, and if you truly believe that who am I to stop you?
 
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slimreaper

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I dislike socialism to a certain degree, but its important to make the distinction between Marxist-Leninist Socialism and social programs in the context of Capitalist societies, which is referred to as social democracies. A much more broad term would be a mixed economy, and it depends on the country whether it leans toward market or command. Social democracies have been proven to proficient, with Scandinavia being the prime example, and Canada and Australia having powerful economies.

So yeah, I would agree pure socialism sucks in the same way pure capitalism sucks, but its difficult to find a country that doesn't have a mixed economy.

Certain social welfare programs are necessary such as public school ( though I believe parents should be able to choose what pubic school their child attends at no cost).

But when you get invasive programs like these who hurt the very people they're trying to help it hard to see the good in them. We need to look ahead at the consequences of our actions instead of touting them as successful just to make yourself feel better.

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slimreaper

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Smells like socialism.

Anyway, I don't expect you to accurately predict the rate of deflation(If any at all) or the bounce back. Why? Because you hold no validity. You have no proof to your claims. That's why I don't take you seriously. So you may say I lost, and if you truly believe that who am I to stop you?

"I can't actually refute your claims, so i'm just not gonna make myself look stupid"

Thats the gist
 

Multiply

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"I can't actually refute your claims, so i'm just not gonna make myself look stupid"

Thats the gist

What claims did you honestly make though? You admitted that you essentially made up the time frame of deflation and bounce back so what can I refute? You admitted that your claims hold no weight to them, so you want me to refute your empty claims? Can do if you want I suppose...
 

slimreaper

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What claims did you honestly make though? You admitted that you essentially made up the time frame of deflation and bounce back so what can I refute? You admitted that your claims hold no weight to them, so you want me to refute your empty claims? Can do if you want I suppose...

There are literally two threads on the hatmrm done to minorities by liberals yet they still overwhelmingly vote liberal. Do agree or disagree with that assertion.

And you base the debunking of my argument on the fact thst I can't pinpoint the rate of deflation? Thats dumb.

Raising wages increases inflation by raising prices to compensate (and firing employees). Reducing wages would do the inverse.
 

Multiply

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slimreaper;19726907[B said:
]There are literally two threads on the hatmrm done to minorities by liberals yet they still overwhelmingly vote liberal. Do agree or disagree with that assertion.[/B]

And you base the debunking of my argument on the fact thst I can't pinpoint the rate of deflation? Thats dumb.

Raising wages increases inflation by raising prices to compensate (and firing employees). Reducing wages would do the inverse.


@Bold I don't know what 'hatmrm' means.

Yes, your argument holds zero weight as you admitted.
 

slimreaper

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@Bold I don't know what 'hatmrm' means.

Yes, your argument holds zero weight as you admitted.

On my phone

Lets talk about the argument you made. You said that greedy business men would use the lack of a minimum wage totake advantage of workers. I asked why only 4% of workers make minimum wage now if thats the case. You said nothing.

What up with that?
 

Multiply

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On my phone

Lets talk about the argument you made. You said that greedy business men would use the lack of a minimum wage totake advantage of workers. I asked why only 4% of workers make minimum wage now if thats the case. You said nothing.

What up with that?

What do you mean? They can't take advantage of the 4%? :lol. I'm for not taking advantage of anyone, but that's just me.
 

slimreaper

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What do you mean? They can't take advantage of the 4%? :lol. I'm for not taking advantage of anyone, but that's just me.

You asserted that if we did away with the minimum wage that greedy business men would take advantage of their employees by paying them nothing and making a huge profit. I said that currently only 4% of workers actually make the minimum. The other 96% make more. Now if we need to " be protected from the lunacy of big business" why wouldn't all workers make minimum wage. You had no answer
 

Multiply

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You asserted that if we did away with the minimum wage that greedy business men would take advantage of their employees by paying them nothing and making a huge profit. I said that currently only 4% of workers actually make the minimum. The other 96% make more. Now if we need to " be protected from the lunacy of big business" why wouldn't all workers make minimum wage. You had no answer

And I'm talking about the 4%? Thought that was clear.
 

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There's plenty of good economists out there, but you only preach about one that supports your world view. I wonder why.

The problem is by what metric you measure "good."

An "economist" in the world of today is measured by the success of his predictions upon investment performance over the next five years.

The problem is that this is a very short-sighted approach to building an economy - an enduring system of trade and exchange to last indefinitely.

While some of their ideas and strategies may work in the short term - the reality is that they are all delusional madmen incapable of accepting the nature of human economic systems. Every one of them is yet another idea about how to gimmick trade and exchange to play by rules they can more easily work with and process to their favor.

"Old World" economists, such as Sowel, have reviewed the thing known as "history." They have seen that all of these enterprising economists we have in today's world do not have an original thought in their head. Every one of their ideas has been tried before. Every one of their arguments has been made in the past. Every single one of them destroyed their countries in the past.

To expect it to go any different this time around is simply madness imposed upon entire civilizations through the power of government.
 
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slimreaper

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And I'm talking about the 4%? Thought that was clear.

I think you're playing dumb to avoid admitting you're wrong.

It was you that asserted that minimum wage protects us against the lunacy of big business right?
 
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