Tax Breaks and the Economy- Non-Political Hopefully
#31
LB- Interesting you mention that. I saw a few minutes on CNBC this morning, enough to make me dangerous to myself (and maybe others).... My latest thoughts...
Rising wages. So, we get a 1% hike in wages. The companies then need to raise prices to cover the cost of labor because they have to keep margins/profits up to satisfy shareholders. Then, the population spends their increased wages on the increased cost of goods.
I just don't get it! It's all just a vicious cycle to me to makes no sense. Maybe why I didn't go into Economics.
Rising wages. So, we get a 1% hike in wages. The companies then need to raise prices to cover the cost of labor because they have to keep margins/profits up to satisfy shareholders. Then, the population spends their increased wages on the increased cost of goods.
I just don't get it! It's all just a vicious cycle to me to makes no sense. Maybe why I didn't go into Economics.
#32
LB- Interesting you mention that. I saw a few minutes on CNBC this morning, enough to make me dangerous to myself (and maybe others).... My latest thoughts...
Rising wages. So, we get a 1% hike in wages. The companies then need to raise prices to cover the cost of labor because they have to keep margins/profits up to satisfy shareholders. Then, the population spends their increased wages on the increased cost of goods.
I just don't get it! It's all just a vicious cycle to me to makes no sense. Maybe why I didn't go into Economics.
Rising wages. So, we get a 1% hike in wages. The companies then need to raise prices to cover the cost of labor because they have to keep margins/profits up to satisfy shareholders. Then, the population spends their increased wages on the increased cost of goods.
I just don't get it! It's all just a vicious cycle to me to makes no sense. Maybe why I didn't go into Economics.
Get your piece of the pie before its gone. Smash and grab...
#33
Yes it is all interconnected, we all are on this planet together, sharing it. Agreed. When a system is built upon scarcity, it naturally pics winners and losers to work. Seems to be unavoidable when you do the math. I don't like it and I think we can do much better. But not under the current short sided materialistic/consumer based value system that capitalism seems to breed. I think we can practice Capitalism more responsibly and have different expectations about how it is to serve us. The stock market is probably the epicenter of all that is wrong. Unless of course you are investing in solutions to the current failing paradigm.
Last edited by s2000Junky; 02-06-2018 at 09:46 AM.
#34
Yes it is all interconnected, we all are on this planet together, sharing it. Agreed. when a system is built upon scarcity, it naturally pics winners and losers to work. Seems to be unavoidable when you do the math. I don't like it and I think we can do much better. But not under the current short sided materialistic/consumer based value system that capitalism seems to breed.
Thread
Thread Starter
Forum
Replies
Last Post