Unless of course we conquer the world...which brings a new light to our ever expanding military.
With all these purchases you will eventually need a bigger salary correct? So minimum wage goes up because of our wants of more, and what happens when everyone in the country gets a raise? We have to print more money because there is simply not enough to go around...so the value is lowered. Through capitalism this is a never ending process.
Have you looked at the currency exchange rate recently?
Our system does work! The problem is we have a jerk that wants to keep putting his fingers in the pie! Inflation,too much money chasing too few goods and services.The fed controls it by changing the intrest rates.Let's say your boss has to borrow money to buy a building and a few trucks,instead of a 5% loan the rate is 13%,will that not affect the raise you get.If you buy a car and the rates are higher, that is money you can't spend on other stuff.Inflation is not a problem now,with high unemployment we have a lot of people who can't spend.Except when we buy oil from the Arabs a weak dollar is good for us.If a farmer in Italy wants to buy a tractor,it is cheaper to buy it from us,rather than one made in his own country.
Secondly, people need to learn how credit for "all these purchases" works. Simply put, you don't buy something on credit that you can't afford. Period. Anyone that does that needs to be punished, no matter what type of government is in place. And NO, the dot-gov should not be bailing out people who made such stupid foolish decisions.
Thirdly, there should be no government mandated minimum wage. The .gov should keep their hands out of private business. If they did, there would be lots of jobs available and people would become more self sufficient.
So again, if socialism works sooooo well, why isn't everybody migrating to Russia, Europe, India, etc??? And if capitalism os soooo bad, is it that so much of the rest of the world wants to migrate here??
Keep on drinking that koolaid kid... It'll cause permanent damage nto your eyesight....
Your statement is exactly what I'm trying to get through to you. Get a paying better job you say? Sure...and then when I do this who is going to raise their prices? My company...and when they do that the customers need a better paying job and their company raises prices...then their customers need a better paying job...and everyone has a better paying job due to high prices.
So how do we make up for everyone having a higher paying job? We print more money...economics 101 says that the more you print the less it's worth. The problem now is that we are both borrowing and printing.
If you enjoy other countries paying for your Big Macs then by all means, stay in love with our economics.
Think you need to wise up at all you have learned from your liberal teachers ...... most of them have their heads screwed on backwords and the saying of its all about the kids is really ... Were gonna keep saying we need money so we can keep raising our pay, retirment benifits, and healthcare.
Go ahead and follow their ideas ........... your the one thats going to be setting there years from now paying off what has been borrowed for years under the idea that you can think for yourself you need the government to do it for you.
Full time student ..... ya and I bet you have debt on school loans to prove it.:grin2:
No other country is paying for anything for me... ANd I don't buy big macs....
As far as the cravings go, get a life... If you can't afford something you want then too bad, cry me a river... You have the right and opportunity to free enterprise... If you choose not to utilize it, who's fault is that?? I am sick & tired of the .gov robbing me and all the other productive hard working people out there just so that some lazy *&^% *$#^%&^ out there can get fat on our dime...
I really think Russia would be a great place for all those who seem to hate capitalism....
Yea,and the more you buy and the more you earn the more tax you pay=less need to print money and more jobs= more spent more jobs more tex paid less printing and on and on!
The problem with our nation isn't capitalism. Capitalism works fine. Capitalism is what made us a great and successful nation.
The problem is crony capitalism. Too many people in government use our current tax system to grant and withhold favors, and to further their own careers.
Bureacracy and regulation have grown to the point where they prevent honest people from going into business for themselves, while encouraging criminals to beat the system. When government keeps things simple, citizens strive to better themselves in accordance with the law. When it gets complicated, people look for simpler ways.
For some, this means cheating the system. And if they're going to cheat, there had better be a profit in it.