Essential Economics for Politicians

messy said:
Hey weird 4ns, you and Iz combined don't have half of the equity, or cash, on my balance sheet. Wanna bet? No, you don't. I don't blame you.
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First you have to have Money " Messy ".....

Blank-Balance-Sheet-Excel-Template-Free-Download.jpeg
 
https://fee.org/articles/free-markets-refine-good-manners/[/QUOTE]
What is the hallmark of a monopoly or a cartel?
Bruddah IZ said:
The hallmark of a truly free market is that all associations and relationships are based on voluntary agreement and mutual consent. Another way of saying this is that, in the free market society, people are morally and legally viewed as sovereign individuals possessing rights to their life, liberty, and honestly acquired property, who may not be coerced into any transaction that they do not consider to be to their personal betterment and advantage.

The rules of the free market are really very simple: you don’t kill, you don’t steal, and you don’t cheat through fraud or misrepresentation. You can only improve your own position by improving the circumstances of others. Your talents, abilities, and efforts must all be focused on one thing: what will others take in trade from you for the revenues you want to earn as the source of your own income and profits?

Consent, Not Coercion, Is a Hallmark of the Market

https://fee.org/articles/free-markets-refine-good-manners/
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Thank you Mr. Econ 99. How is your hero Trump doing with all of this? Trump is a fucking moron when it comes to Free Trade and you are here every day defending the jackass. You are one confused tool.
From the article:
"The difference between the lower price the consumer would pay under free trade, and the higher price they would pay under a tariff, is the stolen sum out of the consumer's pocket."
Trump knows this but he keeps lying about it to his base of idiots becuase he knows how ignorant his they are. Case in point - the nutters on this board.
Please carry on with your confusion Izzy - its very entertaining.
 
Booter said:
https://fee.org/articles/free-markets-refine-good-manners/
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What is the hallmark of a monopoly or a cartel?


Thank you Mr. Econ 99. How is your hero Trump doing with all of this? Trump is a fucking moron when it comes to Free Trade and you are here every day defending the jackass. You are one confused tool.
From the article:
"The difference between the lower price the consumer would pay under free trade, and the higher price they would pay under a tariff, is the stolen sum out of the consumer's pocket."
Trump knows this but he keeps lying about it to his base of idiots becuase he knows how ignorant his they are. Case in point - the nutters on this board.
Please carry on with your confusion Izzy - its very entertaining.[/QUOTE]

Tariffs are a tax on a country's citizens to raise revenue for operating the government (including the part of the government that decides how much tariff to apply) or to influence their buying decisions. Tariffs only affect other countries when the tariffs are high enough to discourage imports, or perhaps when tariffs are applied selectively to one country's exports compared to those from another.

In the early days of our Republic, the chief sources of income for the government were land sales and tariffs.
 
Booter said:
What is the hallmark of a monopoly or a cartel?


Thank you Mr. Econ 99. How is your hero Trump doing with all of this? Trump is a fucking moron when it comes to Free Trade and you are here every day defending the jackass. You are one confused tool.
From the article:
"The difference between the lower price the consumer would pay under free trade, and the higher price they would pay under a tariff, is the stolen sum out of the consumer's pocket."
Trump knows this but he keeps lying about it to his base of idiots becuase he knows how ignorant his they are. Case in point - the nutters on this board.
Please carry on with your confusion Izzy - its very entertaining.
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Who said I support the higher taxes that tariffs are, which is the Democrats battle cry for 2020? You people are easily confused and detest the details of the difference between QE and Tariffs. Funny how you people support one while detesting the other. Though they both generate future cost, one is in the billions while the other is senselessly in the trillions. ....your hater is on overload.
 
espola said:
Tariffs are a tax on a country's citizens to raise revenue for operating the government (including the part of the government that decides how much tariff to apply) or to influence their buying decisions. Tariffs only affect other countries when the tariffs are high enough to discourage imports, or perhaps when tariffs are applied selectively to one country's exports compared to those from another.

In the early days of our Republic, the chief sources of income for the government were land sales and tariffs.
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QE is a tax on the country’s citizens, creating fiat money to raise revenue for operating the government.
 
"The Los Angeles Times released an extensive profile of new ESPN President Jimmy Pitaro over the weekend, cataloging Pitaro's rise to the top of the sports-focused network and his plans to make big changes to ESPN's coverage.

Buried deep in the profile — caught by National Review Online's Jim Geraghty — is some welcome news for fans of ESPN who have turned off or turned down the network over its sudden and dramatic plunge into politics. Pitaro says he recognizes that ESPN viewers want sports coverage, not political commentary.
This isn't really news for fans of the network, or of Pitaro.

It was clear as early as December of 2017 that ESPN's bottom line was being affected by its newfound love of social justice. Forbes reported at the time that ESPN's online consumer sentiment tanked from 62% to 41% with the network's coverage of that year's events in Charlottesville, Virginia, and subsequent commentary from some of its major anchors, including Jemele Hill."
 
messy said:
Thanks for letting me know.
Speaking of fools, tell me about the child molesting DC Democrat pizza parlor again? That was you who talked about it as fact, right?
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Yes it was.....!

You check the News lately....!

NXIVM ring a Bell....!

Oh and by the way....thanks for outing who you really are..

Along with being a Pussy...you are the outhouse Queen.
 
Alexandra Ocasio-Cortez and Bernie Sanders are proposing that interest rates on credit cards be capped, as a way of helping the poor. Would such a policy have that effect? I'm joined by Todd Zywicki, a professor of law at Antonin Scalia Law School at George Mason University, and who's an expert on consumer credit, to work through the answer. We also discuss the cronyism that keeps alternative institutions from issuing credit cards. - Tom Woods
 
Why the UK Suddenly Is Suffering from a Physician Shortage
If only someone had warned them.
Saturday, June 1, 2019

UK tax policy intended to soak the rich has caused highly specialized physicians and surgeons to retire early, depriving more than a million citizens of their services. A new report details the extent to which progressive taxation has harmed British patients.

The NHS is in a long wait times, and rationing. The UK lost 441 general practitioners last year and had 11,576 unfilled vacancies for doctors as of last June.

https://fee.org/articles/why-the-uk-suddenly-is-suffering-from-a-physician-shortage/
 
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