Essential Economics for Politicians

Hüsker Dü said:
Just going along with your line of thinking.
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Whassss sup Gato.....

The Democrats are in dire need of Cash.....

Send your Hard Earned " Union " compensation to Tom Perez via the DNC.....

Many followers of the " DNC " cult are in need of legal defense funding, your
donation will be utilized to save their ass.....No appreciation letter will ever
be sent and no acknowledgement will be given for the " Cash " donation you
WILL send.....!!!!
They expect it !
 
Without “Vulture” Capitalists, Our Economy Would Rot
Their role isn't pretty, but it's vital.


by Jairaj Devadiga


The problem started in the 1990s when farmers began using a drug called diclofenac to treat their livestock. Diclofenac is toxic to vultures, and the contaminated carcasses decimated India’s vulture population. From as many as 80 million vultures in the 1980s, today only few thousand vultures remain in India.

What happened in the absence of vultures? Dogs and rats stepped in to feed on the carcasses. Unlike vultures, whose digestive tracts destroy all deadly pathogens, dogs and rats become carriers. The incidences of anthrax, plague, and rabies have skyrocketed. More than half the world’s rabies deaths annually occur in India.

The Parsi community had to stop their funeral practices because there aren’t enough vultures to get rid of the corpses, and the bodies were rotting and causing a stench which troubled the residents of nearby localities, not to mention the environmental threats posed by rotting corpses.


Damn Rat Bastards
 
As Steve Horwitz explains, the vulture capitalists perform a useful function. They try to revive failing businesses, and if they don’t succeed, they sell off the assets of those businesses (land, buildings, machines, and so on). This reallocation of labor and capital from an inefficient, failed business to a new, more efficient business is important for the economy to grow.

Can I get an Amen?
 
California's economy has surpassed that of the United Kingdom to become the world's fifth largest, according to new federal data made public Friday.

California's strong economic performance relative to other industrialized economies is driven by worker productivity, said Lee Ohanian, an economics professor at University of California, Los Angeles and director of UCLA's Ettinger Family Program in Macroeconomic Research. The United Kingdom has 25 million more people than California but now has a smaller GDP, he said.

California's economic juggernaut is concentrated in coastal metropolises around San Francisco, San Jose, Los Angeles and San Diego.

"The non-coastal areas of CA have not generated nearly as much economic growth as the coastal areas," Ohanian said in an email.

https://www.yahoo.com/news/california-now-worlds-5th-largest-201724211.html
 
Bruddah IZ said:
Without “Vulture” Capitalists, Our Economy Would Rot
Their role isn't pretty, but it's vital.


by Jairaj Devadiga


The problem started in the 1990s when farmers began using a drug called diclofenac to treat their livestock. Diclofenac is toxic to vultures, and the contaminated carcasses decimated India’s vulture population. From as many as 80 million vultures in the 1980s, today only few thousand vultures remain in India.

What happened in the absence of vultures? Dogs and rats stepped in to feed on the carcasses. Unlike vultures, whose digestive tracts destroy all deadly pathogens, dogs and rats become carriers. The incidences of anthrax, plague, and rabies have skyrocketed. More than half the world’s rabies deaths annually occur in India.

The Parsi community had to stop their funeral practices because there aren’t enough vultures to get rid of the corpses, and the bodies were rotting and causing a stench which troubled the residents of nearby localities, not to mention the environmental threats posed by rotting corpses.


Damn Rat Bastards
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The ecology of economics.
 
Ricky Fandango said:
The ecology of economics.
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Actually I don't think there is much disagreement that in a capitalist economy, business are very disposable and someone's loss is someone else's gain...

Where the we likely disagree is if we should let vulture capitalists make money off of things like pushing up the costs of medicine and college loans; or letting Puerto Rico go months without a working electric grid because the vultures are upset they are going to lose money.
 
tenacious said:
Actually I don't think there is much disagreement that in a capitalist economy, business are very disposable and someone's loss is someone else's gain...

Where the we likely disagree is if we should let vulture capitalists make money off of things like pushing up the costs of medicine and college loans; or letting Puerto Rico go months without a working electric grid because the vultures are upset they are going to lose money.
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Do you ever read what you post before you hit, "post reply"?
Just curious.
 
tenacious said:
Actually I don't think there is much disagreement that in a capitalist economy, business are very disposable and someone's loss is someone else's gain...

Where the we likely disagree is if we should let vulture capitalists make money off of things like pushing up the costs of medicine and college loans; or letting Puerto Rico go months without a working electric grid because the vultures are upset they are going to lose money.
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Oh boy. Stick to the entertainment business Tenny.
 
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