Page 121 of 204 FirstFirst ... 2171111119120121122123131171 ... LastLast
Results 2,401 to 2,420 of 4079

Thread: Economics Thread

  1. #2401
    I <3 Ron Paul + gilesfan sturg33's Avatar
    Join Date
    Jul 2013
    Posts
    52,587
    Thanks Thanks Given 
    1,018
    Thanks Thanks Received 
    8,096
    Thanked in
    5,758 Posts
    Assuming a fair playing field, Do you support higher taxes on individuals and corporations?

  2. #2402
    Shift Leader thethe's Avatar
    Join Date
    Jul 2013
    Posts
    69,579
    Thanks Thanks Given 
    5,507
    Thanks Thanks Received 
    5,179
    Thanked in
    3,898 Posts
    Quote Originally Posted by sturg33 View Post
    Assuming a fair playing field, Do you support higher taxes on individuals and corporations?
    I’d need to see that world first but I’ve traditionally been a low taxation person.

    It’s been a long time since we’ve seen capitalism. Its all end stage which is just a series of monopolies that push the middle class out of financial independence and pushed into lives of meager salaries.

    Some of us are fortunate to have mathematical brains and the ability to learn things quickly.
    Natural Immunity Croc

  3. #2403
    I <3 Ron Paul + gilesfan sturg33's Avatar
    Join Date
    Jul 2013
    Posts
    52,587
    Thanks Thanks Given 
    1,018
    Thanks Thanks Received 
    8,096
    Thanked in
    5,758 Posts
    We are not a capitalist economy anymore.

    But capitalism is the way out.

    It's a catch 22 when it is disproportionately applied.

    We need an actual libertarian government

  4. #2404
    It's OVER 5,000! striker42's Avatar
    Join Date
    Jul 2013
    Posts
    10,597
    Thanks Thanks Given 
    387
    Thanks Thanks Received 
    3,187
    Thanked in
    2,040 Posts
    Quote Originally Posted by sturg33 View Post
    Went to a Westin last year, checked in and out on my phone, used my phone as a door key, never spoke to any hotel employee. Great stay.

  5. #2405
    I <3 Ron Paul + gilesfan sturg33's Avatar
    Join Date
    Jul 2013
    Posts
    52,587
    Thanks Thanks Given 
    1,018
    Thanks Thanks Received 
    8,096
    Thanked in
    5,758 Posts
    Quote Originally Posted by striker42 View Post
    Went to a Westin last year, checked in and out on my phone, used my phone as a door key, never spoke to any hotel employee. Great stay.
    The government is 100% trying to get as many people out of work as possible.

    Crush small businesses.

    Impose their will through big corps so they can keep their hands clean.

    And all the people without a job will beg for the crumbs via stimulus checks to survive

  6. #2406
    Expects Yuge Games nsacpi's Avatar
    Join Date
    Jul 2013
    Posts
    47,433
    Thanks Thanks Given 
    2,704
    Thanks Thanks Received 
    11,384
    Thanked in
    7,533 Posts
    Quote Originally Posted by sturg33 View Post
    uh marriott been using those for a few years now
    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

  7. #2407
    Waiting for Free Agency acesfull86's Avatar
    Join Date
    Jul 2013
    Posts
    3,900
    Thanks Thanks Given 
    2,746
    Thanks Thanks Received 
    1,281
    Thanked in
    908 Posts
    https://reason.com/2021/04/22/covid-...y-fails-again/

    It's a good thing Americans don't have to wait for the federal government's hand-picked suppliers of vaccines and syringes to end the COVID-19 pandemic. Those operations are not going well.

    First, let's check in with ApiJect Systems Corp, a Connecticut-based medical supply company that got a $138 million government contract last year to develop a newfangled syringe that would be pre-filled with COVID-19 vaccine. You might think that's a lot of money simply to save the few seconds it takes to fill a syringe with vaccine—but the real goal of the contract was to reduce America's supposedly debilitating (and vastly overstated) reliance on medical equipment made in other countries.

    The project will "help significantly decrease the United States' dependence on offshore supply chains and its reliance on older technologies with much longer production lead times," a Pentagon spokesman told NBC when the contract was announced last May. Why trade with other countries when we can make better syringes here in America, and do it faster too?

    That is exactly what the proponents of industrial policy keep saying. So how is it working out?

    Not great. More than 215 million doses of COVID-19 vaccine have been administered to Americans, but not a single one has been delivered via the fancy new syringes that ApiJect Systems is getting paid to produce. In fact, NBC reported on Wednesday that ApiJect has yet to produce a single syringe.

    It gets worse. As part of an overall package of government contracts and federal loans that NBC says totaled $1.3 billion (ApiJect says the figure is lower), the company was supposed to build a manufacturing facility that would not only meet the COVID-19 pandemic head-on but would eventually provide syringes prefilled with other vaccines too. A spokesman for the industrial park in North Carolina where the facility was supposed to be built tells NBC that there's no factory there.

    ........

    Speaking of which, how are things going at Emergent BioSolutions, the federal government's hand-picked manufacturer of American-made vaccines?

    Oh, boy. "Federal regulators have found serious flaws at the Baltimore plant that had to throw out up to 15 million possibly contaminated doses of Johnson & Johnson's coronavirus vaccine," The New York Times reports. "Production is now on pause in the United States, and all vaccines manufactured at the plant have been quarantined."

    Unlike ApiJect, which received government funds during last year's rush to throw as much money at possible pandemic-ending ideas, Emergent Biosolutions has been on the federal dole since 2012 for the express purpose of domestic vaccine production in the event of a viral outbreak. That it has so far been unable to produce a single usable dose of vaccine is a damning illustration of the failure of industrial policy. This is the ultimate "you had one job" situation.


    —————

    Stunned!

  8. The Following User Says Thank You to acesfull86 For This Useful Post:

    Tapate50 (04-26-2021)

  9. #2408
    It's OVER 5,000! Jaw's Avatar
    Join Date
    Oct 2016
    Posts
    7,309
    Thanks Thanks Given 
    8,202
    Thanks Thanks Received 
    2,344
    Thanked in
    1,625 Posts
    Quote Originally Posted by acesfull86 View Post
    https://reason.com/2021/04/22/covid-...y-fails-again/

    It's a good thing Americans don't have to wait for the federal government's hand-picked suppliers of vaccines and syringes to end the COVID-19 pandemic. Those operations are not going well.

    First, let's check in with ApiJect Systems Corp, a Connecticut-based medical supply company that got a $138 million government contract last year to develop a newfangled syringe that would be pre-filled with COVID-19 vaccine. You might think that's a lot of money simply to save the few seconds it takes to fill a syringe with vaccine—but the real goal of the contract was to reduce America's supposedly debilitating (and vastly overstated) reliance on medical equipment made in other countries.

    The project will "help significantly decrease the United States' dependence on offshore supply chains and its reliance on older technologies with much longer production lead times," a Pentagon spokesman told NBC when the contract was announced last May. Why trade with other countries when we can make better syringes here in America, and do it faster too?

    That is exactly what the proponents of industrial policy keep saying. So how is it working out?

    Not great. More than 215 million doses of COVID-19 vaccine have been administered to Americans, but not a single one has been delivered via the fancy new syringes that ApiJect Systems is getting paid to produce. In fact, NBC reported on Wednesday that ApiJect has yet to produce a single syringe.

    It gets worse. As part of an overall package of government contracts and federal loans that NBC says totaled $1.3 billion (ApiJect says the figure is lower), the company was supposed to build a manufacturing facility that would not only meet the COVID-19 pandemic head-on but would eventually provide syringes prefilled with other vaccines too. A spokesman for the industrial park in North Carolina where the facility was supposed to be built tells NBC that there's no factory there.

    ........

    Speaking of which, how are things going at Emergent BioSolutions, the federal government's hand-picked manufacturer of American-made vaccines?

    Oh, boy. "Federal regulators have found serious flaws at the Baltimore plant that had to throw out up to 15 million possibly contaminated doses of Johnson & Johnson's coronavirus vaccine," The New York Times reports. "Production is now on pause in the United States, and all vaccines manufactured at the plant have been quarantined."

    Unlike ApiJect, which received government funds during last year's rush to throw as much money at possible pandemic-ending ideas, Emergent Biosolutions has been on the federal dole since 2012 for the express purpose of domestic vaccine production in the event of a viral outbreak. That it has so far been unable to produce a single usable dose of vaccine is a damning illustration of the failure of industrial policy. This is the ultimate "you had one job" situation.


    —————

    Stunned!
    That's painful. The ApiJect people should have some assets seized, right before they're sent to jail.
    Go get him!

    Founding member of the Whiny Little Bitches and Pricks Club

  10. #2409
    I <3 Ron Paul + gilesfan sturg33's Avatar
    Join Date
    Jul 2013
    Posts
    52,587
    Thanks Thanks Given 
    1,018
    Thanks Thanks Received 
    8,096
    Thanked in
    5,758 Posts
    Some silver lining in NYC being turned into a shlthole


  11. #2410
    Not Actually Brian Hunter Metaphysicist's Avatar
    Join Date
    Jul 2013
    Posts
    2,641
    Thanks Thanks Given 
    1,547
    Thanks Thanks Received 
    1,645
    Thanked in
    878 Posts
    lol it's basically a Kurt Russell movie up in here someone save us

  12. #2411
    Waiting for Free Agency acesfull86's Avatar
    Join Date
    Jul 2013
    Posts
    3,900
    Thanks Thanks Given 
    2,746
    Thanks Thanks Received 
    1,281
    Thanked in
    908 Posts
    ” There is simply no reason why the blades for wind turbines can’t be built in Pittsburgh instead of Beijing. No reason. None. No reason.” - Joe Biden

    ————

    I can give you a couple, Joe

  13. The Following User Says Thank You to acesfull86 For This Useful Post:

    Jaw (05-06-2021)

  14. #2412
    It's OVER 5,000! 57Brave's Avatar
    Join Date
    Jul 2013
    Posts
    22,801
    Thanks Thanks Given 
    1,682
    Thanks Thanks Received 
    1,889
    Thanked in
    1,420 Posts
    Quote Originally Posted by acesfull86 View Post
    ” There is simply no reason why the blades for wind turbines can’t be built in Pittsburgh instead of Beijing. No reason. None. No reason.” - Joe Biden

    ————

    I can give you a couple, Joe
    ?

    do say
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

  15. #2413
    Waiting for Free Agency acesfull86's Avatar
    Join Date
    Jul 2013
    Posts
    3,900
    Thanks Thanks Given 
    2,746
    Thanks Thanks Received 
    1,281
    Thanked in
    908 Posts

  16. #2414
    Waiting for Free Agency acesfull86's Avatar
    Join Date
    Jul 2013
    Posts
    3,900
    Thanks Thanks Given 
    2,746
    Thanks Thanks Received 
    1,281
    Thanked in
    908 Posts
    https://reason.com/2021/05/07/more-t...ces-skyrocket/



    Steel prices are surging and American manufacturing is paying the price—literally, thanks in part to the ongoing consequences of former President Donald Trump's tariffs, which President Joe Biden has not removed.

    On Thursday, more than 300 manufacturing businesses sent a letter to the White House urging Biden to repeal Trump's tariffs, which the signatories say have contributed to supply shortages, long lead times, and artificially high prices for key inputs made of steel and aluminum.

    "It is businesses manufacturing in America such as ours who pay the tariffs on imports, and it is our businesses and employees who suffer when our product cannot compete with overseas manufacturers because the U.S. is an island of high steel and aluminum prices," reads the letter, in part. The manufacturers say that they are forced to pay prices as much as 40 percent higher for some steel products than overseas competitors, an "unsustainable situation for any U.S. employer."

    According to SteelBenchmarker, an industry publication, one metric tonne of American-made hot-rolled band steel is now priced at over $1,500. That's nearly three times more expensive than it was at this same time last year.

    .......

    American-made steel closely tracked global prices until mid-2018, when Trump imposed 25 percent tariffs on imports of foreign steel into America. Since then, American-made steel has diverged significantly from global prices.

    For American manufacturers that require raw steel inputs to make anything from cars to kitchen appliances, that's a problem. Buying foreign steel meaning saving some money, but then owing a 25 percent tax to the federal government—because tariffs are really just taxes.

    The goal of Trump's tariffs was to increase the competitiveness of American-made steel relative to the rest of the world, but that does not appear to have happened. Instead, American steelmakers have simply been able to raise prices even faster because they are protected from competition.

  17. #2415
    Shift Leader thethe's Avatar
    Join Date
    Jul 2013
    Posts
    69,579
    Thanks Thanks Given 
    5,507
    Thanks Thanks Received 
    5,179
    Thanked in
    3,898 Posts
    Quote Originally Posted by acesfull86 View Post
    https://reason.com/2021/05/07/more-t...ces-skyrocket/



    Steel prices are surging and American manufacturing is paying the price—literally, thanks in part to the ongoing consequences of former President Donald Trump's tariffs, which President Joe Biden has not removed.

    On Thursday, more than 300 manufacturing businesses sent a letter to the White House urging Biden to repeal Trump's tariffs, which the signatories say have contributed to supply shortages, long lead times, and artificially high prices for key inputs made of steel and aluminum.

    "It is businesses manufacturing in America such as ours who pay the tariffs on imports, and it is our businesses and employees who suffer when our product cannot compete with overseas manufacturers because the U.S. is an island of high steel and aluminum prices," reads the letter, in part. The manufacturers say that they are forced to pay prices as much as 40 percent higher for some steel products than overseas competitors, an "unsustainable situation for any U.S. employer."

    According to SteelBenchmarker, an industry publication, one metric tonne of American-made hot-rolled band steel is now priced at over $1,500. That's nearly three times more expensive than it was at this same time last year.

    .......

    American-made steel closely tracked global prices until mid-2018, when Trump imposed 25 percent tariffs on imports of foreign steel into America. Since then, American-made steel has diverged significantly from global prices.

    For American manufacturers that require raw steel inputs to make anything from cars to kitchen appliances, that's a problem. Buying foreign steel meaning saving some money, but then owing a 25 percent tax to the federal government—because tariffs are really just taxes.

    The goal of Trump's tariffs was to increase the competitiveness of American-made steel relative to the rest of the world, but that does not appear to have happened. Instead, American steelmakers have simply been able to raise prices even faster because they are protected from competition.
    Excellent. More costs of production staying within the US.

    More jobs. More stable families. What a country should strive for.
    Natural Immunity Croc

  18. #2416
    Shift Leader thethe's Avatar
    Join Date
    Jul 2013
    Posts
    69,579
    Thanks Thanks Given 
    5,507
    Thanks Thanks Received 
    5,179
    Thanked in
    3,898 Posts
    And again, these efficiencies are not real and are generated from slave labor. Have to get out of your textbook definitions.

    Want to guess who the #1 steel exporter is?
    Natural Immunity Croc

  19. #2417
    Waiting for Free Agency acesfull86's Avatar
    Join Date
    Jul 2013
    Posts
    3,900
    Thanks Thanks Given 
    2,746
    Thanks Thanks Received 
    1,281
    Thanked in
    908 Posts
    Where are you getting “more jobs?”

  20. #2418
    Shift Leader thethe's Avatar
    Join Date
    Jul 2013
    Posts
    69,579
    Thanks Thanks Given 
    5,507
    Thanks Thanks Received 
    5,179
    Thanked in
    3,898 Posts
    Quote Originally Posted by acesfull86 View Post
    Where are you getting “more jobs?”
    How does the additional steel that is being purchased from US firms get produced and delivered?
    Natural Immunity Croc

  21. #2419
    Waiting for Free Agency acesfull86's Avatar
    Join Date
    Jul 2013
    Posts
    3,900
    Thanks Thanks Given 
    2,746
    Thanks Thanks Received 
    1,281
    Thanked in
    908 Posts
    Quote Originally Posted by thethe View Post
    How does the additional steel that is being purchased from US firms get produced and delivered?
    That’s great as long as those doing the purchasing are still in business. There are two sides to the equation.

  22. #2420
    Shift Leader thethe's Avatar
    Join Date
    Jul 2013
    Posts
    69,579
    Thanks Thanks Given 
    5,507
    Thanks Thanks Received 
    5,179
    Thanked in
    3,898 Posts
    Quote Originally Posted by acesfull86 View Post
    That’s great as long as those doing the purchasing are still in business. There are two sides to the equation.
    The demand for macro growth will remained unchanged. The same amount of building/production will be required. Costs will go down the chain. Ive never said otherwise. By the time it gets to the consumer the costs aren’t very noticeable. While the big number describing cumulative extra costs to consumers is accurate it is misleading because it’s just the denominator.

    But again, these efficiencies you think exist aren’t resulting from fair markets. I’m confused why you have such a blind eye to it when you discuss your beliefs on economics.
    Natural Immunity Croc

Similar Threads

  1. Sad state of American Economics
    By zitothebrave in forum LOCKER ROOM TALK
    Replies: 88
    Last Post: 11-19-2014, 01:40 PM
  2. Does Obama Understand Basic Economics?
    By acesfull86 in forum LOCKER ROOM TALK
    Replies: 2
    Last Post: 11-18-2014, 09:02 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •