Quote:

---

"I'm just trying to figure out how exactly Finn sees it."

---

Quote:

---

Of course Joe the Plumber lied

---

Quote:

---

BUT...

---

Quote:

---

Originally posted by Righteous9:
really? competition doesn't have an effect on prices? That seems counter intuitive to me, but I grant it's possible, if competition in turn creates competiton for the same resources required for a product...but then I'd assume there would be more providers of said product, competing for your business as well...etc.

---

Quote:

---

Originally posted by Righteous9:
Why doesn't it work on the supply and demand theory? if more people are supplying something, and they want to be supplying it to more of the population, aren't prices often a way in which they make their business more attractive?

either way, taht would have just been icing on the cake, because if prices stay the same for everything, at least there are still more people who can afford them.

Why wont it boost investment? Isn't it possible that it boost small investors who have some money to toy with?

---

Quote:

---

If you redistribute wealth from the companies to the consumers, then yes, the consumers will have marginally more money to buy products from the companies, which does create some job, but it will not lower prices or boost investment. It doesn’t boost investment because you're taking the money away from the companies. You can't invest money that is being taken away in taxes. So there’s less investment and less growth in the economy.

---

Quote:

---

After that, there are two ways I can think of to take the conversation....

1) But John Edwards lied, and I didn't see you get on HIS case, or

2) Joe was using a time-honored rhetorical device to get at a larger truth


Give up on the losing argument that Joe didn't lie. He did.


So Finn, I'm willing to bird-dog this discussion if you are...

---

Quote:

---

If you redistribute wealth from the companies to the consumers, then yes, the consumers will have marginally more money to buy products from the companies, which does create some job, but it will not lower prices or boost investment. It doesn’t boost investment because you're taking the money away from the companies.

---

Quote:

---

Originally posted by Kwicko:
Henry Ford might have an argument against that simplistic analogy. If you lower prices, then you sell MORE of a product, so although your profits per unit are down, your overall profits are up, and the cost of producing the product tends to fall as you produce more of them - which is how the Model T went from $805 new to $399 new within a few short years.

---

Quote:

---

Originally posted by SignyM:
This whole notion of "you need money to invest and create jobs" is 100% misunderstanding of the flow of capital. Nobody is going to invest in production if they don't see a demand for their product Henry Ford tried that at the beginning of the great Depression. He knew that unless people kept working and making money, there would be no demand for his product. So he kept his workers building cars as long as he could until he almost went bankrupt, when he was forced to quit. The cars sat idle and unsold.

---

Quote:

---

Then we don’t need Barack Obama’s socialist agenda. The market can handle these problems by itself.

---

Quote:

---

Originally posted by Kwicko:

Quote:

---

Then we don’t need Barack Obama’s socialist agenda. The market can handle these problems by itself.

---

So you agree that we don't need George Bush's socialist agenda either, right? The one that McCain also supports? After al, the market will correct itself, so quit pumping OUR money into it!

---

Quote:

---

Originally posted by Finn mac Cumhal:
Maybe we should correct that mistake and listen to him now.

---

Quote:

---

Originally posted by chrisisall:
McCain died three weeks ago, what we are seeing currently is a hologram- if their ticket should win, Palin will become Prez almost immediately, and you and I, my friend, will be royally screwed.

---

Quote:

---

At least then we could get a thriving underground economy going and have something close to a real free market, albeit an illegal one.

---

Quote:

---

Originally posted by Kwicko:
You make it sound like such a thing isn't already in existence, and thriving?...

---