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Old 08-18-2015, 11:01 PM   #122
detbuch
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Join Date: Feb 2009
Posts: 7,688
Quote:
Originally Posted by Nebe View Post
i try to look at everything objectively.
While money in banks may help with mortgages, loans, etc.. In my opinion the way to really get the economy humming is to somehow get people's pay rate higher

The least inflationary ways to get pay rates higher is to reduce the government's bite in the people's paychecks, and to reduce regulatory burdens on business which reduces the cost of doing business (as well as making it possible for new businesses, especially smaller ones, to be created) which can lower the price of products (making pay rates higher) and make U.S. produced goods more competitive on the world market.

But arbitrarily mandating hikes in pay, such as increasing minimum wage, or negotiating as a matter of course for higher pay every three years, as in union contracts (especially public unions) results in short term pay gains which are shortly wiped out by the ensuing inflationary effect and must, as a matter of course, constantly be renegotiated at higher levels . . . infinitum . . . distorting market forces and eventually creating an artificially inflated and uncompetitive market ripe for "outsourcing jobs overseas."


and get those people to spend their money at family owned mom and pop businesses...

Regulatory costs and restrictions make it harder and harder to start mom and pop businesses, and the government/big business complex (which fuels regulatory costs and restrictions) favors big business and adds to the already existing natural competitive advantage big volume stores have over small ones.

Eat and shop local, and to buy American.
These trade agreements like the TPP is nothing but a way for American companies to continue outsourcing jobs overseas and import cheaper crap.
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Sounds as if you like the old notion of America described by de Tocqueville as a nation of shop keepers. Those were the days of a much freer laissez faire "free market" which rather conflicts with your desire to somehow control the market a la socialism.
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