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Didn't they learn about the law of diminishing marginal returns in economics and the effects of competition on profit margins?

http://www.investopedia.com/terms/l/lawofdiminishingmarginalreturn.asp

2007-10-04 07:55:24 · 8 answers · asked by ideogenetic 7 in Politics & Government Politics

Conservatives still believe in the utopian notion that wealth and opportunity grow on trees. They either forgot or never knew that scarcity is a fundamental law of nature. Consequently, the problem becomes how you distribute the wealth available. Making false promises to the masses to string them along in an economic system that is doomed to fail is not a solution. Witness the U.S. being the LARGEST DEBTOR ON EARTH for this reason.

2007-10-04 08:09:44 · update #1

Pssst....American debt is $46.573 trillion against a GDP of $13.768 trillion.

That's total market debt 338.269% of GDP.

http://www.federalreserve.gov/Releases/z1/current/accessible/l1.htm
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

2007-10-04 08:25:17 · update #2

Your link only shows federal and publicly held debt. You are ignoring privately held debt. Federal debt is only a portion of total credit market debt.

2007-10-04 12:28:33 · update #3

Based on the percentages in your link and the BEA GDP, private debt is 70% of total credit market debt in the U.S. Public debt is only 30%. Hence, more evidence of the debt Ponzi scheme that is our economy.

2007-10-04 12:32:37 · update #4

8 answers

They believe in, and indeed foster a culture of social Darwinism.
To those "who can't cut it" they will quickly find the cruel back hand of the compassionate conservative.

2007-10-04 07:58:15 · answer #1 · answered by Anonymous · 4 6

First, your question is so horribly worded it was nearly painful to read.

Second, because I had to expend effort to make sense of your poor grammar, I feel obligated to answer and claim my two points.

And finally, the answer you so haphazardly seek: The example in the link states that if you hold the size of the factory constant and keep piling workers in, eventually production per additional employee will decline. This is true, but if you allow the owners of the factory to keep a reasonable amount of their earnings (low taxes) they can reinvest to expand the physical size of their factory, add additional production lines, and hire more employees all the while holding production per employee constant.

2007-10-04 08:15:03 · answer #2 · answered by floatingbloatedcorpse 4 · 3 2

Well, you can't be an idiot either, for instance, if you built a house without a hammer and you used a rock to nail things in, boy you worked Hard but now you are broke because it too you 100x longer to build a house, now you are a broke idiot. Hard work does pay off, the better you do in school the smarter you are the easier life is.

2007-10-04 07:59:29 · answer #3 · answered by Zenkai 6 · 3 4

It sometimes does seem like the harder you work the worst off you be, I've felt that way many times just keep your head up work as hard as you can, and try to make the best of our crumbling world, that's the only thing we have left to do.

2007-10-04 08:06:59 · answer #4 · answered by Anonymous · 2 3

The subjects you name were invented by Liberals to redistribute the hard earned dollars of those who actually WORK for a living.

Hard work DOES pay off. You people just don't WANT to work hard, when you can pick someone else's pocket instead.

2007-10-04 08:00:19 · answer #5 · answered by Quietman40 5 · 5 4

"Making false promises to the masses to string them along in an economic system that is doomed to fail is not a solution. "

Good point.

Cuba, U.S.S.R., Zimbabwe, Venezuela, Burma, France, Michigan

2007-10-04 08:15:51 · answer #6 · answered by freedom first 5 · 2 4

oh but we have, however we also learned what liberals cant learn that if you dont get rewarded for hard work you wont put in the effort. which then leads to EVERYBODY LOSING.

2007-10-04 08:10:01 · answer #7 · answered by CaptainObvious 7 · 2 2

Why don't you try hard work first and let us know how that works out for you?

2007-10-04 07:57:33 · answer #8 · answered by Anonymous · 6 5

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