LogFAQs > #934476436

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, Database 6 ( 01.01.2020-07.18.2020 ), DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Why is socialism bad?
Broseph_Stalin 02/16/20 8:36:44 PM #48:	ChocoboMog123 posted... "Theres no vaccine to prevent stunting. Proper nutrition involves eating enough food, and the right kinds, every day of your life." Africa is still starving. Even in America, food deserts exist which is partially why there is such an obesity problem. Walmarts and Dollar Stores have destroyed fresh food in many suburban areas. The global share of population that is undernourished is in free fall. Africa's population is exploding. Pretty good considering most African countries don't even embrace free markets. If farmers around the world were as productive as American ones, we'd be able to feed billions more people with far less land actually used for farming. ChocoboMog123 posted... Is that true? https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://fas.org/sgp/crs/misc/R45090.pdf Seems to be the case only for top earners. Yes. When you measure wage growth you have to consider a few things like what model you're using to measure inflation, technological innovation and it's impact on prices and make sure you're using ALL forms of worker compensation, not just wages. And of course, we're talking about the developed world here. Gains in the developing world have been even larger. ChocoboMog123 posted... Hot dog costs $.50 to make. Better to sell 20 for $1 or 1 for $20? 5 for $20? Demand is only so flexible. This is 101 level. Man if only I was rich, I'd know what a hot dog taste like! You can literally go buy a $1 hot dog right now, at least come up with a hypothetical scenario that isn't this easily debunked. ChocoboMog123 posted... Are you even trying? It's a fact. <cite>Broseph_Stalin posted [p:934476436] in Why is soc... [t:78410934]...</cite> <quote>ChocoboMog123 posted... </cite> <quote>"Theres no vaccine to prevent stunting. Proper nutrition involves eating enough food, and the right kinds, every day of your life." Africa is still starving. Even in America, food deserts exist which is partially why there is such an obesity problem. Walmarts and Dollar Stores have destroyed fresh food in many suburban areas.</quote>The global share of population that is undernourished is in free fall. Africa's population is exploding. Pretty good considering most African countries don't even embrace free markets. If farmers around the world were as productive as American ones, we'd be able to feed billions more people with far less land actually used for farming. ChocoboMog123 posted... </cite> <quote>Is that true? https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://fas.org/sgp/crs/misc/R45090.pdf Seems to be the case only for top earners.</quote> Yes. When you measure wage growth you have to consider a few things like what model you're using to measure inflation, technological innovation and it's impact on prices and make sure you're using ALL forms of worker compensation, not just wages. And of course, we're talking about the developed world here. Gains in the developing world have been even larger. ChocoboMog123 posted... </cite> <quote>Hot dog costs $.50 to make. Better to sell 20 for $1 or 1 for $20? 5 for $20? Demand is only so flexible. This is 101 level.</quote> Man if only I was rich, I'd know what a hot dog taste like! You can literally go buy a $1 hot dog right now, at least come up with a hypothetical scenario that isn't this easily debunked. ChocoboMog123 posted... </cite> <quote>Are you even trying?</quote> It's a fact. </quote> ... Copied to Clipboard!
Topic List	Page List: 1