That's amazing considering your statement, "Rich people hire poor people". Now there is a statement that doesn't make sense from an economic point of view, and it's about as relevant as saying employed people hire unemployed people. LOL
Regards, LelandJ On 09/14/2010 04:30 PM, Michael Madigan wrote: > I had two semesters of economics and three semesters of accounting, so you > can't bullshit me like you bullshit other people. > > > > --- On Tue, 9/14/10, Leland Jackson<[email protected]> wrote: > >> From: Leland Jackson<[email protected]> >> Subject: Re: [OT] A Recovery’s Long Odds >> To: "ProFox Email List"<[email protected]> >> Date: Tuesday, September 14, 2010, 4:25 PM >> I would recommend a course in >> economics 101. LOL >> >> Regards, >> >> LelandJ >> >> On 09/14/2010 03:18 PM, Michael Madigan wrote: >>> You aren't making any sense. >>> >>> --- On Tue, 9/14/10, Leland Jackson<[email protected]> >> wrote: >>>> From: Leland Jackson<[email protected]> >>>> Subject: Re: [OT] A Recovery’s Long Odds >>>> To: "ProFox Email List"<[email protected]> >>>> Date: Tuesday, September 14, 2010, 4:15 PM >>>> On 09/14/2010 02:13 PM, >>>> Michael Madigan wrote: >>>>> Only rich people hire poor people. I've >> never >>>> worked for a poor person in my life. >>>> >>>> Hahahaahaa. Business hire people, not rich >>>> people. Within a business >>>> the employment positions that are valued most >> receive the >>>> most pay, and >>>> employment positions that are valued less receive >> less >>>> pay. Therefore, >>>> manager, CEOs, and owner, (eg stockholders), are >> usually >>>> richer than >>>> than middle management and labor, (eg the middle >> class), >>>> but still the >>>> need of the business as a whole determine >> employment >>>> levels. >>>> >>>> The needs of the Business, whether incorporated >> are no, >>>> determine when >>>> hiring takes place. Rich people, per say, >> have little >>>> or no control >>>> over this, (eg the need of the business rule >> supreme and >>>> decisions on >>>> hiring are made by a board of directors and/or >> management >>>> and middle >>>> management). >>>> >>>> When the economy is normalized, (eg growing >> normally), >>>> employment is >>>> good, and companies stay busy selling good and >> services to >>>> consumer who >>>> have high demands for products, and can afford to >> pay for >>>> them. When >>>> the economy is depressed, there is little demand >> from >>>> consumers, so >>>> companies have less sales, are less busy, and >> require less >>>> employment. >>>> >>>> In a capitalist economy, employment is not an end >> in >>>> itself; rather, >>>> profit is the ends, and employees are a means to >> achieving >>>> this end. >>>> Within a corporation it is not a matter of the >> rich driving >>>> employment, >>>> but a matter of employment at all levels working >> together >>>> within the >>>> confines of the economic supply and demand >> equation, and >>>> sharing fairly >>>> in productivity. >>>> >>>> Whether you look at it in the context of a closed >> system >>>> like a >>>> corporation, or on a broader scale, like an entire >> economy, >>>> the rich are >>>> just as dependent on the middle class and poor, as >> the poor >>>> and middle >>>> class are dependent on the rich. Both are a >> necessity >>>> and codependent, >>>> but there must be fairness to create balance, so >> we have >>>> an to create >>>> an economy in which business need growing >> employment. >>>> Regards, >>>> >>>> LelandJ >>>> >>>> >>>>> Obama is too f%cking stupid and arrogant to >> realize >>>> this. He wants to play the class warfare >> game. >>>> Rich people aren't forced to hire people and will >> sit on >>>> their money until the incompetent Kenyan is gone. >>>>> The economy is doomed until 2013. >>>>> >>>>> >>>>> >>>>> >>>>> --- On Tue, 9/14/10, Leland Jackson<[email protected]> >>>> wrote: >>>>>> From: Leland Jackson<[email protected]> >>>>>> Subject: Re: [OT] A Recovery’s Long >> Odds >>>>>> To: "ProFox Email List"<[email protected]> >>>>>> Date: Tuesday, September 14, 2010, 3:00 >> PM >>>>>> On 09/14/2010 01:33 >> PM, >>>>>> Michael Madigan wrote: >>>>>>> Obama can send the economy zooming by >>>>>>> >>>>>>> 1. Repealing the health care >> bill >>>>>>> 2. Making the George Bush tax >> cuts >>>> permanent for >>>>>> everyone >>>>>>> 3. Dropping Cap and Tax from >> ever coming >>>> up >>>>>> again >>>>>>> 4. Cutting Federal spending back >> to >>>> 2008 >>>>>> levels. >>>>>>> 5. Cutting back the minimum wage >> to its >>>> previous >>>>>> level >>>>>> Your a true Ultra-Conservative, (eg one >> that >>>> insists the >>>>>> old order of >>>>>> thing must not change). There is a >> small >>>> group, such >>>>>> as yourself, in >>>>>> our legislature that feel likewise, and >> this small >>>> group of >>>>>> legislators, >>>>>> with the help of the wealthiest Americans >> and >>>> their >>>>>> lobbyist, control >>>>>> and seek to speak for the whole of the >> republican >>>>>> party. Their motto: >>>>>> >>>>>> Just say no to everything and wait for >> control of >>>> congress >>>>>> and the >>>>>> whitehouse to be return to them. >>>>>> >>>>>> Regards, >>>>>> >>>>>> LelandJ >>>>>> >>>>>>> --- On Tue, 9/14/10, Leland >> Jackson<[email protected]> >>>>>> wrote: >>>>>>>> From: Leland Jackson<[email protected]> >>>>>>>> Subject: Re: [OT] A Recovery’s >> Long >>>> Odds >>>>>>>> To: "ProFox Email List"<[email protected]> >>>>>>>> Date: Tuesday, September 14, 2010, >> 2:19 >>>> PM >>>>>>>> On >> 09/14/2010 12:51 >>>> PM, >>>>>>>> Michael Madigan wrote: >>>>>>>>> There's not going to be a >> recovery >>>> until Obama >>>>>> is >>>>>>>> driven from office. >>>>>>>>> Businesses are looking at: >>>>>>>>> >>>>>>>>> Higher Federal Taxes after Jan >> 1. >>>>>>>>> Higher medical insurance >> costs. >>>>>>>>> Cap and Trade taxes to fix >>>> non-existent >>>>>> Man-Made >>>>>>>> Global Warming. >>>>>>>>> Look for a recovery to begin >> Jan 20, >>>> 2013. >>>>>>>> So, your attitude is wait until >> 1213 for >>>> a >>>>>> Republican >>>>>>>> control government >>>>>>>> reminds me of someone else with >> that kind >>>> of >>>>>>>> attitude: LOL >>>>>>>> >>>>>>>> The Microsoft Motto: "We're the >> leaders, >>>> wait for >>>>>> us!" 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