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Post by aztecwin on Feb 3, 2014 15:09:15 GMT -8
Of course there were incentives that helped make the railroads and their risk takers very successful. Had government chosen to try to undertake that task itself, we would still be laying rail between Chicago and Minneapolis. Glad to see you acknowledge the government should intervene in the market place. You Commie. Not what was said or meant.
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Post by aztecwin on Feb 3, 2014 15:12:13 GMT -8
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Post by aztec70 on Feb 3, 2014 21:21:52 GMT -8
Of course the government gave the railroad barons alternating section of land along the right of way. No government intervention in the marketplace there. Of course there were incentives that helped make the railroads and their risk takers very successful. Had government chosen to try to undertake that task itself, we would still be laying rail between Chicago and Minneapolis. I will take your word on how inefficient government is. You worked for the federal government for forty some years, I suspect you were a master at inefficency with all that experience.
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Post by aztec70 on Feb 3, 2014 21:43:30 GMT -8
Glad to see you acknowledge the government should intervene in the market place. You Commie. Not what was said or meant. LOL It is true, though, that you said that it is right for the government to support business. Conservatives are happy for the government to support business. Funny how conservatives think people should stand on their own, especially poor people, but business needs government help. Welfare for the rich is the name of the game for conservatives.
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Post by Zuma on Feb 4, 2014 9:17:35 GMT -8
I think you guys are missing the important variable of technological advancement. Before he created the assembly line, fords cars took 12 hours to make and cost the consumer $825. Just a few years later the time was down to 93 minutes and the price was under $300. Ford raised wages to bring in workers to keep his machine going. He innovated, and was the king of a new way to produce goods. Walmart hasn't created a new and more efficient way to buy things. Now if the could invent instant replicators that need trained people to create anything in seconds, they would have consumers (not just low end consumers) filling their stores with money hand over fist. This innovation would create a need for more competent workers, which they would need to pay a higher wage to keep them motivated. Instead Walmart continues to prey on the least common denominator, which doesn't necessitate a highly motivated, highly skilled employee base. You want workers to get better wages? Open your own store and pay them more
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