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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (373519)3/10/2008 8:59:59 PM
From: TimF  Read Replies (1) | Respond to of 1573135
 
If you get a better job, and I get fired, then you have more money and I have less, but I didn't transfer the money to you.

Not even close to a good analogy.


Its a very good analogy. The fact that one person or group gets richer and another poorer doesn't indicate any transfer.

Well no your right, its not a good analogy because we aren't getting poorer.

Duh. There are multiple transactions going on Tim, equal to half our deficit. Of course there is a wealth transfer.

No multiple transactions, all voluntary and all an exchange where one side trades something for something else that they assign a higher value to. In other words all transactions that increase wealth for both sides.

You know what made this country great Tim? It wasn't our political system, it was our natural resources

Plenty of countries have a lot of natural resources. Many of them are far from being wealthy. A stable reasonably free political system, combined with a healthy private market system creates the wealth. Put in a political system like North Korea or Zimbabwe, or even like Venezuela, or Russia, or Saudi Arabia, and we would be much less wealthy.

The biggest wars have always been fought over important resources.

At least important resources have been major factors (but not the only reason for the fighting).

So what? That fact is irrelevant to your argument that trading for resources amounts to "a wealth transfer".