Peter Schiff: "Mental retards are maybe worth 2$ an hour"

[TLR Is Mental Poison]

I mean I agree that everyone who can work for a living, should work for a living, even if we have to waste a little money to create those jobs

But even from a purely economic standpoint, paying someone $2 an hour in the US without addressing the fact that one can't live on $2/hour in the US doesn't quite make sense

The economical analysis of folks like @DEAD7 ends at corporate balance sheets and talking points spewed by the likes of Peter Schiff... dudes like him don't realize the wealth of the capitalists he worships is heavily dependent on an economy comprised of consumers, from top to bottom, who feel economically confident and secure enough to continue to spend and invest themselves. Fetishizing/deifying capitalists at the expense of workers is a fool's game

 

[TLR Is Mental Poison]

He's right. Mental retards can only do manual labour. Manual labour right now may not even be worth $2 at hour.

You can't live on $2/hr in the US. What should we do with retards who aren't aborted?

 

[DEAD7]

If minimum wage and all our regulations are so counterproductive, why is America so much more productive and wealthy than the third world banana republics you are so eager to emulate? Some things are more important than quarterly profits and low prices.

We are doing better than the socialist nation too, in fact we are number one so we shouldnt look abroad for anything? I dont get your point...

and no one said, profits were the end all be all...

A balance can easily be struck between capitalism and collectivism that better benefits both workers AND capitalists than the system we have now, but it will require a shift in thinking on both the part of the workers and dudes like Peter Schiff... and thinking period from talking point regurgitating trolls like you.

I actually agree with you, we just disagree on how to go about it. I dont think those in washington will facilitate the change we want under any scenario, so I oppose them at every turn.
What I'd like to know is where does your faith in govt. comes from? A look at its track record leaves little room for such optimism...

 

[Mr. Somebody]

What about animals?

The Bengal tiger is almost going extinct because the population of India keeps on rising. Is it acceptable for animals to die just to keep the human population growing? Humans who are useless.

Or what does that little fairy tale book you read says?

Proverbs 12:10
Whoever is righteous has regard for the life of his beast, but the mercy of the wicked is cruel.

 

[godkiller]

"I'm not going to say that we're all created equal... you're worth what you're worth."

You can't live on $2/hr in the US. What should we do with retards who aren't aborted?

Good point. Plus, what does it mean to get what one's worth? Worth changes depending on the connections, political environment, laws, attitudes even the person in some cases (blonde versus brunette).

 

[DEAD7]

which is absolute bullshyt on your end since in your case, they wouldn't be paid.

Not everything works in the interest of the consumer. You must realize this instead of acting like some hardline ideological jackass.

Not everything should work in the interest of the consumer. But most things would, without regulation.

Whether or not you libertarians understand...making the poor/underclass feel complacent IS a positive feature for society.

If you can satiate some basic or entry level needs SUCH AS WAGE FLOORS, then you address the ability of the nation to move forward without paying so much attention to the plight of so many of those who can't fend for themselves.

We argue that handouts make them complacent and that giving them employment at any rate(initially) will empower them. Its not this f*ck poor people approach you guys love to suggest.

I mean I agree that everyone who can work for a living, should work for a living, even if we have to waste a little money to create those jobs

But even from a purely economic standpoint, paying someone $2 an hour in the US without addressing the fact that one can't live on $2/hour in the US doesn't quite make sense

The economical analysis of folks like @DEAD7 ends at corporate balance sheets and talking points spewed by the likes of Peter Schiff... dudes like him don't realize the wealth of the capitalists he worships is heavily dependent on an economy comprised of consumers, from top to bottom, who feel economically confident and secure enough to continue to spend and invest themselves. Fetishizing/deifying capitalists at the expense of workers is a fool's game

It is being addressed...
And I'd prefer a better safety net and the removal of min wage over what we have. Business's do better higher more, and no one starves.

Whats the hang up with min wage.
Also what we are seeing isnt capitalism I wish more people understood this

 

[godkiller]

Not everything should work in the interest of the consumer. But most things would, without regulation.

Somalia is a libertarian paradise. How's it working?

We argue that handouts make them complacent and that giving them employment at any rate(initially) will empower them. Its not this f*ck poor people approach you guys love to suggest.

But every society has a measure of handouts. Student loans are handouts. Emergency health care is a handout. Would people's lives be better or worse without these "handouts"? Let's test your fidelity to these purist notions.

And I'd prefer a better safety net and the removal of min wage over what we have. Business's do better higher more, and no one starves.

Whats the hang up with min wage.
Also what we are seeing isnt capitalism I wish more people understood this

Capitalism should only be maintained if it works as the best possible option. When this ceases to be the case, other options should be considered. In real life, most economies are mixed economies because pure capitalism is untenable.

 

[DEAD7]

1-Somalia is a libertarian paradise. How's it working?

2-But every society has a measure of handouts. Student loans are handouts. Emergency health care is a handout. Would people's lives be better or worse without these "handouts"?






3-Capitalism should only be maintained if it works as the best possible option. When this ceases to be the case, other options should be considered. In real life, most economies are mixed economies because pure capitalism is untenable.

1-Somalia is a failure of govt., not free society I'd post the wiki link explaining what happened to Somalia, but facts dont mean anything around here.

2-Better. Cant see it, but they would. Actually, anyone who has taken a serious look at the college loan process probably does know... whether they will admit it or not is a different story. All of the things you list need constant reform which is an admission that they havent worked.
Plus the economy as a whole plays a part in each of these so its really impossible to approach them individually as we often try.

3- I agree

 

[DEAD7]

Again where does this faith in the American govt. come from? Especially from blacks?

 

[☑︎#VoteDemocrat]

Not everything should work in the interest of the consumer. But most things would, without regulation.


We argue that handouts make them complacent and that giving them employment at any rate(initially) will empower them. Its not this f*ck poor people approach you guys love to suggest.



It is being addressed...
And I'd prefer a better safety net and the removal of min wage over what we have. Business's do better higher more, and no one starves.

Whats the hang up with min wage.
Also what we are seeing isnt capitalism I wish more people understood this

1. you don't prefer shyt cause you're a duplicitious liar. You don't want ANY social nets OR minimum wage. You don't want any of it. Don't even use the word "prefer" cause you know damn well there isnt any argument to satisfy you

2. I KNOW ITS NOT CAPITALISM DUMBASS. No system is COMPLETELY an "-ism" there are always compromises. Do you not know what mixed economies are???

 

[☑︎#VoteDemocrat]

Again where does this faith in the American govt. come from? Especially from blacks?

The goal is the make government better, not to remove it.

You can't keep bytching about government not protecting workers, if you prevent any efforts of that from ever taking place.

 

[DEAD7]

The goal is the make government better, not to remove it.

You can't keep bytching about government not protecting workers, if you prevent any efforts of that from ever taking place.

I get the goal, where does the belief that it is possible come from? You want the problem to fix itself, and all it has been doing instead is making itself richer, and the people less safe.
At what point is it enough? Or are you riding with the govt. til implodes?

 

[DEAD7]

1. you don't prefer shyt cause you're a duplicitious liar. You don't want ANY social nets OR minimum wage. You don't want any of it. Don't even use the word "prefer" cause you know damn well there isnt any argument to satisfy you

2. I KNOW ITS NOT CAPITALISM DUMBASS. No system is COMPLETELY an "-ism" there are always compromises. Do you not know what mixed economies are???

1- Truth. Not gonna lie, but ill accept the trade off, which is really the name of the game

2- Its just constantly referred to as "capitalism"... and fault is placed on 'capitalism". Thats my fault though, ill just keep in mind that when the term "capitalism" is used on HL you dont actually mean capitalism.

 

[TLR Is Mental Poison]

Not everything should work in the interest of the consumer. But most things would, without regulation.


We argue that handouts make them complacent and that giving them employment at any rate(initially) will empower them. Its not this f*ck poor people approach you guys love to suggest.

Who is "we" exactly? And the consumer is also the worker and the people affected by regulatory procedures. So compartmentalizing these groups as if there is no overlap is kind of stupid.

It is being addressed...
And I'd prefer a better safety net and the removal of min wage over what we have. Business's do better higher more, and no one starves.

I'm going to file this and bring it back up later, because it will be important.

Whats the hang up with min wage.
Also what we are seeing isnt capitalism I wish more people understood this

Like I said, you can't pull minimum wage without addressing the conditions that make minimum wage necessary. But again, I'm gonna tie this all together in a second.

We are doing better than the socialist nation too, in fact we are number one so we shouldnt look abroad for anything? I dont get your point...

My point is, "capitalists" love to cherry pick pieces of things other groups/countries are doing to justify their theoretical ideologies. I.e. your suggestion that since we send jobs overseas, minimum wage is bad. Meanwhile, there are a whole myriad of reasons and factors besides minimum wage that prompted those jobs to be shipped. It wasn't that long ago that there was no "overseas" to send jobs to, as many of these places simply either weren't open to the global economy, or weren't developed enough to deal with the level of manufacturing and industrialization we wanted to engage in. So to try and paint this picture like so much of our role in the global economy is a result of minmum wage is ridiculous, which is exactly what you are doing whether you will admit to it or not.

and no one said, profits were the end all be all...

They are for publicly traded corporations and capitalists like Peter Schiff who you defend/cosign.

I actually agree with you, we just disagree on how to go about it. I dont think those in washington will facilitate the change we want under any scenario, so I oppose them at every turn.

Don't patronize me. You don't agree with me. If the government isn't going to facilitate changes that are not in the direct interest of the private sector's MO (PROFITS), who will? You oppose govt at every turn? Who do you expect to implement the safety net you deem to be necessary? The private sector? How will safety nets add to their bottom line?

What I'd like to know is where does your faith in govt. comes from? A look at its track record leaves little room for such optimism...

Where does your faith in the private sector to do carry out any tasks that counteract their #1 goal (generating profits) come from? Private sector won't profit from implementing safety nets or regulation and has a long standing history of doing everything in their power to minimize/eliminate such endeavors. Including shipping jobs overseas to where such impediments don't exist. So again what are you talking about?

 

[Brown_Pride]

I agree with him on some stuff and not others.

Rogan grilled him pretty hard

I heard that but was struck me as odd was that Rogan was like at the end Joe told him thanks for putting up with a lot of his "devil's advocate" questions, I did like how Joe kept trying to tag him with humanitarian type questions and that's where is arguments sorta faltered a bit.

The problem with people like Schiff and Dead7 is they treat life like a game and don't really account for humanity (dead7 has his moments). Other than that PROFITABILITY is God.....
It just struck me...Libertarians are the Ferengi from Star Trek