Ronald Reagan

[Enoch Root]

When she wrote about supply and demand as regards the workers I thought she meant there are fewer people who know how to find oil and more who can drill oil. That because there is less of the one group than the other, the group with fewer members "deserves" to be paid more.

[randolph]

In the book I am reading " The Middle East" slavery was routine in those days. If you needed help you raided the neighbors for women and workers. Slaves were a good deal no wages, just enough food and water to keep them working. Sounds like the beginning of capitalism.
A lot of our current products are being produced by workers close to slavery. In Asia they get just enough pay to stay alive and get to work. Things are changing in China, however, the workers are getting fedup and demanding a decent wage. So what do the capitalists do? They move production somewhere else where they can find desperately poor that are willing to work for slave wages.
Think about that when shopping at Wallmart.

[randolph]

Hey, all conservatives, you can sign up for conservative Email for only $39.95. What a deal!


In the world of email, a short list of companies dominate--Google, AOL, Yahoo, Microsoft--but there's a new player in the game that's ready to tear down their firewalls: Ronald Reagan. Just as Reagan took on Walter Mondale and Jimmy Carter, the conservative icon's family isn't about to bow down to any lily-livered liberals, be them presidential candidates or billion-dollar tech giants.

Last year, in his father's memory, Reagan's son Michael launched an email service to end the monopoly of left-wing Internet companies. His charge was simple: "Every time you use your e-mail from companies like Google, AOL, Yahoo, Hotmail, Apple and others, you are helping liberals," Reagan wrote at the time. "These companies are, and will continue, to be huge supporters financially and with technology of those that are hurting our country." For only a small $39.95 annual fee, conservatives around the country could purchase an @Reagan.com email address, and rest easy knowing their money was going only toward conservative causes.

Liberal companies provide it free.

Conservatives charge, figures.

[Enoch Root]

Originally Posted by randolph

Liberal companies provide it free.

Conservatives charge, figures.

Could we establish right here and now that neither the Democrats nor the Republicans truly care about the people? That they both pander to the rich? It is true that the Republicans exploit the people gleefully and openly and then turn around and sell it all as freedom to the people (many of whom buy it for some reason), but both parties do it. And both are quite content to continually bombard the world and establish neo-colonies. I know this because my homeland is a colony of the United States of America.

[smc]

Originally Posted by TracyCoxx

If I had a drilling crew I'd be punching holes in the earth at random since I have no clue where to drill. The guy who knows where to drill has a valuable skill and should be paid well for it. How many people can work on an oil well? Probably quite a lot with a little training. How many people know where to drill? Probable not so many, and with a lot of training. Simple supply and demand. If you try and unbalance the supply and demand equation then you're left with something unsustainable.

Originally Posted by smc

Knowing where to drill has nothing to do with supply and demand. Perhaps a little Economics 101 is in order. Here's a simple explanation:

http://courses.cit.cornell.edu/econ1...ly&demand.html

Originally Posted by Enoch Root

When she wrote about supply and demand as regards the workers I thought she meant there are fewer people who know how to find oil and more who can drill oil. That because there is less of the one group than the other, the group with fewer members "deserves" to be paid more.

I am willing to entertain Enoch Root's explanation for Tracy Coxx's initial post regarding "supply and demand." If that is what was meant, then the problem is the use of the economics term "supply and demand" rather than "labor market supply and demand" or "labor supply and demand," which are specific concepts in economics that do not necessarily follow the standard supply and demand equations typically taught in economics courses.