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Reply #2: Jeez. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
alcibiades_mystery Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-06-10 10:42 AM
Response to Reply #1
2. Jeez.
Nonsense #1: "The bank tax will go back to bankers, based on what we've seen." Prove.

Nonsense #2: "banks are much more like monopolies than are businesses in general, so the economics are different than a minimum wage increase." Actually, the vast majority of customers for the limited number of banks to which the fee applies can easily walk away to non-fee banks. This functions, in fact, LESS as a "monopoly" operation than an across the board minimum wage increase, from which there would be no exit move on the part of consumers, supposing we even believe the usual threats of passed on costs.

You say "the big picture is more complex" as part of your unending game to present yourself as an expert. Well expert away with some actual arguments instead of pretending that saying something is "complex" is sufficient to make a point.
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