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Response to HughBeaumont (Original post)

Tue Apr 10, 2012, 01:17 PM

4. The first one is simple

A libertarian would say that shareholders are free to waste as much of their money on CEO salaries as they'd like. It's their money. On the other hand, when the government pays someone, they are spending taxpayers money.

As for the second one, I don't think I've seen people saying that cutting the wages of the poor motivates them to work harder. I thought that it was an almost universally agreed upon principal of economics that they more someone can earn doing something, the more likely they will be to do it. In fact, I thought that was the point of the EITC. I made low wage work pay more, so it would motivate people to work more.

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Replies to this discussion thread
Arrow 13 replies Author Time Post
HughBeaumont Apr 2012 OP
Ohio Joe Apr 2012 #1
EC Apr 2012 #2
HughBeaumont Apr 2012 #3
LineNew Reply The first one is simple
FreeJoe Apr 2012 #4
HughBeaumont Apr 2012 #5
bongbong Apr 2012 #7
bongbong Apr 2012 #6
HughBeaumont Apr 2012 #8
Motown_Johnny Apr 2012 #9
Typical NYC Lib Apr 2012 #13
SmileyRose Apr 2012 #10
Zax2me Apr 2012 #11
guitar man Apr 2012 #12
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